10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

 (Mark One)

þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2014

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____ to ____

Commission file number001-00035

GENERAL ELECTRIC COMPANY

(Exact name of registrant as specified in its charter)

New York	14-0689340
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
3135 Easton Turnpike, Fairfield, CT	06828-0001
(Address of principal executive offices)	(Zip Code)
(Registrant’s telephone number, including area code)(203) 373-2211 _______________________________________________ (Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þNo ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes þNo ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer þ	Accelerated filer ¨
Non-accelerated filer ¨	Smaller reporting company ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No þ

There were 10,027,765,000 shares of common stock with a par value of $0.06 per share outstanding at March 31, 2014.

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General Electric Company

	Page
PART I - FINANCIAL INFORMATION
Item 1.  Financial Statements
Condensed Statement of Earnings	4
Condensed, Consolidated Statement of Comprehensive Income	5
Condensed, Consolidated Statement of Changes in Shareowners’ Equity	5
Condensed Statement of Financial Position	6
Condensed Statement of Cash Flows	7
Notes to Condensed, Consolidated Financial Statements (Unaudited)	8
Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations	44
Item 3.  Quantitative and Qualitative Disclosures About Market Risk	66
Item 4.  Controls and Procedures	66
PART II  OTHER INFORMATION
Item 1.  Legal Proceedings Item 2.  Purchases of Equity Securities by the Issuer and Affiliated Purchasers Item 6.  Exhibits  Signatures	66 68 69 70

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FORWARD-LOOKING STATEMENTS

This document contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; potential market disruptions or other impacts arising in the United States or Europe from developments in sovereign debt situations; the impact of conditions in the financial and credit markets on the availability and cost of General Electric Capital Corporation’s (GECC) funding and on our ability to reduce GECC’s asset levels as planned; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; pending and future mortgage securitization claims and litigation in connection with WMC, which may affect our estimates of liability, including possible loss estimates; our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so; the adequacy of our cash flows and earnings and other conditions which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; GECC’s ability to pay dividends to GE at the planned level, which may be affected by GECC's cash flows and earnings, financial services regulation and oversight, and other factors; our ability to convert pre-order commitments/wins into orders; the price we realize on orders since commitments/wins are stated at list prices; the level of demand and financial performance of the major industries we serve, including, without limitation, air and rail transportation, power generation, oil and gas production, real estate and healthcare; the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks, including the impact of financial services regulation; our capital allocation plans, as such plans may change including with respect to the timing and size of share repurchases, acquisitions, joint ventures, dispositions and other strategic actions; our success in completing announced transactions and integrating acquired businesses; our ability to complete the staged exit from our North American Retail Finance business or the acquisition of the Thermal, Renewables and Grid businesses of Alstom as planned; the impact of potential information technology or data security breaches; and numerous other matters of national, regional and global scale, including those of a political, economic, business and competitive nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

CORPORATE INFORMATION

GE’s Investor Relations website at www.ge.com/investor and our corporate blog at www.gereports.com, as well as GE’s Facebook page and Twitter accounts, contain a significant amount of information about GE, including financial and other information for investors. GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

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PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

General Electric Company and consolidated affiliates

Condensed Statement of Earnings

	Three months ended March 31 (Unaudited)
	Consolidated				GE(a)				Financial Services (GECC)
(In millions, except share amounts)	2014		2013		2014		2013		2014		2013
Revenues and other income
Sales of goods	$	16,941	$	15,674	$	16,988	$	15,677	$	27	$	26
Sales of services		6,909		6,513		7,023		6,626		–		–
Other income		196		1,615		161		1,620		–		–
GECC earnings from continuing operations		–		–		1,933		1,938		–		–
GECC revenues from services		10,132		11,141		–		–		10,488		11,442
Total revenues and other income		34,178		34,943		26,105		25,861		10,515		11,468
Costs and expenses
Cost of goods sold		13,713		12,866		13,762		12,874		25		21
Cost of services sold		4,809		4,449		4,923		4,562		–		–
Interest and other financial charges		2,414		2,603		365		324		2,161		2,382
Investment contracts, insurance losses and
insurance annuity benefits		620		663		–		–		643		689
Provision for losses on financing receivables		970		1,457		–		–		970		1,457
Other costs and expenses		8,196		8,766		3,808		4,057		4,574		4,886
Total costs and expenses		30,722		30,804		22,858		21,817		8,373		9,435
Earnings from continuing operations
before income taxes		3,456		4,139		3,247		4,044		2,142		2,033
Benefit (provision) for income taxes		(516)		(508)		(318)		(424)		(198)		(84)
Earnings from continuing operations		2,940		3,631		2,929		3,620		1,944		1,949
Earnings (loss) from discontinued operations,
net of taxes		12		(120)		12		(120)		12		(120)
Net earnings		2,952		3,511		2,941		3,500		1,956		1,829
Less net earnings (loss) attributable to
noncontrolling interests		(47)		(16)		(58)		(27)		11		11
Net earnings attributable to the Company	$	2,999	$	3,527	$	2,999	$	3,527	$	1,945	$	1,818
Amounts attributable to the Company
Earnings from continuing operations	$	2,987	$	3,647	$	2,987	$	3,647	$	1,933	$	1,938
Earnings (loss) from discontinued operations,
net of taxes		12		(120)		12		(120)		12		(120)
Net earnings attributable to the Company	$	2,999	$	3,527	$	2,999	$	3,527	$	1,945	$	1,818
Per-share amounts
Earnings from continuing operations
Diluted earnings per share	$	0.29	$	0.35
Basic earnings per share	$	0.30	$	0.35
Net earnings
Diluted earnings per share	$	0.30	$	0.34
Basic earnings per share	$	0.30	$	0.34
Dividends declared per common share	$	0.22	$	0.19

(a)   Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

See Note 3 for other-than-temporary impairment amounts.

See accompanying notes. Separate information is shown for “GE” and “Financial Services (GECC).” Transactions between GE and GECC have been eliminated from the “Consolidated” columns.

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General Electric Company and consolidated affiliates
Condensed, Consolidated Statement of Comprehensive Income
	Three months ended March 31 (Unaudited)
(In millions)		2014		2013
Net earnings	$	2,952	$	3,511
Less: net earnings (loss) attributable to
noncontrolling interests		(47)		(16)
Net earnings attributable to the Company	$	2,999	$	3,527
Other comprehensive income (loss)
Investment securities	$	457	$	68
Currency translation adjustments		49		(459)
Cash flow hedges		68		102
Benefit plans		695		853
Other comprehensive income (loss)		1,269		564
Less: other comprehensive income (loss) attributable to
noncontrolling interests		(2)		(2)
Other comprehensive income (loss) attributable to the Company	$	1,271	$	566
Comprehensive income	$	4,221	$	4,075
Less: comprehensive income (loss) attributable to
noncontrolling interests		(49)		(18)
Comprehensive income attributable to the Company	$	4,270	$	4,093

Amounts presented net of taxes. See Note 11 for further information about other comprehensive income and noncontrolling interests.

See accompanying notes.

General Electric Company and consolidated affiliates
Condensed, Consolidated Statement of Changes in Shareowners' Equity
	Three months ended March 31 (Unaudited)
(In millions)		2014		2013
GE shareowners' equity balance at January 1	$	130,566	$	123,026
Increases from net earnings attributable to the Company		2,999		3,527
Dividends and other transactions with shareowners		(2,210)		(1,974)
Other comprehensive income (loss) attributable to the Company		1,271		566
Net sales (purchases) of shares for treasury		(840)		(1,422)
Changes in other capital		50		(9)
Ending balance at March 31		131,836		123,714
Noncontrolling interests		6,183		5,336
Total equity balance at March 31	$	138,019	$	129,050

See Note 11 for further information about changes in shareowners’ equity.

See accompanying notes.

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General Electric Company and consolidated affiliates

Condensed Statement of Financial Position

	Consolidated				GE(a)				Financial Services (GECC)
	March 31,		December 31,		March 31,		December 31,		March 31,		December 31,
(In millions, except share amounts)	2014		2013		2014		2013		2014		2013
	(Unaudited)				(Unaudited)				(Unaudited)
Assets
Cash and equivalents	$	86,979	$	88,555	$	11,690	$	13,682	$	75,289	$	74,873
Investment securities		45,733		43,981		286		323		45,450		43,662
Current receivables		20,975		21,388		11,102		10,970		-		-
Inventories		18,881		17,325		18,819		17,257		62		68
Financing receivables – net		237,005		241,940		-		-		247,242		253,029
Other GECC receivables		9,009		9,114		-		-		15,643		16,513
Property, plant and equipment – net		67,743		68,827		17,624		17,574		50,489		51,607
Investment in GECC		-		-		79,637		77,745		-		-
Goodwill		79,129		77,648		52,793		51,453		26,336		26,195
Other intangible assets – net		14,788		14,310		13,518		13,180		1,275		1,136
All other assets		70,504		70,808		23,940		23,708		47,164		47,366
Assets of businesses held for sale		48		50		-		-		48		50
Assets of discontinued operations		1,458		2,339		9		9		1,449		2,330
Total assets(b)	$	652,252	$	656,285	$	229,418	$	225,901	$	510,447	$	516,829
Liabilities and equity
Short-term borrowings	$	76,121	$	77,890	$	1,547	$	1,841	$	75,102	$	77,298
Accounts payable, principally trade accounts		17,206		16,471		15,718		16,353		7,740		6,549
Progress collections and price adjustments accrued		12,804		13,125		12,817		13,152		-		-
Dividends payable		2,206		2,220		2,206		2,220		-		-
Other GE current liabilities		13,622		13,381		13,622		13,381		-		-
Non-recourse borrowings of consolidated
securitization entities		28,724		30,124		-		-		28,724		30,124
Bank deposits		54,743		53,361		-		-		54,743		53,361
Long-term borrowings		220,992		221,665		14,469		11,515		206,654		210,279
Investment contracts, insurance liabilities
and insurance annuity benefits		27,019		26,544		-		-		27,604		26,979
All other liabilities		59,147		61,057		40,841		40,955		18,773		20,531
Deferred income taxes		381		(275)		(4,575)		(5,061)		4,956		4,786
Liabilities of businesses held for sale		2		6		-		-		2		6
Liabilities of discontinued operations		1,266		3,933		144		143		1,122		3,790
Total liabilities(b)		514,233		519,502		96,789		94,499		425,420		433,703
GECC preferred stock (50,000 shares outstanding
at both March 31, 2014 and December 31, 2013)		-		-		-		-		-		-
Common stock (10,027,765,000 and 10,060,881,000
shares outstanding at March 31, 2014 and
December 31, 2013, respectively)		702		702		702		702		-		-
Accumulated other comprehensive income (loss) – net(c)
Investment securities		764		307		764		307		793		309
Currency translation adjustments		177		126		177		126		(773)		(687)
Cash flow hedges		(189)		(257)		(189)		(257)		(225)		(293)
Benefit plans		(8,601)		(9,296)		(8,601)		(9,296)		(381)		(363)
Other capital		32,544		32,494		32,544		32,494		32,563		32,563
Retained earnings		149,840		149,051		149,840		149,051		52,610		51,165
Less common stock held in treasury		(43,401)		(42,561)		(43,401)		(42,561)		-		-
Total GE shareowners’ equity		131,836		130,566		131,836		130,566		84,587		82,694
Noncontrolling interests(d)		6,183		6,217		793		836		440		432
Total equity		138,019		136,783		132,629		131,402		85,027		83,126
Total liabilities and equity	$	652,252	$	656,285	$	229,418	$	225,901	$	510,447	$	516,829

(a)   Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

(b) Our consolidated assets at March 31, 2014 include total assets of $46,492 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $40,749 million and investment securities of $3,797 million. Our consolidated liabilities at March 31, 2014 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $27,175 million. See Note 16.

(c) The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(7,849) million and $(9,120) million at March 31, 2014 and December 31, 2013, respectively.

(d) Included AOCI attributable to noncontrolling interests of $(180) million at both March 31, 2014 and December 31, 2013.

See accompanying notes. Separate information is shown for "GE" and "Financial Services (GECC)." Transactions between GE and GECC have been eliminated from the "Consolidated" columns.

(6)

General Electric Company and consolidated affiliates

Condensed Statement of Cash Flows

	Three months ended March 31 (Unaudited)
	Consolidated				GE(a)				Financial Services (GECC)
(In millions)	2014		2013		2014		2013		2014		2013
Cash flows – operating activities
Net earnings	$	2,952	$	3,511	$	2,941	$	3,500	$	1,956	$	1,829
Less: net earnings (loss) attributable to noncontrolling    interests		(47)		(16)		(58)		(27)		11		11
Net earnings attributable to the Company		2,999		3,527		2,999		3,527		1,945		1,818
(Earnings) loss from discontinued operations		(12)		120		(12)		120		(12)		120
Adjustments to reconcile net earnings attributable to the
Company to cash provided from operating activities
Depreciation and amortization of property,
plant and equipment		2,275		2,309		659		612		1,616		1,697
Earnings from continuing operations retained by GECC(b)		-		-		(1,433)		(1,938)		-		-
Deferred income taxes		(1,964)		(1,511)		(341)		(1,762)		(1,623)		251
Decrease (increase) in GE current receivables		482		562		(143)		(635)		-		-
Decrease (increase) in inventories		(1,445)		(977)		(1,453)		(963)		13		(1)
Increase (decrease) in accounts payable		1,007		750		165		134		887		614
Increase (decrease) in GE progress collections		(334)		598		(347)		598		-		-
Provision for losses on GECC financing receivables		970		1,457		-		-		970		1,457
All other operating activities		986		(2,124)		1,656		507		(638)		(2,802)
Cash from (used for) operating activities – continuing
operations		4,964		4,711		1,750		200		3,158		3,154
Cash from (used for) operating activities – discontinued
operations		(3)		(101)		-		(2)		(3)		(99)
Cash from (used for) operating activities		4,961		4,610		1,750		198		3,155		3,055
Cash flows – investing activities
Additions to property, plant and equipment		(3,361)		(3,644)		(1,090)		(975)		(2,361)		(2,696)
Dispositions of property, plant and equipment		1,192		829		-		-		1,192		829
Net decrease (increase) in GECC financing receivables		3,169		5,209		-		-		3,983		6,326
Proceeds from sale of discontinued operations		232		-		-		-		232		-
Proceeds from principal business dispositions		20		272		20		111		-		161
Proceeds from sale of equity interest in NBCU LLC		-		16,699		-		16,699		-		-
Net cash from (payments for) principal businesses purchased		(1,454)		6,383		(1,454)		(9)		-		6,392
All other investing activities		2,084		5,654		81		(249)		3,009		6,226
Cash from (used for) investing activities – continuing
operations		1,882		31,402		(2,443)		15,577		6,055		17,238
Cash from (used for) investing activities – discontinued
operations		(90)		83		-		2		(90)		81
Cash from (used for) investing activities		1,792		31,485		(2,443)		15,579		5,965		17,319
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of
90 days or less)		(3,330)		(9,849)		(756)		(529)		(3,750)		(9,457)
Net increase (decrease) in bank deposits		1,175		(3,237)		-		-		1,175		(3,237)
Newly issued debt (maturities longer than 90 days)		8,775		17,521		3,034		92		5,743		17,430
Repayments and other reductions (maturities longer
than 90 days)		(11,601)		(23,465)		(35)		(5,013)		(11,566)		(18,452)
Net dispositions (purchases) of GE shares for treasury		(1,337)		(1,733)		(1,337)		(1,733)		-		-
Dividends paid to shareowners		(2,223)		(1,983)		(2,223)		(1,983)		(500)		-
All other financing activities		46		(195)		37		(29)		9		(166)
Cash from (used for) financing activities – continuing
operations		(8,495)		(22,941)		(1,280)		(9,195)		(8,889)		(13,882)
Cash from (used for) financing activities – discontinued
operations		(6)		(15)		-		-		(6)		(15)
Cash from (used for) financing activities		(8,501)		(22,956)		(1,280)		(9,195)		(8,895)		(13,897)
Effect of currency exchange rate changes on cash
and equivalents		73		(714)		(19)		(17)		92		(697)
Increase (decrease) in cash and equivalents		(1,675)		12,425		(1,992)		6,565		317		5,780
Cash and equivalents at beginning of year		88,787		77,459		13,682		15,509		75,105		62,044
Cash and equivalents at March 31		87,112		89,884		11,690		22,074		75,422		67,824
Less: cash and equivalents of discontinued operations
at March 31		133		158		-		-		133		158
Cash and equivalents of continuing operations
at March 31	$	86,979	$	89,726	$	11,690	$	22,074	$	75,289	$	67,666

(a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

(b) Represents GECC earnings from continuing operations attributable to the Company, net of GECC dividends paid to GE.

See accompanying notes. Separate information is shown for "GE" and "Financial Services (GECC)." Transactions between GE and GECC have been eliminated from the "Consolidated" columns and are discussed in Note 17.

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NOTES TO CONDENSED, CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying condensed, consolidated financial statements represent the consolidation of General Electric Company (the Company) and all companies that we directly or indirectly control, either through majority ownership or otherwise. See Note 1 to the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013 (2013 consolidated financial statements), which discusses our consolidation and financial statement presentation. As used in this report on Form 10-Q (Report), “GE” represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), whose continuing operations are presented on a one-line basis; GECC consists of General Electric Capital Corporation and all of its affiliates; and “Consolidated” represents the adding together of GE and GECC with the effects of transactions between the two eliminated. Unless otherwise indicated, we refer to the caption revenues and other income simply as “revenues” throughout Item 1 of this Form 10-Q.

We have reclassified certain prior-period amounts to conform to the current-period presentation. Unless otherwise indicated, information in these notes to the condensed, consolidated financial statements relates to continuing operations.

Interim Period Presentation

The condensed, consolidated financial statements and notes thereto are unaudited. These statements include all adjustments (consisting of normal recurring accruals) that we considered necessary to present a fair statement of our results of operations, financial position and cash flows. The results reported in these condensed, consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. It is suggested that these condensed, consolidated financial statements be read in conjunction with the financial statements and notes thereto included in our 2013 consolidated financial statements. We label our quarterly information using a calendar convention, that is, first quarter is labeled as ending on March 31, second quarter as ending on June 30, and third quarter as ending on September 30. It is our longstanding practice to establish interim quarterly closing dates using a fiscal calendar, which requires our businesses to close their books on either a Saturday or Sunday, depending on the business. The effects of this practice are modest and only exist within a reporting year. The fiscal closing calendar for 2014 is available on our website, www.ge.com/secreports.

Summary of Significant Accounting Policies

See the Notes in our 2013 consolidated financial statements for a summary of our significant accounting policies.

Accounting Changes

On January 1, 2014, we adopted Accounting Standards Update (ASU) 2013-05, Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity. Under the revised guidance, the entire amount of the cumulative translation adjustment associated with the foreign entity will be released into earnings in the following circumstances: (a) the sale of a subsidiary or group of net assets within a foreign entity that represents a complete or substantially complete liquidation of that entity, (b) the loss of a controlling financial interest in an investment in a foreign entity, or (c) when the accounting for an investment in a foreign entity changes from the equity method to full consolidation. The revised guidance applies prospectively to transactions or events occurring on or after January 1, 2014.

On January 1, 2014, we adopted ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. Under the new guidance, an unrecognized tax benefit is required to be presented as a reduction to a deferred tax asset if the disallowance of the tax position would reduce the available tax loss or tax credit carryforward instead of resulting in a cash tax liability. The ASU applies prospectively to all unrecognized tax benefits that exist as of the adoption date and reduced both deferred tax assets and income tax liabilities by $1,224 million as of January 1, 2014.

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2. ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS

Assets and Liabilities of Businesses Held for Sale

In the first quarter of 2013, we committed to sell certain of our machining & fabrication businesses at Aviation and our Consumer auto and personal loan business in Portugal. We completed the sale of our machining & fabrication business on December 2, 2013 for proceeds of $108 million. We completed the sale of our Consumer auto and personal loan business in Portugal on July 15, 2013 for proceeds of $83 million.

NBCU

On March 19, 2013, we closed a transaction to sell our remaining 49% common equity interest in NBCUniversal LLC (NBCU LLC) to Comcast Corporation (Comcast) for total consideration of $16,722 million, consisting of $11,997 million in cash, $4,000 million in Comcast guaranteed debt and $725 million in preferred stock. The $4,000 million of debt and the $725 million of preferred shares were both issued by a wholly-owned subsidiary of Comcast. During the three months ended March 31, 2013, both of these instruments were sold at approximately par value. In addition, Comcast is obligated to share with us potential tax savings associated with Comcast’s purchase of our NBCU LLC interest, if realized. We did not recognize these potential future payments as consideration for the sale, but are recording  such payments in income as they are received. GECC also sold real estate comprising certain floors located at 30 Rockefeller Center, New York and the CNBC property located in Englewood Cliffs, New Jersey to affiliates of NBCU LLC for $1,430 million in cash.

As a result of the transactions, we recognized pre-tax gains of $1,096 million ($825 million after tax) on the sale of our 49% common equity interest in NBCU LLC and $921 million ($564 million after tax) on the sale of GECC’s real estate properties.

Discontinued Operations

Discontinued operations primarily comprised GE Money Japan (our Japanese personal loan business, Lake, and our Japanese mortgage and card businesses, excluding our investment in GE Nissen Credit Co., Ltd.), our U.S. mortgage business (WMC), our Commercial Lending and Leasing (CLL) trailer services business in Europe (CLL Trailer Services) and our Consumer banking business in Russia (Consumer Russia). Results of operations, financial position and cash flows for these businesses are separately reported as discontinued operations for all periods presented.

Financial Information for Discontinued Operations

	Three months ended March 31
(In millions)		2014		2013
Operations
Total revenues and other income (loss)	$	29	$	54
Earnings (loss) from discontinued operations
before income taxes	$	(14)	$	(142)
Benefit (provision) for income taxes		7		124
Earnings (loss) from discontinued operations,
net of taxes	$	(7)	$	(18)
Disposal
Gain (loss) on disposal before income taxes	$	18	$	(187)
Benefit (provision) for income taxes		1		85
Gain (loss) on disposal, net of taxes	$	19	$	(102)
Earnings (loss) from discontinued operations,
net of taxes(a)	$	12	$	(120)

(a) The sum of GE industrial earnings (loss) from discontinued operations, net of taxes, and GECC earnings (loss) from discontinued operations, net of taxes, is reported as GE earnings (loss) from discontinued operations, net of taxes, on the Condensed Statement of Earnings.

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(In millions)	March 31, 2014		December 31, 2013
Assets
Cash and equivalents	$	133	$	232
Financing receivables – net		1		711
Other		1,324		1,396
Assets of discontinued operations	$	1,458	$	2,339
Liabilities
Deferred income taxes	$	258	$	248
Other		1,008		3,685
Liabilities of discontinued operations	$	1,266	$	3,933

Other assets at March 31, 2014 and December 31, 2013 primarily comprised a deferred tax asset for a loss carryforward, which expires principally in 2017 and in part in 2019, related to the sale of our GE Money Japan business.

GE Money Japan

During the third quarter of 2008, we completed the sale of GE Money Japan, which included our Japanese personal loan business. Under the terms of the sale, we reduced the proceeds from the sale for estimated refund claims in excess of the statutory interest rate. Proceeds from the sale were to be increased or decreased based on the actual claims experienced in accordance with loss-sharing terms specified in the sale agreement, with all claims in excess of 258 billion Japanese yen (approximately $3,000 million) remaining our responsibility. On February 26, 2014, we reached an agreement with the buyer to pay 175 billion Japanese yen (approximately $1,700 million) to extinguish this obligation. Our reserve for refund claims decreased from $1,836 million at December 31, 2013 to $56 million at March 31, 2014, reflecting payment in March 2014 of the amount required by the February 26, 2014 agreement. The $56 million liability reflects the final remaining amount payable under the February 26, 2014 agreement.

GE Money Japan earnings (loss) from discontinued operations, net of taxes, were $(1) million and $(51) million in the three months ended March 31, 2014 and 2013, respectively.

WMC

During the fourth quarter of 2007, we completed the sale of WMC, our U.S. mortgage business. WMC substantially discontinued all new loan originations by the second quarter of 2007, and is not a loan servicer. In connection with the sale, WMC retained certain representation and warranty obligations related to loans sold to third parties prior to the disposal of the business and contractual obligations to repurchase previously sold loans that had an early payment default. All claims received by WMC for early payment default have either been resolved or are no longer being pursued.

The remaining active claims have been brought by securitization trustees or administrators seeking recovery from WMC for alleged breaches of representations and warranties on mortgage loans that serve as collateral for residential mortgage-backed securities (RMBS). At March 31, 2014, such claims consisted of $4,466 million of individual claims generally submitted before the filing of a lawsuit (compared to $5,643 million at December 31, 2013) and $6,989 million of additional claims asserted against WMC in litigation without making a prior claim (Litigation Claims) (compared to $6,780 at December 31, 2013). The total amount of these claims, $11,455 million, reflects the purchase price or unpaid principal balances of the loans at the time of purchase and does not give effect to pay downs or potential recoveries based upon the underlying collateral, which in many cases are substantial, nor to accrued interest or fees. As of March 31, 2014, these amounts do not include approximately $700 million of repurchase claims relating to alleged breaches of representations that are not in litigation and that are beyond the applicable statute of limitations. WMC believes that repurchase claims brought based upon representations and warranties made more than six years before WMC was notified of the claim would be disallowed in legal proceedings under applicable statutes of limitations.

(10)

Reserves related to repurchase claims made against WMC were $550 million at March 31, 2014, reflecting a net decrease to reserves in the quarter ended March 31, 2014 of $250 million due to settlement activity. The reserve estimate takes into account recent settlement activity that reduced WMC's exposure on certain claims and is based upon WMC’s evaluation of the remaining exposures as a percentage of estimated mortgage loan losses within the pool of loans supporting each securitization.  Recent settlements reduced WMC’s exposure on claims asserted in certain securitizations and the claim amounts reported above give effect to these settlements.

Rollforward of the Reserve

	Three months ended March 31
(In millions)		2014		2013
Balance, beginning of period	$	800	$	633
Provision		-		107
Claim resolutions		(250)		-
Balance, end of period	$	550	$	740

Given the significant recent claim and related litigation activity and WMC’s continuing efforts to resolve the lawsuits involving claims made against WMC, it is difficult to assess whether future losses will be consistent with WMC’s past experience. Adverse changes to WMC’s assumptions supporting the reserve may result in an increase to these reserves. Taking into account both recent settlement activity and the potential variability of settlements, WMC estimates a range of reasonably possible loss from $0 to approximately $500 million over its recorded reserve at March 31, 2014. This estimate excludes any possible loss associated with an adverse court decision on the applicable statute of limitations, as WMC is unable at this time to develop such a meaningful estimate.

At March 31, 2014, there were 14 lawsuits involving claims made against WMC arising from alleged breaches of representations and warranties on mortgage loans included in 13 securitizations. The adverse parties in these cases are securitization trustees or parties claiming to act on their behalf. Although the alleged claims for relief vary from case to case, the complaints and counterclaims in these actions generally assert claims for breach of contract, indemnification, and/or declaratory judgment, and seek specific performance (repurchase of defective mortgage loan) and/or money damages. Adverse court decisions, including in cases not involving WMC, could result in new claims and lawsuits on additional loans. However, WMC continues to believe that it has defenses to the claims asserted in litigation, including, for example, based on causation and materiality requirements and applicable statutes of limitations. It is not possible to predict the outcome or impact of these defenses and other factors, any of which could materially affect the amount of any loss ultimately incurred by WMC on these claims.

WMC has also received indemnification demands, nearly all of which are unspecified, from depositors/underwriters/sponsors of RMBS in connection with lawsuits brought by RMBS investors concerning alleged misrepresentations in the securitization offering documents to which WMC is not a party. WMC believes that it has defenses to these demands.

To the extent WMC is required to repurchase loans, WMC’s loss also would be affected by several factors, including pay downs, accrued interest and fees, and the value of the underlying collateral. The reserve and estimate of possible loss reflect judgment, based on currently available information, and a number of assumptions, including economic conditions, claim and settlement activity, pending and threatened litigation, court decisions regarding WMC’s legal defenses, indemnification demands, government activity, and other variables in the mortgage industry. Actual losses arising from claims against WMC could exceed these amounts and additional claims and lawsuits could result if actual claim rates, governmental actions, litigation and indemnification activity, adverse court decisions, actual settlement rates or losses WMC incurs on repurchased loans differ from its assumptions.

WMC revenues and other income (loss) from discontinued operations were $4 million and $(107) million in the three months ended March 31, 2014 and 2013, respectively. WMC earnings (loss) from discontinued operations, net of taxes, were $(2) million and $(71) million in the three months ended March 31, 2014 and 2013, respectively.

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Other Financial Services

In the fourth quarter of 2013, we announced the planned disposition of Consumer Russia and classified the business as discontinued operations. At that time, we recorded a $170 million loss on the planned disposal. We completed the sale in the first quarter of 2014 for proceeds of $232 million. Consumer Russia revenues and other income (loss) from discontinued operations were $24 million and $67 million in the three months ended March 31, 2014 and 2013, respectively. Consumer Russia earnings (loss) from discontinued operations, net of taxes, were $1 million (including a $4 million gain on disposal) and $(11) million in the three months ended March 31, 2014 and 2013, respectively.

In the first quarter of 2013, we announced the planned disposition of CLL Trailer Services and classified the business as discontinued operations. We completed the sale in the fourth quarter of 2013 for proceeds of $528 million. CLL Trailer Services revenues and other income (loss) from discontinued operations were $1 million and $93 million in the three months ended March 31, 2014 and 2013, respectively. CLL Trailer Services earnings (loss) from discontinued operations, net of taxes, were $13 million and $14 million in the three months ended March 31, 2014 and 2013, respectively.

3. INVESTMENT SECURITIES

Substantially all of our investment securities are classified as available-for-sale. These comprise mainly investment-grade debt securities supporting obligations to annuitants, policyholders in our run-off insurance operations and supporting obligations to holders of guaranteed investment contracts (GICs) in Trinity and investments held in our CLL business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries. We do not have any securities classified as held-to-maturity.

	March 31, 2014								December 31, 2013
			Gross		Gross						Gross		Gross
	Amortized		unrealized		unrealized		Estimated		Amortized		unrealized		unrealized		Estimated
(In millions)	cost		gains		losses		fair value		cost		gains		losses		fair value
GE
Debt
U.S. corporate	$	22	$	11	$	-	$	33	$	21	$	14	$	-	$	35
Corporate – non-U.S.		13		-		-		13		13		-		(1)		12
Equity
Available-for-sale		301		9		(70)		240		302		9		(41)		270
Trading		-		-		-		-		6		-		-		6
		336		20		(70)		286		342		23		(42)		323
GECC
Debt
U.S. corporate		19,711		3,088		(138)		22,661		19,600		2,323		(217)		21,706
State and municipal		5,115		409		(130)		5,394		4,245		235		(191)		4,289
Residential mortgage-
backed(a)		1,770		143		(39)		1,874		1,819		139		(48)		1,910
Commercial mortgage-backed		2,986		198		(61)		3,123		2,929		188		(82)		3,035
Asset-backed		7,347		32		(41)		7,338		7,373		60		(46)		7,387
Corporate – non-U.S.		1,716		137		(64)		1,789		1,741		103		(86)		1,758
Government – non-U.S.		2,058		103		(3)		2,158		2,336		81		(7)		2,410
U.S. government and federal
agency		707		48		(18)		737		752		45		(27)		770
Retained interests		64		11		-		75		64		8		-		72
Equity
Available-for-sale		195		46		(8)		233		203		51		(3)		251
Trading		68		-		-		68		74		-		-		74
		41,737		4,215		(502)		45,450		41,136		3,233		(707)		43,662
Eliminations		(3)		-		-		(3)		(4)		-		-		(4)
Total	$	42,070	$	4,235	$	(572)	$	45,733	$	41,474	$	3,256	$	(749)	$	43,981

(a) Substantially collateralized by U.S. mortgages. At March 31, 2014, $1,225 million relates to securities issued by government-sponsored entities and $649 million relates to securities of private-label issuers. Securities issued by private-label issuers are collateralized primarily by pools of individual direct mortgage loans of financial institutions.

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Estimated Fair Value and Gross Unrealized Losses of Available-for-Sale Investment Securities

	In loss position for
	Less than 12 months					12 months or more
				Gross				Gross
	Estimated			unrealized		Estimated		unrealized
(In millions)	fair value		(a)	losses(a)(b)		fair value		losses(b)
March 31, 2014
Debt
U.S. corporate	$	1,578		$	(63)	$	563	$	(75)
State and municipal		942			(37)		347		(93)
Residential mortgage-backed		187			(6)		430		(33)
Commercial mortgage-backed		254			(11)		803		(50)
Asset-backed		101			(1)		294		(40)
Corporate – non-U.S.		56			(1)		430		(63)
Government – non-U.S.		1,098			(3)		52		-
U.S. government and federal agency		238			(18)		-		-
Retained interests		1			-		1		-
Equity		250			(78)		-		-
Total	$	4,705		$	(218)	$	2,920	$	(354)	(c)
December 31, 2013
Debt
U.S. corporate	$	2,170		$	(122)	$	598	$	(95)
State and municipal		1,076			(82)		367		(109)
Residential mortgage-backed		232			(11)		430		(37)
Commercial mortgage-backed		396			(24)		780		(58)
Asset-backed		112			(2)		359		(44)
Corporate – non-U.S.		108			(4)		454		(83)
Government – non-U.S.		1,479			(6)		42		(1)
U.S. government and federal agency		229			(27)		254		-
Retained interests		2			-		-		-
Equity		253			(44)		-		-
Total	$	6,057		$	(322)	$	3,284	$	(427)

(a) Includes the estimated fair value of and gross unrealized losses on Corporate-non-U.S. and Equity securities held by GE. At March 31, 2014, the estimated fair value of and gross unrealized losses on Corporate-non-U.S. securities were $13 million and an insignificant amount, respectively. The estimated fair value of and gross unrealized losses on Equity securities were $210 million and $(70) million, respectively. At December 31, 2013, the estimated fair value of and gross unrealized losses on Corporate-non-U.S. securities were $12 million and $(1) million, respectively. The estimated fair value of and gross unrealized losses on Equity securities were $222 million and $(41) million, respectively.

(b) Includes gross unrealized losses related to securities that had other-than-temporary impairments previously recognized of $(85) million at March 31, 2014.

(c) The majority relate to debt securities held to support obligations to holders of GICs and more than 70% are debt securities that were considered to be investment-grade by the major rating agencies at March 31, 2014.

We regularly review investment securities for other-than-temporary impairment (OTTI) using both qualitative and quantitative criteria. For debt securities, our qualitative review considers our ability and intent to hold the security and the financial condition of and near-term prospects for the issuer, including whether the issuer is in compliance with the terms and covenants of the security. Our quantitative review considers whether there has been an adverse change in expected future cash flows. Unrealized losses are not indicative of the amount of credit loss that would be recognized and at March 31, 2014 are primarily due to increases in market yields subsequent to our purchase of the securities. We presently do not intend to sell the vast majority of our debt securities that are in an unrealized loss position and believe that it is not more likely than not that we will be required to sell the vast majority of these securities before anticipated recovery of our amortized cost. The methodologies and significant inputs used to measure the amount of credit loss for our investment securities during the three months ended March 31, 2014 have not changed. For equity securities, we consider the duration and the severity of the unrealized loss. We believe that the unrealized loss associated with our equity securities will be recovered within the foreseeable future.

Our corporate debt portfolio comprises securities issued by public and private corporations in various industries, primarily in the U.S. Substantially all of our corporate debt securities are rated investment grade by the major rating agencies.

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Our RMBS portfolio is collateralized primarily by pools of individual, direct mortgage loans, of which substantially all are in a senior position in the capital structure of the deals, not other structured products such as collateralized debt obligations. Of the total RMBS held at March 31, 2014, $1,225 million and $649 million related to agency and non-agency securities, respectively.  Additionally, $355 million was related to residential subprime credit securities, primarily supporting our guaranteed investment contracts. Substantially all of the subprime exposure is related to securities backed by mortgage loans originated in 2006 and prior. A majority of subprime RMBS have been downgraded to below investment grade and are insured by Monoline insurers (Monolines). We continue to place partial reliance on Monolines with adequate capital and claims paying resources depending on the extent of the Monoline’s anticipated ability to cover expected credit losses.

Our commercial mortgage-backed securities (CMBS) portfolio is collateralized by both diversified pools of mortgages that were originated for securitization (conduit CMBS) and pools of large loans backed by high-quality properties (large loan CMBS), a majority of which were originated in 2007 and prior. The vast majority of the securities in our CMBS portfolio have investment-grade credit ratings.

Our asset-backed securities (ABS) portfolio is collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries, as well as a variety of diversified pools of assets such as student loans and credit cards. The vast majority of the securities in our ABS portfolio are in a senior position in the capital structure of the deals.

Pre-tax, Other-Than-Temporary Impairments on Investment Securities
	Three months ended March 31
(In millions)	2014		2013
Total pre-tax, OTTI recognized	$	38	$	302
Less: pre-tax, OTTI recognized in AOCI		(4)		(11)
Pre-tax, OTTI recognized in earnings(a)	$	34	$	291

(a) Included pre-tax, other-than-temporary impairments recorded in earnings related to equity securities of $1 million during both the three months ended March 31, 2014 and 2013.

Changes in Cumulative Credit Loss Impairments Recognized on Debt Securities Still Held
	Three months ended March 31
(In millions)	2014		2013
Cumulative credit loss impairments recognized,
beginning of period	$	1,192	$	588
Credit loss impairments recognized on securities
not previously impaired		-		263
Incremental credit loss impairments recognized
on securities previously impaired		29		12
Less: credit loss impairments previously
recognized on securities sold during the period		(51)		(1)
Cumulative credit loss impairments recognized,
end of period	$	1,170	$	862

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Contractual Maturities of Investment in Available-for-Sale Debt Securities (Excluding Mortgage-Backed and Asset-Backed Securities)
	Amortized		Estimated
(In millions)	cost		fair value
Due
Within one year	$	1,870	$	1,887
After one year through five years		3,633		3,896
After five years through ten years		5,349		5,641
After ten years		18,490		21,361

We expect actual maturities to differ from contractual maturities because borrowers have the right to call or prepay certain obligations.

Gross Realized Gains and Losses on Available-for-Sale Investment Securities

	Three months ended March 31
(In millions)	2014		2013
GE
Gains	$	-	$	1
Losses, including impairments		-		(13)
Net		-		(12)
GECC
Gains		19		62
Losses, including impairments		(36)		(278)
Net		(17)		(216)
Total	$	(17)	$	(228)

Although we generally do not have the intent to sell any specific securities at the end of the period, in the ordinary course of managing our investment securities portfolio, we may sell securities prior to their maturities for a variety of reasons, including diversification, credit quality, yield and liquidity requirements and the funding of claims and obligations to policyholders. In some of our bank subsidiaries, we maintain a certain level of purchases and sales volume principally of non-U.S. government debt securities. In these situations, fair value approximates carrying value for these securities.

Proceeds from investment securities sales and early redemptions by issuers totaled $1,349 million for the three months ended March 31, 2014, principally from sales of short-term government securities in our bank subsidiaries and Treasury operations and redemptions of non–U.S. corporate and asset-backed securities in our CLL business.

Proceeds from investment securities sales and early redemptions by issuers totaled $7,654 million for the three months ended March 31, 2013, principally from the sale of Comcast guaranteed debt, sales of short-term securities in our bank subsidiaries and Treasury operations and redemptions of non–U.S. corporate and asset-backed securities in our CLL business.

We recognized pre-tax gains (losses) on trading securities of $(5) million and $42 million in the three months ended March 31, 2014 and 2013, respectively.

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4. INVENTORIES

(In millions)	March 31, 2014		December 31, 2013
Raw materials and work in process	$	10,447	$	10,220
Finished goods		7,911		6,794
Unbilled shipments		766		584
		19,124		17,598
Less revaluation to LIFO		(243)		(273)
Total	$	18,881	$	17,325

5. GECC FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES

(In millions)	March 31, 2014		December 31, 2013
Loans, net of deferred income(a)	$	226,135	$	231,268
Investment in financing leases, net of deferred income		26,251		26,939
		252,386		258,207
Allowance for losses		(5,144)		(5,178)
Financing receivables – net(b)	$	247,242	$	253,029

(a)   Deferred income was $1,714 million and $2,013 million at March 31, 2014 and December 31, 2013, respectively.

(b)   Financing receivables at March 31, 2014 and December 31, 2013 included $532 million and $544 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination.

Financing Receivables by Portfolio and Allowance for Losses

During the first quarter of 2014, we combined our CLL Europe and CLL Asia portfolios into CLL International and we transferred our CLL Other portfolio to the CLL Americas portfolio. Prior-period amounts were reclassified to conform to the current-period presentation. 

(In millions)	March 31, 2014		December 31, 2013
Commercial
CLL
Americas	$	68,367	$	69,036
International		46,208		47,431
Total CLL		114,575		116,467
Energy Financial Services		2,753		3,107
GE Capital Aviation Services (GECAS)		8,851		9,377
Other		139		318
Total Commercial		126,318		129,269
Real Estate		20,236		19,899
Consumer
Non-U.S. residential mortgages		30,355		30,501
Non-U.S. installment and revolving credit		13,715		13,677
U.S. installment and revolving credit		52,887		55,854
Non-U.S. auto		1,957		2,054
Other		6,918		6,953
Total Consumer		105,832		109,039
Total financing receivables		252,386		258,207
Allowance for losses		(5,144)		(5,178)
Total financing receivables – net	$	247,242	$	253,029

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Allowance for Losses on Financing Receivables
			Provision
	Balance at		charged to					Gross						Balance at
(In millions)	January 1		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	March 31
2014
Commercial
CLL
Americas	$	473	$	84	$	(1)		$	(156)		$	19		$	419
International		505		18		2			(100)			24			449
Total CLL		978		102		1			(256)			43			868
Energy Financial Services		8		9		-			(2)			1			16
GECAS		17		8		-			-			-			25
Other		2		-		(2)			-			-			-
Total Commercial		1,005		119		(1)			(258)			44			909
Real Estate		192		(15)		2			(6)			2			175
Consumer
Non-U.S. residential mortgages		358		10		5			(46)			9			336
Non-U.S. installment and
revolving credit		594		71		8			(189)			104			588
U.S. installment and
revolving credit		2,823		752		18			(785)			139			2,947
Non-U.S. auto		56		12		2			(23)			14			61
Other		150		21		(17)			(40)			14			128
Total Consumer		3,981		866		16			(1,083)			280			4,060
Total	$	5,178	$	970	$	17		$	(1,347)		$	326		$	5,144
2013
Commercial
CLL
Americas	$	496	$	71	$	(1)		$	(103)		$	30		$	493
International		525		94		(10)			(150)			24			483
Total CLL		1,021		165		(11)			(253)			54			976
Energy Financial Services		9		(1)		-			-			-			8
GECAS		8		(1)		-			-			-			7
Other		3		-		-			(1)			-			2
Total Commercial		1,041		163		(11)			(254)			54			993
Real Estate		320		(20)		(6)			(29)			-			265
Consumer
Non-U.S. residential mortgages		480		56		(17)			(55)			12			476
Non-U.S. installment and
revolving credit		582		180		(14)			(231)			140			657
U.S. installment and
revolving credit		2,282		1,014		(50)			(744)			163			2,665
Non-U.S. auto		67		17		(5)			(30)			17			66
Other		172		47		7			(52)			7			181
Total Consumer		3,583		1,314		(79)			(1,112)			339			4,045
Total	$	4,944	$	1,457	$	(96)		$	(1,395)		$	393		$	5,303

(a)   Other primarily includes the effects of currency exchange.

(b)   Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

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Credit Quality Indicators

We provide further detailed information about the credit quality of our Commercial, Real Estate and Consumer financing receivables portfolios. For each portfolio, we describe the characteristics of the financing receivables and provide information about collateral, payment performance, credit quality indicators, and impairment. We manage these portfolios using delinquency and nonaccrual data as key performance indicators. The categories used within this section such as impaired loans, troubled debt restructuring (TDR) and nonaccrual financing receivables are defined by the authoritative guidance and we base our categorization on the related scope and definitions contained in the related standards. The categories of nonaccrual and delinquent are used in our process for managing our financing receivables.

Past Due and Nonaccrual Financing Receivables

		March 31, 2014									December 31, 2013
		Over 30 days			Over 90 days						Over 30 days			Over 90 days
		past due			past due		Nonaccrual				past due			past due		Nonaccrual
Commercial
CLL
Americas	$	713		$	390		$	1,239		$	755		$	359		$	1,275
International		1,743			946			1,415			1,490			820			1,459
Total CLL		2,456			1,336			2,654			2,245			1,179			2,734
Energy Financial Services		-			-			43			-			-			4
GECAS		1			-			275			-			-			-
Other		-			-			-			-			-			6
Total Commercial		2,457			1,336			2,972	(a)		2,245			1,179			2,744	(a)
Real Estate		263			207			2,383	(b)		247			212			2,551	(b)
Consumer
Non-U.S. residential mortgages		3,130			2,082			2,140			3,406			2,104			2,161
Non-U.S. installment and revolving credit		533			152			73			512			146			88
U.S. installment and revolving credit		2,169			1,028			2			2,442			1,105			2
Non-U.S. auto		93			12			16			89			13			18
Other		165			89			335			172			99			351
Total Consumer		6,090			3,363	(c)		2,566	(d)		6,621			3,467	(c)		2,620	(d)
Total	$	8,810		$	4,906		$	7,921		$	9,113		$	4,858		$	7,915
Total as a percent of financing receivables		3.5	%		1.9	%		3.1	%		3.5	%		1.9	%		3.1	%

(a)   Includes $1,596 million and $1,397 million at March 31, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.

(b)   Includes $2,127 million and $2,308 million at March 31, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.

(c)   Includes $1,150 million and $1,197 million of Consumer loans at March 31, 2014 and December 31, 2013, respectively, that are over 90 days past due and continue to accrue interest until the accounts are written off in the period that the account becomes 180 days past due.

(d)   Includes $311 million and $323 million at March 31, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.

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Impaired Loans and Related Reserves

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment		investment		principal		Associated		investment
(In millions)	in loans		balance		in loans		in loans		balance		allowance		in loans
March 31, 2014
Commercial
CLL
Americas	$	1,792	$	2,385	$	1,731	$	257	$	354	$	49	$	337
International(a)		1,214		2,072		1,159		602		918		169		647
Total CLL		3,006		4,457		2,890		859		1,272		218		984
Energy Financial Services		18		18		9		26		26		3		15
GECAS		-		-		-		65		65		8		32
Other		-		-		1		-		-		-		2
Total Commercial(b)		3,024		4,475		2,900		950		1,363		229		1,033
Real Estate(c)		2,925		3,448		2,770		737		871		53		991
Consumer(d)		132		169		120		2,836		2,854		560		2,857
Total	$	6,081	$	8,092	$	5,790	$	4,523	$	5,088	$	842	$	4,881
December 31, 2013
Commercial
CLL
Americas	$	1,670	$	2,187	$	2,154	$	417	$	505	$	96	$	509
International(a)		1,104		1,938		1,136		691		1,046		231		629
Total CLL		2,774		4,125		3,290		1,108		1,551		327		1,138
Energy Financial Services		-		-		-		4		4		1		2
GECAS		-		-		-		-		-		-		1
Other		2		3		9		4		4		-		5
Total Commercial(b)		2,776		4,128		3,299		1,116		1,559		328		1,146
Real Estate(c)		2,615		3,036		3,058		1,245		1,507		74		1,688
Consumer(d)		109		153		98		2,879		2,948		567		3,058
Total	$	5,500	$	7,317	$	6,455	$	5,240	$	6,014	$	969	$	5,892

(a)   Write-offs to net realizable value are recognized against the allowance for losses primarily in the reporting period in which management has deemed all or a portion of the financing receivable to be uncollectible, but not later than 360 days after initial recognition of a specific reserve for a collateral dependent loan. However, in accordance with regulatory standards that are applicable in Italy, commercial loans are considered uncollectible when there is demonstrable evidence of the debtor’s insolvency, which may result in write-offs occurring beyond 360 days after initial recognition of a specific reserve.

(b)   We recognized $57 million, $218 million and $53 million of interest income, including none, $60 million and $16 million on a cash basis, in the three months ended March 31, 2014, the year ended December 31, 2013 and the three months ended March 31, 2013, respectively, principally in our CLL Americas business. The total average investment in impaired loans for the three months ended March 31, 2014 and the year ended December 31, 2013 was $3,933 million and $4,445 million, respectively.

(c)   We recognized $19 million, $187 million and $57 million of interest income, including none, $135 million and $44 million on a cash basis, in the three months ended March 31, 2014, the year ended December 31, 2013 and the three months ended March 31, 2013, respectively. The total average investment in impaired loans for the three months ended March 31, 2014 and the year ended December 31, 2013 was $3,761 million and $4,746 million, respectively.

(d)   We recognized $46 million, $221 million and $57 million of interest income, including an insignificant amount, $3 million and $1 million on a cash basis, in the three months ended March 31, 2014, the year ended December 31, 2013 and the three months ended March 31, 2013, respectively, principally in our Consumer-U.S. installment and revolving credit portfolios. The total average investment in impaired loans for the three months ended March 31, 2014 and the year ended December 31, 2013 was $2,977 million and $3,156 million, respectively.

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(In millions)	Non-impaired financing receivables		General reserves		Impaired loans		Specific reserves
March 31, 2014
Commercial	$	122,344	$	680	$	3,974	$	229
Real Estate		16,574		122		3,662		53
Consumer		102,864		3,500		2,968		560
Total	$	241,782	$	4,302	$	10,604	$	842
December 31, 2013
Commercial	$	125,377	$	677	$	3,892	$	328
Real Estate		16,039		118		3,860		74
Consumer		106,051		3,414		2,988		567
Total	$	247,467	$	4,209	$	10,740	$	969

Impaired loans classified as TDRs in our CLL business were $2,916 million and $2,961 million at March 31, 2014 and December 31, 2013, respectively, and were primarily attributable to CLL Americas ($1,676 million and $1,770 million, respectively). For the three months ended March 31, 2014, we modified $295 million of loans classified as TDRs, primarily in CLL Americas ($176 million). Changes to these loans primarily included extensions, interest only payment periods, debt to equity exchange and forbearance or other actions, which are in addition to, or sometimes in lieu of, fees and rate increases. Of our $1,391 million and $2,555 million of modifications classified as TDRs in the twelve months ended March 31, 2014 and 2013, respectively, $19 million and $44 million have subsequently experienced a payment default in thethree months ended March 31, 2014 and 2013, respectively.

Real Estate TDRs decreased from $3,625 million at December 31, 2013 to $3,470 million at March 31, 2014, primarily driven by resolution of TDRs through paydowns. We deem loan modifications to be TDRs when we have granted a concession to a borrower experiencing financial difficulty and we do not receive adequate compensation in the form of an effective interest rate that is at current market rates of interest given the risk characteristics of the loan or other consideration that compensates us for the value of the concession. The limited liquidity and higher return requirements in the real estate market for loans with higher loan-to-value (LTV) ratios has typically resulted in the conclusion that the modified terms are not at current market rates of interest, even if the modified loans are expected to be fully recoverable. For the three months ended March 31, 2014, we modified $369 million of loans classified as TDRs. Changes to these loans primarily included forbearance, maturity extensions and changes to collateral or covenant terms or other actions, which are in addition to, or sometimes in lieu of, fees and rate increases. Of our $1,636 million and $3,611 million of modifications classified as TDRs in the twelve months ended March 31, 2014 and 2013, respectively, $20 million and $174 million have subsequently experienced a payment default in the three months ended March 31, 2014 and 2013, respectively.

Impaired loans in our Consumer business represent restructured smaller balance homogeneous loans meeting the definition of a TDR, and are therefore subject to the disclosure requirement for impaired loans, and commercial loans in our Consumer–Other portfolio. The recorded investment of these impaired loans totaled $2,968 million (with an unpaid principal balance of $3,023 million) and comprised $132 million with no specific allowance, primarily all in our Consumer–Other portfolio, and $2,836 million with a specific allowance of $560 million at March 31, 2014. The impaired loans with a specific allowance included $239 million with a specific allowance of $33 million in our Consumer–Other portfolio and $2,597 million with a specific allowance of $527 million across the remaining Consumer business and had an unpaid principal balance and average investment of $2,854 million and $2,857 million, respectively, at March 31, 2014.

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Impaired loans classified as TDRs in our Consumer business were $2,839 million and $2,874 million at March 31, 2014 and December 31, 2013, respectively. We utilize certain loan modification programs for borrowers experiencing financial difficulties in our Consumer loan portfolio. These loan modification programs primarily include interest rate reductions and payment deferrals in excess of three months, which were not part of the terms of the original contract, and are primarily concentrated in our non-U.S. residential mortgage and U.S. credit card portfolios. For the three months ended March 31, 2014, we modified $296 million of consumer loans for borrowers experiencing financial difficulties, which are classified as TDRs, and included $179 million of non-U.S. consumer loans, primarily residential mortgages, credit cards and personal loans and $117 million of U.S. consumer loans, primarily credit cards. We expect borrowers whose loans have been modified under these programs to continue to be able to meet their contractual obligations upon the conclusion of the modification. Of our $1,339 million and $1,647 million of modifications classified as TDRs in the twelve months ended March 31, 2014 and 2013, respectively, $57 million and $100 million have subsequently experienced a payment default in the three months ended March 31, 2014 and 2013, respectively.

Supplemental Credit Quality Information

Commercial

Substantially all of our Commercial financing receivables portfolio is secured lending and we assess the overall quality of the portfolio based on the potential risk of loss measure. The metric incorporates both the borrower’s credit quality along with any related collateral protection.

Our internal risk ratings process is an important source of information in determining our allowance for losses and represents a comprehensive, statistically validated approach to evaluate risk in our financing receivables portfolios. In deriving our internal risk ratings, we stratify our Commercial portfolios into 21 categories of default risk and/or six categories of loss given default to group into three categories: A, B and C. Our process starts by developing an internal risk rating for our borrowers, which is based upon our proprietary models using data derived from borrower financial statements, agency ratings, payment history information, equity prices and other commercial borrower characteristics. We then evaluate the potential risk of loss for the specific lending transaction in the event of borrower default, which takes into account such factors as applicable collateral value, historical loss and recovery rates for similar transactions, and our collection capabilities. Our internal risk ratings process and the models we use are subject to regular monitoring and validation controls. The frequency of rating updates is set by our credit risk policy, which requires annual Risk Committee approval. The models are updated on a regular basis and statistically validated annually, or more frequently as circumstances warrant.

As described above, financing receivables are assigned one of 21 risk ratings based on our process and then these are grouped by similar characteristics into three categories in the table below. Category A is characterized by either high-credit-quality borrowers or transactions with significant collateral coverage that substantially reduces or eliminates the risk of loss in the event of borrower default. Category B is characterized by borrowers with weaker credit quality than those in Category A, or transactions with moderately strong collateral coverage that minimizes but may not fully mitigate the risk of loss in the event of default. Category C is characterized by borrowers with higher levels of default risk relative to our overall portfolio or transactions where collateral coverage may not fully mitigate a loss in the event of default.

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Commercial Financing Receivables Risk by Category
	Secured
(In millions)	A		B		C		Total
March 31, 2014
CLL
Americas	$	65,126	$	1,348	$	1,538	$	68,012
International		43,537		565		1,439		45,541
Total CLL		108,663		1,913		2,977		113,553
Energy Financial Services		2,616		62		44		2,722
GECAS		8,582		55		214		8,851
Other		139		-		-		139
Total	$	120,000	$	2,030	$	3,235	$	125,265
December 31, 2013
CLL
Americas	$	65,545	$	1,587	$	1,554	$	68,686
International		44,930		619		1,237		46,786
Total CLL		110,475		2,206		2,791		115,472
Energy Financial Services		2,969		9		-		2,978
GECAS		9,175		50		152		9,377
Other		318		-		-		318
Total	$	122,937	$	2,265	$	2,943	$	128,145

For our secured financing receivables portfolio, our collateral position and ability to work out problem accounts mitigates our losses. Our asset managers have deep industry expertise that enables us to identify the optimum approach to default situations. We price risk premiums for weaker credits at origination, closely monitor changes in creditworthiness through our risk ratings and watch list process, and are engaged early with deteriorating credits to minimize economic loss. Secured financing receivables within risk Category C are predominantly in our CLL businesses and are primarily composed of senior term lending facilities and factoring programs secured by various asset types including inventory, accounts receivable, cash, equipment and related business facilities as well as franchise finance activities secured by underlying equipment.

Loans within Category C are reviewed and monitored regularly, and classified as impaired when it is probable that they will not pay in accordance with contractual terms. Our internal risk rating process identifies credits warranting closer monitoring; and as such, these loans are not necessarily classified as nonaccrual or impaired.

Our unsecured Commercial financing receivables portfolio is primarily attributable to our Interbanca S.p.A. and GE Sanyo Credit acquisitions in CLL International. At March 31, 2014 and December 31, 2013, these financing receivables included $371 million and $313 million rated A, $400 million and $580 million rated B, and $282 million and $231 million rated C, respectively.

Real Estate

Due to the primarily non-recourse nature of our Debt portfolio, loan-to-value ratios (the ratio of the outstanding debt on a property to the re-indexed value of that property) provide the best indicators of the credit quality of the portfolio.

	Loan-to-value ratio
	March 31, 2014						December 31, 2013
	Less than		80% to		Greater than		Less than		80% to		Greater than
(In millions)	80%		95%		95%		80%		95%		95%
Debt	$	15,974	$	1,512	$	1,754	$	15,576	$	1,300	$	2,111

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The credit quality of the owner occupied/credit tenant portfolio is primarily influenced by the strength of the borrower’s general credit quality, which is reflected in our internal risk rating process, consistent with the process we use for our Commercial portfolio. As of March 31, 2014, the balances of our owner occupied/credit tenant portfolio with an internal risk rating of A, B and C approximated $638 million, $201 million and $157 million, respectively, as compared to the December 31, 2013, balances of $571 million, $179 million and $162 million, respectively.

The financing receivables within our Debt portfolio are primarily concentrated in our North American and European Lending platforms and are secured by various property types. A substantial majority of our Debt financing receivables with loan-to-value ratios greater than 95% are paying in accordance with contractual terms. Substantially all of these loans and the majority of our owner occupied/credit tenant financing receivables included in Category C are impaired loans that are subject to the specific reserve evaluation process. The ultimate recoverability of impaired loans is driven by collection strategies that do not necessarily depend on the sale of the underlying collateral and include full or partial repayments through third-party refinancing and restructurings.

Consumer

At March 31, 2014, our U.S. consumer financing receivables included private-label credit card and sales financing for approximately 57 million customers across the U.S. with no metropolitan area accounting for more than 6% of the portfolio. Of the total U.S. consumer financing receivables, approximately 66% relate to credit card loans that are often subject to profit and loss-sharing arrangements with the retailer (which are recorded in revenues), and the remaining 34% are sales finance receivables that provide financing to customers in areas such as electronics, recreation, medical and home improvement.

Our Consumer financing receivables portfolio comprises both secured and unsecured lending. Secured financing receivables comprise residential loans and lending to small and medium-sized enterprises predominantly secured by auto and equipment, inventory finance and cash flow loans. Unsecured financing receivables include private-label credit card financing. A substantial majority of these cards are not for general use and are limited to the products and services sold by the retailer. The private-label portfolio is diverse with no metropolitan area accounting for more than 5% of the related portfolio.

Non-U.S. residential mortgages

For our secured non-U.S. residential mortgage book, we assess the overall credit quality of the portfolio through loan-to-value ratios (the ratio of the outstanding debt on a property to the value of that property at origination). In the event of default and repossession of the underlying collateral, we have the ability to remarket and sell the properties to eliminate or mitigate the potential risk of loss.

	Loan-to-value ratio
	March 31, 2014							December 31, 2013
	80% or		Greater than		Greater than		80% or		Greater than		Greater than
(In millions)	less		80% to 90%		90%		less		80% to 90%		90%
Non-U.S. residential mortgages	$	17,148	$	5,098	$	8,109	$	17,224	$	5,130	$	8,147

The majority of these financing receivables are in our U.K. and France portfolios and have re-indexed loan-to-value ratios of 74% and 56%, respectively. Re-indexed loan-to-value ratios may not reflect actual realizable values of future repossessions. We have third-party mortgage insurance for about 22% of the balance of Consumer non-U.S. residential mortgage loans with loan-to-value ratios greater than 90% at March 31, 2014. Such loans were primarily originated in France and the U.K.

Installment and Revolving Credit

For our unsecured lending products, including the non-U.S. and U.S. installment and revolving credit and non-U.S. auto portfolios, we assess overall credit quality using internal and external credit scores. Our internal credit scores imply a probability of default that we consistently translate into three approximate credit bureau equivalent credit score categories, including (a) 671 or higher, which are considered the strongest credits; (b) 626 to 670, which are considered moderate credit risk; and (c) 625 or less, which are considered weaker credits.

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	Internal ratings translated to approximate credit bureau equivalent score
	March 31, 2014						December 31, 2013
	671 or		626 to		625 or		671 or		626 to		625 or
(In millions)	higher		670		less		higher		670		less
Non-U.S. installment and
revolving credit	$	8,033	$	3,117	$	2,565	$	8,310	$	2,855	$	2,512
U.S. installment and
revolving credit		34,388		10,817		7,682		36,723		11,101		8,030
Non-U.S. auto		1,338		344		275		1,395		373		286

Installment and revolving credit accounts with credit bureau equivalent scores of 625 or less have an average outstanding balance less than one thousand U.S. dollars and are primarily concentrated in our retail card and sales finance receivables in the U.S. and closed-end loans outside the U.S., which minimizes the potential for loss in the event of default. For lower credit scores, we adequately price for the incremental risk at origination and monitor credit migration through our risk ratings process. We continuously adjust our credit line underwriting management and collection strategies based on customer behavior and risk profile changes.

Consumer – Other

We develop our internal risk ratings for this portfolio in a manner consistent with the process used to develop our Commercial credit quality indicators, described above. We use the borrower’s credit quality and underlying collateral strength to determine the potential risk of loss from these activities.

At March 31, 2014, Consumer – Other financing receivables of $6,013 million, $401 million and $504 million were rated A, B, and C, respectively. At December 31, 2013, Consumer – Other financing receivables of $6,137 million, $315 million and $501 million were rated A, B, and C, respectively.

6. PROPERTY, PLANT AND EQUIPMENT

(In millions)	March 31, 2014		December 31, 2013
Original cost	$	115,869	$	116,469
Less accumulated depreciation and amortization		(48,126)		(47,642)
Property, plant and equipment – net	$	67,743	$	68,827

Consolidated depreciation and amortization was $2,275 million and $2,309 million in the three months ended March 31, 2014 and 2013, respectively.

7. GOODWILL AND OTHER INTANGIBLE ASSETS

During the first quarter of 2014, we acquired several businesses in our Healthcare segment. On February 12, 2014, we acquired API Healthcare (API) for $340 million in cash. API is a healthcare workforce management software and analytics solutions provider. The preliminary purchase price allocation resulted in goodwill of approximately $275 million and amortizable intangible assets of approximately $125 million. On March 21, 2014, we acquired certain Thermo Fisher Scientific Inc. life-science businesses for $1,065 million in cash. The primary business acquired, Hyclone, is a leading manufacturer of products used to support biopharmaceutical research and production. The preliminary purchase price allocation resulted in goodwill of approximately $725 million and amortizable intangible assets of approximately $300 million. The allocation of purchase prices will be finalized upon completion of post-closing procedures.

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Goodwill
					Dispositions,
					currency
	Balance at				exchange		Balance at
(In millions)	January 1, 2014		Acquisitions		and other		March 31, 2014
Power & Water	$	8,822	$	-	$	34	$	8,856
Oil & Gas		10,516		21		30		10,567
Energy Management		4,748		-		75		4,823
Aviation		9,103		-		168		9,271
Healthcare		16,643		1,024		19		17,686
Transportation		1,012		1		(32)		981
Appliances & Lighting		606		-		-		606
GE Capital		26,195		-		141		26,336
Corporate		3		-		-		3
Total	$	77,648	$	1,046	$	435	$	79,129

Goodwill balances increased by $1,481 million, primarily as a result of acquisitions at Healthcare and the result of currency exchange effects of a weaker U.S. dollar.

Other Intangible Assets - Net
(In millions)	March 31, 2014		December 31, 2013
Intangible assets subject to amortization	$	14,645	$	14,150
Indefinite-lived intangible assets(a)		143		160
Total	$	14,788	$	14,310

(a) Indefinite-lived intangible assets principally comprise trademarks and in-process research and development.

Intangible Assets Subject to Amortization
	March 31, 2014						December 31, 2013
	Gross						Gross
	carrying		Accumulated				carrying		Accumulated
(In millions)	amount		amortization		Net		amount		amortization		Net
Customer-related	$	8,426	$	(2,402)	$	6,024	$	7,938	$	(2,312)	$	5,626
Patents and technology		6,785		(2,718)		4,067		6,602		(2,621)		3,981
Capitalized software		8,478		(5,420)		3,058		8,256		(5,252)		3,004
Trademarks		1,370		(312)		1,058		1,356		(295)		1,061
Lease valuations		679		(480)		199		703		(498)		205
Present value of future profits(a)		583		(583)		-		574		(574)		-
All other		599		(360)		239		632		(359)		273
Total	$	26,920	$	(12,275)	$	14,645	$	26,061	$	(11,911)	$	14,150

(a) Balances at March 31, 2014 and December 31, 2013 reflect adjustments of $316 million and $322 million, respectively, to the present value of future profits in our run-off insurance operation to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized.

Intangible assets subject to amortization increased $859 million in the three months ended March 31, 2014, primarily as a result of acquisitions at Healthcare.

Consolidated amortization expense was $420 million and $399 million in the three months ended March 31, 2014 and 2013, respectively.

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8. BORROWINGS AND BANK DEPOSITS

(In millions)	March 31, 2014		December 31, 2013
Short-term borrowings
GE
Commercial paper	$	350	$	-
Payable to banks		520		346
Current portion of long-term borrowings		70		70
Other		607		1,425
Total GE short-term borrowings		1,547		1,841
GECC
Commercial paper
U.S.		21,229		24,877
Non-U.S.		3,817		4,168
Current portion of long-term borrowings(a)(b)		40,720		39,215
GE Interest Plus notes(c)		8,935		8,699
Other(b)		401		339
Total GECC short-term borrowings		75,102		77,298
Eliminations		(528)		(1,249)
Total short-term borrowings	$	76,121	$	77,890
Long-term borrowings
GE
Senior notes	$	13,941	$	10,968
Payable to banks		9		10
Other		519		537
Total GE long-term borrowings		14,469		11,515
GECC
Senior unsecured notes(a)(d)		183,271		186,433
Subordinated notes(e)		4,860		4,821
Subordinated debentures(f)		7,530		7,462
Other(b)		10,993		11,563
Total GECC long-term borrowings		206,654		210,279
Eliminations		(131)		(129)
Total long-term borrowings	$	220,992	$	221,665
Non-recourse borrowings of consolidated securitization entities(g)	$	28,724	$	30,124
Bank deposits(h)	$	54,743	$	53,361
Total borrowings and bank deposits	$	380,580	$	383,040

(a) Included $481 million of obligations to holders of GICs at both March 31, 2014 and December 31, 2013, respectively. These obligations included conditions under which certain GIC holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3. The remaining outstanding GICs will continue to be subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC’s ratings, among other things.

(b) Included $9,338 million and $9,468 million of funding secured by real estate, aircraft and other collateral at March 31, 2014 and December 31, 2013, respectively, of which $2,733 million and $2,868 million is non-recourse to GECC at March 31, 2014 and December 31, 2013, respectively.

(c) Entirely variable denomination floating-rate demand notes.

(d) Included $700 million of debt at both March 31, 2014 and December 31, 2013 raised by a funding entity related to Penske Truck Leasing Co., L.P. (PTL). GECC, as co-issuer and co-guarantor of the debt, reports this amount as borrowings in its financial statements. GECC has been indemnified by the other limited partners of PTL for their proportionate share of the debt obligation.

(e) Included $300 million of subordinated notes guaranteed by GE at both March 31, 2014 and December 31, 2013.

(f) Subordinated debentures receive rating agency equity credit.

(g) Included at March 31, 2014 and December 31, 2013, were $9,878 million and $9,047 million of current portion of long-term borrowings, respectively. See Note 16.

(h) Included $13,458 million and $13,614 million of deposits in non-U.S. banks at March 31, 2014 and December 31, 2013, respectively, and $19,305 million and $18,275 million of certificates of deposits with maturities greater than one year at March 31, 2014 and December 31, 2013, respectively.

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In the first quarter of 2014, GE issued $3,000 million senior unsecured debt, composed of $750 million aggregate principal amount of 3.375% Notes due 2024 and $2,250 million aggregate principal amount of 4.500% Notes due 2044.

9. POSTRETIREMENT BENEFIT PLANS

We sponsor a number of pension and retiree health and life insurance benefit plans. Principal pension plans are the GE Pension Plan and the GE Supplementary Pension Plan. Principal retiree benefit plans provide health and life insurance benefits to certain eligible participants and these participants share in the cost of the healthcare benefits. Other pension plans include the U.S. and non-U.S. pension plans with pension assets or obligations greater than $50 million. Smaller pension plans and other retiree benefit plans are not material individually or in the aggregate.

Effect on Operations of Pension Plans
	Principal Pension Plans
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	318	$	401
Prior service cost amortization		54		61
Expected return on plan assets		(801)		(875)
Interest cost on benefit obligation		686		614
Net actuarial loss amortization		641		912
Pension plans cost	$	898	$	1,113

	Other Pension Plans
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	114	$	102
Prior service cost amortization		1		2
Expected return on plan assets		(197)		(165)
Interest cost on benefit obligation		146		130
Net actuarial loss amortization		49		86
Pension plans cost	$	113	$	155

Effect on Operations of Principal Retiree Health and Life Insurance Plans

	Principal Retiree Health
	and Life Insurance Plans
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	44	$	73
Prior service cost amortization		98		98
Expected return on plan assets		(12)		(15)
Interest cost on benefit obligation		110		107
Net actuarial loss (gain) amortization		(43)		4
Retiree benefit plans cost	$	197	$	267

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10. INCOME TAXES

Unrecognized Tax Benefits
(In millions)	March 31, 2014		December 31, 2013
Unrecognized tax benefits	$	5,911	$	5,816
Portion that, if recognized, would reduce tax
expense and effective tax rate(a)		4,223		4,307
Accrued interest on unrecognized tax benefits		970		975
Accrued penalties on unrecognized tax benefits		169		164
Reasonably possible reduction to the balance of
unrecognized tax benefits in succeeding 12 months		0-1,150		0-900
Portion that, if recognized, would reduce tax
expense and effective tax rate(a)		0-400		0-350

(a) Some portion of such reduction may be reported as discontinued operations.

The Internal Revenue Service (IRS) is currently auditing our consolidated U.S. income tax returns for 2010-2011. In addition, certain other U.S. tax deficiency issues and refund claims for previous years are still unresolved. The IRS has disallowed the tax loss on our 2003 disposition of ERC Life Reinsurance Corporation. We have contested the disallowance of this loss. It is reasonably possible that the unresolved items could be resolved during the next 12 months, which could result in a decrease in our balance of unrecognized tax benefits – that is, the aggregate tax effect of differences between tax return positions and the benefits recognized in our financial statements. We believe that there are no other jurisdictions in which the outcome of unresolved issues or claims is likely to be material to our results of operations, financial position or cash flows. We further believe that we have made adequate provision for all income tax uncertainties.

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11. SHAREOWNERS’ EQUITY

Accumulated Other Comprehensive Income (Loss)
	Three months ended March 31
(In millions)	2014		2013
Investment securities
Beginning balance	$	307	$	677
Other comprehensive income (loss) (OCI) before reclassifications –
net of deferred taxes of $246 and $(38)		447		(63)
Reclassifications from OCI – net of deferred taxes of $7 and $97		10		131
Other comprehensive income (loss)(a)		457		68
Less: OCI attributable to noncontrolling interests		-		1
Ending balance	$	764	$	744
Currency translation adjustments (CTA)
Beginning balance	$	126	$	412
OCI before reclassifications – net of deferred taxes of $71 and $(204)		47		(471)
Reclassifications from OCI – net of deferred taxes of $124 and $(34)		2		12
Other comprehensive income (loss)(a)		49		(459)
Less: OCI attributable to noncontrolling interests		(2)		(4)
Ending balance	$	177	$	(43)
Cash flow hedges
Beginning balance	$	(257)	$	(722)
OCI before reclassifications – net of deferred taxes of $71 and $72		99		(76)
Reclassifications from OCI – net of deferred taxes of $(6) and $(47)		(31)		178
Other comprehensive income (loss)(a)		68		102
Less: OCI attributable to noncontrolling interests		-		-
Ending balance	$	(189)	$	(620)
Benefit plans
Beginning balance	$	(9,296)	$	(20,597)
Net actuarial gain (loss) – net of deferred taxes of $42 and $53		172		83
Prior service cost amortization – net of deferred taxes of $64 and $67		93		98
Net actuarial loss amortization – net of deferred taxes
of $213 and $339		430		672
Other comprehensive income (loss)(a)		695		853
Less: OCI attributable to noncontrolling interests		-		1
Ending balance	$	(8,601)	$	(19,745)
Accumulated other comprehensive income (loss) at March 31	$	(7,849)	$	(19,664)

(a)   Total other comprehensive income (loss) was $1,269 million and $564 million for the three months ended March 31, 2014 and 2013, respectively.

(29)

Reclassification out of AOCI
	Three months ended March 31
(In millions)	2014		2013		Statement of Earnings Caption
Available-for-sale securities
Realized gains (losses) on
sale/impairment of securities	$	(17)	$	(228)	Other income
		7		97	Benefit (provision) for income taxes
	$	(10)	$	(131)	Net of tax
Currency translation adjustments
Gains (losses) on dispositions	$	(126)	$	22	Costs and expenses
		124		(34)	Benefit (provision) for income taxes
	$	(2)	$	(12)	Net of tax
Cash flow hedges
Gains (losses) on interest rate      derivatives	$	(69)	$	(102)	Interest and other financial charges
Foreign exchange contracts		128		(51)	(a)
Other		(22)		22	(b)
		37		(131)	Total before tax
		(6)		(47)	Benefit (provision) for income taxes
	$	31	$	(178)	Net of tax
Benefit plan items
Amortization of prior service costs	$	(157)	$	(165)	(c)
Amortization of actuarial gains (losses)		(643)		(1,011)	(c)
		(800)		(1,176)	Total before tax
		277		406	Benefit (provision) for income taxes
	$	(523)	$	(770)	Net of tax
Total reclassification adjustments	$	(504)	$	(1,091)	Net of tax

(a)   Included $134 million and $(33) million in GECC revenues from services and $(6) million and $(18) million in interest and other financial charges for the three months ended March 31, 2014 and 2013, respectively.

(b)   Primarily recorded in costs and expenses.

(c)   Amortization of prior service costs and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 9 for further information.

Noncontrolling Interests
	Three months ended March 31
(In millions)	2014		2013
Beginning balance	$	6,217	$	5,444
Net earnings (loss)		(33)		(16)
Dividends		(10)		(18)
Dispositions		-		(104)
Other (including AOCI)		9		30
Ending balance	$	6,183	$	5,336

GECC preferred stock is presented as noncontrolling interests in the GE consolidated statement of financial position.

Other

GE’s authorized common stock consists of 13,200,000,000 shares having a par value of $0.06 each.

GECC paid quarterly dividends of $500 million and no special dividends to GE in the three months ended March 31, 2014. There were no dividends paid to GE in the three months ended March 31, 2013.

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12. GECC REVENUES FROM SERVICES

	Three months ended March 31
(In millions)	2014		2013
Interest on loans	$	4,256	$	4,490
Equipment leased to others		2,661		2,529
Fees		1,114		1,130
Investment income(a)		556		414
Financing leases		389		436
Associated companies		373		173
Premiums earned by insurance activities		352		395
Real estate investments(b)		343		1,300
Other items		444		575
		10,488		11,442
Eliminations		(356)		(301)
Total	$	10,132	$	11,141

(a)   Included net other-than-temporary impairments on investment securities of $34 million and $278 million in the three months ended March 31, 2014 and 2013, respectively.

(b)   During the three months ended March 31, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.

13. EARNINGS PER SHARE INFORMATION

	Three months ended March 31
	2014				2013
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)	$	2,983	$	2,983	$	3,642	$	3,642
Earnings (loss) from discontinued operations
for per-share calculation(a)		12		12		(120)		(120)
Net earnings attributable to GE common
shareowners for per-share calculation(a)	$	2,995	$	2,995	$	3,522	$	3,522
Average equivalent shares
Shares of GE common stock outstanding		10,045		10,045		10,374		10,374
Employee compensation-related shares (including
stock options) and warrants		78		-		59		-
Total average equivalent shares		10,123		10,045		10,433		10,374
Per-share amounts
Earnings from continuing operations	$	0.29	$	0.30	$	0.35	$	0.35
Earnings (loss) from discontinued operations		–		–		(0.01)		(0.01)
Net earnings		0.30		0.30		0.34		0.34

(a)   Included an insignificant amount of dividend equivalents in each of the periods presented.

For the three months ended March 31, 2014 and 2013, there were approximately 72 million and 190 million, respectively, of outstanding stock awards that were not included in the computation of diluted earnings per share because their effect was antidilutive.

Earnings-per-share amounts are computed independently for earnings from continuing operations, earnings (loss) from discontinued operations and net earnings. As a result, the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings.

14. FAIR VALUE MEASUREMENTS

Recurring Fair Value Measurements

Our assets and liabilities measured at fair value on a recurring basis include investment securities primarily supporting obligations to annuitants and policyholders in our run-off insurance operations and supporting obligations to holders of GICs in Trinity and investment securities held in our CLL business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries.

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Assets and Liabilities Measured at Fair Value on a Recurring Basis
									Netting
(In millions)	Level 1		(a)	Level 2		(a)	Level 3		adjustment		(b)	Net balance
March 31, 2014
Assets
Investment securities
Debt
U.S. corporate	$	-		$	19,590		$	3,104	$	-		$	22,694
State and municipal		-			4,834			560		-			5,394
Residential mortgage-backed		-			1,793			81		-			1,874
Commercial mortgage-backed		-			3,112			11		-			3,123
Asset-backed(c)		-			430			6,908		-			7,338
Corporate – non-U.S.		52			678			1,072		-			1,802
Government – non-U.S.		1,334			823			1		-			2,158
U.S. government and federal agency		-			505			232		-			737
Retained interests		-			-			75		-			75
Equity
Available-for-sale		434			25			11		-			470
Trading		66			2			-		-			68
Derivatives(d)		-			7,683			163		(6,300)			1,546
Other(e)		-			-			288		-			288
Total	$	1,886		$	39,475		$	12,506	$	(6,300)		$	47,567
Liabilities
Derivatives	$	-		$	4,692		$	15	$	(3,895)		$	812
Other(f)		-			1,183			-		-			1,183
Total	$	-		$	5,875		$	15	$	(3,895)		$	1,995
December 31, 2013
Assets
Investment securities
Debt
U.S. corporate	$	-		$	18,788		$	2,953	$	-		$	21,741
State and municipal		-			4,193			96		-			4,289
Residential mortgage-backed		-			1,824			86		-			1,910
Commercial mortgage-backed		-			3,025			10		-			3,035
Asset-backed(c)		-			489			6,898		-			7,387
Corporate – non-U.S.		61			645			1,064		-			1,770
Government – non-U.S.		1,590			789			31		-			2,410
U.S. government and federal agency		-			545			225		-			770
Retained interests		-			-			72		-			72
Equity
Available-for-sale		475			31			11		-			517
Trading		78			2			-		-			80
Derivatives(d)		-			8,304			175		(6,739)			1,740
Other(e)		-			-			494		-			494
Total	$	2,204		$	38,635		$	12,115	$	(6,739)		$	46,215
Liabilities
Derivatives	$	-		$	5,409		$	20	$	(4,355)		$	1,074
Other(f)		-			1,170			-		-			1,170
Total	$	-		$	6,579		$	20	$	(4,355)		$	2,244

(a) There were no securities transferred between Level 1 and Level 2 in the three months ended March 31, 2014.

(b) The netting of derivative receivables and payables (including the effects of any collateral posted or received) is permitted when a legally enforceable master netting agreement exists.

(c) Includes investments in our CLL business in asset-backed securities collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries.

(d) The fair value of derivatives includes an adjustment for non-performance risk. The cumulative adjustment was a gain (loss) of $30 million and $(7) million at March 31, 2014 and December 31, 2013, respectively. See Note 15 for additional information on the composition of our derivative portfolio.

(e) Includes private equity investments and loans designated under the fair value option.

(f) Primarily represented the liability associated with certain of our deferred incentive compensation plans.

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Level 3 Instruments

The majority of our Level 3 balances consist of investment securities classified as available-for-sale with changes in fair value recorded in shareowners’ equity.

Changes in Level 3 Instruments for the Three Months Ended
																				Net
																				change in
			Net			Net														unrealized
			realized/				realized/													gains
			unrealized				unrealized													(losses)
			gains			gains														relating to
	Balance		(losses)			(losses)								Transfers		Transfers		Balance		instruments
	at		included			included								into		out of		at		still held at
(In millions)	January 1		in earnings		(a)	in AOCI		Purchases		Sales		Settlements		Level 3(b)		Level 3(b)		March 31		March 31		(c)
2014
Investment securities
Debt
U.S. corporate	$	2,953	$	8		$	60	$	153	$	(2)	$	(112)	$	97	$	(53)	$	3,104	$	-
State and municipal		96		-			27		9		-		(7)		435		-		560		-
RMBS		86		-			(1)		-		-		(4)		-		-		81		-
CMBS		10		-			-		-		-		(1)		2		-		11		-
ABS		6,898		1			(27)		405		-		(369)		-		-		6,908		-
Corporate – non-U.S.		1,064		(21)			47		219		(2)		(235)		-		-		1,072		-
Government – non-U.S.		31		-			-		-		-		-		-		(30)		1		-
U.S. government and
federal agency		225		-			9		-		-		-		-		(2)		232		-
Retained interests		72		2			3		1		-		(3)		-		-		75		-
Equity
Available-for-sale		11		-			-		-		-		-		-		-		11		-
Derivatives(d)(e)		164		(7)			-		-		-		2		(1)		-		158		-
Other		494		3			-		83		(13)		-		-		(279)		288		(9)
Total	$	12,104	$	(14)		$	118	$	870	$	(17)	$	(729)	$	533	$	(364)	$	12,501	$	(9)
2013
Investment securities
Debt
U.S. corporate	$	3,591	$	(271)		$	219	$	63	$	(6)	$	(45)	$	93	$	(73)	$	3,571	$	-
State and municipal		77		-			-		4		-		(1)		10		-		90		-
RMBS		100		-			(3)		-		-		(1)		-		-		96		-
CMBS		6		-			-		-		-		-		-		-		6		-
ABS		5,023		1			(2)		144		-		(262)		12		-		4,916		-
Corporate – non-U.S.		1,218		8			19		825		(3)		(733)		15		-		1,349		-
Government – non-U.S.		42		-			(1)		-		-		-		-		-		41		-
U.S. government and
federal agency		277		-			(13)		-		-		-		-		-		264		-
Retained interests		83		3			10		-		-		(5)		-		-		91		-
Equity
Available-for-sale		13		-			-		-		-		-		-		(2)		11		-
Derivatives(d)(e)		416		(19)			-		(1)		-		(53)		-		-		343		12
Other		799		(22)			-		57		(55)		-		-		-		779		(21)
Total	$	11,645	$	(300)		$	229	$	1,092	$	(64)	$	(1,100)	$	130	$	(75)	$	11,557	$	(9)

(a)   Earnings effects are primarily included in the GECC revenues from services and Interest and other financial charges captions in the Condensed Statement of Earnings.

(b)   Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were primarily a result of increased use of quotes from independent pricing vendors based on recent trading activity.

(c)   Represents the amount of unrealized gains or losses for the period included in earnings.

(d)   Represents derivative assets net of derivative liabilities and included cash accruals of $10 million and $4 million not reflected in the fair value hierarchy table for the three months ended March 31, 2014 and 2013, respectively.

(e)   Gains (losses) included in “net realized/unrealized gains (losses) included in earnings” were offset by the earnings effects from the underlying items that were economically hedged. See Note 15.

(33)

Non-Recurring Fair Value Measurements

The following table represents non-recurring fair value amounts (as measured at the time of the adjustment) for those assets remeasured to fair value on a non-recurring basis during the fiscal year and still held at March 31, 2014 and December 31, 2013.

	Remeasured during				Remeasured during
	the three months ended				the year ended
	March 31, 2014				December 31, 2013
(In millions)	Level 2		Level 3		Level 2		Level 3
Financing receivables and loans held for sale	$	87	$	1,596	$	210	$	2,986
Cost and equity method investments		-		354		-		690
Long-lived assets, including real estate		326		192		2,050		1,088
Total	$	413	$	2,142	$	2,260	$	4,764

The following table represents the fair value adjustments to assets measured at fair value on a non-recurring basis and still held at March 31, 2014 and 2013.

	Three months ended March 31
(In millions)	2014		2013
Financing receivables and loans held for sale	$	(113)	$	(128)
Cost and equity method investments		(208)		(81)
Long-lived assets, including real estate		(75)		(390)
Total	$	(396)	$	(599)

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Level 3 Measurements - Significant Unobservable Inputs

					Range
(Dollars in millions)	Fair value		Valuation technique	Unobservable inputs	(weighted average)
March 31, 2014
Recurring fair value measurements
Investment securities – Debt
U.S. corporate	$	947	Income approach	Discount rate(a)	1.5%-8.9% (5.0%)
State and Municipal		469	Income approach	Discount rate(a)	1.8%-6.0% (3.3%)
Asset-backed		6,868	Income approach	Discount rate(a)	1.3%-9.5% (3.8%)
Corporate – non-U.S.		776	Income approach	Discount rate(a)	1.4%-46.0% (15.3%)
Other financial assets		278	Income approach, Market comparables	Revenue multiple	1.7X-1.7X (1.7X)
				EBITDA multiple	5.4X-8.9X (6.9X)
				Discount rate(a)	3.9%-5.6% (4.8%)
				Capitalization rate(b)	7.3%-8.8% (7.6%)
Non-recurring fair value measurements
Financing receivables and   loans held for sale	$	995	Income approach, Business enterprise value	Capitalization rate(b)	2.7%-11.3% (6.5%)
				EBITDA multiple	4.3X-6.5X (5.9X)
				WACC(c)	19.0%-19.0% (19.0%)
Cost and equity method investments		137	Income approach, Business enterprise value, Market comparables	Discount rate(a)	8.0%-10.0% (8.5%)
				EBITDA multiple	6.0X-9.0X (9.0X)
				Revenue multiple	2.9X-2.9X (2.9X)
Long-lived assets, including real estate		5	Income approach	Capitalization rate(b)	9.4%-15.3% (12.0%)
				Discount rate(a)	4.0%-19.0% (8.3%)
December 31, 2013
Recurring fair value measurements
Investment securities – Debt
U.S. corporate	$	898	Income approach	Discount rate(a)	1.5%-13.3% (6.5%)
Asset-backed		6,854	Income approach	Discount rate(a)	1.2%-10.5% (3.7%)
Corporate – non-U.S.		819	Income approach	Discount rate(a)	1.4%-46.0% (15.1%)
Other financial assets		381	Income approach, Market comparables	WACC(c)	9.3%-9.3% (9.3%)
				EBITDA multiple	5.4X-12.5X (9.5X)
				Discount rate(a)	5.2%-8.8% (5.3%)
				Capitalization rate(b)	6.3%-7.5% (7.2%)
Non-recurring fair value measurements
Financing receivables and   loans held for sale	$	1,937	Income approach,	Capitalization rate(b)	5.5%-16.7% (8.0%)
			Business enterprise value	EBITDA multiple	4.3X-5.5X (4.8X)
				Discount rate(a)	6.6%-6.6% (6.6%)
Cost and equity method investments		102	Income approach, Market comparables	Discount rate(a)	5.7%-5.9% (5.8%)
				Capitalization rate(b)	8.5%-10.6% (10.0%)
				WACC(c)	9.3%-9.6% (9.4%)
				EBITDA multiple	7.1X-14.5X (11.3X)
				Revenue multiple	2.2X-12.6X (9.4X)
Long-lived assets, including real estate		694	Income approach	Capitalization rate(b)	5.4%-14.5% (7.8%)
				Discount rate(a)	4.0%-23.0% (9.0%)

(a)   Discount rates are determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rate would result in a decrease in the fair value.

(b)   Represents the rate of return on net operating income that is considered acceptable for an investor and is used to determine a property’s capitalized value. An increase in the capitalization rate would result in a decrease in the fair value.

(c)   Weighted average cost of capital (WACC).

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At March 31, 2014 and December 31, 2013, other Level 3 recurring fair value measurements of $2,968 million and $2,816 million, respectively, and non-recurring measurements of $730 million and $1,460 million, respectively, are valued using non-binding broker quotes or other third-party sources. At March 31, 2014 and December 31, 2013, other recurring fair value measurements of $185 million and $327 million, respectively, and non-recurring fair value measurements of $275 million and $571 million, respectively, were individually insignificant and utilize a number of different unobservable inputs not subject to meaningful aggregation.

15. FINANCIAL INSTRUMENTS

The following table provides information about assets and liabilities not carried at fair value. The table excludes finance leases and non-financial assets and liabilities. Substantially all of the assets discussed below are considered to be Level 3. The vast majority of our liabilities’ fair value can be determined based on significant observable inputs and thus considered Level 2. Few of the instruments are actively traded and their fair values must often be determined using financial models. Realization of the fair value of these instruments depends upon market forces beyond our control, including marketplace liquidity.

	March 31, 2014						December 31, 2013
			Assets (liabilities)						Assets (liabilities)
			Carrying						Carrying
	Notional		amount		Estimated		Notional		amount		Estimated
(In millions)	amount		(net)		fair value		amount		(net)		fair value
GE
Assets
Investments and notes
receivable	$	(a)	$	486	$	533	$	(a)	$	488	$	512
Liabilities
Borrowings(b)		(a)		(16,016)		(16,824)		(a)		(13,356)		(13,707)
GECC
Assets
Loans		(a)		221,187		225,454		(a)		226,293		230,792
Other commercial mortgages		(a)		2,261		2,269		(a)		2,270		2,281
Loans held for sale		(a)		1,078		1,078		(a)		512		512
Other financial instruments(c)		(a)		1,541		2,201		(a)		1,622		2,203
Liabilities
Borrowings and bank
deposits(b)(d)		(a)		(365,223)		(381,050)		(a)		(371,062)		(386,823)
Investment contract benefits		(a)		(3,107)		(3,666)		(a)		(3,144)		(3,644)
Guaranteed investment contracts		(a)		(1,441)		(1,429)		(a)		(1,471)		(1,459)
Insurance – credit life(e)		2,163		(110)		(96)		2,149		(108)		(94)

(a) These financial instruments do not have notional amounts.

(b) See Note 8.

(c) Principally comprises cost method investments.

(d) Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at March 31, 2014 and December 31, 2013 would have been reduced by $3,506 million and $2,284 million, respectively.

(e) Net of reinsurance of $1,250 million at both March 31, 2014 and December 31, 2013.

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Notional Amounts of Loan Commitments
(In millions)	March 31, 2014		December 31, 2013
Ordinary course of business lending commitments(a)	$	5,102	$	4,756
Unused revolving credit lines(b)
Commercial(c)		15,497		16,570
Consumer – principally credit cards		296,296		290,662

(a) Excluded investment commitments of $1,383 million and $1,395 million at March 31, 2014 and December 31, 2013, respectively.

(b) Excluded inventory financing arrangements, which may be withdrawn at our option, of $12,650 million and $13,502 million at March 31, 2014 and December 31, 2013, respectively.

(c) Included commitments of $11,952 million and $11,629 million at March 31, 2014 and December 31, 2013, respectively, associated with secured financing arrangements that could have increased to a maximum of $15,472 million and $14,590 million at March 31, 2014 and December 31, 2013, respectively, based on asset volume under the arrangement.

Securities Repurchase and Reverse Repurchase Arrangements

Our issuances of securities repurchase agreements are insignificant and are limited to activities at certain of our foreign banks primarily for purposes of liquidity management. At March 31, 2014, we were party to repurchase agreements totaling $134 million, which were reported in short-term borrowings on the financial statements. We have had no repurchase agreements that were accounted for as off-book financing and we do not engage in securities lending transactions.

We also enter into reverse securities repurchase agreements, primarily for short-term investment with maturities of 90 days or less. At March 31, 2014, we were party to reverse repurchase agreements totaling $19.9 billion, which were reported in cash and equivalents on the financial statements. Under these reverse securities repurchase agreements, we typically lend available cash at a specified rate of interest and hold U.S. or highly-rated European government securities as collateral during the term of the agreement. Collateral value is in excess of amounts loaned under the agreements.

Derivatives and Hedging

As a matter of policy, we use derivatives for risk management purposes and we do not use derivatives for speculative purposes. A key risk management objective for our financial services businesses is to mitigate interest rate and currency risk by seeking to ensure that the characteristics of the debt match the assets they are funding. If the form (fixed versus floating) and currency denomination of the debt we issue do not match the related assets, we typically execute derivatives to adjust the nature and tenor of funding to meet this objective within pre-defined limits. The determination of whether we enter into a derivative transaction or issue debt directly to achieve this objective depends on a number of factors, including market related factors that affect the type of debt we can issue.

The notional amounts of derivative contracts represent the basis upon which interest and other payments are calculated and are reported gross, except for offsetting foreign currency forward contracts that are executed in order to manage our currency risk of net investment in foreign subsidiaries. Of the outstanding notional amount of $336,000 million, approximately 87% or $293,000 million, is associated with reducing or eliminating the interest rate, currency or market risk between financial assets and liabilities in our financial services businesses. The remaining derivative activities primarily relate to hedging against adverse changes in currency exchange rates and commodity prices related to anticipated sales and purchases and contracts containing certain clauses that meet the accounting definition of a derivative. The instruments used in these activities are designated as hedges when practicable. When we are not able to apply hedge accounting, or when the derivative and the hedged item are both recorded in earnings concurrently, the derivatives are deemed economic hedges and hedge accounting is not applied. This most frequently occurs when we hedge a recognized foreign currency transaction (e.g., a receivable or payable) with a derivative. Since the effects of changes in exchange rates are reflected concurrently in earnings for both the derivative and the transaction, the economic hedge does not require hedge accounting.

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Fair Value of Derivatives
	March 31, 2014				December 31, 2013
(In millions)		Assets		Liabilities		Assets		Liabilities
Derivatives accounted for as hedges
Interest rate contracts	$	4,187	$	1,350	$	3,837	$	1,989
Currency exchange contracts		1,330		1,183		1,830		984
Other contracts		1		2		1		-
		5,518		2,535		5,668		2,973
Derivatives not accounted for as hedges
Interest rate contracts		289		145		270		169
Currency exchange contracts		1,814		1,979		2,257		2,245
Other contracts		225		48		284		42
		2,328		2,172		2,811		2,456
Gross derivatives recognized in statement of
financial position
Gross derivatives		7,846		4,707		8,479		5,429
Gross accrued interest		1,183		41		1,227		241
		9,029		4,748		9,706		5,670
Amounts offset in statement of financial position
Netting adjustments(a)		(3,556)		(3,586)		(4,120)		(4,113)
Cash collateral(b)		(2,744)		(309)		(2,619)		(242)
		(6,300)		(3,895)		(6,739)		(4,355)
Net derivatives recognized in statement of
financial position
Net derivatives		2,729		853		2,967		1,315
Amounts not offset in statement of
financial position
Securities held as collateral(c)		(1,655)		-		(1,962)		-
Net amount	$	1,074	$	853	$	1,005	$	1,315

Derivatives are classified in all other assets and all other liabilities and the related accrued interest is classified in other GECC receivables and all other liabilities in our financial statements.

(a) The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts include fair value adjustments related to our own and counterparty non-performance risk. At March 31, 2014 and December 31, 2013, the cumulative adjustment for non-performance risk was a gain (loss) of $30 million and $(7) million, respectively.

(b) Excludes excess cash collateral received and posted of $177 million and $56 million at March 31, 2014, respectively, and $160 million and $37 million at December 31, 2013, respectively.

(c) Excludes excess securities collateral received of $75 million and $363 million at March 31, 2014 and December 31, 2013, respectively.

Fair value hedges

We use interest rate and currency exchange derivatives to hedge the fair value effects of interest rate and currency exchange rate changes on local and non-functional currency denominated fixed-rate debt. For relationships designated as fair value hedges, changes in fair value of the derivatives are recorded in earnings within interest and other financial charges, along with offsetting adjustments to the carrying amount of the hedged debt.

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Earnings Effect of Fair Value Hedging Relationships
	Three months ended March 31
	2014				2013
	Gain (loss)		Gain (loss)		Gain (loss)		Gain (loss)
	on hedging		on hedged		on hedging		on hedged
(In millions)	derivatives		items		derivatives		items
Interest rate contracts	$	990	$	(1,005)	$	(914)	$	881
Currency exchange contracts		2		(3)		(9)		8

Fair value hedges resulted in $(16) million and $(34) million of ineffectiveness in the three months ended March 31, 2014 and 2013, respectively. In both the three months ended March 31, 2014 and 2013, there were insignificant amounts excluded from the assessment of effectiveness.

Cash flow hedges

We use interest rate, currency exchange and commodity derivatives to reduce the variability of expected future cash flows associated with variable rate borrowings and commercial purchase and sale transactions, including commodities. For derivatives that are designated in a cash flow hedging relationship, the effective portion of the change in fair value of the derivative is reported as a component of AOCI and reclassified into earnings contemporaneously and in the same caption with the earnings effects of the hedged transaction.

Gains (Losses) Recognized through AOCI

					Gain (loss) reclassified
	Gain (loss) recognized in AOCI				from AOCI into earnings
	for the three months ended March 31				for the three months ended March 31
(In millions)	2014		2013		2014		2013
Interest rate contracts	$	3	$	(11)	$	(69)	$	(102)
Currency exchange contracts		156		4		108		(28)
Commodity contracts		(2)		(1)		(2)		(1)
Total(a)	$	157	$	(8)	$	37	$	(131)

(a)   Gain (loss) is recorded in GECC revenues from services, interest and other financial charges, and other costs and expenses when reclassified to earnings.

The total pre-tax amount in AOCI related to cash flow hedges of forecasted transactions was a $118 million loss at March 31, 2014. We expect to transfer $160 million to earnings as an expense in the next 12 months contemporaneously with the earnings effects of the related forecasted transactions. In both the three months ended March 31, 2014 and 2013, we recognized insignificant gains and losses related to hedged forecasted transactions and firm commitments that did not occur by the end of the originally specified period. At March 31, 2014 and 2013, the maximum term of derivative instruments that hedge forecasted transactions was 19 years and 20 years, respectively. See Note 11 for additional information about reclassifications out of AOCI.

For cash flow hedges, the amount of ineffectiveness in the hedging relationship and amount of the changes in fair value of the derivatives that are not included in the measurement of ineffectiveness were insignificant for each reporting period.

Net investment hedges in foreign operations

We use currency exchange derivatives to protect our net investments in global operations conducted in non-U.S. dollar currencies. For derivatives that are designated as hedges of net investment in a foreign operation, we assess effectiveness based on changes in spot currency exchange rates. Changes in spot rates on the derivative are recorded as a component of AOCI until such time as the foreign entity is substantially liquidated or sold, or upon the loss of a controlling interest in a foreign entity. The change in fair value of the forward points, which reflects the interest rate differential between the two countries on the derivative, is excluded from the effectiveness assessment.

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Gains (Losses) Recognized through CTA
	Gain (loss) recognized in CTA				Gain (loss) reclassified from CTA
	for the three months ended March 31				for the three months ended March 31
(In millions)	2014		2013		2014		2013
Currency exchange contracts(a)	$	(1,033)	$	2,105	$	10	$	(124)

(a)   Gain (loss) is recorded in GECC revenues from services when reclassified out of AOCI.

The amounts related to the change in the fair value of the forward points that are excluded from the measure of effectiveness were $(142) million and $(166) million in the three months ended March 31, 2014 and 2013, respectively, and were recorded in interest and other financial charges.

Free-standing derivatives

Changes in the fair value of derivatives that are not designated as hedges are recorded in earnings each period. As discussed above, these derivatives are typically entered into as economic hedges of changes in interest rates, currency exchange rates, commodity prices and other risks. Gains or losses related to the derivative are typically recorded in GECC revenues from services or other income, based on our accounting policy. In general, the earnings effects of the item that represent the economic risk exposure are recorded in the same caption as the derivative. Gains (losses) for the three months ended March 31, 2014 on derivatives not designated as hedges were $1,108 million composed of amounts related to interest rate contracts of $11 million, currency exchange contracts of $1,126 million, and other derivatives of $(29) million. These gains were more than offset by the earnings effects from the underlying items that were economically hedged. Gains (losses) for the three months ended March 31, 2013 on derivatives not designated as hedges were $(686) million composed of amounts related to interest rate contracts of $(62) million, currency exchange contracts of $(720) million, and other derivatives of $96 million. These losses were more than offset by the earnings effects from the underlying items that were economically hedged.

Counterparty credit risk

Fair values of our derivatives can change significantly from period to period based on, among other factors, market movements and changes in our positions. We manage counterparty credit risk (the risk that counterparties will default and not make payments to us according to the terms of our agreements) on an individual counterparty basis. Where we have agreed to netting of derivative exposures with a counterparty, we net our exposures with that counterparty and apply the value of collateral posted to us to determine the exposure. We actively monitor these net exposures against defined limits and take appropriate actions in response, including requiring additional collateral.

As discussed above, we have provisions in certain of our master agreements that require counterparties to post collateral (typically, cash or U.S. Treasury securities) when our receivable due from the counterparty, measured at current market value, exceeds a specified limit. The fair value of such collateral was $4,399 million at March 31, 2014, of which $2,744 million was cash and $1,655 million was in the form of securities held by a custodian for our benefit. Under certain of these same agreements, we post collateral to our counterparties for our derivative obligations, the fair value of which was $309 million at March 31, 2014. At March 31, 2014, our exposure to counterparties (including accrued interest), net of collateral we hold, was $962 million. This excludes exposure related to embedded derivatives.

Additionally, our master agreements typically contain mutual downgrade provisions that provide the ability of each party to require termination if the long-term credit rating of the counterparty were to fall below A-/A3. In certain of these master agreements, each party also has the ability to require termination if the short-term rating of the counterparty were to fall below A-1/P-1. Our master agreements also typically contain provisions that provide termination rights upon the occurrence of certain other events, such as a bankruptcy or events of default by one of the parties. If an agreement was terminated under any of these circumstances, the termination amount payable would be determined on a net basis and could also take into account any collateral posted. The net amount of our derivative liability, after consideration of collateral posted by us and outstanding interest payments was $783 million at March 31, 2014. This excludes embedded derivatives.

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16. VARIABLE INTEREST ENTITIES

We use variable interest entities primarily to securitize financial assets and arrange other forms of asset-backed financing in the ordinary course of business. Except as noted below, investors in these entities only have recourse to the assets owned by the entity and not to our general credit. We do not have implicit support arrangements with any VIE. We did not provide non-contractual support for previously transferred financing receivables to any VIE in 2014 or 2013.

Consolidated Variable Interest Entities

We consolidate VIEs because we have the power to direct the activities that significantly affect the VIE’s economic performance, typically because of our role as either servicer or manager for the VIE. Our consolidated VIEs fall into three main groups, which are further described below:

·   Trinity comprises two consolidated entities that hold investment securities, the majority of which are investment-grade, and were funded by the issuance of GICs. The GICs include conditions under which certain holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3 or the short-term credit ratings fall below A-1+/P-1. The outstanding GICs are subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC’s ratings, among other things, and are reported in investment contracts, insurance liabilities and insurance annuity benefits.

·   Consolidated Securitization Entities (CSEs) were created to facilitate securitization of financial assets and other forms of asset-backed financing that serve as an alternative funding source by providing access to variable funding notes and term markets. The securitization transactions executed with these entities are similar to those used by many financial institutions and substantially all are non-recourse. We provide servicing for substantially all of the assets in these entities.

The financing receivables in these entities have similar risks and characteristics to our other financing receivables and were underwritten to the same standard. Accordingly, the performance of these assets has been similar to our other financing receivables; however, the blended performance of the pools of receivables in these entities reflects the eligibility criteria that we apply to determine which receivables are selected for transfer. Contractually the cash flows from these financing receivables must first be used to pay third-party debt holders as well as other expenses of the entity. Excess cash flows are available to GE. The creditors of these entities have no claim on other assets of GE.

·   Other remaining assets and liabilities of consolidated VIEs relate primarily to three categories of entities: (1) joint ventures that lease equipment with $1,562 million of assets and $713 million of liabilities; (2) other entities that are involved in power generating and leasing activities with $733 million of assets and no liabilities; and (3) insurance entities that, among other lines of business, provide property and casualty and workers’ compensation coverage for GE with $1,195 million of assets and $525 million of liabilities.

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Assets and Liabilities of Consolidated VIEs

			Consolidated Securitization Entities
									Trade
(In millions)	Trinity(a)		Credit cards		(b)	Equipment		(b)	receivables		Other		Total
March 31, 2014
Assets(c)
Financing receivables, net	$	-	$	23,888		$	13,029		$	2,628	$	2,067	$	41,612
Investment securities		2,764		-			-			-		1,034		3,798
Other assets		22		122			515			1		2,706		3,366
Total	$	2,786	$	24,010		$	13,544		$	2,629	$	5,807	$	48,776
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	583	$	583
Non-recourse borrowings		-		14,642			10,316			2,168		49		27,175
Other liabilities		1,454		265			285			28		1,458		3,490
Total	$	1,454	$	14,907		$	10,601		$	2,196	$	2,090	$	31,248
December 31, 2013
Assets(c)
Financing receivables, net	$	-	$	24,766		$	12,928		$	2,509	$	2,044	$	42,247
Investment securities		2,786		-			-			-		1,044		3,830
Other assets		213		20			557			-		2,430		3,220
Total	$	2,999	$	24,786		$	13,485		$	2,509	$	5,518	$	49,297
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	598	$	598
Non-recourse borrowings		-		15,363			10,982			2,180		49		28,574
Other liabilities		1,482		228			248			25		1,351		3,334
Total	$	1,482	$	15,591		$	11,230		$	2,205	$	1,998	$	32,506

(a) Excludes intercompany advances from GECC to Trinity, which are eliminated in consolidation of $1,611 million and $1,837 million at March 31, 2014 and December 31, 2013, respectively.

(b) We provide servicing to the CSEs and are contractually permitted to commingle cash collected from customers on financing receivables sold to CSE investors with our own cash prior to payment to a CSE, provided our short-term credit rating does not fall below A-1/P-1. These CSEs also owe us amounts for purchased financial assets and scheduled interest and principal payments. At March 31, 2014 and December 31, 2013, the amounts of commingled cash owed to the CSEs were $3,106 million and $6,314 million, respectively, and the amounts owed to us by CSEs were $3,115 million and $5,540 million, respectively.

(c) Asset amounts exclude intercompany receivables for cash collected on behalf of the entities by GE as servicer, which are eliminated in consolidation. Such receivables provide the cash to repay the entities’ liabilities. If these intercompany receivables were included in the table above, assets would be higher. In addition, other assets, borrowings and other liabilities exclude intercompany balances that are eliminated in consolidation.

Total revenues from our consolidated VIEs were $1,835 million and $1,804 million in the three months ended March 31, 2014 and 2013, respectively. Related expenses consisted primarily of provisions for losses of $301 million and $414 million in the three months ended March 31, 2014 and 2013, respectively, and interest and other financial charges of $81 million and $89 million in the three months ended March 31, 2014 and 2013, respectively. These amounts do not include intercompany revenues and costs, principally fees and interest between GE and the VIEs, which are eliminated in consolidation.

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Investments in Unconsolidated Variable Interest Entities

Our involvement with unconsolidated VIEs consists of the following activities: assisting in the formation and financing of the entity; providing recourse and/or liquidity support; servicing the assets; and receiving variable fees for services provided. We are not required to consolidate these entities because the nature of our involvement with the activities of the VIEs does not give us power over decisions that significantly affect their economic performance.

Our largest exposure to any single unconsolidated VIE at March 31, 2014 is a $7,018 million investment in asset-backed securities issued by the Senior Secured Loan Program (“SSLP”), a fund that invests in high-quality senior secured debt of various middle-market companies. Other significant unconsolidated VIEs include investments in real estate entities ($2,261 million), which generally consist of passive limited partnership investments in tax-advantaged, multi-family real estate and investments in various European real estate entities; and exposures to joint ventures that purchase factored receivables ($2,491 million).

The classification of our variable interests in these entities in our financial statements is based on the nature of the entity and the type of investment we hold. Variable interests in partnerships and corporate entities are classified as either equity method or cost method investments. In the ordinary course of business, we also make investments in entities in which we are not the primary beneficiary but may hold a variable interest such as limited partner interests or mezzanine debt investments. These investments are classified in two captions in our financial statements: “All other assets” for investments accounted for under the equity method, and “Financing receivables – net” for debt financing provided to these entities.

Investments in Unconsolidated VIEs

(In millions)	March 31, 2014		December 31, 2013
Other assets and investment securities	$	9,161	$	9,129
Financing receivables – net		3,084		3,346
Total investments		12,245		12,475
Contractual obligations to fund investments or guarantees		2,541		2,741
Revolving lines of credit		36		31
Total	$	14,822	$	15,247

In addition to the entities included in the table above, we also hold passive investments in RMBS, CMBS and ABS issued by VIEs. Such investments were, by design, investment-grade at issuance and held by a diverse group of investors. Further information about such investments is provided in Note 3.

17. INTERCOMPANY TRANSACTIONS

Transactions between related companies are made on an arms-length basis, are eliminated and consist primarily of GECC dividends to GE; GE customer receivables sold to GECC; GECC services for trade receivables management and material procurement; buildings and equipment (including automobiles) leased between GE and GECC; information technology (IT) and other services sold to GECC by GE; aircraft engines manufactured by GE that are installed on aircraft purchased by GECC from third-party producers for lease to others; and various investments, loans and allocations of GE corporate overhead costs.

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These intercompany transactions are reported in the GE and GECC columns of our financial statements, but are eliminated in deriving our consolidated financial statements. Effects of these eliminations on our consolidated cash flows from operating, investing and financing activities are $56 million, $(1,730) million and $1,674 million for the three months ended March 31, 2014, respectively, and $1,357 million, $(1,413) million and $136 million for the three months ended March 31, 2013, respectively. Details of these eliminations are shown below.

	Three months ended March 31
(In millions)	2014		2013
Cash from (used for) operating activities-continuing operations
Combined	$	4,908	$	3,354
GE customer receivables sold to GECC		731		976
GECC dividends to GE		(500)		-
Other reclassifications and eliminations		(175)		381
	$	4,964	$	4,711
Cash from (used for) investing activities-continuing operations
Combined	$	3,612	$	32,815
GE customer receivables sold to GECC		(1,185)		(966)
Other reclassifications and eliminations		(545)		(447)
	$	1,882	$	31,402
Cash from (used for) financing activities-continuing operations
Combined	$	(10,169)	$	(23,077)
GE customer receivables sold to GECC		454		(10)
GECC dividends to GE		500		-
Other reclassifications and eliminations		720		146
	$	(8,495)	$	(22,941)

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

We are one of the largest and most diversified infrastructure and financial services corporations in the world. With products and services ranging from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. Operating businesses that are reported as segments include Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances & Lighting and GE Capital.

General Electric Company’s consolidated financial statements represent the combination of the industrial manufacturing and product services businesses of General Electric Company (GE) and the financial services businesses of General Electric Capital Corporation (GECC or Financial Services).

In the accompanying analysis of financial information, we sometimes use information derived from consolidated financial information but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission (SEC) rules. For such measures, we have provided supplemental explanations and reconciliations in Exhibit 99(a) to this Form 10-Q Report.

Unless otherwise indicated, we refer to captions such as revenues and other income and earnings from continuing operations attributable to the Company simply as “revenues” and “earnings” throughout this Management’s Discussion and Analysis. Similarly, discussion of other matters in our condensed, consolidated financial statements relates to continuing operations unless otherwise indicated.

We integrate acquisitions as quickly as possible. Only revenues and earnings from the date we complete the acquisition through the end of the fourth following quarter are attributed to such businesses.

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We supplement our GAAP net earnings and earnings per share (EPS) reporting by also reporting operating earnings and operating EPS (non-GAAP measures). Operating earnings and operating EPS include service costs and plan amendment amortization for our principal pension plans as these costs represent expenses associated with employee benefits earned. Operating earnings and operating EPS exclude non-operating pension cost/income such as interest costs, expected return on plan assets and non-cash amortization of actuarial gains and losses. We believe that this reporting provides better transparency to the employee benefit costs of our principal pension plans and Company operating results.

We have reclassified certain prior-period amounts to conform to the current-period presentation.

OVERVIEW
	Three months ended March 31
(Dollars in millions, except per share amounts)	2014			2013			V%
GAAP
Consolidated revenues and other income	$	34,178		$	34,943		(2)%
Earnings from continuing operations attributable
to the Company		2,987			3,647		(18)%
Earnings (loss) from discontinued operations,
net of taxes, attributable to the Company		12			(120)		F
Consolidated net earnings attributable to
the Company		2,999			3,527		(15)%
EPS from continuing operations-diluted		0.29			0.35		(17)%
EPS from net earnings-diluted		0.30			0.34		(12)%
Effective tax rate		14.9	%		12.3	%
Non-GAAP
Operating earnings	$	3,329		$	4,070		(18)%
Operating EPS		0.33			0.39		(15)%

Revenues

Revenues decreased 2% in the three months ended March 31, 2014 compared with the same period of 2013. Industrial sales increased 8%, reflecting the effects of acquisitions and organic growth. Financial Services revenues decreased 8% over the comparable period of 2013 as a result of the effects of dispositions, lower gains and organic revenue declines, primarily due to lower ENI, partially offset by lower impairments. Other income decreased to $0.2 billion in the three months ended March 31, 2014 from $1.6 billion in the same period of 2013 due to the absence of NBCUniversal (NBCU LLC) related income, primarily from the sale of our remaining 49% common equity interest in NBCU LLC in the first quarter 2013.

Overall, the effects of acquisitions increased consolidated revenues $0.6 billion and $0.2 billion in the three months ended March 31, 2014 and 2013, respectively. Dispositions also affected our operations through lower revenues of $2.0 billion and higher revenues of $1.1 billion in the three months ended March 31, 2014 and 2013, respectively.

Earnings from continuing operations attributable to the Company

Earnings from continuing operations attributable to the Company decreased 18% in the three months ended March 31, 2014 compared with the same period of 2013, primarily due to the absence of gains related to the first quarter 2013 sale of our remaining 49% common equity interest in NBCU LLC ($1.4 billion), partially offset by a 12% increase in the operating profit of the industrial segments.

Our consolidated earnings in the three months ended March 31, 2014 and 2013 increased $0.1 billion and an insignificant amount, respectively, from acquired businesses. The effects of dispositions on earnings were a decrease of $1.1 billion and an increase of $0.9 billion in the three months ended March 31, 2014 and 2013, respectively.

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Other First Quarter Financial Highlights and Significant Developments

·   Industrial segment revenues increased 8% on organic growth. Industrial segment operating profit increased 12% with growth driven by Oil & Gas, Power & Water and Aviation.

·   Industrial segment margin increased 50 bps driven by higher pricing and productivity, partially offset by the effects of inflation.

·   Orders of $23.7 billion were flat and backlog increased to $245.3 billion.

·   GE Capital segment earnings were flat on GE Capital ending net investment (excluding cash and equivalents) (ENI) of $374 billion.

·   GE acquired API Healthcare (API), a healthcare workforce management software and analytics solutions provider, in February 2014 for $0.3 billion and certain Thermo Fisher Scientific Inc. life-science businesses (Thermo Fisher) in March 2014 for $1.1 billion.

·   GE completed issuances of $3.0 billion of senior unsecured debt with maturities up to 30 years.

·   Our North American Retail Finance business, under the name Synchrony Financial, filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering, as a first step in a planned, staged exit from that business.  

·   On April 30, 2014, GE and Alstom announced that GE had submitted a binding offer to acquire the Thermal, Renewables and Grid businesses of Alstom for $13.5 billion, net of $3.4 billion of assumed net cash in the businesses to be acquired. The proposed transaction is subject to further reviews and approvals, including by an independent committee of the Alstom board and Alstom’s works councils, as well as regulatory approvals. The transaction is expected to close in 2015.

SEGMENT OPERATIONS

Segment profit is determined based on internal performance measures used by the Chief Executive Officer to assess the performance of each business in a given period. In connection with that assessment, the Chief Executive Officer may exclude matters such as charges for restructuring; rationalization and other similar expenses; acquisition costs and other related charges; technology and product development costs; certain gains and losses from acquisitions or dispositions; and litigation settlements or other charges, responsibility for which preceded the current management team.

Segment revenues include both revenues and other income related to the segment. Segment profit excludes results reported as discontinued operations, earnings attributable to noncontrolling interests of consolidated subsidiaries, GECC preferred stock dividends declared and accounting changes. Segment profit excludes or includes interest and other financial charges and income taxes according to how a particular segment’s management is measured – excluded in determining segment profit, which we sometimes refer to as “operating profit,” for Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation and Appliances & Lighting; included in determining segment profit, which we sometimes refer to as “net earnings,” for GE Capital. Certain corporate costs, such as shared services, employee benefits and information technology are allocated to our segments based on usage. A portion of the remaining corporate costs are allocated based on each segment’s relative net cost of operations.

Results of our former equity method investment in NBCU LLC, through the date of sale in the first quarter of 2013, are reported in the Corporate items and eliminations line in the Summary of Operating Segments.

In addition to providing information on segments in their entirety, we have also provided supplemental information for certain operations within the segments.

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Summary of Operating Segments(Unaudited)

	Three months ended March 31
(Dollars in millions)	2014		2013		V%
Revenues
Power & Water	$	5,509	$	4,825		14%
Oil & Gas		4,308		3,399		27%
Energy Management		1,672		1,748		(4%)
Aviation		5,778		5,074		14%
Healthcare		4,198		4,289		(2%)
Transportation		1,227		1,422		(14%)
Appliances & Lighting		1,857		1,917		(3%)
Total industrial segment revenues		24,549		22,674		8%
GE Capital		10,515		11,468		(8%)
Total segment revenues		35,064		34,142		3%
Corporate items and eliminations		(886)		801		U
Consolidated revenues and other income	$	34,178	$	34,943		(2%)
Segment profit
Power & Water	$	888	$	719		24%
Oil & Gas		446		325		37%
Energy Management		5		15		(67%)
Aviation		1,115		936		19%
Healthcare		570		595		(4%)
Transportation		202		267		(24%)
Appliances & Lighting		53		79		(33%)
Total industrial segment profit		3,279		2,936		12%
GE Capital		1,933		1,938		-%
Total segment profit		5,212		4,874		7%
Corporate items and eliminations		(1,542)		(479)		U
GE interest and other financial charges		(365)		(324)		(13%)
GE provision for income taxes		(318)		(424)		25%
Earnings from continuing operations
attributable to the Company		2,987		3,647		(18%)
Earnings (loss) from discontinued operations,
net of taxes, attributable to the Company		12		(120)		F
Consolidated net earnings attributable to
the Company	$	2,999	$	3,527		(15%)

Power & Water

Revenues of $5.5 billion in the three months ended March 31, 2014 increased $0.7 billion, or 14%, on higher volume ($0.8 billion), primarily equipment at Wind and Thermal, partially offset by lower prices ($0.1 billion) and the effects of the stronger U.S. dollar ($0.1 billion). Increases in equipment revenues were partially offset by lower service revenues primarily due to weakness in Europe. Segment profit of $0.9 billion in the three months ended March 31, 2014 increased $0.2 billion, or 24%, on cost productivity ($0.2 billion) and higher volume ($0.1 billion), partially offset by lower prices ($0.1 billion). The increase in earnings from higher volume was primarily driven by Wind and Thermal, while higher productivity was driven by segment-wide cost reductions.

Oil & Gas

Revenues of $4.3 billion in the three months ended March 31, 2014 increased $0.9 billion, or 27%, on higher volume ($0.8 billion) and higher other income ($0.1 billion) due to non-repeat of charges incurred in the first quarter of 2013. Higher volume was primarily due to equipment at Turbomachinery, Subsea and the result of the third-quarter 2013 acquisition of Lufkin Industries, Inc. Segment profit of $0.4 billion in the three months ended March 31, 2014 increased $0.1 billion, or 37%, on higher volume ($0.1 billion) and higher other income ($0.1 billion). The operating profit improvements were primarily at the Subsea business.

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Energy Management

Revenues of $1.7 billion in the three months ended March 31, 2014 decreased $0.1 billion, or 4%, on lower volume and other income driven by the absence of a gain on a disposition in the first quarter of 2013. Lower volume was primarily driven by weakness in the North American utility and electrical distribution markets. Segment profit decreased 67% in the three months ended March 31, 2014 primarily as lower other income and lower prices were partially offset by higher productivity reflecting selling, general and administrative (SG&A) cost reductions.

Aviation

Revenues of $5.8 billion in the three months ended March 31, 2014 increased $0.7 billion, or 14%, on higher volume ($0.5 billion) and higher prices ($0.3 billion). Higher volume was driven by higher equipment sales on increased engine shipments and increased service revenues primarily from sales of commercial engine spares as well as the third-quarter 2013 acquisition of Avio S.p.A. (Avio). Segment profit of $1.1 billion in the three months ended March 31, 2014 increased $0.2 billion, or 19%, on higher prices ($0.3 billion) and higher volume ($0.1 billion), partially offset by lower productivity ($0.1 billion) and the effects of inflation ($0.1 billion). Operating profit improvements were primarily driven by services and the impact of Avio.

Healthcare

Revenues of $4.2 billion in the three months ended March 31, 2014 decreased $0.1 billion, or 2%, on lower prices ($0.1 billion) and the effects of the stronger U.S. dollar ($0.1 billion). Revenues were down in both equipment and services reflecting weakness in the U.S. markets. Segment profit of $0.6 billion in the three months ended March 31, 2014 decreased 4% on lower prices ($0.1 billion) offset by higher productivity ($0.1 billion) reflecting SG&A cost reductions.

Transportation

Revenues of $1.2 billion in the three months ended March 31, 2014 decreased $0.2 billion, or 14%, on lower volume ($0.2 billion). Weakness in the Mining business contributed to a decrease in revenues for both equipment and services. Segment profit of $0.2 billion in the three months ended March 31, 2014 decreased 24%, primarily due to lower volume and lower productivity at Mining.

Appliances & Lighting

Revenues of $1.9 billion in the three months ended March 31, 2014 decreased $0.1 billion, or 3%, on lower volume ($0.1 billion), primarily at Appliances as a result of weather-related pressures. Segment profit of $0.1 billion in the three months ended March 31, 2014 decreased 33% driven by lower productivity.

GE Capital

GE Capital revenues decreased 8% and net earnings were flat in the three months ended March 31, 2014. Revenues decreased as a result of lower gains, the effects of dispositions and organic revenue declines, primarily due to lower ENI, partially offset by lower impairments. Net earnings reflected lower gains, core decreases and dispositions offset by lower provisions for losses on financing receivables and lower impairments.

We have communicated our goal of reducing GE Capital’s ending net investment (ENI), most recently targeting ENI of $300 billion to $350 billion. ENI is a metric used by us to measure the total capital we have invested in our financial services business. GE Capital’s ENI (excluding cash and equivalents) was $374 billion at March 31, 2014. To achieve this goal, we are more aggressively focusing our businesses on selective financial services products where we have deep domain experience, broad distribution, the ability to earn a consistent return on capital and are competitively advantaged, while managing our overall balance sheet size and risk. We have a strategy of exiting those businesses that are deemed to be non-strategic or that are underperforming. We have completed a number of dispositions in our businesses in the past and will continue to evaluate options going forward.

Accordingly, in the short-term, as we reduce our ENI through exiting non-core businesses, the overall level of our future net earnings may be reduced. However, over the long-term, we believe that this strategy will improve our long-term performance through higher returns as we will have a larger concentration of assets in our core businesses, as opposed to the underperforming or non-strategic assets we will be exiting; reduce liquidity risk as we pay down outstanding debt and diversify our sources of funding (with less reliance on the global commercial paper markets and an increase in alternative sources of funding such as deposits); and reduce capital requirements while strengthening capital ratios.

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Additional Information –GE Capital Businesses

	Three months ended March 31
(Dollars in millions)	2014		2013		V%
Revenues
CLL	$	3,582	$	3,507	2%
Consumer		3,602		3,825	(6)%
Real Estate		631		1,657	(62)%
Energy Financial Services		469		343	37%
GECAS		1,345		1,379	(2)%
Total segment revenues		9,629		10,711	(10)%
Corporate items and eliminations		886		757	17%
Total revenues	$	10,515	$	11,468	(8)%
Segment profit
CLL	$	564	$	398	42%
Consumer		786		534	47%
Real Estate		239		690	(65)%
Energy Financial Services		153		83	84%
GECAS		352		348	1%
Total segment profit		2,094		2,053	2%
Corporate items and eliminations		(161)		(115)	(40)%
Earnings from continuing operations
attributable to GECC		1,933		1,938	-%
Earnings from discontinued operations,
net of taxes, attributable to GECC		12		(120)	F
Net earnings attributable to GECC		1,945		1,818	7%

(In millions)	March 31, 2014		December 31, 2013		March 31, 2013
Assets
CLL	$	175,059	$	174,357	$	175,757
Consumer		131,720		132,236		136,404
Real Estate		38,237		38,744		42,760
Energy Financial Services		15,943		16,203		18,627
GECAS		45,118		45,876		48,884
Corporate items and eliminations		104,370		109,413		107,099
Total Assets	$	510,447	$	516,829	$	529,531

CLL

CLL revenues increased 2% and net earnings increased 42% in the three months ended March 31, 2014. Revenues increased as a result of lower impairments ($0.2 billion), partially offset by the effects of dispositions ($0.1 billion). Net earnings increased reflecting lower impairments ($0.2 billion), partially offset by the effects of dispositions.

Consumer

Consumer revenues decreased 6% and net earnings increased 47% in the three months ended March 31, 2014. Revenues decreased as a result of the effects of dispositions ($0.1 billion), organic revenue declines and lower gains. The increase in net earnings resulted primarily from lower provisions for losses on financing receivables ($0.3 billion) and core increases, partially offset by the effects of dispositions.

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Real Estate

Real Estate revenues decreased 62% and net earnings decreased 65% in the three months ended March 31, 2014. Revenues decreased as a result of decreases in net gains on property sales ($0.9 billion) mainly due to the 2013 sale of real estate comprising certain floors located at 30 Rockefeller Center, New York and organic revenue declines ($0.1 billion). Real Estate net earnings decreased as a result of core decreases ($0.4 billion), including decreases in net gains on property sales ($0.6 billion), partially offset by lower impairments ($0.1 billion) associated with the strategic decision to exit certain equity platforms in 2013. Depreciation expense on real estate equity investments totaled $0.1 billion and $0.2 billion in the three months ended March 31, 2014 and 2013, respectively.

Energy Financial Services

Energy Financial Services revenues increased 37% and net earnings increased 84% in the three months ended March 31, 2014. Revenues increased as a result of organic revenue growth ($0.2 billion) and higher gains ($0.2 billion), partially offset by higher impairments ($0.2 billion) and the effects of dispositions ($0.1 billion). The increase in net earnings resulted primarily from core increases ($0.1 billion) and higher gains ($0.1 billion), partially offset by higher impairments ($0.1 billion) and the effects of dispositions.

GECAS

GECAS revenues decreased 2% and net earnings increased 1% in the three months ended March 31, 2014. Revenues decreased as a result of higher finance lease impairments and organic revenue declines, partially offset by higher gains. The increase in net earnings resulted primarily from higher gains and core increases, partially offset by higher ELTO impairments.

Corporate Items and Eliminations
	Three months ended March 31
(In millions)		2014		2013
Revenues
NBCU LLC	$	-	$	1,338
Eliminations and other		(886)		(537)
Total	$	(886)	$	801
Operating Profit (Cost)
NBCU LLC	$	-	$	1,338
Principal retirement plans(a)		(581)		(792)
Restructuring and other charges		(376)		(546)
Unallocated corporate, other costs and eliminations		(585)		(479)
Total	$	(1,542)	$	(479)

(a)   Included non-operating (non-GAAP) pension income (cost) of $(0.5) billion and $(0.7) billion in the three months ended March 31, 2014 and 2013, respectively, which includes expected return on plan assets, interest costs and non-cash amortization of actuarial gains and losses.

Revenues in the three months ended March 31, 2014 decreased $1.7 billion as a result of $1.3 billion lower income related to the operations and disposition of NBCU LLC in the first quarter of 2013 and $0.2 billion of higher inter-segment eliminations. Operating cost increased $1.1 billion as a result of $1.3 billion of lower NBCU LLC related income and $0.1 billion of higher inter-segment eliminations, partially offset by $0.2 billion of lower costs of our principal retirement plans and $0.2 billion of lower restructuring and other charges.

Certain amounts included in corporate items and eliminations cost are not allocated to GE operating segments because they are excluded from the measurement of their operating performance for internal purposes. These costs include certain restructuring and other charges, technology and product development costs and acquisition-related costs.

For the three months ended March 31, 2014, these amounts totaled $0.4 billion, including Power & Water ($0.1 billion), Oil & Gas ($0.1 billion), Energy Management ($0.1 billion), Aviation ($0.1 billion) and Healthcare ($0.1 billion). For the three months ended March 31, 2013, these amounts totaled $0.6 billion, including Power & Water ($0.1 billion), Oil & Gas ($0.1 billion), Energy Management ($0.1 billion), Aviation ($0.1 billion) and Healthcare ($0.1 billion).

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INCOME TAXES

The consolidated provision for income taxes was an expense of $0.5 billion in the three months ended March 31, 2014 (an effective tax rate of 14.9%), compared with $0.5 billion for the same period of 2013 (an effective tax rate of 12.3%). The increase in consolidated tax rate is primarily attributable to the absence of the 2013 benefits from enactment, discussed below, of the extension of the U.S. tax provision deferring tax on active financial services income and of the extension of U.S. business credits. This increase was partially offset by a decrease in income taxed at rates above the average tax rate.

On January 2, 2013, the American Taxpayer Relief Act of 2012 was enacted and the law extended several provisions, including a two year extension of the U.S. tax provision deferring tax on active financial services income and certain U.S. business credits, retroactive to January 1, 2012. Under accounting rules, a tax law change is taken into account in calculating the income tax provision in the period enacted. Because the extension was enacted into law in 2013, tax expense in the first quarter of 2013 reflected retroactive extension of the previously expired provisions.

GE and GECC file a consolidated U.S. federal income tax return. This enables GE to use GECC tax deductions and credits to reduce the tax that otherwise would have been payable by GE. The GECC effective tax rate for each period reflects the benefit of these tax reductions in the consolidated return. GE makes cash payments to GECC for these tax reductions at the time GE’s tax payments are due.

Our effective income tax rate is lower than the U.S. statutory rate primarily because of benefits from lower-taxed global operations, including the use of global funding structures. There is a tax benefit from global operations as non-U.S. income is subject to local country tax rates that are significantly below the 35% U.S. statutory rate. These non-U.S. earnings have been indefinitely reinvested outside the U.S. and are not subject to current U.S. income tax. The rate of tax on our indefinitely reinvested non-U.S. earnings is below the 35% U.S. statutory rate largely because GECC funds the majority of its non-U.S. operations through foreign companies that are subject to low foreign taxes and because we have significant business operations subject to tax in countries where the tax on that income is lower than the U.S. statutory rate. The most significant portion of these benefits at GECC depends on the provision of U.S. law deferring the tax on active financial services income, which, as discussed below, is subject to expiration. A substantial portion of the remaining benefit at GECC related to business operations subject to tax in countries where the tax on that income is lower than the U.S. statutory rate is derived from our GECAS aircraft leasing operations located in Ireland.

We expect our ability to benefit from non-U.S. income taxed at less than the U.S. rate to continue subject to changes of U.S. or foreign law, including the expiration of the U.S. tax law provision deferring tax on active financial services income. If this provision is not extended, our tax rate will increase significantly after 2014. In addition, since this benefit depends on management’s intention to indefinitely reinvest amounts outside the U.S., our tax provision will increase to the extent we no longer intend to indefinitely reinvest foreign earnings.

DISCONTINUED OPERATIONS
	Three months ended March 31
(In millions)	2014		2013
Earnings (loss) from discontinued operations,
net of taxes	$	12	$	(120)

Discontinued operations primarily comprises GE Money Japan (our Japanese personal loan business, Lake, and our Japanese mortgage and card businesses, excluding our investment in GE Nissen Credit Co., Ltd.), our U.S. mortgage business (WMC), our CLL trailer services business in Europe (CLL Trailer Services) and our Consumer banking business in Russia (Consumer Russia). Results of these businesses are reported as discontinued operations for all periods presented.

Earnings from discontinued operations, net of taxes, in the three months ended March 31, 2014 were insignificant.

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Loss from discontinued operations, net of taxes, in the three months ended March 31, 2013 primarily reflected a $0.1 billion after-tax effect of incremental reserves related to retained representation and warranty obligations to repurchase previously sold loans on the 2007 sale of WMC.

For additional information related to discontinued operations, see Note 2 to the condensed, consolidated financial statements.

STATEMENT OF FINANCIAL POSITION

Major changes in our financial position for the three months ended March 31, 2014 resulted from the following:

·   The U.S. dollar was weaker against most major currencies at March 31, 2014 than at December 31, 2013, increasing the translated levels of our non-U.S. dollar assets and liabilities.

·   GE inventory balances increased $1.5 billion in order to fulfill commitments and backlog during the year.

·   GE completed acquisitions of Thermo Fisher and API in our Healthcare segment resulting in increased goodwill and intangible assets balances of $1.4 billion.

·   GE completed issuances of $3.0 billion of senior unsecured debt with maturities up to 30 years.

·   Consistent with our effort to reduce the GECC balance sheet, collections (which includes sales) on financing receivables exceeded originations by $4.0 billion and net repayments exceeded new issuances of total borrowings by $9.6 billion.

STATEMENT OF CASH FLOWS

We evaluate our cash flow performance by reviewing our industrial (non-financial services) businesses and financial services businesses separately. Cash from operating activities (CFOA) is the principal source of cash generation for our industrial businesses. The industrial businesses also have liquidity available via the public capital markets. Our financial services businesses use a variety of financial resources to meet our capital needs. Cash for financial services businesses is primarily provided from the issuance of term debt and commercial paper in the public and private markets, time deposits, as well as financing receivables, collections, sales and securitizations.

GE Cash Flow

GE CFOA totaled $1.7 billion and $0.2 billion for the three months ended March 31, 2014, and 2013, respectively. With respect to GE CFOA, we believe that it is useful to supplement our GE Condensed Statement of Cash Flows and to examine in a broader context the business activities that provide and require cash.

	Three months ended March 31
(In billions)	2014		2013
Operating cash collections(a)	$	25.6	$	22.5
Operating cash payments		(24.4)		(22.3)
Cash dividends from GECC		0.5		-
GE cash from operating activities (GE CFOA)(a)	$	1.7	$	0.2

(a)   GE sells customer receivables to GECC in part to fund the growth of our industrial businesses. These transactions can result in cash generation or cash use. During any given period, GE receives cash from the sale of receivables to GECC. It also foregoes collection of cash on receivables sold. The incremental amount of cash received from sale of receivables in excess of the cash GE would have otherwise collected had those receivables not been sold, represents the cash generated or used in the period relating to this activity. The incremental cash generated in GE CFOA from selling these receivables to GECC decreased GE CFOA by $0.4 billion and by $1.2 billion in the three months ended March 31, 2014 and 2013, respectively. See Note 17 to the condensed, consolidated financial statements for additional information about the elimination of intercompany transactions between GE and GECC.

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The most significant source of cash in GE CFOA is customer-related activities, the largest of which is collecting cash resulting from product or services sales. GE operating cash collections increased $3.1 billion in the three months ended March 31, 2014. This increase is consistent with comparable GE segment revenue increases from sales of goods and services, higher collections on current receivables and the impact from acquisitions at our Aviation and Oil & Gas businesses. These increases were partially offset by a decrease in progress collections.

The most significant operating use of cash is to pay our suppliers, employees, tax authorities and others for a wide range of material and services. GE operating cash payments increased $2.1 billion in the three months ended March 31, 2014. This increase is consistent with cost and expense increases, increased inventory spend to fulfill commitments and backlog during 2014 and the impact from acquisitions at our Aviation and Oil & Gas businesses. These increases were partially offset by the non-recurrence of 2013 payouts under our long-term incentive plan.

Dividends from GECC, including special dividends, represent the distribution of a portion of GECC retained earnings, and are distinct from cash from continuing operations within the financial services businesses. The amounts included in GE CFOA are the total dividends, including special dividends from excess capital. GECC paid quarterly dividends of $0.5 billion and no special dividends to GE in the three months ended March 31, 2014. There were no dividends paid to GE in the three months ended March 31, 2013.

GE cash used for investing activities was $2.4 billion compared with cash from investing activities of $15.6 billion during the three months ended March 31, 2014 and 2013, respectively. Investing activities decreased $18.0 billion compared with the same period in 2013, primarily due to proceeds of $16.7 billion from the 2013 sale of our remaining 49% common equity interest in NBCU LLC to Comcast Corporation. Additionally, there was increased business acquisition activity of $1.4 billion driven by the 2014 acquisitions of Hyclone and API.

GE cash used for financing activities was $1.3 billion and $9.2 billion for the three months ended March 31, 2014 and 2013, respectively. Cash used for financing activities decreased $7.9 billion compared with the same period in 2013, primarily as a result of our 2013 repayment of $5.0 billion of unsecured notes compared with an issuance of $3.0 billion of unsecured notes in 2014.

GECC Cash Flow

GECC cash from operating activities was $3.2 billion for the three months ended March 31, 2014 and 2013. GECC CFOA was comparable with the same period in 2013, primarily due to a decrease in net cash collateral paid to counterparties on derivative contracts of $1.2 billion, offset with a decrease in cash generated from net earnings in 2014.

GECC cash from investing activities was $6.1 billion and $17.2 billion for the three months ended March 31, 2014 and 2013, respectively. Cash from investing activities decreased $11.2 billion compared with the same period in 2013 primarily due to the 2013 acquisition of MetLife Bank, N.A., resulting in net cash provided of $6.4 billion, lower collections (which includes sales) exceeding originations of financing receivables of $2.3 billion and the payment of our obligation to the buyer of GE Money Japan for $1.7 billion.

GECC cash used for financing activities was $8.9 billion and $13.9 billion for the three months ended March 31, 2014 and 2013, respectively. Cash used for financing activities decreased $5.0 billion compared with the same period in 2013 primarily due to a net increase in deposits at our banks of $4.4 billion and lower net repayments of borrowings of $0.9 billion, consisting primarily of net reductions in long-term borrowings and commercial paper.

GECC paid quarterly dividends of $0.5 billion and no special dividends to GE in the three months ended March 31, 2014. There were no dividends paid to GE in the three months ended March 31, 2013. There were no preferred stock dividends paid in the three months ended March 31, 2014 and 2013.

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LIQUIDITY AND BORROWINGS

We maintain a strong focus on liquidity. At both GE and GECC we manage our liquidity to help provide access to sufficient funding to meet our business needs and financial obligations throughout business cycles.

Our liquidity and borrowing plans for GE and GECC are established within the context of our annual financial and strategic planning processes. At GE, our liquidity and funding plans take into account the liquidity necessary to fund our operating commitments, which include primarily purchase obligations for inventory and equipment, payroll and general expenses (including pension funding). We also take into account our capital allocation and growth objectives, including paying dividends, repurchasing shares, investing in research and development and acquiring industrial businesses. At GE, we rely primarily on cash generated through our operating activities, any dividend payments from GECC, and also have historically maintained a commercial paper program that we regularly use to fund operations in the U.S., principally within fiscal quarters. During the three months ended March 31, 2014, GECC paid quarterly dividends of $0.5 billion to GE.

GECC’s liquidity position is targeted to meet its obligations under both normal and stressed conditions. GECC establishes a funding plan annually that is based on the projected asset size and cash needs of the Company, which, over the past few years, has included our strategy to reduce our ending net investment in GE Capital. GECC relies on a diversified source of funding, including the unsecured term debt markets, the global commercial paper markets, deposits, secured funding, retail funding products, bank borrowings and securitizations to fund its balance sheet, in addition to cash generated through collection of principal, interest and other payments on our existing portfolio of loans and leases to fund its operating and interest expense costs.

Our 2014 GECC funding plan anticipates repayment of principal on outstanding short-term borrowings, including the current portion of long-term debt ($39.2 billion at December 31, 2013), through issuance of long-term debt and reissuance of commercial paper, cash on hand, collections of financing receivables exceeding originations, dispositions, asset sales, and deposits and other alternative sources of funding. Long-term maturities and early redemptions were $9.7 billion in the first quarter of 2014. Interest on borrowings is primarily repaid through interest earned on existing financing receivables. During the first quarter of 2014, GECC earned interest income on financing receivables of $4.6 billion, which more than offset interest and other financial charges of $2.2 billion.

We maintain a detailed liquidity policy for GECC that includes a requirement to maintain a contingency funding plan. The liquidity policy defines GECC’s liquidity risk tolerance under different stress scenarios based on its liquidity sources and also establishes procedures to escalate potential issues. We actively monitor GECC’s access to funding markets and its liquidity profile through tracking external indicators and testing various stress scenarios. The contingency funding plan provides a framework for handling market disruptions and establishes escalation procedures in the event that such events or circumstances arise.

Liquidity Sources

We maintain liquidity sources that consist of cash and equivalents, committed unused credit lines and high-quality, liquid investments.

We had consolidated cash and equivalents of $87.0 billion at March 31, 2014 that were available to meet our needs. Of this, $11.7 billion was held at GE and $75.3 billion was held at GECC.

We had committed, unused credit lines totaling $47.4 billion that were extended to us by 50 financial institutions at March 31, 2014. GECC can borrow up to $47.4 billion under all of these credit lines. GE can borrow up to $15.0 billion under certain of these credit lines. These lines include $26.5 billion of revolving credit agreements under which we can borrow funds for periods exceeding one year. Additionally, $20.9 billion are 364-day lines that contain a term-out feature that allows us to extend borrowings for two years from the date on which such borrowings would otherwise be due.

Cash and equivalents of $57.4 billion at March 31, 2014 were held by non-U.S. subsidiaries. Of this amount, $5.8 billion was indefinitely reinvested. Indefinitely reinvested cash held outside of the U.S. is available to fund operations and other growth of non-U.S. subsidiaries; it is also available to fund our needs in the U.S. on a short-term basis through short-term loans, without being subject to U.S. tax. Under the Internal Revenue Code, these loans are permitted to be outstanding for 30 days or less and the total of all such loans is required to be outstanding for less than 60 days during the year.

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At March 31, 2014, GE cash and equivalents of $2.6 billion were held in countries with currency controls that may restrict the transfer of funds to the U.S. or limit our ability to transfer funds to the U.S. without incurring substantial costs. These funds are available to fund operations and growth in these countries and we do not currently anticipate a need to transfer these funds to the U.S.

At March 31, 2014, GECC cash and equivalents of $14 billion were in regulated banks and insurance entities and were subject to regulatory restrictions.

If we were to repatriate indefinitely reinvested cash held outside the U.S., we would be subject to additional U.S. income taxes and foreign withholding taxes.

Funding Plan

We reduced our GE Capital ending net investment, excluding cash and equivalents, to $374 billion at March 31, 2014.

During the first three months of 2014, GE completed issuances of $3.0 billion of senior unsecured debt with maturities up to 30 years. GECC completed issuances of $5.4 billion of senior unsecured debt (excluding securitizations described below) with maturities up to 20 years. Average commercial paper borrowings for GECC and GE during the first quarter were $27.8 billion and $6.3 billion, respectively, and the maximum amounts of commercial paper borrowings outstanding for GECC and GE during the first quarter were $29.1 billion and $9.5 billion, respectively. GECC commercial paper maturities are funded principally through new commercial paper issuances and at GE are substantially repaid before quarter-end using indefinitely reinvested overseas cash, which as discussed above, is available for use in the U.S. on a short-term basis without being subject to U.S. tax.

We securitize financial assets as an alternative source of funding. During the first three months of 2014, $1.4 billion of non-recourse borrowings matured. At March 31, 2014, consolidated non-recourse securitization borrowings were $28.7 billion.

We have 10 deposit-taking banks outside of the U.S. and two deposit-taking banks in the U.S. – GE Capital Retail Bank, a Federal Savings Bank (FSB), and GE Capital Bank, an industrial bank (IB). The FSB and IB currently issue certificates of deposit (CDs) in maturity terms up to 10 years.

Total alternative funding at March 31, 2014 was $108 billion, composed mainly of $55 billion of bank deposits, $29 billion of non-recourse securitization borrowings, $9 billion of funding secured by real estate, aircraft and other collateral and $9 billion of GE Interest Plus notes. The comparable amount of total alternative funding at December 31, 2013 was $108 billion.

As a matter of general practice, we routinely evaluate the economic impact of calling debt instruments where GECC has the right to exercise a call. In determining whether to call debt, we consider the economic benefit to GECC of calling debt, the effect of calling debt on GECC’s liquidity profile and other factors. We did not call any debt during the first three months of 2014.

Income Maintenance Agreement

GE provides implicit and explicit support to GECC through commitments, capital contributions and operating support. For example, and as discussed below, GE has committed to keep GECC’s ratio of earnings to fixed charges above a minimum level. GECC’s credit rating is higher than it would be on a stand-alone basis as a result of this financial support. GECC currently does not pay GE for this support.

As set forth in Exhibit 99(b) hereto, GECC’s ratio of earnings to fixed charges was 1.91:1 during the three months ended March 31, 2014. For additional information, see the Income Maintenance Agreement section in the Management’s Discussion and Analysis of Financial Condition and Results of Operations in our 2013 consolidated financial statements.

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FINANCIAL SERVICES PORTFOLIO QUALITY

Investment Securities

Investment securities comprise mainly investment-grade debt securities supporting obligations to annuitants, policyholders and holders of guaranteed investment contracts (GICs) in Trinity, and investments held in our CLL business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries.

The fair value of investment securities increased to $45.7 billion at March 31, 2014 from $44.0 billion at December 31, 2013, reflecting higher net unrealized gains in U.S. Corporate and State and Municipal securities driven by lower interest rates in the U.S.

Total pre-tax, other-than-temporary impairment losses during the three months ended March 31, 2014 were an insignificant amount, which was recognized in earnings and primarily related to credit losses on Non U.S. corporate debt securities.

Total pre-tax, other-than-temporary impairment losses during the three months ended March 31, 2013 were $0.3 billion, which was recognized in earnings and primarily related to credit losses on U.S. corporate debt securities.

For additional information, see Note 3 to the condensed, consolidated financial statements.

Financing Receivables

Financing receivables is our largest category of assets and represents one of our primary sources of revenues. Our portfolio of financing receivables is diverse and not directly comparable to major U.S. banks. A discussion of the quality of certain elements of the financing receivables portfolio follows.

Our commercial portfolio primarily comprises senior secured positions with comparatively low loss history. The secured receivables in this portfolio are collateralized by a variety of asset classes, which for our CLL business primarily include: industrial-related facilities and equipment, vehicles, corporate aircraft, and equipment used in many industries, including the construction, manufacturing, transportation, media, communications, entertainment, and healthcare industries. The portfolios in our Real Estate, GECAS and Energy Financial Services businesses are collateralized by commercial real estate, commercial aircraft and operating assets in the global energy and water industries, respectively. We are in a secured position for substantially all of our commercial portfolio.

During the first quarter of 2014, we combined our CLL Europe and CLL Asia portfolios into CLL International and we transferred our CLL Other portfolio to the CLL Americas portfolio. Prior-period amounts were reclassified to conform to the current-period presentation.

Our consumer portfolio is composed primarily of non-U.S. mortgage, sales finance, auto and personal loans in various European and Asian countries and U.S. consumer credit card and sales finance receivables. In 2007, we exited the U.S. mortgage business and we have no U.S. auto or student loans.

Losses on financing receivables are recognized when they are incurred, which requires us to make our best estimate of probable losses inherent in the portfolio. The method for calculating the best estimate of losses depends on the size, type and risk characteristics of the related financing receivable. Such an estimate requires consideration of historical loss experience, adjusted for current conditions, and judgments about the probable effects of relevant observable data, including present economic conditions such as delinquency rates, financial health of specific customers and market sectors, collateral values (including housing price indices as applicable), and the present and expected future levels of interest rates. The underlying assumptions, estimates and assessments we use to provide for losses are updated periodically to reflect our view of current conditions and are subject to the regulatory examinations process, which can result in changes to our assumptions. Changes in such estimates can significantly affect the allowance and provision for losses. It is possible to experience credit losses that are different from our current estimates.

Our risk management process includes standards and policies for reviewing major risk exposures and concentrations, and evaluates relevant data either for individual loans or financing leases, or on a portfolio basis, as appropriate.

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Loans acquired in a business acquisition are recorded at fair value, which incorporates our estimate at the acquisition date of the credit losses over the remaining life of the portfolio. As a result, the allowance for losses is not carried over at acquisition. This may have the effect of causing lower reserve coverage ratios for those portfolios.

For purposes of the discussion that follows, “delinquent” receivables are those that are 30 days or more past due based on their contractual terms. Loans purchased at a discount are initially recorded at fair value and accrete interest income over the estimated life of the loan based on reasonably estimable cash flows even if the underlying loans are contractually delinquent at acquisition. “Nonaccrual” financing receivables are those on which we have stopped accruing interest. We stop accruing interest at the earlier of the time at which collection of an account becomes doubtful or the account becomes 90 days past due, with the exception of consumer credit card accounts, for which we continue to accrue interest until the accounts are written off in the period that the account becomes 180 days past due. Recently restructured financing receivables are not considered delinquent when payments are brought current according to the restructured terms, but may remain classified as nonaccrual until there has been a period of satisfactory payment performance by the borrower and future payments are reasonably assured of collection.

Further information on the determination of the allowance for losses on financing receivables and the credit quality and categorization of our financing receivables is provided in Note 5 to the condensed, consolidated financial statements.

	Financing receivables at				Nonaccrual receivables at					Allowance for losses at
(In millions)	March 31, 2014		December 31, 2013		March 31, 2014			December 31, 2013		March 31, 2014		December 31, 2013
Commercial
CLL
Americas	$	68,367	$	69,036	$	1,239		$	1,275	$	419	$	473
International(a)		46,208		47,431		1,415			1,459		449		505
Total CLL		114,575		116,467		2,654			2,734		868		978
Energy
Financial Services		2,753		3,107		43			4		16		8
GECAS		8,851		9,377		275			-		25		17
Other		139		318		-			6		-		2
Total Commercial		126,318		129,269		2,972			2,744		909		1,005
Real Estate		20,236		19,899		2,383			2,551		175		192
Consumer
Non-U.S. residential
mortgages(b)		30,355		30,501		2,140			2,161		336		358
Non-U.S. installment
and revolving credit		13,715		13,677		73			88		588		594
U.S. installment
and revolving credit		52,887		55,854		2			2		2,947		2,823
Non-U.S. auto		1,957		2,054		16			18		61		56
Other		6,918		6,953		335			351		128		150
Total Consumer		105,832		109,039		2,566			2,620		4,060		3,981
Total	$	252,386	$	258,207	$	7,921	(c)	$	7,915	$	5,144	$	5,178

(a)   Write-offs to net realizable value are recognized against the allowance for losses primarily in the reporting period in which management has deemed all or a portion of the financing receivable to be uncollectible, but not later than 360 days after initial recognition of a specific reserve for a collateral dependent loan. In accordance with regulatory standards that are applicable in Italy, commercial loans are considered uncollectible when there is demonstrable evidence of the debtor’s insolvency, which may result in write-offs occurring beyond 360 days after initial recognition of a specific resere.

(b)   Included financing receivables of $12,096 million and $12,025 million, nonaccrual receivables of $872 million and $901 million and allowance for losses of $100 million and $100 million at March 31, 2014 and December 31, 2013, respectively, primarily related to loans, net of credit insurance, whose terms permitted interest-only payments and high loan-to-value ratios at inception (greater than 90%). At origination, we underwrite loans with an adjustable rate to the reset value. Of these loans, about 84% are in our U.K. and France portfolios, which comprise mainly loans with interest-only payments, high loan-to-value ratios at inception and introductory below market rates, have a delinquency rate of 14%, have a loan-to-value ratio at origination of 82% and have re-indexed loan-to-value ratios of 82% and 65%, respectively. Re-indexed loan-to-value ratios may not reflect actual realizable values of future repossessions. At March 31, 2014, 11% (based on dollar values) of these loans in our U.K. and France portfolios have been restructured.

(c)   Of our $7.9 billion nonaccrual loans of March 31, 2014, $4.0 billion are currently paying in accordance with the contractual terms.

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The portfolio of financing receivables, before allowance for losses, was $252.4 billion at March 31, 2014, and $258.2 billion at December 31, 2013. Financing receivables, before allowance for losses, decreased $5.8 billion from December 31, 2013, primarily as a result of collections (which includes sales) exceeding originations ($4.0 billion) and write-offs ($1.3 billion), partially offset by the weaker U.S. dollar ($0.9 billion).

Related nonaccrual receivables totaled $7.9 billion (3.1% of outstanding receivables) at both March 31, 2014 and December 31, 2013. Nonaccrual receivables remained constant reflecting new exposures in our GECAS portfolio offset by decreases in Real Estate and CLL, primarily due to payoffs and collections.

The allowance for losses at March 31, 2014 totaled $5.1 billion compared with $5.2 billion at December 31, 2013, representing our best estimate of probable losses inherent in the portfolio. Allowance for losses decreased less than $0.1 billion from December 31, 2013, primarily because write-offs, net of recoveries were higher than provisions by $0.1 billion, which is attributable to a decrease in our Commercial and Real Estate allowance for losses as a result of write-offs and resolutions, partially offset by an increase in provisions in our Consumer U.S. installment and revolving portfolio. The allowance for losses as a percent of total financing receivables remained constant at 2.0% at March 31, 2014 reflecting a decrease in both the allowance for losses and the overall financing receivables as discussed above. Further information surrounding the allowance for losses related to each of our portfolios is detailed below.

Selected Ratios Related to Nonaccrual Financing Receivables and the Allowance for Losses

	Nonaccrual financing receivables				Allowance for losses				Allowance for losses
	as a percent of				as a percent of				as a percent of
	total financing receivables at				nonaccrual financing receivables at				total financing receivables at
	March 31, 2014		December 31, 2013		March 31, 2014		December 31, 2013		March 31, 2014		December 31, 2013
Commercial
CLL
Americas	1.8	%	1.8	%	33.8	%	37.1	%	0.6	%	0.7	%
International	3.1		3.1		31.7		34.6		1.0		1.1
Total CLL	2.3		2.3		32.7		35.8		0.8		0.8
Energy Financial
Services	1.6		0.1		37.2		200.0		0.6		0.3
GECAS	3.1		–		9.1		–		0.3		0.2
Other	–		1.9		–		33.3		–		0.6
Total Commercial	2.4		2.1		30.6		36.6		0.7		0.8
Real Estate	11.8		12.8		7.3		7.5		0.9		1.0
Consumer
Non-U.S. residential
mortgages(a)	7.0		7.1		15.7		16.6		1.1		1.2
Non-U.S. installment
and revolving credit	0.5		0.6		805.5		675.0		4.3		4.3
U.S. installment and
revolving credit	–		–		(b)		(b)		5.6		5.1
Non-U.S. auto	0.8		0.9		381.3		311.1		3.1		2.7
Other	4.8		5.0		38.2		42.7		1.9		2.2
Total Consumer	2.4		2.4		158.2		151.9		3.8		3.7
Total	3.1		3.1		64.9		65.4		2.0		2.0

(a)   Included nonaccrual financing receivables as a percent of financing receivables of 7.2% and 7.5%, allowance for losses as a percent of nonaccrual receivables of 11.5% and 11.1% and allowance for losses as a percent of total financing receivables of 0.8% and 0.8% at March 31, 2014 and December 31, 2013, respectively, primarily related to loans, net of credit insurance, whose terms permitted interest-only payments and high loan-to-value ratios at inception (greater than 90%). Compared to the overall Non-U.S. residential mortgage loan portfolio, the ratio of allowance for losses as a percent of nonaccrual financing receivables for these loans is lower, driven primarily by the higher mix of such products in the U.K. and France portfolios and as a result of the better performance and collateral realization experience in these markets.

(b)   Not meaningful.

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Included below is a discussion of financing receivables, allowance for losses, nonaccrual receivables and related metrics for each of our significant portfolios.

CLL – Americas. Nonaccrual receivables of $1.2 billion represented 15.6% of total nonaccrual receivables at March 31, 2014. The ratio of allowance for losses as a percent of nonaccrual receivables decreased from 37.1% at December 31, 2013, to 33.8% at March 31, 2014, reflecting write-offs on previously impaired accounts. The ratio of nonaccrual receivables as a percent of financing receivables remained constant at 1.8% at March 31, 2014 reflecting decreased nonaccrual exposures in our industrial materials and media portfolios, partially offset by our transportation and healthcare equipment portfolios. Collateral supporting these nonaccrual financing receivables primarily includes assets in the restaurant and hospitality, trucking and industrial equipment industries and corporate aircraft, and for our leveraged finance business, equity of the underlying businesses.

CLL – International.Nonaccrual receivables of $1.4 billion represented 17.9% of total nonaccrual receivables at March 31, 2014. The ratio of allowance for losses as a percent of nonaccrual receivables decreased from 34.6% at December 31, 2013 to 31.7% at March 31, 2014, reflecting a decrease in nonaccrual receivables and allowance for losses in our Interbanca S.p.A. portfolio primarily as a result of write-offs. About 45% of our CLL – International nonaccrual receivables are attributable to the Interbanca S.p.A. portfolio, which was acquired in 2009. The loans acquired with Interbanca S.p.A. were recorded at fair value, which incorporates an estimate at the acquisition date of credit losses over their remaining life. Accordingly, these loans generally have a lower ratio of allowance for losses as a percent of nonaccrual receivables compared to the remaining portfolio. Excluding the nonaccrual loans attributable to the 2009 acquisition of Interbanca S.p.A., the ratio of allowance for losses as a percent of nonaccrual receivables decreased from 42.2% at December 31, 2013, to 37.8% at March 31, 2014, primarily due to an increase in nonaccrual receivables in Australia. The ratio of nonaccrual receivables as a percent of financing receivables remained constant at 3.1% at March 31, 2014. Collateral supporting these secured nonaccrual financing receivables are primarily equity of the underlying businesses, purchased receivables, commercial real estate, manufacturing and other equipment, and corporate aircraft.

Real Estate. Nonaccrual receivables of $2.4 billion represented 30.1% of total nonaccrual receivables at March 31, 2014. The decrease in nonaccrual receivables from December 31, 2013, was primarily due to the resolution of North American office, multi-family and hotel nonaccrual loans, as well as Asian office and European retail nonaccrual loans through payoffs and collections, foreclosures and write-offs. The ratio of allowance for losses as a percent of nonaccrual receivables decreased from 7.5% to 7.3% reflecting a decrease in the allowance for losses and a decrease in nonaccrual loans as mentioned above. The ratio of allowance for losses as a percent of total financing receivables decreased from 1.0% at December 31, 2013 to 0.9% at March 31, 2014, driven primarily by the reduction in overall reserves due to improving market conditions and new loan originations in 2014.

The Real Estate financing receivables portfolio is collateralized by income-producing or owner-occupied commercial properties across a variety of asset classes and markets. At March 31, 2014, total Real Estate financing receivables of $20.2 billion were primarily collateralized by office buildings ($5.9 billion), apartment buildings ($3.4 billion), retail facilities ($2.9 billion), warehouse properties ($2.7 billion) and hotel properties ($2.2 billion). In 2014, commercial real estate markets continue to show signs of improved stability and liquidity in certain markets; however, the pace of improvement varies significantly by asset class and market and the long-term outlook remains uncertain. We have and continue to maintain an intense focus on operations and risk management. Loan loss reserves related to our Real Estate–Debt financing receivables are particularly sensitive to declines in underlying property values. Estimating the impact of global property values on loss performance across our portfolio depends on a number of factors, including macroeconomic conditions, property level operating performance, local market dynamics and individual borrower behavior. As a result, any attempts to forecast potential losses carry a high degree of imprecision and are subject to change. At March 31, 2014, we had 117 foreclosed commercial real estate properties totaling $1.0 billion.

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Consumer − Non-U.S. residential mortgages. Nonaccrual receivables of $2.1 billion represented 27.0% of total nonaccrual receivables at March 31, 2014. The ratio of allowance for losses as a percent of nonaccrual receivables decreased from 16.6% at December 31, 2013, to 15.7% at March 31, 2014, as a result of lower allowance for losses due to improved collections and higher property values primarily in our U.K. portfolio. Our non-U.S. mortgage portfolio has a loan-to-value ratio of approximately 75% at origination and the vast majority are first lien positions. Our U.K. and France portfolios, which comprise a majority of our total mortgage portfolio, have reindexed loan-to-value ratios of 74% and 56%, respectively, and about 8% of these loans are without mortgage insurance and have a reindexed loan-to-value ratio equal to or greater than 100%. Re-indexed loan-to-value ratios may not reflect actual realizable values of future repossessions.Loan-to-value information is updated on a quarterly basis for a majority of our loans and considers economic factors such as the housing price index. At March 31, 2014, we had in repossession stock 379 houses in the U.K., which had a value of less than $0.1 billion. The ratio of nonaccrual receivables as a percent of financing receivables decreased from 7.1% at December 31, 2013 to 7.0% at March 31, 2014 for the reasons described above.

Consumer − Non-U.S. installment and revolving credit. Nonaccrual receivables of $0.1 billion represented 0.9% of total nonaccrual receivables at March 31, 2014. The ratio of allowance for losses as a percent of financing receivables remained constant at 4.3% at March 31, 2014, reflecting relatively stable portfolio quality across all countries.

Consumer − U.S. installment and revolving credit. The ratio of allowance for losses as a percent of financing receivables increased from 5.1% at December 31, 2013 to 5.6% at March 31, 2014, reflecting an increase in the projected net write-offs over the next 12 months.

Impaired Loans

“Impaired” loans in the table below are defined as larger-balance or restructured loans for which it is probable that the lender will be unable to collect all amounts due according to original contractual terms of the loan agreement. The vast majority of our Consumer and a portion of our CLL nonaccrual receivables are excluded from this definition, as they represent smaller-balance homogeneous loans that we evaluate collectively by portfolio for impairment.

Impaired loans include nonaccrual receivables on larger-balance or restructured loans, loans that are currently paying interest under the cash basis (but are excluded from the nonaccrual category), and loans paying currently that had been previously restructured.

Specific reserves are recorded for individually impaired loans to the extent we have determined that it is probable that we will be unable to collect all amounts due according to original contractual terms of the loan agreement. Certain loans classified as impaired may not require a reserve because we believe that we will ultimately collect the unpaid balance (through collection or collateral repossession).

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Loans Classified as Impaired and Specific Reserves
(In millions)	March 31, 2014		December 31, 2013
Loans requiring allowance for losses
Commercial(a)	$	950	$	1,116
Real Estate		737		1,245
Consumer		2,836		2,879
Total loans requiring allowance for losses		4,523		5,240
Loans expected to be fully recoverable
Commercial(a)		3,024		2,776
Real Estate		2,925		2,615
Consumer		132		109
Total loans expected to be fully recoverable		6,081		5,500
Total impaired loans	$	10,604	$	10,740
Allowance for losses (specific reserves)
Commercial(a)	$	229	$	328
Real Estate		53		74
Consumer		560		567
Total allowance for losses (specific reserves)	$	842	$	969
Average investment during the period	$	10,671	$	12,347
Interest income earned while impaired(b)		122		626

(a)   Includes CLL, Energy Financial Services, GECAS and Other.

(b) Recognized principally on an accrual basis.

We regularly review our Real Estate loans for impairment using both quantitative and qualitative factors, such as debt service coverage and loan-to-value ratios. We evaluate a Real Estate loan for impairment when the most recent valuation reflects a projected loan-to-value ratio at maturity in excess of 100%, even if the loan is currently paying in accordance with its contractual terms.

Of our $3.7 billion of impaired loans at Real Estate at March 31, 2014, $3.5 billion are currently paying in accordance with the contractual terms of the loan and are typically loans where the borrower has adequate debt service coverage to meet contractual interest obligations. Impaired loans at CLL primarily represent senior secured lending positions.

Impaired Loan Balance Classified by the Method Used To Measure Impairment

(In millions)	March 31, 2014		December 31, 2013
Discounted cash flow	$	5,047	$	5,558
Collateral value		5,557		5,182
Total	$	10,604	$	10,740

Our loss mitigation strategy is intended to minimize economic loss and, at times, can result in rate reductions, principal forgiveness, extensions, forbearance or other actions, which may cause the related loan to be classified as a troubled debt restructuring (TDR), and also as impaired. Changes to Real Estate’s loans primarily include forbearance, maturity extensions and changes to collateral or covenant terms or other actions, which are in addition to, or sometimes in lieu of, fees and rate increases. The determination of whether these changes to the terms and conditions of our commercial loans meet the TDR criteria includes our consideration of all relevant facts and circumstances. At March 31, 2014, TDRs included in impaired loans were $9.2 billion, primarily relating to Real Estate ($3.5 billion), CLL ($2.9 billion) and Consumer ($2.8 billion).

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Real Estate TDRs decreased from $3.6 billion at December 31, 2013 to $3.5 billion at March 31, 2014, primarily driven by resolution of TDRs through paydowns. For borrowers with demonstrated operating capabilities, we work to restructure loans when the cash flow and projected value of the underlying collateral support repayment over the modified term. We deem loan modifications to be TDRs when we have granted a concession to a borrower experiencing financial difficulty and we do not receive adequate compensation in the form of an effective interest rate that is at current market rates of interest given the risk characteristics of the loan or other consideration that compensates us for the value of the concession. For the three months ended March 31, 2014, we modified $0.4 billion of loans classified as TDRs, substantially all in our Debt portfolio. Changes to these loans primarily included forbearance, maturity extensions and changes to collateral or covenant terms or other actions, which are in addition to, or sometimes in lieu of, fees and rate increases. The limited liquidity and higher return requirements in the real estate market for loans with higher loan-to-value (LTV) ratios have typically resulted in the conclusion that the modified terms are not at current market rates of interest, even if the modified loans are expected to be fully recoverable. We received the same or additional compensation in the form of rate increases and fees for the majority of these TDRs. Of our $1.6 billion and $3.6 billion of modifications classified as TDRs in the last 12 months ended March 31, 2014 and 2013, respectively, less than $0.1 billion and $0.2 billion have subsequently experienced a payment default in the three months ended March, 31, 2014 and 2013, respectively.

The substantial majority of the Real Estate TDRs have reserves determined based upon collateral value. Our specific reserves on Real Estate TDRs were $0.1 billion at March 31, 2014 and $0.1 billion at December 31, 2013, and were 1.5% and 1.9%, respectively, of Real Estate TDRs. In many situations these loans did not require a specific reserve as collateral value adequately covered our recorded investment in the loan. While these modified loans had adequate collateral coverage, we were still required to complete our TDR classification evaluation on each of the modifications without regard to collateral adequacy.

We utilize certain short-term (three months or less) loan modification programs for borrowers experiencing temporary financial difficulties in our Consumer loan portfolio. These loan modification programs are primarily concentrated in our non-U.S. residential mortgage and non-U.S. installment and revolving portfolios. We sold our U.S. residential mortgage business in 2007 and, as such, do not participate in the U.S. government-sponsored mortgage modification programs. For the three months ended March 31, 2014, we provided short-term modifications of less than $0.1 billion of consumer loans for borrowers experiencing financial difficulties, substantially all in our non-U.S. residential mortgage, credit card and personal loan portfolios, which are not classified as TDRs. For these modified loans, we provided insignificant interest rate reductions and payment deferrals, which were not part of the terms of the original contract. We expect borrowers whose loans have been modified under these short-term programs to continue to be able to meet their contractual obligations upon the conclusion of the short-term modification. In addition, we have modified $0.3 billion of Consumer loans for the three months ended March 31, 2014, which are classified as TDRs. Further information on Consumer impaired loans is provided in Note 5 to the condensed, consolidated financial statements.

Delinquencies

For additional information on delinquency rates at each of our major portfolios, see Note 5 to the condensed, consolidated financial statements.

All Other Assets

All other assets comprises mainly real estate equity properties and investments, equity and cost method investments, derivative instruments and assets held for sale, and totaled $47.2 billion at March 31, 2014, a decrease of $0.2 billion, primarily related to the sale of certain held-for-sale real estate and aircraft ($1.9 billion), net loan repayments from our equity method investments ($0.5 billion) and the sale of certain real estate investments ($0.3 billion), partially offset by a net increase in assets held-for-sale ($2.7 billion). During the three months ended March 31, 2014, we recognized $0.2 billion of other-than-temporary impairments of cost and equity method investments, excluding those related to real estate.

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Included in other assets are Real Estate equity investments of $13.6 billion and $13.7 billion and Real Estate equity assets classified as held for sale of an insignificant amount and $0.7 billion at March 31, 2014 and December 31, 2013, respectively. Our portfolio is diversified, both geographically and by asset type. We review the estimated values of our commercial real estate investments at least annually, or more frequently as conditions warrant. Commercial real estate valuations have shown signs of improved stability and liquidity in certain markets, primarily in the U.S.; however, the pace of improvement varies significantly by asset class and market. Accordingly, there continues to be risk and uncertainty surrounding commercial real estate values. Declines in estimated value of real estate below carrying amount result in impairment losses when the aggregate undiscounted cash flow estimates used in the estimated value measurement are below the carrying amount. As such, estimated losses in the portfolio will not necessarily result in recognized impairment losses. During the three months ended March 31, 2014, Real Estate recognized pre-tax impairments of an insignificant amount in its real estate held for investment. Real Estate investments with undiscounted cash flows in excess of carrying value of 0% to 5% at March 31, 2014 had a carrying value of $0.3 billion and an associated estimated unrealized loss of an insignificant amount. Continued deterioration in economic conditions or prolonged market illiquidity may result in further impairments being recognized.

FOREIGN EXPOSURE

GECC Selected European Exposures

At March 31, 2014, we had $79.6 billion in financing receivables to consumer and commercial customers in Europe. The GECC financing receivables portfolio in Europe is well diversified across European geographies and customers. Approximately 89% of the portfolio is secured by collateral and represents approximately 500,000 commercial customers. Several European countries, including Spain, Portugal, Ireland, Italy, Greece and Hungary (focus countries), have been subject to credit deterioration due to weaknesses in their economic and fiscal situations. The carrying value of GECC funded exposures in these focus countries and in the rest of Europe comprised the following at March 31, 2014.

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													Rest of		Total
March 31, 2014 (In millions)	Spain		Portugal		Ireland		Italy		Greece		Hungary		Europe		Europe
Financing receivables, before allowance
for losses on financing receivables	$	1,513	$	253	$	291	$	6,665	$	5	$	2,882	$	69,131	$	80,740
Allowance for losses on
financing receivables		(100)		(19)		(3)		(206)		-		(72)		(784)		(1,184)
Financing receivables, net of allowance
for losses on financing receivables(a)(b)		1,413		234		288		6,459		5		2,810		68,347		79,556
Investments(c)(d)		3		-		-		465		-		104		2,130		2,702
Cost and equity method investments(e)		310		-		451		57		35		-		1,739		2,592
Derivatives, net of collateral(c)(f)		2		-		-		63		-		-		101		166
ELTO(g)		431		113		466		739		239		324		9,058		11,370
Real estate held for investment(g)		790		-		-		424		-		-		4,228		5,442
Total funded exposures(h)(i)	$	2,949	$	347	$	1,205	$	8,207	$	279	$	3,238	$	85,603	$	101,828
Unfunded commitments(j)	$	16	$	7	$	130	$	194	$	3	$	812	$	6,165	$	7,327

(a)   Financing receivable amounts are classified based on the location or nature of the related obligor.

(b)   Substantially all relates to non-sovereign obligors. Includes residential mortgage loans of approximately $30.1 billion before consideration of purchased credit protection. We have third-party mortgage insurance for less than 10% of these residential mortgage loans, which were primarily originated in France and the U.K.

(c)   Investments and derivatives are classified based on the location of the parent of the obligor or issuer.

(d)   Includes $0.8 billion related to financial institutions, $0.3 billion related to non-financial institutions and $1.6 billion related to sovereign issuers. Sovereign issuances totaled $0.1 billion and $0.1 billion related to Italy and Hungary, respectively. We held no investments issued by sovereign entities in the other focus countries.

(e)   Substantially all is non-sovereign.

(f)   Net of cash collateral; entire amount is non-sovereign.

(g)   These assets are held under long-term investment and operating strategies, and our ELTO strategies contemplate an ability to redeploy assets under lease should default by the lessee occur. The values of these assets could be subject to decline or impairment in the current environment.

(h)   Excludes $39.7 billion of cash and equivalents, which is composed of $22.6 billion of cash on short-term placement with highly rated global financial institutions based in Europe, sovereign central banks and agencies or supranational entities, of which $1.4 billion is in focus countries, and $17.1 billion of cash and equivalents placed with highly rated European financial institutions on a short-term basis, secured by U.S. Treasury securities ($9.0 billion) and sovereign bonds of non-focus countries ($8.1 billion), where the value of our collateral exceeds the amount of our cash exposure.

(i)   Rest of Europe included $2.0 billion and $0.2 billion of exposure for Russia and Ukraine, respectively, substantially all ELTO and financing receivables related to commercial aircraft in our GECAS portfolio.

(j)   Includes ordinary course of business lending commitments, commercial and consumer unused revolving credit lines, inventory financing arrangements and investment commitments.

We manage counterparty exposure, including credit risk, on an individual counterparty basis. We place defined risk limits around each obligor and review our risk exposure on the basis of both the primary and parent obligor, as well as the issuer of securities held as collateral. These limits are adjusted on an ongoing basis based on our continuing assessment of the credit risk of the obligor or issuer. In setting our counterparty risk limits, we focus on high-quality credits and diversification through spread of risk in an effort to actively manage our overall exposure. We actively monitor each exposure against these limits and take appropriate action when we believe that risk limits have been exceeded or there are excess risk concentrations. Our collateral position and ability to work out problem accounts have historically mitigated our actual loss experience. Delinquency experience has been relatively stable in our European commercial and consumer platforms in the aggregate, and we actively monitor and take action to reduce exposures where appropriate. Uncertainties surrounding European markets could have an impact on the judgments and estimates used in determining the carrying value of these assets.

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Other

Recent developments in Venezuela have created uncertainty related to the determination of the appropriate exchange rate for remeasurement of bolivar-denominated monetary assets and liabilities into US dollars. Two alternative exchange rate mechanisms have been introduced (SICAD1 and SICAD2) in addition to the official exchange rate mechanism maintained by the government of Venezuela, which we currently use to remeasure our bolivar-denominated net monetary assets. The government also administers these new exchange rate mechanisms but has permitted only limited transaction volumes to date. We continue to monitor the evolving situation in Venezuela and, in future reporting periods, will reevaluate the determination of the appropriate exchange rate for remeasurement in light of current developments related to these alternative exchange rate mechanisms. Net monetary assets subject to remeasurement were approximately $120 million at March 31, 2014.

In light of recent events involving Russia and Ukraine, we continue to monitor the economic and operating environment in these regions closely. We conduct operations in both Russia and Ukraine; however, we currently derive less than 1% of our consolidated revenues from the two countries. While we consider Russia to be a key growth market for us, our operations in Russia and Ukraine are not significant in relation to our consolidated results of operations or financial position.

REGULATIONS AND SUPERVISION

GECC is a regulated savings and loan holding company under U.S. law and became subject to Federal Reserve Board (FRB) supervision on July 21, 2011, the one-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA). In addition, on July 8, 2013, the U.S. Financial Stability Oversight Council (FSOC) designated GECC as a nonbank systemically important financial institution (nonbank SIFI) under the DFA. Many of the rulemakings for supervision of nonbank SIFIs are not final and therefore the exact impact and implementation date remain uncertain. GECC continues to plan for the enhanced prudential standards that will apply to nonbank SIFIs. These DFA rulemakings will require, among other items, enhanced capital and liquidity levels, compliance with the comprehensive capital analysis and review regulations (CCAR), compliance with counterparty credit exposure limits, and the development of a resolution plan for submission to regulators.

GE is also subject to the Volcker Rule, which U.S. regulators finalized on December 10, 2013. The rule prohibits companies that are affiliated with U.S. insured depository institutions from engaging in “proprietary trading” or acquiring or retaining ownership interest in, or sponsoring or engaging in certain transactions with, a “hedge fund” or a “private equity fund.” Proprietary trading and fund investing, as prohibited by the rule, are not core activities for GE, but GE is assessing the full impact of the rule, in anticipation of full conformance with the rule, as required by July 21, 2015.

In July 2013, the FRB finalized regulations to revise and replace its current rules on capital adequacy and to extend capital regulations to savings and loan holding companies like GECC. Under the final rules, the standardized approach for calculating capital could apply to GECC, in its capacity as a savings and loan holding company, as early as January 1, 2015. However, that timing could change once nonbank SIFI rules are finalized. GECC will ultimately also become subject to the Basel III advanced capital rules that will be applicable to institutions with $250 billion or more in assets. Initial actions required for compliance with the advanced capital rules, including building out the necessary systems and models, will begin once GECC is subject to regulatory capital rules. However, full implementation will take several years to complete.

The FRB has also indicated that they will require nonbank SIFIs to submit annual capital plans for review, including institutions’ plans to make capital distributions, such as dividend payments. The applicability and timing of this requirement to GECC is not yet determined. While GECC is not yet subject to this regulation, GECC’s capital allocation planning remains subject to FRB review as a savings and loan holding company.

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GECC undertakes an annual review of its capital adequacy prior to establishing a plan for dividends to its parent, GE. This review is based on a forward-looking assessment of GECC’s material enterprise risks and involves the consideration of a number of factors. This analysis also includes an assessment of GECC’s capital and liquidity levels, as well as incorporating risk management and governance considerations. The most recent capital adequacy review was approved by the GECC board of directors and the GE Board of Directors Risk Committee in 2014. While a savings and loan holding company and nonbank SIFI like GECC is currently not required to obtain FRB approval to pay a dividend, it may not, under FRB regulations, conduct its operations in an unsafe or unsound manner. The FRB has articulated factors that it expects boards of directors of bank holding companies and savings and loan holding companies to consider in determining whether to pay a dividend.

The company is making the following disclosure pursuant to Section 13(r) of the Securities Exchange Act of 1934.

GE Money Bank, Czech Republic (GEMB CZ) is a full-service retail bank in the Czech Republic and a subsidiary of General Electric Capital Corporation. GEMB CZ maintains a $7.5 million line of credit and three cash accounts for DF DeutscheForfait s.r.o., a Czech company (DF Sub), which purchases receivables from imports and exports in Central and Eastern Europe. DF Sub is a subsidiary of DF Deutsche Forfait AG, a German company (DF Parent). On February 6, 2014, DF Parent was added to the specially designated nationals and blocked persons (SDN List) of the Office of Foreign Assets Control (OFAC) pursuant to E.O. 13382. The accounts at GEMB CZ for DF Sub pre-date this designation. Following the designation, GEMB CZ terminated its relationship with DF Sub. We believe that the transactions with DF Sub were permissible and do not violate U.S. law.

 

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

There have been no significant changes to our market risk since December 31, 2013. For a discussion of our exposure to market risk, refer to Part II, Item 7A. “Quantitative and Qualitative Disclosures about Market Risk,” contained in our Annual Report on Form 10-K for the year ended December 31, 2013.

ITEM 4. CONTROLS AND PROCEDURES.

Under the direction of our Chief Executive Officer and Chief Financial Officer, we evaluated our disclosure controls and procedures and internal control over financial reporting and concluded that (i) our disclosure controls and procedures were effective as of March 31, 2014, and (ii) no change in internal control over financial reporting occurred during the quarter ended March 31, 2014, that has materially affected, or is reasonably likely to materially affect, such internal control over financial reporting.

PART II. OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

The following information supplements and amends our discussion set forth under Part I, Item 3 “Legal Proceedings” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013.

There are 14 lawsuits relating to pending mortgage loan repurchase claims in which WMC, our U.S. mortgage business that we sold in 2007, is a party. The adverse parties in these cases are securitization trustees or parties claiming to act on their behalf. While the alleged claims for relief vary from case to case, the complaints and counterclaims in these actions generally assert claims for breach of contract, indemnification, and/or declaratory judgment, and seek specific performance (repurchase) and/or monetary damages. Beginning in the fourth quarter 2013, WMC entered into settlements that reduced its exposure on claims asserted in certain securitizations, and the claim amounts reported herein reflect the effect of these settlements.

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Five WMC cases are pending in the United States District Court for the District of Connecticut. Four of these cases were initiated in 2012, and one was initiated in the third quarter 2013. Deutsche Bank National Trust Company (Deutsche Bank) is the adverse party in four cases, and Law Debenture Trust Company of New York (Law Debenture) is the adverse party in one case. The Deutsche Bank complaints assert claims on approximately $2,800 million of mortgage loans and seek to recover damages in excess of approximately $1,800 million. The Law Debenture complaint asserts claims on approximately $800 million of mortgage loans, and alleges losses on these loans in excess of approximately $425 million. On March 31, 2014, the District Court denied WMC’s motions to dismiss these cases.

Four WMC cases are pending in the United States District Court for the District of Minnesota against US Bank National Association (US Bank), one of which was initiated by WMC seeking declaratory judgment. Three of these cases were filed in 2012, and one was filed in 2011. The Minnesota cases involve claims on approximately $800 million of mortgage loans and do not specify the amount of damages sought. In September 2013, the District Court granted in part and denied in part WMC’s motions to dismiss or for summary judgment in these cases.

Three cases are pending against WMC in New York State Supreme Court, all of which were initiated by securitization trustees or securities administrators. These cases involve, in the aggregate, claims involving approximately $3,600 million of mortgage loans. One of these lawsuits was initiated by Deutsche Bank in the second quarter 2013 and names as defendants WMC and Barclays Bank PLC. It involves claims against WMC on approximately $1,000 million of mortgage loans and does not specify the amount of damages sought. The second case, in which the plaintiff is The Bank of New York Mellon (BNY), was initiated in the fourth quarter 2012 and names as defendants WMC, J.P. Morgan Mortgage Acquisition Corporation and JPMorgan Chase Bank, N.A. BNY asserts claims on approximately $1,300 million of mortgage loans, and seeks to recover damages in excess of $650 million. The third case was initiated by BNY in November 2013 and names as defendants WMC, J.P. Morgan Mortgage Acquisition Corporation and JPMorgan Chase Bank, N.A. In this case, BNY asserts claims on approximately $1,300 million of mortgage loans, and seeks to recover damages in excess of $600 million.

Two cases are pending against WMC in the United States District Court for the Southern District of New York. One case, in which the plaintiff is BNY, was filed in the third quarter 2012. In the second quarter 2013, BNY filed an amended complaint in which it asserts claims on approximately $900 million of mortgage loans, and seeks to recover damages in excess of $378 million. In September 2013, the District Court denied WMC’s motion to dismiss. The second case was initiated by the Federal Housing Finance Agency (FHFA), which filed a summons with notice in the fourth quarter 2012. In the second quarter 2013, Deutsche Bank, in its role as securitization trustee of the trust at issue in the case, intervened as a plaintiff and filed a complaint relating to approximately $1,300 million of loans and alleging losses in excess of approximately $100 million. In December 2013, the District Court issued an order denying WMC’s motion to dismiss.

The amounts of the claims at issue in these cases (discussed above) reflect the purchase price or unpaid principal balances of the mortgage loans at issue at the time of purchase and do not give effect to pay downs, accrued interest or fees, or potential recoveries based upon the underlying collateral. All of the mortgage loans involved in these lawsuits are included in WMC’s reported claims at March 31, 2014.

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ITEM 2. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS.

									Approximate
									dollar value
						Total number			of shares that
						of shares			may yet be
						purchased			purchased
						as part of			under our
	Total number			Average		our share			share
	of shares			price paid		repurchase			repurchase
Period(a)	purchased		(a)(b)	per share		program	(a)(c)		program
(Shares in thousands)
2014
January		35,619		$	25.96	35,548
February		8,729		$	24.97	8,667
March		2,604		$	25.61	2,543
Total		46,952		$	25.76	46,758		$	11.1	billion

(a) Information is presented on a fiscal calendar basis, consistent with our quarterly financial reporting.

(b) This category includes 194 thousand shares repurchased from our various benefit plans.

(c) Shares are repurchased through the 2007 GE Share Repurchase Program (the Program). As of December 31, 2013, we were authorized to repurchase up to $35 billion of our common stock through 2015 and we had repurchased a total of approximately $22.7 billion under the Program. The Program is flexible and shares are acquired with a combination of borrowings and free cash flow from the public markets and other sources, including GE Stock Direct, a stock purchase plan that is available to the public.

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ITEM 6. Exhibits.

Exhibit 10(a)	Form of Agreement for Annual Restricted Stock Unit Grants to Executive Officers under the General Electric Company 2007 Long-term Incentive Plan, as amended February 7, 2014.
Exhibit 10(b)	Form of Agreement for Periodic Restricted Stock Unit Grants to Executive Officers under the General Electric Company 2007 Long-term Incentive Plan, as amended February 7, 2014.
Exhibit 11 Exhibit 12	Computation of Per Share Earnings.* Computation of Ratio of Earnings to Fixed Charges.
Exhibit 31(a)	Certification Pursuant to Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended.
Exhibit 31(b)	Certification Pursuant to Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended.
Exhibit 32	Certification Pursuant to 18 U.S.C. Section 1350.
Exhibit 99(a)	Financial Measures That Supplement Generally Accepted Accounting Principles.
Exhibit 99(b)	Computation of Ratio of Earnings to Fixed Charges (Incorporated by reference to Exhibit 12 to General Electric Capital Corporation’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2014 (Commission file number 001-06461)).
Exhibit 101	The following materials from General Electric Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2014, formatted in XBRL (eXtensible Business Reporting Language); (i) Condensed Statement of Earnings for the three months ended March 31, 2014 and 2013, (ii) Condensed, Consolidated Statement of Comprehensive Income for the three months ended March 31, 2014 and 2013, (iii) Condensed, Consolidated Statement of Changes in Shareowners’ Equity for the three months ended March 31, 2014 and 2013, (iv) Condensed Statement of Financial Position at March 31, 2014 and December 31, 2013, (v) Condensed Statement of Cash Flows for the three months ended March 31, 2014 and 2013, and (vi) Notes to Condensed, Consolidated Financial Statements.
	*	Data required by Financial Accounting Standards Board Accounting Standards Codification 260, Earnings Per Share, is provided in Note 13 to the Condensed, Consolidated Financial Statements in this Report.

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	General Electric Company (Registrant)
May 9, 2014	/s/ Jan R. Hauser
Date	Jan R. Hauser Vice President and Controller Duly Authorized Officer and Principal Accounting Officer

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EX-10.A

Exhibit 10(a)

Restricted Stock Unit Grant Agreement

Annual Grants

1.   Grant. The Management Development and Compensation Committee (“Committee”) of the Board of Directors of General Electric Company (“Company”) has granted Restricted Stock Units, from time to time with Dividend Equivalents as the Committee may determine (“RSUs”), to the individual named in this Grant Agreement (“Grantee”). Each RSU entitles the Grantee to receive from the Company (i) one share of General Electric Company common stock, par value $0.06 per share (“Common Stock”) for which the restrictions set forth in paragraph 3 lapse in accordance with their terms, and (ii) cash payments based on dividends paid to shareholders as set forth in paragraph 2, each in accordance with the terms of this Grant, the GE 2007 Long Term Incentive Plan (“Plan”), country addendums and any rules and procedures adopted by the Committee.

2.   Dividend Equivalents. Until such time as the following restrictions lapse or the RSUs are cancelled, whichever occurs first, the Company may pay the Grantee on a quarterly basis a cash amount equal to the number of RSUs subject to restriction times the per share quarterly dividend payment made to shareholders of the Company’s Common Stock, with such payments to be made reasonably promptly after the payment date of each quarterly dividend. Alternatively, the Company will establish an amount to be paid to the Grantee (“Dividend Equivalent”) equal to the number of RSUs subject to restriction times the per share quarterly dividend payments made to shareholders of the Company’s Common Stock. The Company shall accumulate Dividend Equivalents and will pay the Grantee a cash amount equal to the Dividend Equivalents accumulated and unpaid as of the date that restrictions lapse (without interest) reasonably promptly after such date. Notwithstanding the foregoing, any accumulated and unpaid Dividend Equivalents attributable to RSUs that are cancelled will not be paid and are immediately forfeited upon cancellation of the RSUs. The determination regarding the form and type of dividend equivalents will be made by the Committee at the time of grant.

3.   Restrictions. Restrictions on the number of RSUs specified in this Grant Agreement will lapse on the designated Restriction Lapse Dates only if the Grantee has been continuously employed by the Company or one of its affiliates to such dates. RSUs shall be immediately cancelled upon termination of employment, except as follows:

a.   Employment Termination Due to Death. If the Grantee’s employment with the Company or any of its affiliates terminates as a result of the Grantee’s death, then restrictions on all RSUs shall immediately lapse.

(1)

b.   Employment Termination Due to Transfer of Business to Successor Employer. If the Grantee’s employment with the Company or any of its affiliates terminates as a result of employment by a successor employer to which the Company has transferred a business operation, then restrictions on all RSUs shall immediately lapse.

c.   Employment Termination More Than One Year After Grant Date. If, on or after the first anniversary of the Grant Date, the Grantee’s employment with the Company or any of its affiliates terminates as a result of any of the reasons set forth below, or the Grantee becomes eligible to retire or meets the age and service requirements, each as specified in (c)(i) below, then restrictions on RSUs shall automatically lapse or the RSUs shall be cancelled as provided below (subject to any rules adopted by the Committee):

 i .   Termination/Eligibility for Retirement or Termination for Total Disability. Restrictions on all RSUs shall immediately lapse if (a) the Grantee becomes eligible for Optional Retirement at or after age 60 under the U.S. GE Pension Plan, or (b) the Grantee is not a participant in the U.S. GE Pension Plan and attains at least age 60 while still employed by the Company or an affiliate and completes 5 or more years of continuous service with the Company and any of its affiliates, or (c) the Grantee’s employment with the Company or any of its affiliates terminates as a result of a total disability, i.e., the inability to perform any job for which the Grantee is reasonably suited by means of education, training or experience.

 ii .   Termination for Layoff or Plant Closing. If the Grantee’s employment with the Company or any of its affiliates terminates as a result of a layoff or plant closing (without regard to any period of protected service), each as contemplated in the Company’s U.S. Layoff Benefit Plan, then restrictions on RSUs scheduled to lapse at or before the end of the second calendar year following the year in which employment terminates, shall immediately lapse, and the remaining RSUs covered by this Grant shall be immediately cancelled.

 iii .   Termination Due to Other Reasons. If the Grantee’s employment with the Company or any of its affiliates terminates for any other reason, and the Grantee and the Company have not entered into a written separation agreement explicitly providing otherwise in accordance with rules and procedures adopted by the Committee, then the remaining RSUs shall be immediately cancelled.

d.   Affiliate. For purposes of this Grant, “affiliate” shall mean (i) any entity that, directly or indirectly, is owned 50% or more by the Company and thereby deemed under its control and (ii) any entity in which the Company has a significant equity interest as determined by the Committee. Transfer of employment among the Company and any of its affiliates is not a termination of employment for purposes of this Grant.

(2)

4.   Delivery and Withholding Tax. Upon the lapse of restrictions set forth in paragraph 3 in accordance with their terms, the Company shall deliver to the Grantee by mail or otherwise a certificate for such shares as soon as practicable, provided however, that the date of issuance or delivery may be postponed by the Company for such period as may be required for it with reasonable diligence to comply with any applicable listing requirements of any national securities exchange and requirements under any law or regulation applicable to the issuance or transfer of such shares. Further, the Grantee shall pay to or reimburse the Company for any federal, state, local or foreign taxes required to be withheld and paid over by it, at such time and upon such terms and conditions as the Company may prescribe before the Company shall be required to deliver such shares.

5.   Alteration/Termination. The Company shall have the right at any time in its sole discretion to amend, alter, suspend, discontinue or terminate any RSUs without the consent of the Grantee. Also, the RSUs shall be null and void to the extent the grant of RSUs or the lapse of restrictions thereon is prohibited under the laws of the country of residence of the Grantee.

6.   Plan Terms. All terms used in this Grant have the same meaning as given such terms in the Plan, a copy of which will be furnished upon request.

7.   Entire Agreement. This Grant, the Plan, country addendums and the rules and procedures adopted by the Committee contain all of the provisions applicable to the RSUs and no other statements, documents or practices may modify, waive or alter such provisions unless expressly set forth in writing, signed by an authorized officer of the Company and delivered to the Grantee.

This document constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933, as amended.

(3)

EX-10.B

Exhibit 10(b)

Restricted Stock Unit Grant Agreement

Periodic Retention Grants

1.   Grant. The Management Development and Compensation Committee (“Committee”) of the Board of Directors of General Electric Company (“Company”) has granted Restricted Stock Units, from time to time with Dividend Equivalents as the Committee may determine (“RSUs”), to the individual named in this Grant Agreement (“Grantee”). Each RSU entitles the Grantee to receive from the Company (i) one share of General Electric Company common stock, par value $0.06 per share (“Common Stock”) for which the restrictions set forth in paragraph 3 lapse in accordance with their terms, and (ii) cash payments based on dividends paid to shareholders as set forth in paragraph 2, each in accordance with the terms of this Grant, the GE 2007 Long Term Incentive Plan (“Plan”), country addendums and any rules and procedures adopted by the Committee.

2.   Dividend Equivalents. Until the Grantee’s employment with the Company and its affiliates is terminated for any reason, or until such time as the following restrictions lapse or the RSUs are cancelled, whichever occurs first, the Company may pay the Grantee on a quarterly basis a cash amount equal to the number of RSUs subject to restriction times the per share quarterly dividend payment made to shareholders of the Company’s Common Stock, with such payments to be made reasonably promptly after the payment date of each quarterly dividend. Alternatively, the Company will establish an amount to be paid to the Grantee (“Dividend Equivalent”) equal to the number of RSUs subject to restriction times the per share quarterly dividend payments made to shareholders of the Company’s Common Stock. The Company shall accumulate Dividend Equivalents and will pay the Grantee a cash amount equal to the Dividend Equivalents accumulated and unpaid as of the date that restrictions lapse (without interest) reasonably promptly after such date. Notwithstanding the foregoing, any accumulated and unpaid Dividend Equivalents attributable to RSUs that are cancelled will not be paid and are immediately forfeited upon cancellation of the RSUs. The determination regarding the form and type of dividend equivalents will be made by the Committee at the time of grant.

3.   Restrictions. Restrictions on the number of RSUs specified in this Grant Agreement will lapse on the designated Restriction Lapse Dates only if the Grantee has been continuously employed by the Company or one of its affiliates to such dates. The Committee may, in circumstances determined in its sole discretion, provide for the lapse of the above restrictions at earlier dates. Notwithstanding the forgoing, restrictions on all RSUs will immediately lapse upon the Grantee’s termination of employment with the Company or any of its affiliates by reason of the Grantee’s death, provided the Grantee had been continuously employed as provided above to the date of termination.

(1)

4.   Delivery and Withholding Tax. Upon the lapse of restrictions set forth in paragraph 3 in accordance with their terms, the Company shall deliver to the Grantee by mail or otherwise a certificate for such shares as soon as practicable, provided however, that the date of issuance or delivery may be postponed by the Company for such period as may be required for it with reasonable diligence to comply with any applicable listing requirements of any national securities exchange and requirements under any law or regulation applicable to the issuance or transfer of such shares. Further, the Grantee shall pay to or reimburse the Company for any federal, state, local or foreign taxes required to be withheld and paid over by it, at such time and upon such terms and conditions as the Company may prescribe before the Company shall be required to deliver such shares.

5.   Alteration/Termination. The Company shall have the right at any time in its sole discretion to amend, alter, suspend, discontinue or terminate any RSUs without the consent of the Grantee. Any RSUs for which the restrictions do not lapse in accordance with the terms in paragraph 3 above shall be canceled. Also, the RSUs shall be null and void to the extent the grant of RSUs or the lapse of restrictions thereon is prohibited under the laws of the country of residence of the Grantee.

6.   Affiliate. For purposes of this Grant, “affiliate” shall mean (i) any entity that, directly or indirectly, is owned 50% or more by the Company and thereby deemed under its control and (ii) any entity in which the Company has a significant equity interest as determined by the Committee.  Transfer of employment among the Company and any of its affiliates is not a termination of employment for purposes of this Grant.

7.   Plan Terms. All terms used in this Grant have the same meaning as given such terms in the Plan, a copy of which will be furnished upon request.

8.   Entire Agreement. This Grant, the Plan, country addendums and the rules and procedures adopted by the Committee, contain all of the provisions applicable to the RSUs and no other statements, documents or practices may modify, waive or alter such provisions unless expressly set forth in writing, signed by an authorized officer of the Company and delivered to the Grantee.

This document constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933, as amended.

(2)

EX-12

Exhibit 12

General Electric Company

Computation of Ratio of Earnings to Fixed Charges

	Three months
		ended
	March 31, 2014
(Dollars in millions)	(Unaudited)
General Electric Company and consolidated affiliates
Earnings(a)	$	3,313
Plus:
Interest and other financial charges included in expense(b)		2,414
One-third of rental expense(c)		122
Adjusted “earnings”	$	5,849
Fixed charges:
Interest and other financial charges included in expense(b)	$	2,414
Interest capitalized		7
One-third of rental expense(c)		122
Total fixed charges	$	2,543
Ratio of earnings to fixed charges		2.30

(a) Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.

(b) Included interest on tax deficiencies.

(c) Considered to be representative of interest factor in rental expense.

EX-31.A

Exhibit 31(a)

Certification Pursuant to

Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended

I, Jeffrey R. Immelt, certify that:
1.	I have reviewed this quarterly report on Form 10-Q of General Electric Company;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 9, 2014

/s/ Jeffrey R. Immelt

Jeffrey R. Immelt

Chief Executive Officer

EX-31.B

Exhibit 31(b)

Certification Pursuant to

Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended

I, Jeffrey S. Bornstein, certify that:
1.	I have reviewed this quarterly report on Form 10-Q of General Electric Company;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 9, 2014

/s/ Jeffrey S. Bornstein

Jeffrey S. Bornstein

Chief Financial Officer

EX-32

Exhibit 32

Certification Pursuant to

18 U.S.C. Section 1350

In connection with the Quarterly Report of General Electric Company (the “registrant”) on Form 10-Q for the period ended March 31, 2014, as filed with the Securities and Exchange Commission on the date hereof (the “report”), we, Jeffrey R. Immelt and Jeffrey S. Bornstein, Chief Executive Officer and Chief Financial Officer, respectively, of the registrant, certify, pursuant to 18 U.S.C. § 1350, that to our knowledge:

(1)	The report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and
(2)	The information contained in the report fairly presents, in all material respects, the financial condition and results of operations of the registrant.

May 9, 2014

/s/ Jeffrey R. Immelt

Jeffrey R. Immelt

Chief Executive Officer

/s/ Jeffrey S. Bornstein

Jeffrey S. Bornstein

Chief Financial Officer

EX-99.A

Exhibit 99(a)

General Electric Company

Financial Measures That Supplement Generally Accepted Accounting Principles

We sometimes use information derived from consolidated financial information but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. Specifically, we have referred to:

·   Operating earnings and operating earnings per share (EPS)

·   Operating and non-operating pension costs (income)

·   GE Capital ending net investment (ENI), excluding cash and equivalents

·   Industrial segment organic revenue growth

The reasons we use these non-GAAP financial measures and their reconciliation to their most directly comparable GAAP financial measures follow.

Operating Earnings and Operating EPS
	Three months ended March 31
(In millions; except earnings per share)	2014		2013		V%
Earnings from continuing operations attributable to GE	$	2,987	$	3,647	(18)%
Adjustment (net of tax): non-operating pension costs/(income)		342		423
Operating earnings	$	3,329	$	4,070	(18)%
Earnings per share – diluted(a)
Continuing earnings per share	$	0.29	$	0.35	(17)%
Adjustment (net of tax): non-operating pension costs/(income)		0.03		0.04
Operating earnings per share	$	0.33	$	0.39	(15)%

(a)   Earnings-per-share amounts are computed independently. As a result, the sum of per-share amounts may not equal the total.

Operating earnings excludes non-service related pension costs of our principal pension plans comprising interest cost, expected return on plan assets and amortization of actuarial gains/losses. The service cost and prior service cost components of our principal pension plans are included in operating earnings. We believe that these components of pension cost better reflect the ongoing service-related costs of providing pension benefits to our employees. As such, we believe that our measure of operating earnings provides management and investors with a useful measure of the operational results of our business. Other components of GAAP pension cost are mainly driven by market performance, and we manage these separately from the operational performance of our businesses. Neither GAAP nor operating pension costs are necessarily indicative of the current or future cash flow requirements related to our pension plan. We also believe that this measure, considered along with the corresponding GAAP measure, provides management and investors with additional information for comparison of our operating results to the operating results of other companies.

(1)

Operating and Non-Operating Pension Costs (Income)
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	318	$	401
Prior service cost amortization		54		61
Operating pension costs		372		462
Expected return on plan assets		(801)		(875)
Interest cost on benefit obligations		686		614
Net actuarial loss amortization		641		912
Non-operating pension costs (income)		526		651
Total principal pension plans costs	$	898	$	1,113

We have provided the operating and non-operating components of cost for our principal pension plans.  Operating pension costs comprise the service cost of benefits earned and prior service cost amortization for our principal pension plans. Non-operating pension costs (income) comprise the expected return on plan assets, interest cost on benefit obligations and net actuarial loss amortization for our principal pension plans. We believe that the operating components of pension costs better reflects the ongoing service-related costs of providing pension benefits to our employees. We believe that the operating and non-operating components of cost for our principal pension plans, considered along with the corresponding GAAP measure, provide management and investors with additional information for comparison of our pension plan costs and operating results with the pension plan costs and operating results of other companies.

GE Capital Ending Net Investment (ENI), Excluding Cash and Equivalents
(In billions)		March 31, 2014
GECC total assets	$	510.4
Less assets of discontinued operations		1.4
Less non-interest bearing liabilities		60.0
GE Capital ENI		449.0
Less cash and equivalents		75.3
GE Capital ENI, excluding cash and equivalents	$	373.7

We use ENI to measure the size of our GE Capital segment. We believe that this measure is a useful indicator of the capital (debt or equity) required to fund a business as it adjusts for non-interest bearing current liabilities generated in the normal course of business that do not require a capital outlay. We also believe that by excluding cash and equivalents, we provide a meaningful measure of assets requiring capital to fund our GE Capital segment as a substantial amount of this cash resulted from debt issuances to pre-fund future debt maturities and will not be used to fund additional assets. Providing this measure will help investors measure how we are performing against our previously communicated goal to reduce the size of our financial services segment.

(2)

Industrial Segment Organic Revenue Growth
	Three months ended March 31
(Dollars in millions)		2014		2013	V%
Segment revenues:
Power & Water	$	5,509	$	4,825
Oil & Gas		4,308		3,399
Energy Management		1,672		1,748
Aviation		5,778		5,074
Healthcare		4,198		4,289
Transportation		1,227		1,422
Appliances & Lighting		1,857		1,917
Industrial segment revenues		24,549		22,674	8%
Less the effects of:
Acquisitions, business dispositions (other than dispositions of businesses acquired
for investment) and currency exchange rates		438		317
Industrial segment revenues excluding effects of acquisitions, business dispositions
(other than dispositions of businesses acquired for investment) and currency
exchange rates (Industrial segment organic revenues)	$	24,111	$	22,357	8%

Organic revenue growth measures revenue excluding the effects of acquisitions, business dispositions and currency exchange rates.  We believe that this measure provides management and investors with a more complete understanding of underlying operating results and trends of established, ongoing operations by excluding the effect of acquisitions, dispositions and currency exchange, which activities are subject to volatility and can obscure underlying trends.  We also believe that presenting organic revenue growth separately for our industrial businesses provides management and investors with useful information about the trends of our industrial businesses and enables a more direct comparison to other non-financial businesses and companies.  Management recognizes that the term "organic revenue growth" may be interpreted differently by other companies and under different circumstances. Although this may have an effect on comparability of absolute percentage growth from company to company, we believe that these measures are useful in assessing trends of the respective businesses or companies and may therefore be a useful tool in assessing period-to-period performance trends.

(3)

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Earnings Per Share Information (Tables)

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Calculation of earnings per share

	Three months ended March 31
	2014				2013
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)	$	2,983	$	2,983	$	3,642	$	3,642
Earnings (loss) from discontinued operations
for per-share calculation(a)		12		12		(120)		(120)
Net earnings attributable to GE common
shareowners for per-share calculation(a)	$	2,995	$	2,995	$	3,522	$	3,522
Average equivalent shares
Shares of GE common stock outstanding		10,045		10,045		10,374		10,374
Employee compensation-related shares (including
stock options) and warrants		78		-		59		-
Total average equivalent shares		10,123		10,045		10,433		10,374
Per-share amounts
Earnings from continuing operations	$	0.29	$	0.30	$	0.35	$	0.35
Earnings (loss) from discontinued operations		0.00		0.00		(0.01)		(0.01)
Net earnings		0.30		0.30		0.34		0.34

• Included an insignificant amount of dividend equivalents in each of the periods presented.

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Investment Securities (Contractual maturities) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014
Amortized cost
Within one year	$ 1,870
After one year through five years	3,633
After five years through ten years	5,349
After ten years	18,490
Estimated fair value
Within one year	1,887
After one year through five years	3,896
After five years through ten years	5,641
After ten years	$ 21,361

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (GE Money Japan Narrative) (Details) In Millions, unless otherwise specified	3 Months Ended				12 Months Ended
	Mar. 31, 2014 USD ($)	Mar. 31, 2013 USD ($)	Mar. 31, 2014 GE Money Japan [Member] USD ($)	Mar. 31, 2013 GE Money Japan [Member] USD ($)	Dec. 31, 2013 GE Money Japan [Member] USD ($)	Mar. 31, 2014 GE Money Japan [Member] JPY (¥)	Feb. 26, 2014 GE Money Japan [Member] USD ($)	Feb. 26, 2014 GE Money Japan [Member] JPY (¥)
Financial Information For Discontinued Operations [Line Items]
Tax Credit Carryforward, Expiration Date			Dec. 31, 2017		Dec. 31, 2017
Other Partial Tax Credit Carryforward Expiration Date			Dec. 31, 2019		Dec. 31, 2019
Gain (loss) on disposal of discontinued operations	$ (19)	$ 102
Liability For Reimbursement Of Claims In Excess Of Statutory Interest Rate			56		1,836
Threshold above which claims become company's responsibility			3,000			258,000
Loss from discontinued operations, net of taxes	(12)	120	1	51
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax	18	(187)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	12	(120)
Buyout Payment To Extinguish Obligation Under Sale Agreement							$ 1,700	¥ 175,000

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Shareowners' Equity (Changes In Accumulated Other Comprehensive Income) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013	Dec. 31, 2013
Stockholders Equity Note [Line Items]
Investment Securities Beginning Balance	$ 307	[1]	$ 677
Investment Securities Balance at March 31	764	[1]	744
Currency Translation Adjustment Beginning Balance	126	[1]	412
Currency Translation Adjustment Balance March 31	177	[1]	(43)
Cash Flow Hedges Beginning Balance	(257)	[1]	(722)
Cash Flow Hedges Balance March 31	(189)	[1]	(620)
Benefit Plans Beginning Balance	(9,296)	[1]	(20,597)
Benefit Plans Balance March 31	(8,601)	[1]	(19,745)
Other comprehensive income, net of tax	1,269		564
Less: Other comprehensive income (loss) attributable to noncontrolling interests	(2)		(2)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(7,849)		(19,664)	(9,120)
Securities Investment [Member]
Stockholders Equity Note [Line Items]
Other comprehensive income (OCI) before reclassifications - net of deferred taxes	447		(63)
Reclassification from OCI net of deferred taxes	10		131
Other comprehensive income, net of tax	457		68
Less: Other comprehensive income (loss) attributable to noncontrolling interests	0		1
Stockholders Equity Note Parenthetical
OCI before reclassification tax	246		(38)
Reclassification from OCI	7		97
Currency Translation Adjustment [Member]
Stockholders Equity Note [Line Items]
Other comprehensive income (OCI) before reclassifications - net of deferred taxes	47		(471)
Other comprehensive income, net of tax	49		(459)
Less: Other comprehensive income (loss) attributable to noncontrolling interests	(2)		(4)
Stockholders Equity Note Parenthetical
OCI before reclassification tax	71		(204)
Tax on Reclassification from OCI - Currency Translation Adjustment	124		(34)
Reclassification from OCI net of deferred taxes - Currency Translation Adjustment	2		12
Cash Flow Hedge [Member]
Stockholders Equity Note [Line Items]
Other comprehensive income (OCI) before reclassifications - net of deferred taxes	99		(76)
Other comprehensive income, net of tax	68		102
Less: Other comprehensive income (loss) attributable to noncontrolling interests	0		0
Stockholders Equity Note Parenthetical
OCI before reclassification tax	71		72
Reclassification from OCI net of deferred taxes - Cash Flow Hedge	(31)		178
Tax on Reclassification from OCI - Cash Flow Hedges	(6)		(47)
Pension Plan, Defined Benefit [Member]
Stockholders Equity Note [Line Items]
Other comprehensive income, net of tax	695		853
Less: Other comprehensive income (loss) attributable to noncontrolling interests	0		1
Stockholders Equity Note Parenthetical
Other Comprehensive Income (Loss), Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service (Cost) Credit, Net of Tax	(93)		(98)
Other Comprehensive Income (Loss), Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service (Cost) Credit, Tax	64		67
Other Comprehensive Income Net Amortization Of Net Actuarial Gain Loss	430		672
Other Comprehensive Income Net Amortization Of Net Actuarial Gain Loss Tax	213		339
Other Comprehensive Income Net Actuarial Gain Loss	172		83
Other Comprehensive Income Net Actuarial Gain Loss Tax	$ 42		$ 53

[1] The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(7,849) million and $(9,120) million at March 31, 2014 and December 31, 2013, respectively.

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Investment Securities (Gross Realized Gain Losses) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Available For Sale Investment Securities Gross Realized Gain Losses [Line Items]
Total	$ (17)	$ (228)
Available-for-sale Securities, Gross Realized Gains (Losses), Sale Proceeds	1,349	7,654
Net pre-tax gains (loss) on trading securities	(5)	42
Subsidiaries [Member]
Available For Sale Investment Securities Gross Realized Gain Losses [Line Items]
Gains	0	1
Losses, including impairments	0	(13)
Total	0	(12)
Subsidiaries GECC [Member]
Available For Sale Investment Securities Gross Realized Gain Losses [Line Items]
Gains	19	62
Losses, including impairments	(36)	(278)
Total	$ (17)	$ (216)

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Fair Value Measurements (Non-Recurring Fair Value Measurements) (Details) (USD $) In Millions, unless otherwise specified			3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014 Financing receivables and loans held for sale [Member]	Mar. 31, 2013 Financing receivables and loans held for sale [Member]	Mar. 31, 2014 Cost and equity method investments [Member]	Mar. 31, 2013 Cost and equity method investments [Member]	Mar. 31, 2014 Long Lived Assets, Including Real Estate [Member]	Mar. 31, 2013 Long Lived Assets, Including Real Estate [Member]	Mar. 31, 2014 Total [Member]	Mar. 31, 2013 Total [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 2 [Member] Financing receivables and loans held for sale [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 2 [Member] Financing receivables and loans held for sale [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 2 [Member] Cost and equity method investments [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 2 [Member] Cost and equity method investments [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 2 [Member] Long Lived Assets, Including Real Estate [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 2 [Member] Long Lived Assets, Including Real Estate [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 2 [Member] Total [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 2 [Member] Total [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 3 [Member] Financing receivables and loans held for sale [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 3 [Member] Financing receivables and loans held for sale [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 3 [Member] Cost and equity method investments [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 3 [Member] Cost and equity method investments [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 3 [Member] Long Lived Assets, Including Real Estate [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 3 [Member] Long Lived Assets, Including Real Estate [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 3 [Member] Total [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 3 [Member] Total [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value assets measured on non recurring basis	$ 730	$ 1,460									$ 87	$ 210	$ 0	$ 0	$ 326	$ 2,050	$ 413	$ 2,260	$ 1,596	$ 2,986	$ 354	$ 690	$ 192	$ 1,088	$ 2,142	$ 4,764
Adjustments To Assets Measured At Fair Value On Non Recurring Basis			$ (113)	$ (128)	$ (208)	$ (81)	$ (75)	$ (390)	$ (396)	$ (599)

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Narrative, Financial Information and NBCU) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended			0 Months Ended		0 Months Ended	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Mar. 19, 2013 NBCU LLC [Member]	Mar. 19, 2013 NBCU LLC [Member] Commercial Real Estate Portfolio Segment [Member]	Jul. 15, 2013 Portugal Consumer Auto Personal Loan [Member]	Sep. 30, 2013 Machining And Fabrication Business [Member]
Financial Information For Businesses Held For Sale [Line Items]
Proceeds from Sale of Real Estate Held-for-investment				$ 1,430
Summarized financial information for business held for sale
Assets Held-for-sale, at Carrying Value	48		50
Liabilities of Assets Held-for-sale	2		6
Equity Method Investment, Ownership Percentage				49.00%
Proceeds from Divestiture of Businesses, Net of Cash Divested	232	0		11,997		83	108
Guaranteed Debt Included In Sale Of Asset				4,000
Preferred Stock, Value, Issued	0		0	725
Consideration Received For Sale Of Business				16,722
Pre Tax Gain On Sale Of Business				1,096	921
Gain On Sale Of Business Net Of Tax				$ 825	$ 564

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Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in goodwill balance

Goodwill
					Dispositions,
					currency
	Balance at				exchange		Balance at
(In millions)	January 1, 2014		Acquisitions		and other		March 31, 2014
Power & Water	$	8,822	$	-	$	34	$	8,856
Oil & Gas		10,516		21		30		10,567
Energy Management		4,748		-		75		4,823
Aviation		9,103		-		168		9,271
Healthcare		16,643		1,024		19		17,686
Transportation		1,012		1		(32)		981
Appliances & Lighting		606		-		-		606
GE Capital		26,195		-		141		26,336
Corporate		3		-		-		3
Total	$	77,648	$	1,046	$	435	$	79,129

Goodwill and other intangible assets

Other Intangible Assets - Net
(In millions)	March 31, 2014		December 31, 2013
Intangible assets subject to amortization	$	14,645	$	14,150
Indefinite-lived intangible assets(a)		143		160
Total	$	14,788	$	14,310

(a)       Indefinite-lived intangible assets principally comprise trademarks and in-process research and development.

Intangible assets subject to amortization

Intangible Assets Subject to Amortization
	March 31, 2014						December 31, 2013
	Gross						Gross
	carrying		Accumulated				carrying		Accumulated
(In millions)	amount		amortization		Net		amount		amortization		Net
Customer-related	$	8,426	$	(2,402)	$	6,024	$	7,938	$	(2,312)	$	5,626
Patents and technology		6,785		(2,718)		4,067		6,602		(2,621)		3,981
Capitalized software		8,478		(5,420)		3,058		8,256		(5,252)		3,004
Trademarks		1,370		(312)		1,058		1,356		(295)		1,061
Lease valuations		679		(480)		199		703		(498)		205
Present value of future profits(a)		583		(583)		-		574		(574)		-
All other		599		(360)		239		632		(359)		273
Total	$	26,920	$	(12,275)	$	14,645	$	26,061	$	(11,911)	$	14,150

(a)Balances at March 31, 2014and December 31, 2013 reflect adjustments of $316 million and $322 million, respectively, to the present value of future profits in our run-off insurance operation to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized.

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Fair Value Measurements (Level 3 Measurements) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	$ 730	$ 1,460
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	2,968	2,816
Individually Insignificant Recurring Fair Value Measurements	185	327
Individually Insignificant NonRecurring Fair Value Measurements	275	571
Fair Value, Inputs, Level 3 [Member] | Financing receivables and loans held for sale [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	1,596	2,986
Fair Value, Inputs, Level 3 [Member] | Cost and equity method investments [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	354	690
Fair Value, Inputs, Level 3 [Member] | Long Lived Assets, Including Real Estate [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	192	1,088
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Investments, Fair Value Disclosure	947	898
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	1.50%	1.50%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	8.90%	13.30%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		6.50%
Weighted Average Discount Rate Used For Level Three Valuation	5.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Investments, Fair Value Disclosure	6,868	6,854
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	1.30%	1.20%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	9.50%	10.50%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		3.70%
Weighted Average Discount Rate Used For Level Three Valuation	3.80%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Foreign Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Investments, Fair Value Disclosure	776	819
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Foreign Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	1.40%	1.40%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Foreign Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	46.00%	46.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Foreign Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		15.10%
Weighted Average Discount Rate Used For Level Three Valuation	15.30%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Market Comparables Valuation Technique [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Capitalization Rate Used For Level Three Valuation		6.30%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Market Comparables Valuation Technique [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Capitalization Rate Used For Level Three Valuation		7.50%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Market Comparables Valuation Technique [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Capitalization Rate Used For Level Three Valuation		7.20%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Investments, Fair Value Disclosure	278	381
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	3.90%	5.20%
Fair Value Inputs, Revenue Multiple	1.7
Range Capitalization Rate Used For Level Three Valuation	7.30%
Weighted Average Cost Of Capital Used For Level Three Valuation		9.30%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	5.60%	8.80%
Fair Value Inputs, Revenue Multiple	1.7
Range Capitalization Rate Used For Level Three Valuation	8.80%
Weighted Average Cost Of Capital Used For Level Three Valuation		9.30%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		5.30%
Fair Value Inputs, Revenue Multiple	1.7
Range Capitalization Rate Used For Level Three Valuation	7.60%
Weighted Average Discount Rate Used For Level Three Valuation	4.80%
Weighted Average Cost Of Capital Used For Level Three Valuation		9.30%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | EBITDA Multiple [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	5.4	5.4
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | EBITDA Multiple [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	8.9	12.5
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | EBITDA Multiple [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	6.9	9.5
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | State And Municipal Debt [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Investments, Fair Value Disclosure	469
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | State And Municipal Debt [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	1.80%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | State And Municipal Debt [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	6.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | State And Municipal Debt [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	3.30%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	995	1,937
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		6.60%
Range Capitalization Rate Used For Level Three Valuation	2.70%	5.50%
Weighted Average Cost Of Capital Used For Level Three Valuation	19.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		6.60%
Range Capitalization Rate Used For Level Three Valuation	11.30%	16.70%
Weighted Average Cost Of Capital Used For Level Three Valuation	19.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		6.60%
Weighted Average Cost Of Capital Used For Level Three Valuation	19.00%
Weighted Average Capitalization Rate Used For Level Three Valuation	6.50%	8.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | EBITDA Multiple [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	4.3	4.3
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | EBITDA Multiple [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	6.5	5.5
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | EBITDA Multiple [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	5.9	4.8
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis		102
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		5.70%
Fair Value Inputs, Revenue Multiple		2.2
Range Capitalization Rate Used For Level Three Valuation		8.50%
Weighted Average Cost Of Capital Used For Level Three Valuation		9.30%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		5.90%
Fair Value Inputs, Revenue Multiple		12.6
Range Capitalization Rate Used For Level Three Valuation		10.60%
Weighted Average Cost Of Capital Used For Level Three Valuation		9.60%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation		5.80%
Fair Value Inputs, Revenue Multiple		9.4
Range Capitalization Rate Used For Level Three Valuation		10.00%
Weighted Average Cost Of Capital Used For Level Three Valuation		9.40%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | EBITDA Multiple [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation		7.1
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | EBITDA Multiple [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation		14.5
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | EBITDA Multiple [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation		11.3
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable And Business Enterprise Valuation [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	137
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable And Business Enterprise Valuation [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	8.00%
Fair Value Inputs, Revenue Multiple	2.9
EBITDA Multiple Used For Level Three Valuation	6.0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable And Business Enterprise Valuation [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	10.00%
Fair Value Inputs, Revenue Multiple	2.9
EBITDA Multiple Used For Level Three Valuation	9.0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach And Market Comparable And Business Enterprise Valuation [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	8.50%
Fair Value Inputs, Revenue Multiple	2.9
EBITDA Multiple Used For Level Three Valuation	9.0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Long Lived Assets, Including Real Estate [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	$ 5	$ 694
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Long Lived Assets, Including Real Estate [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	4.00%	4.00%
Range Capitalization Rate Used For Level Three Valuation	9.40%	5.40%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Long Lived Assets, Including Real Estate [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	19.00%	23.00%
Range Capitalization Rate Used For Level Three Valuation	15.30%	14.50%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Long Lived Assets, Including Real Estate [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	8.30%	9.00%
Weighted Average Capitalization Rate Used For Level Three Valuation	12.00%	7.80%

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Shareowners' Equity (Parenthetical) (Details) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Noncontrolling Interest [Line Items]
Common Stock, Shares Authorized	13,200,000,000
Common stock, par value per share	$ 0.06
Subsidiaries GECC [Member]
Noncontrolling Interest [Line Items]
Dividend Amount Paid By Finance Subsidiary To Parent	$ 500
Special Dividend Paid By Finance Subsidiary To Parent		$ 0

XML

Variable Interest Entities (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013	Dec. 31, 2013
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets	$ 652,252	[1]		$ 656,285	[1]
Liabilities	514,233	[1]		519,502	[1]
Total revenues of consolidated VIEs	34,178		34,943
Provision for Loan and Lease Losses	970		1,457
Interest And Other Financial Charges	2,414		2,603
Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	41,612			42,247
Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	3,798			3,830
Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	3,366			3,220
Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	48,776			49,297
Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	583			598
Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	27,175			28,574
Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	3,490			3,334
Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	31,248			32,506
Consolidated Variable Interest Entities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Total revenues of consolidated VIEs	1,835		1,804
Provision for Loan and Lease Losses	301		414
Interest And Other Financial Charges	81		89
Power Generating Activities Entity [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	733
Liabilities VIE	0
Industrial Equipment Joint Venture [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	1,562
Liabilities VIE	713
Insurance Entities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	1,195
Liabilities VIE	525
Trinity [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	0			0
Trinity [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,764			2,786
Trinity [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	22			213
Trinity [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,786			2,999
Trinity [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0
Trinity [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0
Trinity [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	1,454			1,482
Trinity [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	1,454			1,482
Consolidated Securitization Entities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Commingled cash amounts owed to CSEs	3,106			6,314
Commingled cash receivable from CSEs	3,115			5,540
Other 1 [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,067			2,044
Other 1 [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	1,034			1,044
Other 1 [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,706			2,430
Other 1 [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	5,807			5,518
Other 1 [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	583			598
Other 1 [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	49			49
Other 1 [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	1,458			1,351
Other 1 [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	2,090			1,998
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	23,888			24,766
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	0			0
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	122			20
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	24,010			24,786
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	14,642			15,363
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	265			228
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	14,907			15,591
Equipment [Member] | Consolidated Securitization Entities [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	13,029			12,928
Equipment [Member] | Consolidated Securitization Entities [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	0			0
Equipment [Member] | Consolidated Securitization Entities [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	515			557
Equipment [Member] | Consolidated Securitization Entities [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	13,544			13,485
Equipment [Member] | Consolidated Securitization Entities [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0
Equipment [Member] | Consolidated Securitization Entities [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	10,316			10,982
Equipment [Member] | Consolidated Securitization Entities [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	285			248
Equipment [Member] | Consolidated Securitization Entities [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	10,601			11,230
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,628			2,509
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	0			0
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	1			0
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,629			2,509
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	2,168			2,180
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	28			25
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	2,196			2,205
Subsidiaries GECC [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets	510,447	[1]		516,829	[1]
Liabilities	425,420	[1]		433,703	[1]
Total revenues of consolidated VIEs	10,515		11,468
Provision for Loan and Lease Losses	970		1,457
Interest And Other Financial Charges	2,161		2,382
Subsidiaries GECC [Member] | Trinity [Member] | Consolidated Variable Interest Entities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Intercompany Advances Eliminated In Consolidation	$ 1,611			$ 1,837

[1] Our consolidated assets at March 31, 2014 include total assets of $46,492 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $40,749 million and investment securities of $3,797 million. Our consolidated liabilities at March 31, 2014 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $27,175 million. See Note 16.

XML

GECC Financing Receivables, Allowance For Losses On Financing Receivables and Supplemental Information On Credit Quality (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net	$ 237,005	$ 241,940
Subsidiaries GECC [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, Gross	252,386	258,207
Less allowance for losses	(5,144)	(5,178)	(5,303)	(4,944)
Financing receivables, net	247,242	253,029
Deferred income	1,714	2,013
Loans that have been acquired in a transfer but have been subject to credit deterioration since origination per ASC 310, Receivables	532	544
Subsidiaries GECC [Member] | Loans and Finance Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, Gross	226,135	231,268
Subsidiaries GECC [Member] | Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases receivable, Gross	$ 26,251	$ 26,939

XML

Fair Value Measurements (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	$ 45,733	$ 43,981
Fair Value Of Securities Transferred Between Level One And Level Two	0
Cumulative Gain (Loss) Adjustment For Non Performance Risk	30	(7)
Domestic Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Domestic Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	19,590	18,788
Domestic Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	3,104	2,953
Domestic Corporate Debt Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Domestic Corporate Debt Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	22,694	21,741
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	3,112	3,025
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	11	10
Commercial Mortgage Backed Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Commercial Mortgage Backed Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	3,123	3,035
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	4,834	4,193
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	560	96
US States and Political Subdivisions Debt Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
US States and Political Subdivisions Debt Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	5,394	4,289
Foreign Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	52	61
Foreign Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	678	645
Foreign Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,072	1,064
Foreign Corporate Debt Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Foreign Corporate Debt Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,802	1,770
Asset-backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	430	489
Asset-backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	6,908	6,898
Asset-backed Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Asset-backed Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	7,338	7,387
Foreign Government Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,334	1,590
Foreign Government Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	823	789
Foreign Government Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1	31
Foreign Government Debt Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Foreign Government Debt Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	2,158	2,410
US Treasury and Government [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
US Treasury and Government [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	505	545
US Treasury and Government [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	232	225
US Treasury and Government [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
US Treasury and Government [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	737	770
Retained Interest [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Retained Interest [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Retained Interest [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	75	72
Retained Interest [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Retained Interest [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	75	72
Available-for-sale Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	434	475
Available-for-sale Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	25	31
Available-for-sale Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	11	11
Available-for-sale Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Available-for-sale Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	470	517
Trading [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	66	78
Trading [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	2	2
Trading [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Trading [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Trading [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	68	80
Derivatives [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Derivatives [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	7,683	8,304
Derivative liabilities	4,692	5,409
Derivatives [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	163	175
Derivative liabilities	15	20
Derivatives [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	(6,300)	(6,739)
Derivative liabilities	(3,895)	(4,355)
Derivatives [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	1,546	1,740
Derivative liabilities	812	1,074
Other 1 [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	0	0
Other Liabilities	0	0
Other 1 [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	0	0
Other Liabilities	1,183	1,170
Other 1 [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	288	494
Other Liabilities	0	0
Other 1 [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	0	0
Other Liabilities	0	0
Other 1 [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	288	494
Other Liabilities	1,183	1,170
Total [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	1,886	2,204
Total Liabilities	0	0
Total [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	39,475	38,635
Total Liabilities	5,875	6,579
Total [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	12,506	12,115
Total Liabilities	15	20
Total [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	(6,300)	(6,739)
Total Liabilities	(3,895)	(4,355)
Total [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	47,567	46,215
Total Liabilities	1,995	2,244
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,793	1,824
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	81	86
Residential Mortgage Backed Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Residential Mortgage Backed Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	$ 1,874	$ 1,910

XML

Financial Instruments (Net investment hedges in foreign operations) (Details) (Net Investment Hedge [Member], USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Net investment hedges in foreign operation
Hedge ineffectiveness gain (loss)	$ (142)	$ (166)
Foreign Exchange Contract [Member]
Net investment hedges in foreign operation
Gain (loss) recognized in AOCI	(1,033)	2,105
Gain (loss) reclassified from AOCI into earnings	$ 10	$ (124)

XML

Financial Instruments (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Financial Instruments [Line Items]
Effect of including interest rate and currency derivatives on borrowings and bank deposits	$ 3,506	$ 2,284
Reinsurance Recoverables	1,250	1,250
Loan Commitments By Notional Amount [Line Items]
Ordinary course of business lending commitments	5,102	4,756
Excluded investment commitments	1,383	1,395
Inventory financing arrangements excluded	12,650	13,502
Commercial [Member]
Loan Commitments By Notional Amount [Line Items]
Unused revolving credit lines	15,497	16,570
Commitments Associated with Secured Financing Arrangements	11,952	11,629
Maximum Commitments Associated with Secured Financing Arrangements	15,472	14,590
Consumer Principally Credit Cards [Member]
Loan Commitments By Notional Amount [Line Items]
Unused revolving credit lines	296,296	290,662
Subsidiaries [Member] | Carrying amount (net) [Member]
Financial Instruments [Line Items]
Investments and notes receivable	486	488
Borrowings	(16,016)	(13,356)
Subsidiaries [Member] | Estimate of Fair Value Measurement [Member]
Financial Instruments [Line Items]
Investments and notes receivable	533	512
Borrowings	(16,824)	(13,707)
Subsidiaries GECC [Member] | Loan Commitments By Notional Amount [Member]
Financial Instruments [Line Items]
Insurance - credit life	2,163	2,149
Subsidiaries GECC [Member] | Carrying amount (net) [Member]
Financial Instruments [Line Items]
Loans	221,187	226,293
Other commercial mortgages	2,261	2,270
Loans held for sale	1,078	512
Other financial instruments	1,541	1,622
Borrowings and bank deposits	(365,223)	(371,062)
Investment contract benefits	(3,107)	(3,144)
Guaranteed investment contracts	(1,441)	(1,471)
Insurance - credit life	(110)	(108)
Subsidiaries GECC [Member] | Estimate of Fair Value Measurement [Member]
Financial Instruments [Line Items]
Loans	225,454	230,792
Other commercial mortgages	2,269	2,281
Loans held for sale	1,078	512
Other financial instruments	2,201	2,203
Borrowings and bank deposits	(381,050)	(386,823)
Investment contract benefits	(3,666)	(3,644)
Guaranteed investment contracts	(1,429)	(1,459)
Insurance - credit life	$ (96)	$ (94)

XML

Financial Instruments (Free-standing derivatives) (Details) (Free Standing Derivatives [Member], USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Free standing derivatives
Gain (loss) on derivatives	$ 1,108	$ (686)
Interest Rate Contract [Member]
Free standing derivatives
Gain (loss) on derivatives	11	(62)
Foreign Exchange Contract [Member]
Free standing derivatives
Gain (loss) on derivatives	1,126	(720)
Other Contract [Member]
Free standing derivatives
Gain (loss) on derivatives	$ (29)	$ 96

XML

Fair Value Measurements (Changes in Level 3 Instruments) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	$ 2,968		$ 2,816
Cash Accruals Not Included In Schedule Assets Measured For Fair Value On Recurring Basis	10	4
Domestic Corporate Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	3,104	3,571	2,953	3,591
Net realized/unrealized gains (losses) included in earnings	8	(271)
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	60	219
Purchases	153	63
Sales	(2)	(6)
Settlements	(112)	(45)
Transfers into Level 3	97	93
Transfers out of Level 3	(53)	(73)
Net change in unrealized gains (losses) relating to instruments still held	0	0
US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	560	90	96	77
Net realized/unrealized gains (losses) included in earnings	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	27	0
Purchases	9	4
Sales	0	0
Settlements	(7)	(1)
Transfers into Level 3	435	10
Transfers out of Level 3	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	0
Residential Mortgage Backed Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	81	96	86	100
Net realized/unrealized gains (losses) included in earnings	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(1)	(3)
Purchases	0	0
Sales	0	0
Settlements	(4)	(1)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	0
Commercial Mortgage Backed Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	11	6	10	6
Net realized/unrealized gains (losses) included in earnings	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	0	0
Purchases	0	0
Sales	0	0
Settlements	(1)	0
Transfers into Level 3	2	0
Transfers out of Level 3	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	0
Asset-backed Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	6,908	4,916	6,898	5,023
Net realized/unrealized gains (losses) included in earnings	1	1
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(27)	(2)
Purchases	405	144
Sales	0	0
Settlements	(369)	(262)
Transfers into Level 3	0	12
Transfers out of Level 3	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	0
Foreign Corporate Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	1,072	1,349	1,064	1,218
Net realized/unrealized gains (losses) included in earnings	(21)	8
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	47	19
Purchases	219	825
Sales	(2)	(3)
Settlements	(235)	(733)
Transfers into Level 3	0	15
Transfers out of Level 3	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	0
Foreign Government Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	1	41	31	42
Net realized/unrealized gains (losses) included in earnings	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	0	(1)
Purchases	0	0
Sales	0	0
Settlements	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	(30)	0
Net change in unrealized gains (losses) relating to instruments still held	0	0
US Treasury and Government [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	232	264	225	277
Net realized/unrealized gains (losses) included in earnings	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	9	(13)
Purchases	0	0
Sales	0	0
Settlements	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	(2)	0
Net change in unrealized gains (losses) relating to instruments still held	0	0
Retained Interest [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	75	91	72	83
Net realized/unrealized gains (losses) included in earnings	2	3
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	3	10
Purchases	1	0
Sales	0	0
Settlements	(3)	(5)
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	0
Available-for-sale Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	11	11	11	13
Net realized/unrealized gains (losses) included in earnings	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	0	0
Purchases	0	0
Sales	0	0
Settlements	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	(2)
Net change in unrealized gains (losses) relating to instruments still held	0	0
Derivatives [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	158	343	164	416
Net realized/unrealized gains (losses) included in earnings	(7)	(19)
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	0	0
Purchases	0	(1)
Sales	0	0
Settlements	2	(53)
Transfers into Level 3	(1)	0
Transfers out of Level 3	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	12
Other 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	288	779	494	799
Net realized/unrealized gains (losses) included in earnings	3	(22)
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	0	0
Purchases	83	57
Sales	(13)	(55)
Settlements	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	(279)	0
Net change in unrealized gains (losses) relating to instruments still held	(9)	(21)
Total [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	12,501	11,557	12,104	11,645
Net realized/unrealized gains (losses) included in earnings	(14)	(300)
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	118	229
Purchases	870	1,092
Sales	(17)	(64)
Settlements	(729)	(1,100)
Transfers into Level 3	533	130
Transfers out of Level 3	(364)	(75)
Net change in unrealized gains (losses) relating to instruments still held	$ (9)	$ (9)

XML

Shareowners' Equity (Reclass Out of Accumulated Other Comprehensive Income) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Benefit (provision) for income taxes	$ (516)	$ (508)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	2,952	3,511
Costs and Expenses	(30,722)	(30,804)
Financial Services Revenue	10,132	11,141
GE interest and other financial charges	(2,414)	(2,603)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	3,456	4,139
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(504)	(1,091)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Securities Investment [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Other Income	(17)	(228)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(10)	(131)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Currency Translation Adjustment [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Benefit (provision) for income taxes	124	(34)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(2)	(12)
Costs and Expenses	(126)	22
Reclassification out of Accumulated Other Comprehensive Income [Member] | Cash Flow Hedge [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Benefit (provision) for income taxes	(6)	(47)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	31	(178)
GE interest and other financial charges	(69)	(102)
Other Nonoperating Income (Expense)	(22)	22
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	37	(131)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Pension Plan, Defined Benefit [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Benefit (provision) for income taxes	277	406
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(523)	(770)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	(800)	(1,176)
Prior service cost amortization	(157)	(165)
Defined Benefit Plan, Amortization of Gains (Losses)	(643)	(1,011)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Available-for-sale Securities [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Benefit (provision) for income taxes	7	97
Reclassification out of Accumulated Other Comprehensive Income [Member] | Foreign Exchange Contract [Member] | Cash Flow Hedge [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Financial Services Revenue	128	(51)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Financial Services Revenue	134	(33)
GE interest and other financial charges	(6)	(18)
Subsidiaries GECC [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Benefit (provision) for income taxes	(198)	(84)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	1,956	1,829
Costs and Expenses	(8,373)	(9,435)
Financial Services Revenue	10,488	11,442
GE interest and other financial charges	(2,161)	(2,382)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	$ 2,142	$ 2,033

XML

Intercompany Transactions

3 Months Ended

Mar. 31, 2014

Intercompany Transactions [Abstract]

Intercompany Transactions

17. INTERCOMPANY TRANSACTIONS

Transactions between related companies are made on an arms-length basis, are eliminated and consist primarily of GECC dividends to GE; GE customer receivables sold to GECC; GECC services for trade receivables management and material procurement; buildings and equipment (including automobiles) leased between GE and GECC; information technology (IT) and other services sold to GECC by GE; aircraft engines manufactured by GE that are installed on aircraft purchased by GECC from third-party producers for lease to others; and various investments, loans and allocations of GE corporate overhead costs.

These intercompany transactions are reported in the GE and GECC columns of our financial statements, but are eliminated in deriving our consolidated financial statements. Effects of these eliminations on our consolidated cash flows from operating, investing and financing activities are $56 million, $(1,730) million and $1,674 million for the three months ended March 31, 2014, respectively, and $1,357 million, $(1,413) million and $136 million for the three months ended March 31, 2013, respectively. Details of these eliminations are shown below.

	Three months ended March 31
(In millions)	2014		2013
Cash from (used for) operating activities-continuing operations
Combined	$	4,908	$	3,354
GE customer receivables sold to GECC		731		976
GECC dividends to GE		(500)		-
Other reclassifications and eliminations		(175)		381
	$	4,964	$	4,711
Cash from (used for) investing activities-continuing operations
Combined	$	3,612	$	32,815
GE customer receivables sold to GECC		(1,185)		(966)
Other reclassifications and eliminations		(545)		(447)
	$	1,882	$	31,402
Cash from (used for) financing activities-continuing operations
Combined	$	(10,169)	$	(23,077)
GE customer receivables sold to GECC		454		(10)
GECC dividends to GE		500		-
Other reclassifications and eliminations		720		146
	$	(8,495)	$	(22,941)

XML

Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Other Financial Services and Industrial) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended							12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014 Trailer Services [Member]	Dec. 31, 2013 Trailer Services [Member]	Mar. 31, 2013 Trailer Services [Member]	Mar. 31, 2014 Consumer Russia [Member]	Mar. 31, 2013 Consumer Russia [Member]	Dec. 31, 2013 Consumer Russia [Member]
Financial Information For Discontinued Operations [Line Items]
Revenues from discontinued operations	$ 29	$ 54	$ 1		$ 93	$ 24	$ 67
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	12	(120)	13		14	1	(11)
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity Insignificant Amount	an insignificant amount
Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax								170
Gain (loss) on disposal of discontinued operations	19	(102)				4
Proceeds from Divestiture of Businesses, Net of Cash Divested	232	0		528		232
Benefit (provision) for income taxes	$ (516)	$ (508)

XML

Variable Interest Entities (Tables)

3 Months Ended

Mar. 31, 2014

Variable Interest Entities [Abstract]

Schedule of VIE

			Consolidated Securitization Entities
									Trade
(In millions)	Trinity(a)		Credit cards		(b)	Equipment		(b)	receivables		Other		Total
March 31, 2014
Assets(c)
Financing receivables, net	$	-	$	23,888		$	13,029		$	2,628	$	2,067	$	41,612
Investment securities		2,764		-			-			-		1,034		3,798
Other assets		22		122			515			1		2,706		3,366
Total	$	2,786	$	24,010		$	13,544		$	2,629	$	5,807	$	48,776
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	583	$	583
Non-recourse borrowings		-		14,642			10,316			2,168		49		27,175
Other liabilities		1,454		265			285			28		1,458		3,490
Total	$	1,454	$	14,907		$	10,601		$	2,196	$	2,090	$	31,248
December 31, 2013
Assets(c)
Financing receivables, net	$	-	$	24,766		$	12,928		$	2,509	$	2,044	$	42,247
Investment securities		2,786		-			-			-		1,044		3,830
Other assets		213		20			557			-		2,430		3,220
Total	$	2,999	$	24,786		$	13,485		$	2,509	$	5,518	$	49,297
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	598	$	598
Non-recourse borrowings		-		15,363			10,982			2,180		49		28,574
Other liabilities		1,482		228			248			25		1,351		3,334
Total	$	1,482	$	15,591		$	11,230		$	2,205	$	1,998	$	32,506

(a)       Excludes intercompany advances from GECC to Trinity, which are eliminated in consolidation of $1,611 million and $1,837 million at March 31, 2014 and December 31, 2013, respectively.

(b)We provide servicing to the CSEs and are contractually permitted to commingle cash collected from customers on financing receivablessold to CSE investors with our own cash prior to payment to a CSE, provided our short-term credit rating does not fall below A-1/P-1. These CSEs also owe us amounts for purchased financial assets and scheduled interest and principal payments.At March 31, 2014 and December 31, 2013, the amounts of commingled cash owed to the CSEs were $3,106 million and $6,314 million, respectively, and the amounts owed to us by CSEs were $3,115 millionand$5,540 million, respectively.

(c)Asset amounts exclude intercompany receivables for cash collected on behalf of the entities by GE as servicer, which are eliminated in consolidation. Such receivables provide the cash to repay the entities' liabilities. If these intercompany receivables were included in the table above, assets would be higher. In addition, other assets, borrowings and other liabilities exclude intercompany balances that are eliminated in consolidation.

Unconsolidated VIE

(In millions)	March 31, 2014		December 31, 2013
Other assets and investment securities	$	9,161	$	9,129
Financing receivables – net		3,084		3,346
Total investments		12,245		12,475
Contractual obligations to fund investments or guarantees		2,541		2,741
Revolving lines of credit		36		31
Total	$	14,822	$	15,247

XML

Earnings Per Share Information (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Amount attributable to the Company:
Earnings from continuing operations attributable to common shareowners for per-share calculation, Basic	$ 2,983	$ 3,642
Earnings (loss) from discontinued operations for per-share calculation, Basic	12	(120)
Net earnings attributable to GE common shareowners for per-share calculation, Basic	2,995	3,522
Earnings from continuing operations attributable to common shareowners for per-share calculation, Diluted	2,983	3,642
Earnings (loss) from discontinued operations for per-share calculation, Diluted	12	(120)
Net earnings attributable to GE common shareowners for per-share calculation, Diluted	$ 2,995	$ 3,522
Average equivalent shares
Shares of GE common stock outstanding, Basic	10,045	10,374
Employee compensation-related shares (including stock options) and warrants, Basic	0	0
Total average equivalent shares, Basic	10,045	10,374
Shares of GE common stock outstanding, Diluted	10,045	10,374
Employee compensation-related shares (including stock options) and warrants, Diluted	78	59
Total average equivalent shares, Diluted	10,123	10,433
Per-share amounts
Earnings (loss) from continuing operations-Basic	$ 0.30	$ 0.35
Earnings (loss) from discontinued operations-Basic	$ 0.00	$ (0.01)
Net earnings-Basic	$ 0.30	$ 0.34
Earnings (loss) from continuing operations-Diluted	$ 0.29	$ 0.35
Earnings (loss) from discontinued operations-Diluted	$ 0.00	$ (0.01)
Net earnings-Diluted	$ 0.30	$ 0.34
Outstanding anti-dilutive stock awards not included in computation of diluted earnings per share	72	190
Dividend Equivalents Included In Earnings For EPS Calculation, Diluted	insignificant amount	insignificant amount
Dividend Equivalents Included In Earnings For EPS Calculation, Basic	insignificant amount	insignificant amount

XML

Shareowners' Equity (Tables)

3 Months Ended

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Accumulated other comprehensive income

Accumulated Other Comprehensive Income (Loss)
	Three months ended March 31
(In millions)	2014		2013
Investment securities
Beginning balance	$	307	$	677
Other comprehensive income (loss) (OCI) before reclassifications –
net of deferred taxes of $246 and $(38)		447		(63)
Reclassifications from OCI – net of deferred taxes of $7 and $97		10		131
Other comprehensive income (loss)(a)		457		68
Less: OCI attributable to noncontrolling interests		-		1
Ending balance	$	764	$	744
Currency translation adjustments (CTA)
Beginning balance	$	126	$	412
OCI before reclassifications – net of deferred taxes of $71 and $(204)		47		(471)
Reclassifications from OCI – net of deferred taxes of $124 and $(34)		2		12
Other comprehensive income (loss)(a)		49		(459)
Less: OCI attributable to noncontrolling interests		(2)		(4)
Ending balance	$	177	$	(43)
Cash flow hedges
Beginning balance	$	(257)	$	(722)
OCI before reclassifications – net of deferred taxes of $71 and $72		99		(76)
Reclassifications from OCI – net of deferred taxes of $(6) and $(47)		(31)		178
Other comprehensive income (loss)(a)		68		102
Less: OCI attributable to noncontrolling interests		-		-
Ending balance	$	(189)	$	(620)
Benefit plans
Beginning balance	$	(9,296)	$	(20,597)
Net actuarial gain (loss) – net of deferred taxes of $42 and $53		172		83
Prior service cost amortization – net of deferred taxes of $64 and $67		93		98
Net actuarial loss amortization – net of deferred taxes
of $213 and $339		430		672
Other comprehensive income (loss)(a)		695		853
Less: OCI attributable to noncontrolling interests		-		1
Ending balance	$	(8,601)	$	(19,745)
Accumulated other comprehensive income (loss) at March 31	$	(7,849)	$	(19,664)

• Total other comprehensive income (loss) was $1,269 million and $564 million for the threemonths endedMarch 31, 2014 and 2013, respectively.

Reclassification out of Accumulated Other Comprehensive Income

Reclassification out of AOCI
	Three months ended March 31
(In millions)	2014		2013		Statement of Earnings Caption
Available-for-sale securities
Realized gains (losses) on
sale/impairment of securities	$	(17)	$	(228)	Other income
		7		97	Benefit (provision) for income taxes
	$	(10)	$	(131)	Net of tax
Currency translation adjustments
Gains (losses) on dispositions	$	(126)	$	22	Costs and expenses
		124		(34)	Benefit (provision) for income taxes
	$	(2)	$	(12)	Net of tax
Cash flow hedges
Gains (losses) on interest rate derivatives	$	(69)	$	(102)	Interest and other financial charges
Foreign exchange contracts		128		(51)	(a)
Other		(22)		22	(b)
		37		(131)	Total before tax
		(6)		(47)	Benefit (provision) for income taxes
	$	31	$	(178)	Net of tax
Benefit plan items
Amortization of prior service costs	$	(157)	$	(165)	(c)
Amortization of actuarial gains (losses)		(643)		(1,011)	(c)
		(800)		(1,176)	Total before tax
		277		406	Benefit (provision) for income taxes
	$	(523)	$	(770)	Net of tax
Total reclassification adjustments	$	(504)	$	(1,091)	Net of tax

• Included$134 million and $(33)million in GECC revenues from services and $(6) million and $(18) million in interest and other financial charges for the threemonths ended March 31, 2014 and 2013, respectively.
• Primarily recorded in costs and expenses.
• Amortization of prior service costs and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 9 for further information.

Changes to noncontrolling interests

Noncontrolling Interests
	Three months ended March 31
(In millions)	2014		2013
Beginning balance	$	6,217	$	5,444
Net earnings (loss)		(33)		(16)
Dividends		(10)		(18)
Dispositions		-		(104)
Other (including AOCI)		9		30
Ending balance	$	6,183	$	5,336

XML

Investment Securities (Investments, by type and length in continuous loss position) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Percent of Gross unrealized losses, 12 months or more, considered investment grade	70.00%
OTTI previously recognized through OCI on securities held, gross unrealized losses	$ (85)
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Residential Mortgage Backed Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Debt securities, Estimated fair value	649
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Residential Mortgage Backed Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Debt securities, Estimated fair value	1,225
Domestic Corporate Debt Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	1,578	2,170
Gross unrealized losses, less than 12 months	(63)	(122)
Estimated fair value, 12 months or more	563	598
Gross unrealized losses, 12 months or more	(75)	(95)
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	942	1,076
Gross unrealized losses, less than 12 months	(37)	(82)
Estimated fair value, 12 months or more	347	367
Gross unrealized losses, 12 months or more	(93)	(109)
Residential Mortgage Backed Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	187	232
Gross unrealized losses, less than 12 months	(6)	(11)
Estimated fair value, 12 months or more	430	430
Gross unrealized losses, 12 months or more	(33)	(37)
Mortgage-backed Securities, Residential, Subprime, Financing Receivable [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Debt securities, Estimated fair value	355
Commercial Mortgage Backed Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	254	396
Gross unrealized losses, less than 12 months	(11)	(24)
Estimated fair value, 12 months or more	803	780
Gross unrealized losses, 12 months or more	(50)	(58)
Asset-backed Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	101	112
Gross unrealized losses, less than 12 months	(1)	(2)
Estimated fair value, 12 months or more	294	359
Gross unrealized losses, 12 months or more	(40)	(44)
Foreign Corporate Debt Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	56	108
Gross unrealized losses, less than 12 months	(1)	(4)
Estimated fair value, 12 months or more	430	454
Gross unrealized losses, 12 months or more	(63)	(83)
Foreign Government Debt Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	1,098	1,479
Gross unrealized losses, less than 12 months	(3)	(6)
Estimated fair value, 12 months or more	52	42
Gross unrealized losses, 12 months or more	0	(1)
US Treasury and Government [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	238	229
Gross unrealized losses, less than 12 months	(18)	(27)
Estimated fair value, 12 months or more	0	254
Gross unrealized losses, 12 months or more	0	0
Retained Interest [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	1	2
Gross unrealized losses, less than 12 months	0	0
Estimated fair value, 12 months or more	1	0
Gross unrealized losses, 12 months or more	0	0
Equity Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	250	253
Gross unrealized losses, less than 12 months	(78)	(44)
Estimated fair value, 12 months or more	0	0
Gross unrealized losses, 12 months or more	0	0
Total [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	4,705	6,057
Gross unrealized losses, less than 12 months	(218)	(322)
Estimated fair value, 12 months or more	2,920	3,284
Gross unrealized losses, 12 months or more	(354)	(427)
Subsidiaries [Member] | Foreign Corporate Debt Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	13	12
Gross unrealized losses, less than 12 months		1
Insignificant gross unrealized losses, less than 12 months	an insignificant amount
Subsidiaries [Member] | Equity Securities [Member]
Available-for-sale Securities Estimated Fair Value And Gross Unrealized Losses [Abstract]
Estimated fair value, less than 12 months	210	222
Gross unrealized losses, less than 12 months	$ 70	$ 41

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GECC Borrowings and Bank Deposits (Parenthetical) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	$ 220,992	$ 221,665
Bank deposits	54,743	53,361
Short-term borrowings	76,121	77,890
Non Recourse Borrowings Of Consolidated Securitization Entities	28,724	30,124
Unsecured Debt [Member]
Borrowings And Bank Deposits [Line Items]
Senior Notes	3,000
Notes Due In 2024 [Member] | Unsecured Debt [Member]
Borrowings And Bank Deposits [Line Items]
Senior Notes	750
Senior Unsecured Note Interest Rate	3.375%
Notes Due In 2044 [Member] | Unsecured Debt [Member]
Borrowings And Bank Deposits [Line Items]
Senior Notes	2,250
Senior Unsecured Note Interest Rate	4.50%
Subsidiaries GECC [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	206,654	210,279
Secured Debt	9,338	9,468
Bank deposits	54,743	53,361
Short-term borrowings	75,102	77,298
Non Recourse Borrowings Of Consolidated Securitization Entities	28,724	30,124
Subsidiaries GECC [Member] | Guaranteed investment contracts [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	481	481
Subsidiaries GECC [Member] | Subordinated Notes Guaranteed By GE [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	300	300
Subsidiaries GECC [Member] | Non US Banks [Member]
Borrowings And Bank Deposits [Line Items]
Bank deposits	13,458	13,614
Subsidiaries GECC [Member] | Certificates of Deposit [Member]
Borrowings And Bank Deposits [Line Items]
Secured Long-term Debt, Noncurrent	19,305	18,275
Subsidiaries GECC [Member] | Non Recourse [Member]
Borrowings And Bank Deposits [Line Items]
Secured Debt	$ 2,733	$ 2,868

XML

GECC Financing Receivables, Allowance For Losses On Financing Receivables and Supplemental Information On Credit Quality (Impaired Loans) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Commercial Portfolio Segment [Member]
Impaired Loans
Average investment during the period	$ 3,933		$ 4,445
Subsidiaries GECC [Member]
Impaired Loans
Total impaired loans	10,604		10,740
Allowance for losses (specific reserves)	842		969
Financing Receivables and Allowance for Losses
Non-impaired financing receivables	241,782		247,467
General reserves	4,302		4,209
Total impaired loans	10,604		10,740
Allowance for losses (specific reserves)	842		969
Subsidiaries GECC [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	6,081		5,500
Unpaid principal balance	8,092		7,317
Average investment during the period	5,790		6,455
Financing Receivables and Allowance for Losses
Total impaired loans	6,081		5,500
Subsidiaries GECC [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	4,523		5,240
Unpaid principal balance	5,088		6,014
Allowance for losses (specific reserves)	842		969
Average investment during the period	4,881		5,892
Financing Receivables and Allowance for Losses
Total impaired loans	4,523		5,240
Allowance for losses (specific reserves)	842		969
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member]
Impaired Loans
Total impaired loans	3,974		3,892
Allowance for losses (specific reserves)	229		328
Interest income recognized	57	53	218
Interest income recognized on a cash basis	0	16	60
Financing Receivables and Allowance for Losses
Non-impaired financing receivables	122,344		125,377
General reserves	680		677
Total impaired loans	3,974		3,892
Allowance for losses (specific reserves)	229		328
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	3,024		2,776
Unpaid principal balance	4,475		4,128
Average investment during the period	2,900		3,299
Financing Receivables and Allowance for Losses
Total impaired loans	3,024		2,776
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	950		1,116
Unpaid principal balance	1,363		1,559
Allowance for losses (specific reserves)	229		328
Average investment during the period	1,033		1,146
Financing Receivables and Allowance for Losses
Total impaired loans	950		1,116
Allowance for losses (specific reserves)	229		328
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	18		0
Unpaid principal balance	18		0
Average investment during the period	9		0
Financing Receivables and Allowance for Losses
Total impaired loans	18		0
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	26		4
Unpaid principal balance	26		4
Allowance for losses (specific reserves)	3		1
Average investment during the period	15		2
Financing Receivables and Allowance for Losses
Total impaired loans	26		4
Allowance for losses (specific reserves)	3		1
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	0		0
Unpaid principal balance	0		0
Average investment during the period	0		0
Financing Receivables and Allowance for Losses
Total impaired loans	0		0
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	65		0
Unpaid principal balance	65		0
Allowance for losses (specific reserves)	8		0
Average investment during the period	32		1
Financing Receivables and Allowance for Losses
Total impaired loans	65		0
Allowance for losses (specific reserves)	8		0
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	0		2
Unpaid principal balance	0		3
Average investment during the period	1		9
Financing Receivables and Allowance for Losses
Total impaired loans	0		2
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	0		4
Unpaid principal balance	0		4
Allowance for losses (specific reserves)	0		0
Average investment during the period	2		5
Financing Receivables and Allowance for Losses
Total impaired loans	0		4
Allowance for losses (specific reserves)	0		0
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member]
Impaired Loans
Changes In Loans Modified As Troubled Debt Restructurings	176
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Troubled Debt Restructuring [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	1,676		1,770
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	1,792		1,670
Unpaid principal balance	2,385		2,187
Average investment during the period	1,731		2,154
Financing Receivables and Allowance for Losses
Total impaired loans	1,792		1,670
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	257		417
Unpaid principal balance	354		505
Allowance for losses (specific reserves)	49		96
Average investment during the period	337		509
Financing Receivables and Allowance for Losses
Total impaired loans	257		417
Allowance for losses (specific reserves)	49		96
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | GE International [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	1,214		1,104
Unpaid principal balance	2,072		1,938
Average investment during the period	1,159		1,136
Financing Receivables and Allowance for Losses
Total impaired loans	1,214		1,104
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | GE International [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	602		691
Unpaid principal balance	918		1,046
Allowance for losses (specific reserves)	169		231
Average investment during the period	647		629
Financing Receivables and Allowance for Losses
Total impaired loans	602		691
Allowance for losses (specific reserves)	169		231
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member]
Impaired Loans
Changes In Loans Modified As Troubled Debt Restructurings	295
Loans Modified As Troubled Debt Restructuring That Have Subsequently Experienced Payment Default	19	44
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Troubled Debt Restructuring [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	2,916		2,961
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	3,006		2,774
Unpaid principal balance	4,457		4,125
Average investment during the period	2,890		3,290
Financing Receivables and Allowance for Losses
Total impaired loans	3,006		2,774
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	859		1,108
Unpaid principal balance	1,272		1,551
Allowance for losses (specific reserves)	218		327
Average investment during the period	984		1,138
Financing Receivables and Allowance for Losses
Total impaired loans	859		1,108
Allowance for losses (specific reserves)	218		327
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Modifications Classified As TDRs In Last Twelve Months [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	1,391	2,555
Subsidiaries GECC [Member] | Commercial Real Estate Portfolio Segment [Member]
Impaired Loans
Total impaired loans	3,662		3,860
Allowance for losses (specific reserves)	53		74
Average investment during the period	3,761		4,746
Interest income recognized	19	57	187
Interest income recognized on a cash basis	0	44	135
Changes In Loans Modified As Troubled Debt Restructurings	369
Loans Modified As Troubled Debt Restructuring That Have Subsequently Experienced Payment Default	20	174
Financing Receivables and Allowance for Losses
Non-impaired financing receivables	16,574		16,039
General reserves	122		118
Total impaired loans	3,662		3,860
Allowance for losses (specific reserves)	53		74
Subsidiaries GECC [Member] | Commercial Real Estate Portfolio Segment [Member] | Troubled Debt Restructuring [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	3,470		3,625
Subsidiaries GECC [Member] | Commercial Real Estate Portfolio Segment [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	2,925		2,615
Unpaid principal balance	3,448		3,036
Average investment during the period	2,770		3,058
Financing Receivables and Allowance for Losses
Total impaired loans	2,925		2,615
Subsidiaries GECC [Member] | Commercial Real Estate Portfolio Segment [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	737		1,245
Unpaid principal balance	871		1,507
Allowance for losses (specific reserves)	53		74
Average investment during the period	991		1,688
Financing Receivables and Allowance for Losses
Total impaired loans	737		1,245
Allowance for losses (specific reserves)	53		74
Subsidiaries GECC [Member] | Commercial Real Estate Portfolio Segment [Member] | Modifications Classified As TDRs In Last Twelve Months [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	1,636	3,611
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member]
Impaired Loans
Total impaired loans	2,968		2,988
Allowance for losses (specific reserves)	560		567
Average investment during the period	2,977		3,156
Interest income recognized	46	57	221
Interest income recognized on a cash basis	0	1	3
Changes In Loans Modified As Troubled Debt Restructurings	296
Loans Modified As Troubled Debt Restructuring That Have Subsequently Experienced Payment Default	57	100
Financing Receivables and Allowance for Losses
Non-impaired financing receivables	102,864		106,051
General reserves	3,500		3,414
Total impaired loans	2,968		2,988
Allowance for losses (specific reserves)	560		567
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Troubled Debt Restructuring [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	2,839		2,874
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Impaired Loans [Member]
Impaired Loans
Unpaid principal balance	3,023
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | No Related Allowance [Member]
Impaired Loans
Total impaired loans	132		109
Unpaid principal balance	169		153
Average investment during the period	120		98
Financing Receivable, Modifications, Recorded Investment	132
Financing Receivables and Allowance for Losses
Total impaired loans	132		109
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Related Allowance [Member]
Impaired Loans
Total impaired loans	2,836		2,879
Unpaid principal balance	2,854		2,948
Allowance for losses (specific reserves)	560		567
Average investment during the period	2,857		3,058
Financing Receivable, Modifications, Recorded Investment	2,836
Financing Receivables and Allowance for Losses
Total impaired loans	2,836		2,879
Allowance for losses (specific reserves)	560		567
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Modifications Classified As TDRs In Last Twelve Months [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	1,339	1,647
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Consumer Other Portfolio [Member]
Impaired Loans
Allowance for losses (specific reserves)	33
Financing Receivables and Allowance for Losses
Allowance for losses (specific reserves)	33
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Consumer Other Portfolio [Member] | Related Allowance [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	239
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Remaining Consumer Business [Member]
Impaired Loans
Allowance for losses (specific reserves)	527
Financing Receivables and Allowance for Losses
Allowance for losses (specific reserves)	527
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Remaining Consumer Business [Member] | Related Allowance [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	2,597
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Non US Consumer [Member]
Impaired Loans
Changes In Loans Modified As Troubled Debt Restructurings	179
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Credit Card Loans [Member]
Impaired Loans
Changes In Loans Modified As Troubled Debt Restructurings	$ 117

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Discontinued Operations) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Operations
Total revenues	$ 29	$ 54
Earnings (loss) from discontinued operations before income taxes	(14)	(142)
Benefit (provision) for income taxes	7	124
Income (Loss) from Discontinued Operations, Net of Taxes	(7)	(18)
Disposal
Gain (loss) on disposal before income taxes	18	(187)
Benefit (provision) for income taxes	1	85
Gain (loss) on disposal, net of taxes	19	(102)
Earnings (loss) from discontinued operations, net of taxes	12	(120)
Assets
Cash and cash equivalents	133		232
Financing Receivables - net	1		711
Other	1,324		1,396
Assets of discontinued operations	1,458		2,339
Liabilities
Deferred income taxes	258		248
Other	1,008		3,685
Liabilities of discontinued operations	$ 1,266		$ 3,933

XML

Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2014

Summary of Significant Accounting Policies [Abstract]

Summary Of Significant Accounting Policies

Notes to Condensed, Consolidated Financial Statements (Unaudited)

1. Basis of Presentation and Summary of Significant Accounting Policies

Basis of Presentation

The accompanying condensed, consolidated financial statements represent the consolidation of General Electric Company (the Company) and all companies that we directly or indirectly control, either through majority ownership or otherwise. See Note 1 to the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013 (2013 consolidated financial statements), which discusses our consolidation and financial statement presentation. As used in this report on Form 10-Q (Report), “GE” represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), whose continuing operations are presented on a one-line basis; GECC consists of General Electric Capital Corporation and all of its affiliates; and “Consolidated” represents the adding together of GE and GECC with the effects of transactions between the two eliminated. Unless otherwise indicated, we refer to the caption revenues and other income simply as “revenues” throughout Item 1 of this Form 10-Q.

We have reclassified certain prior-period amounts to conform to the current-period presentation. Unless otherwise indicated, information in these notes to the condensed, consolidated financial statements relates to continuing operations.

Interim Period Presentation

The condensed, consolidated financial statements and notes thereto are unaudited. These statements include all adjustments (consisting of normal recurring accruals) that we considered necessary to present a fair statement of our results of operations, financial position and cash flows. The results reported in these condensed, consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. It is suggested that these condensed, consolidated financial statements be read in conjunction with the financial statements and notes thereto included in our 2013 consolidated financial statements. We label our quarterly information using a calendar convention, that is, first quarter is labeled as ending on March 31, second quarter as ending on June 30, and third quarter as ending on September 30. It is our longstanding practice to establish interim quarterly closing dates using a fiscal calendar, which requires our businesses to close their books on either a Saturday or Sunday, depending on the business. The effects of this practice are modest and only exist within a reporting year. The fiscal closing calendar for 2014 is available on our website, www.ge.com/secreports.

Summary of Significant Accounting Policies

See the Notes in our 2013 consolidated financial statements fora summary of our significant accounting policies.

Accounting Changes

On January 1, 2014, we adopted Accounting Standards Update (ASU) 2013-05, Foreign Currency Matters (Topic 830): Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity. Under the revised guidance, the entire amount of the cumulative translation adjustment associated with the foreign entity will be released into earnings in the following circumstances: (a) the sale of a subsidiary or group of net assets within a foreign entity that represents a complete or substantially complete liquidation of that entity, (b) the loss of a controlling financial interest in an investment in a foreign entity, or (c) when the accounting for an investment in a foreign entity changes from the equity method to full consolidation. The revised guidance applies prospectively to transactions or events occurring on or after January 1, 2014.

On January 1, 2014, we adopted ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. Under the new guidance, an unrecognized tax benefit is required to be presented as a reduction to a deferred tax asset if the disallowance of the tax position would reduce the available tax loss or tax credit carryforward instead of resulting in a cash tax liability. The ASU applies prospectively to all unrecognized tax benefits that exist as of the adoption date and reducedboth deferred tax assets and income tax liabilities by $1,224million as of January 1, 2014.

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GECC Financing Receivables, Allowance For Losses On Financing Receivables and Supplemental Information On Credit Quality (Credit Quality) (Details) (Subsidiaries GECC [Member], USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Credit Quality Indicators
Loans and leases receivable, Gross	$ 252,386	$ 258,207
Commercial Portfolio Segment [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	126,318	129,269
Commercial Portfolio Segment [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	125,265	128,145
Commercial Portfolio Segment [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	3,235	2,943
Commercial Portfolio Segment [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	2,030	2,265
Commercial Portfolio Segment [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	120,000	122,937
Commercial Portfolio Segment [Member] | Unsecured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	282	231
Commercial Portfolio Segment [Member] | Unsecured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	400	580
Commercial Portfolio Segment [Member] | Unsecured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	371	313
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	2,753	3,107
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	2,722	2,978
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	44	0
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	62	9
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	2,616	2,969
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	8,851	9,377
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	8,851	9,377
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	214	152
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	55	50
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	8,582	9,175
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	139	318
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	139	318
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	0	0
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	0	0
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	139	318
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	68,367	69,036
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	68,012	68,686
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	1,538	1,554
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	1,348	1,587
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	65,126	65,545
Commercial Portfolio Segment [Member] | GE International [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	46,208	47,431
Commercial Portfolio Segment [Member] | GE International [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	45,541	46,786
Commercial Portfolio Segment [Member] | GE International [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	1,439	1,237
Commercial Portfolio Segment [Member] | GE International [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	565	619
Commercial Portfolio Segment [Member] | GE International [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	43,537	44,930
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	114,575	116,467
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	113,553	115,472
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	2,977	2,791
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	1,913	2,206
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	108,663	110,475
Commercial Real Estate Portfolio Segment [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	20,236	19,899
Loan To Value Ratio Of Real Estate Loans Paying In Accordance With Contractual Terms	95.00%
Commercial Real Estate Portfolio Segment [Member] | Debt Real Estate [Member] | Secured Financing Receivables Portfolio [Member] | Less than 80%
Credit Quality Indicators
Loans and leases receivable, Gross	15,974	15,576
Commercial Real Estate Portfolio Segment [Member] | Debt Real Estate [Member] | Secured Financing Receivables Portfolio [Member] | 80% to 95%
Credit Quality Indicators
Loans and leases receivable, Gross	1,512	1,300
Commercial Real Estate Portfolio Segment [Member] | Debt Real Estate [Member] | Secured Financing Receivables Portfolio [Member] | Greater than 95%
Credit Quality Indicators
Loans and leases receivable, Gross	1,754	2,111
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Credit Tenant [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	157	162
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Credit Tenant [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	201	179
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Credit Tenant [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	638	571
Consumer Portfolio Segment [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	105,832	109,039
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	30,355	30,501
Percent Of Non US Mortgages With Loan To Value Ratios Greater Than 90 Percent Covered By Third Party Mortgage Insurance	22.00%
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member] | Secured Financing Receivables Portfolio [Member] | 80% or less
Credit Quality Indicators
Loans and leases receivable, Gross	17,148	17,224
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member] | Secured Financing Receivables Portfolio [Member] | Greater than 80% to 90%
Credit Quality Indicators
Loans and leases receivable, Gross	5,098	5,130
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member] | Secured Financing Receivables Portfolio [Member] | Greater than 90%
Credit Quality Indicators
Loans and leases receivable, Gross	8,109	8,147
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	13,715	13,677
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member] | Score 671 or Higher [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	8,033	8,310
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member] | Score 626 to 670 [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	3,117	2,855
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member] | Score 625 or Less [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	2,565	2,512
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	52,887	55,854
Number Of Consumer Financing Receivable Customers Across US Including Private Label Credit Card And Sales Financing	57,000,000
Percentage of customers with no metropolitan statistical area	6.00%
Percentage Of US Consumer Financing Receivables Related To Credit Cards Loans	66.00%
Percentage Of US Consumer Financing Receivables Related To Sales Finance Receivables	34.00%
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member] | Score 671 or Higher [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	34,388	36,723
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member] | Score 626 to 670 [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	10,817	11,101
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member] | Score 625 or Less [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	7,682	8,030
Consumer Portfolio Segment [Member] | Non US auto [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	1,957	2,054
Consumer Portfolio Segment [Member] | Non US auto [Member] | Score 671 or Higher [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	1,338	1,395
Consumer Portfolio Segment [Member] | Non US auto [Member] | Score 626 to 670 [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	344	373
Consumer Portfolio Segment [Member] | Non US auto [Member] | Score 625 or Less [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	275	286
Consumer Portfolio Segment [Member] | Credit Card Loans [Member] | Unsecured Financing Receivables Portfolio [Member]
Credit Quality Indicators
Percentage Of Balance Of Consumer Non US Residential Mortgage Loans Covered By Mortgage Insurance	5.00%
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	6,918	6,953
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	504	501
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	401	315
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Credit Quality Indicators
Loans and leases receivable, Gross	$ 6,013	$ 6,137
Consumer Portfolio Segment [Member] | UNITED KINGDOM | Non US residential mortgages [Member]
Credit Quality Indicators
Reindexed Loan To Value Ratios Of Non US Mortgages	74.00%
Consumer Portfolio Segment [Member] | FRANCE | Non US residential mortgages [Member]
Credit Quality Indicators
Reindexed Loan To Value Ratios Of Non US Mortgages	56.00%

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Intercompany Transactions (Tables)

3 Months Ended

Mar. 31, 2014

Intercompany Transactions [Abstract]

Intercompany Transactions

	Three months ended March 31
(In millions)	2014		2013
Cash from (used for) operating activities-continuing operations
Combined	$	4,908	$	3,354
GE customer receivables sold to GECC		731		976
GECC dividends to GE		(500)		-
Other reclassifications and eliminations		(175)		381
	$	4,964	$	4,711
Cash from (used for) investing activities-continuing operations
Combined	$	3,612	$	32,815
GE customer receivables sold to GECC		(1,185)		(966)
Other reclassifications and eliminations		(545)		(447)
	$	1,882	$	31,402
Cash from (used for) financing activities-continuing operations
Combined	$	(10,169)	$	(23,077)
GE customer receivables sold to GECC		454		(10)
GECC dividends to GE		500		-
Other reclassifications and eliminations		720		146
	$	(8,495)	$	(22,941)

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Investment Securities (Tables)

3 Months Ended

Mar. 31, 2014

Investments, Debt and Equity Securities [Abstract]

Investments

	March 31, 2014								December 31, 2013
			Gross		Gross						Gross		Gross
	Amortized		unrealized		unrealized		Estimated		Amortized		unrealized		unrealized		Estimated
(In millions)	cost		gains		losses		fair value		cost		gains		losses		fair value
GE
Debt
U.S. corporate	$	22	$	11	$	-	$	33	$	21	$	14	$	-	$	35
Corporate – non-U.S.		13		-		-		13		13		-		(1)		12
Equity
Available-for-sale		301		9		(70)		240		302		9		(41)		270
Trading		-		-		-		-		6		-		-		6
		336		20		(70)		286		342		23		(42)		323
GECC
Debt
U.S. corporate		19,711		3,088		(138)		22,661		19,600		2,323		(217)		21,706
State and municipal		5,115		409		(130)		5,394		4,245		235		(191)		4,289
Residential mortgage-
backed(a)		1,770		143		(39)		1,874		1,819		139		(48)		1,910
Commercial mortgage-backed		2,986		198		(61)		3,123		2,929		188		(82)		3,035
Asset-backed		7,347		32		(41)		7,338		7,373		60		(46)		7,387
Corporate – non-U.S.		1,716		137		(64)		1,789		1,741		103		(86)		1,758
Government – non-U.S.		2,058		103		(3)		2,158		2,336		81		(7)		2,410
U.S. government and federal
agency		707		48		(18)		737		752		45		(27)		770
Retained interests		64		11		-		75		64		8		-		72
Equity
Available-for-sale		195		46		(8)		233		203		51		(3)		251
Trading		68		-		-		68		74		-		-		74
		41,737		4,215		(502)		45,450		41,136		3,233		(707)		43,662
Eliminations		(3)		-		-		(3)		(4)		-		-		(4)
Total	$	42,070	$	4,235	$	(572)	$	45,733	$	41,474	$	3,256	$	(749)	$	43,981

(a)Substantially collateralized by U.S. mortgages. At March 31, 2014, $1,225 million relates to securities issued by government-sponsored entities and $649million relates to securities of private-label issuers. Securities issued by private-label issuers are collateralized primarily by pools of individual direct mortgage loans of financial institutions.

Schedule of investments, by type and length in continuous loss position

	In loss position for
	Less than 12 months					12 months or more
				Gross				Gross
	Estimated			unrealized		Estimated		unrealized
(In millions)	fair value		(a)	losses(a)(b)		fair value		losses(b)
March 31, 2014
Debt
U.S. corporate	$	1,578		$	(63)	$	563	$	(75)
State and municipal		942			(37)		347		(93)
Residential mortgage-backed		187			(6)		430		(33)
Commercial mortgage-backed		254			(11)		803		(50)
Asset-backed		101			(1)		294		(40)
Corporate – non-U.S.		56			(1)		430		(63)
Government – non-U.S.		1,098			(3)		52		-
U.S. government and federal agency		238			(18)		-		-
Retained interests		1			-		1		-
Equity		250			(78)		-		-
Total	$	4,705		$	(218)	$	2,920	$	(354)	(c)
December 31, 2013
Debt
U.S. corporate	$	2,170		$	(122)	$	598	$	(95)
State and municipal		1,076			(82)		367		(109)
Residential mortgage-backed		232			(11)		430		(37)
Commercial mortgage-backed		396			(24)		780		(58)
Asset-backed		112			(2)		359		(44)
Corporate – non-U.S.		108			(4)		454		(83)
Government – non-U.S.		1,479			(6)		42		(1)
U.S. government and federal agency		229			(27)		254		-
Retained interests		2			-		-		-
Equity		253			(44)		-		-
Total	$	6,057		$	(322)	$	3,284	$	(427)

(a)Includes the estimated fair value of and gross unrealized losses on Corporate-non-U.S. and Equity securities held by GE. At March 31, 2014, the estimated fair value of and gross unrealized losses on Corporate-non-U.S. securities were $13million and an insignificant amount, respectively. The estimated fair value of and gross unrealized losses on Equity securities were $210million and $(70)million, respectively. At December 31, 2013, the estimated fair value of and gross unrealized losses on Corporate-non-U.S. securities were $12million and $(1)million, respectively. The estimated fair value of and gross unrealized losses on Equity securities were $222million and $(41)million, respectively.

(b)       Includes gross unrealized losses related to securities that had other-than-temporary impairments previously recognizedof $(85) million at March 31, 2014.

(c)The majority relate to debt securities held to support obligations to holders of GICs and more than 70% are debt securities that were considered to be investment-grade by the major rating agenciesat March 31, 2014.

Pre Tax Other Than Temporary Impairments On Investment Securities [TableTextBlock]

Pre-tax, Other-Than-Temporary Impairments on Investment Securities
	Three months ended March 31
(In millions)	2014		2013
Total pre-tax, OTTI recognized	$	38	$	302
Less: pre-tax, OTTI recognized in AOCI		(4)		(11)
Pre-tax, OTTI recognized in earnings(a)	$	34	$	291

(a)Included pre-tax, other-than-temporary impairments recorded in earnings related to equity securities of $1 million during both the three months ended March 31, 2014 and 2013.

Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]

Changes in Cumulative Credit Loss Impairments Recognized on Debt Securities Still Held
	Three months ended March 31
(In millions)	2014		2013
Cumulative credit loss impairments recognized,
beginning of period	$	1,192	$	588
Credit loss impairments recognized on securities
not previously impaired		-		263
Incremental credit loss impairments recognized
on securities previously impaired		29		12
Less: credit loss impairments previously
recognized on securities sold during the period		(51)		(1)
Cumulative credit loss impairments recognized,
end of period	$	1,170	$	862

Schedule of contractual maturities

Contractual Maturities of Investment in Available-for-Sale Debt Securities (Excluding Mortgage-Backed and Asset-Backed Securities)
	Amortized		Estimated
(In millions)	cost		fair value
Due
Within one year	$	1,870	$	1,887
After one year through five years		3,633		3,896
After five years through ten years		5,349		5,641
After ten years		18,490		21,361

Supplemental gross realized gains losses on available-for-sale investment securities

	Three months ended March 31
(In millions)	2014		2013
GE
Gains	$	-	$	1
Losses, including impairments		-		(13)
Net		-		(12)
GECC
Gains		19		62
Losses, including impairments		(36)		(278)
Net		(17)		(216)
Total	$	(17)	$	(228)

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

	Three months ended March 31
(In millions)		2014		2013
Operations
Total revenues and other income (loss)	$	29	$	54
Earnings (loss) from discontinued operations
before income taxes	$	(14)	$	(142)
Benefit (provision) for income taxes		7		124
Earnings (loss) from discontinued operations,
net of taxes	$	(7)	$	(18)
Disposal
Gain (loss) on disposal before income taxes	$	18	$	(187)
Benefit (provision) for income taxes		1		85
Gain (loss) on disposal, net of taxes	$	19	$	(102)
Earnings (loss) from discontinued operations,
net of taxes(a)	$	12	$	(120)

(a)The sum of GE industrial earnings (loss) from discontinued operations, net of taxes, and GECC earnings (loss) from discontinued operations, net of taxes, is reported as GE earnings (loss) from discontinued operations, net of taxes, on theCondensed Statement of Earnings.

(In millions)	March 31, 2014		December 31, 2013
Assets
Cash and equivalents	$	133	$	232
Financing receivables – net		1		711
Other		1,324		1,396
Assets of discontinued operations	$	1,458	$	2,339
Liabilities
Deferred income taxes	$	258	$	248
Other		1,008		3,685
Liabilities of discontinued operations	$	1,266	$	3,933

Rollfoward of WMC's reserve and pending claims for WMC representation and warranty obligations

	Three months ended March 31
(In millions)		2014		2013
Balance, beginning of period	$	800	$	633
Provision		-		107
Claim resolutions		(250)		-
Balance, end of period	$	550	$	740

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Inventories (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Inventory, Net [Abstract]
Raw materials and work in process	$ 10,447	$ 10,220
Finished goods	7,911	6,794
Unbilled shipments	766	584
Inventory, Gross, Total	19,124	17,598
Less revaluation to LIFO	(243)	(273)
Total	$ 18,881	$ 17,325

XML

Summary of Operating Segments (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Segment Reporting Information [Line Items]
Revenues	$ 34,178		$ 34,943
Corporate items and eliminations revenues	(886)		801
Segment profit	5,212		4,874
GE interest and other financial charges	(2,414)		(2,603)
GE provision for income taxes	(516)		(508)
Earnings (loss) from continuing operations	2,987		3,647
Earnings (loss) from discontinued operations, net of taxes	12		(120)
Consolidated net earnings attributable to the Company	2,999		3,527
Percent Increase Decrease In Revenues	(0.02%)
Favorable Unfavorable Change In Corporate items and eliminations	U
Percent increase decrease in GE interest and other financial charges	0.13%
Percent increase decrease in GE provision for income taxes	(0.25%)
Percent increase decrease in Earnings (loss) from continuing operations	(0.18%)
Favorable Unfavorable Change In Earnings (loss) from discontinued operations, net of taxes	F
Percent increase decrease in net earnings attributable to the Company	(0.15%)
Power And Water [Member]
Segment Reporting Information [Line Items]
Revenues	5,509		4,825
Segment profit	888		719
Percent Increase Decrease In Revenues	0.14%
Percent increase decrease in Segment Profit	0.24%
Oil And Gas [Member]
Segment Reporting Information [Line Items]
Revenues	4,308		3,399
Segment profit	446		325
Percent Increase Decrease In Revenues	0.27%
Percent increase decrease in Segment Profit	0.37%
Energy Management [Member]
Segment Reporting Information [Line Items]
Revenues	1,672		1,748
Segment profit	5		15
Percent Increase Decrease In Revenues	(0.04%)
Percent increase decrease in Segment Profit	(0.67%)
Aviation [Member]
Segment Reporting Information [Line Items]
Revenues	5,778		5,074
Segment profit	1,115		936
Percent Increase Decrease In Revenues	0.14%
Percent increase decrease in Segment Profit	0.19%
Healthcare [Member]
Segment Reporting Information [Line Items]
Revenues	4,198		4,289
Segment profit	570		595
Percent Increase Decrease In Revenues	(0.02%)
Percent increase decrease in Segment Profit	(0.04%)
Transportation [Member]
Segment Reporting Information [Line Items]
Revenues	1,227		1,422
Segment profit	202		267
Percent Increase Decrease In Revenues	(0.14%)
Percent increase decrease in Segment Profit	(0.24%)
Appliances And Lighting [Member]
Segment Reporting Information [Line Items]
Revenues	1,857		1,917
Segment profit	53		79
Percent Increase Decrease In Revenues	(0.03%)
Percent increase decrease in Segment Profit	(0.33%)
GE Capital [Member]
Segment Reporting Information [Line Items]
Revenues	10,515		11,468
Segment profit	1,933		1,938
Percent Increase Decrease In Revenues	(0.08%)
Percent increase decrease in Segment Profit	0.00%
Industrial Segments [Member]
Segment Reporting Information [Line Items]
Revenues	24,549		22,674
Segment profit	3,279		2,936
Percent Increase Decrease In Revenues	0.08%
Percent increase decrease in Segment Profit	0.12%
Total Segment Revenues [Member]
Segment Reporting Information [Line Items]
Revenues	35,064		34,142
Percent Increase Decrease In Revenues	0.03%
Percent increase decrease in Segment Profit	0.07%
Corporate Items And Eliminations [Member]
Segment Reporting Information [Line Items]
Segment profit	(1,542)		(479)
Favorable Unfavorable Change In Revenues	U
Subsidiaries [Member]
Segment Reporting Information [Line Items]
Revenues	26,105	[1]	25,861	[1]
GE interest and other financial charges	(365)	[1]	(324)	[1]
GE provision for income taxes	(318)	[1]	(424)	[1]
Earnings (loss) from continuing operations	2,987	[1]	3,647	[1]
Earnings (loss) from discontinued operations, net of taxes	12	[1]	(120)	[1]
Consolidated net earnings attributable to the Company	$ 2,999	[1]	$ 3,527	[1]

[1] Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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Inventories (Tables)

3 Months Ended

Mar. 31, 2014

Inventory, Net [Abstract]

Inventories

(In millions)	March 31, 2014		December 31, 2013
Raw materials and work in process	$	10,447	$	10,220
Finished goods		7,911		6,794
Unbilled shipments		766		584
		19,124		17,598
Less revaluation to LIFO		(243)		(273)
Total	$	18,881	$	17,325

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GECC Financing Receivables, Allowance For Losses On Financing Receivables and Supplemental Information On Credit Quality (Tables)

3 Months Ended

Mar. 31, 2014

Loans and Leases Receivable Disclosure [Abstract]

GECC financing receivables

(In millions)	March 31, 2014		December 31, 2013
Loans, net of deferred income(a)	$	226,135	$	231,268
Investment in financing leases, net of deferred income		26,251		26,939
		252,386		258,207
Allowance for losses		(5,144)		(5,178)
Financing receivables – net(b)	$	247,242	$	253,029

• Deferred income was $1,714 million and $2,013 million at March 31, 2014 and December 31, 2013, respectively.
• Financing receivables at March 31, 2014 and December 31, 2013 included $532 million and $544 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination.

Financing Receivables

(In millions)	March 31, 2014		December 31, 2013
Commercial
CLL
Americas	$	68,367	$	69,036
International		46,208		47,431
Total CLL		114,575		116,467
Energy Financial Services		2,753		3,107
GE Capital Aviation Services (GECAS)		8,851		9,377
Other		139		318
Total Commercial		126,318		129,269
Real Estate		20,236		19,899
Consumer
Non-U.S. residential mortgages		30,355		30,501
Non-U.S. installment and revolving credit		13,715		13,677
U.S. installment and revolving credit		52,887		55,854
Non-U.S. auto		1,957		2,054
Other		6,918		6,953
Total Consumer		105,832		109,039
Total financing receivables		252,386		258,207
Allowance for losses		(5,144)		(5,178)
Total financing receivables – net	$	247,242	$	253,029

Schedule Of Allowance For Losses

Allowance for Losses on Financing Receivables
			Provision
	Balance at		charged to					Gross						Balance at
(In millions)	January 1		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	March 31
2014
Commercial
CLL
Americas	$	473	$	84	$	(1)		$	(156)		$	19		$	419
International		505		18		2			(100)			24			449
Total CLL		978		102		1			(256)			43			868
Energy Financial Services		8		9		-			(2)			1			16
GECAS		17		8		-			-			-			25
Other		2		-		(2)			-			-			-
Total Commercial		1,005		119		(1)			(258)			44			909
Real Estate		192		(15)		2			(6)			2			175
Consumer
Non-U.S. residential mortgages		358		10		5			(46)			9			336
Non-U.S. installment and
revolving credit		594		71		8			(189)			104			588
U.S. installment and
revolving credit		2,823		752		18			(785)			139			2,947
Non-U.S. auto		56		12		2			(23)			14			61
Other		150		21		(17)			(40)			14			128
Total Consumer		3,981		866		16			(1,083)			280			4,060
Total	$	5,178	$	970	$	17		$	(1,347)		$	326		$	5,144

2013
Commercial
CLL
Americas	$	496	$	71	$	(1)	$	(103)	$	30	$	493
International		525		94		(10)		(150)		24		483
Total CLL		1,021		165		(11)		(253)		54		976
Energy Financial Services		9		(1)		-		-		-		8
GECAS		8		(1)		-		-		-		7
Other		3		-		-		(1)		-		2
Total Commercial		1,041		163		(11)		(254)		54		993
Real Estate		320		(20)		(6)		(29)		-		265
Consumer
Non-U.S. residential mortgages		480		56		(17)		(55)		12		476
Non-U.S. installment and
revolving credit		582		180		(14)		(231)		140		657
U.S. installment and
revolving credit		2,282		1,014		(50)		(744)		163		2,665
Non-U.S. auto		67		17		(5)		(30)		17		66
Other		172		47		7		(52)		7		181
Total Consumer		3,583		1,314		(79)		(1,112)		339		4,045
Total	$	4,944	$	1,457	$	(96)	$	(1,395)	$	393	$	5,303

• Other primarily includes the effects of currency exchange.
• Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

Nonaccrual Financing Receivables

		March 31, 2014									December 31, 2013
		Over 30 days			Over 90 days						Over 30 days			Over 90 days
		past due			past due		Nonaccrual				past due			past due		Nonaccrual
Commercial
CLL
Americas	$	713		$	390		$	1,239		$	755		$	359		$	1,275
International		1,743			946			1,415			1,490			820			1,459
Total CLL		2,456			1,336			2,654			2,245			1,179			2,734
Energy Financial Services		-			-			43			-			-			4
GECAS		1			-			275			-			-			-
Other		-			-			-			-			-			6
Total Commercial		2,457			1,336			2,972	(a)		2,245			1,179			2,744	(a)
Real Estate		263			207			2,383	(b)		247			212			2,551	(b)
Consumer
Non-U.S. residential mortgages		3,130			2,082			2,140			3,406			2,104			2,161
Non-U.S. installment and revolving credit		533			152			73			512			146			88
U.S. installment and revolving credit		2,169			1,028			2			2,442			1,105			2
Non-U.S. auto		93			12			16			89			13			18
Other		165			89			335			172			99			351
Total Consumer		6,090			3,363	(c)		2,566	(d)		6,621			3,467	(c)		2,620	(d)
Total	$	8,810		$	4,906		$	7,921		$	9,113		$	4,858		$	7,915
Total as a percent of financing receivables		3.5	%		1.9	%		3.1	%		3.5	%		1.9	%		3.1	%

• Includes $1,596 million and $1,397 million at March 31, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.
• Includes $2,127 million and $2,308 million at March 31, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.
• Includes $1,150 million and $1,197millionof Consumer loans at March 31, 2014 and December 31, 2013, respectively, that are over 90 days past due and continue to accrue interest until the accounts are written off in the period that the account becomes 180 days past due.
• Includes $311 million and $323 million at March 31, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.

Impaired Loans

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment		investment		principal		Associated		investment
(In millions)	in loans		balance		in loans		in loans		balance		allowance		in loans
March 31, 2014
Commercial
CLL
Americas	$	1,792	$	2,385	$	1,731	$	257	$	354	$	49	$	337
International(a)		1,214		2,072		1,159		602		918		169		647
Total CLL		3,006		4,457		2,890		859		1,272		218		984
Energy Financial Services		18		18		9		26		26		3		15
GECAS		-		-		-		65		65		8		32
Other		-		-		1		-		-		-		2
Total Commercial(b)		3,024		4,475		2,900		950		1,363		229		1,033
Real Estate(c)		2,925		3,448		2,770		737		871		53		991
Consumer(d)		132		169		120		2,836		2,854		560		2,857
Total	$	6,081	$	8,092	$	5,790	$	4,523	$	5,088	$	842	$	4,881
December 31, 2013
Commercial
CLL
Americas	$	1,670	$	2,187	$	2,154	$	417	$	505	$	96	$	509
International(a)		1,104		1,938		1,136		691		1,046		231		629
Total CLL		2,774		4,125		3,290		1,108		1,551		327		1,138
Energy Financial Services		-		-		-		4		4		1		2
GECAS		-		-		-		-		-		-		1
Other		2		3		9		4		4		-		5
Total Commercial(b)		2,776		4,128		3,299		1,116		1,559		328		1,146
Real Estate(c)		2,615		3,036		3,058		1,245		1,507		74		1,688
Consumer(d)		109		153		98		2,879		2,948		567		3,058
Total	$	5,500	$	7,317	$	6,455	$	5,240	$	6,014	$	969	$	5,892

• Write-offs to net realizable value are recognized against the allowance for losses primarily in the reporting period in which management has deemed all or a portion of the financing receivable to be uncollectible, but not later than 360 days after initial recognition of a specific reserve for a collateral dependent loan. However, in accordance with regulatory standards that are applicable in Italy, commercial loans are considered uncollectible when there is demonstrable evidence of the debtor's insolvency, which may result in write-offs occurring beyond 360 days after initial recognition of a specific reserve.
• We recognized $57 million, $218 million and $53million of interest income, including none, $60 million and $16millionon a cash basis, in the three months ended March 31, 2014, the year ended December 31, 2013 and the three months ended March 31, 2013, respectively, principally in our CLL Americas business. The total average investment in impaired loans for the three months ended March 31, 2014 and the year ended December 31, 2013 was $3,933 million and $4,445 million, respectively.
• We recognized $19 million, $187 million and $57millionof interest income, including none, $135 million and $44million on a cash basis, in the three months ended March 31, 2014,the year ended December 31, 2013 and the three months ended March 31, 2013, respectively. The total average investment in impaired loans for the three months ended March 31, 2014 and the year ended December 31, 2013 was $3,761 million and $4,746 million, respectively.
• We recognized $46 million, $221 million and $57 millionof interest income, including an insignificant amount, $3 million and $1 millionon a cash basis, in the three months ended March 31, 2014,the year ended December 31, 2013 and the three months ended March 31, 2013, respectively, principally in our Consumer-U.S. installment and revolving credit portfolios. The total average investment in impaired loans for the three months ended March 31, 2014 and the year endedDecember 31, 2013 was $2,977 million and $3,156 million, respectively.

(In millions)	Non-impaired financing receivables		General reserves		Impaired loans		Specific reserves
March 31, 2014
Commercial	$	122,344	$	680	$	3,974	$	229
Real Estate		16,574		122		3,662		53
Consumer		102,864		3,500		2,968		560
Total	$	241,782	$	4,302	$	10,604	$	842
December 31, 2013
Commercial	$	125,377	$	677	$	3,892	$	328
Real Estate		16,039		118		3,860		74
Consumer		106,051		3,414		2,988		567
Total	$	247,467	$	4,209	$	10,740	$	969

Financing Receivables And Allowance For Losses

Commercial Financing Receivables Risk by Category
	Secured
(In millions)	A		B		C		Total
March 31, 2014
CLL
Americas	$	65,126	$	1,348	$	1,538	$	68,012
International		43,537		565		1,439		45,541
Total CLL		108,663		1,913		2,977		113,553
Energy Financial Services		2,616		62		44		2,722
GECAS		8,582		55		214		8,851
Other		139		-		-		139
Total	$	120,000	$	2,030	$	3,235	$	125,265
December 31, 2013
CLL
Americas	$	65,545	$	1,587	$	1,554	$	68,686
International		44,930		619		1,237		46,786
Total CLL		110,475		2,206		2,791		115,472
Energy Financial Services		2,969		9		-		2,978
GECAS		9,175		50		152		9,377
Other		318		-		-		318
Total	$	122,937	$	2,265	$	2,943	$	128,145

Commercial Real Estate Portfolio Segment [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables

Credit Quality Indicators

	Loan-to-value ratio
	March 31, 2014						December 31, 2013
	Less than		80% to		Greater than		Less than		80% to		Greater than
(In millions)	80%		95%		95%		80%		95%		95%
Debt	$	15,974	$	1,512	$	1,754	$	15,576	$	1,300	$	2,111

Consumer Portfolio Segment [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables

Credit Quality Indicators

	Loan-to-value ratio
	March 31, 2014							December 31, 2013
	80% or		Greater than		Greater than		80% or		Greater than		Greater than
(In millions)	less		80% to 90%		90%		less		80% to 90%		90%
Non-U.S. residential mortgages	$	17,148	$	5,098	$	8,109	$	17,224	$	5,130	$	8,147

	Internal ratings translated to approximate credit bureau equivalent score
	March 31, 2014						December 31, 2013
	671 or		626 to		625 or		671 or		626 to		625 or
(In millions)	higher		670		less		higher		670		less
Non-U.S. installment and
revolving credit	$	8,033	$	3,117	$	2,565	$	8,310	$	2,855	$	2,512
U.S. installment and
revolving credit		34,388		10,817		7,682		36,723		11,101		8,030
Non-U.S. auto		1,338		344		275		1,395		373		286

XML

Summary of Operating Segments (Unaudited)

3 Months Ended

Mar. 31, 2014

Summary of Operating Segments [Abstract]

Summary of Operating Segments

Summary of Operating Segments(Unaudited)

		Three months ended March 31
(Dollars in millions)			2014			2013		V%
Revenues
Power & Water	$	5,509		$	4,825		14%
Oil & Gas		4,308			3,399		27%
Energy Management		1,672			1,748		(4%)
Aviation		5,778			5,074		14%
Healthcare		4,198			4,289		(2%)
Transportation		1,227			1,422		(14%)
Appliances & Lighting		1,857			1,917		(3%)
Total industrial segment revenues		24,549			22,674		8%
GE Capital		10,515			11,468		(8%)
Total segment revenues		35,064			34,142		3%
Corporate items and eliminations		(886)			801		U
Consolidated revenues and other income	$	34,178		$	34,943		(2%)
Segment profit
Power & Water	$	888		$	719		24%
Oil & Gas		446			325		37%
Energy Management		5			15		(67%)
Aviation		1,115			936		19%
Healthcare		570			595		(4%)
Transportation		202			267		(24%)
Appliances & Lighting		53			79		(33%)
Total industrial segment profit		3,279			2,936		12%
GE Capital		1,933			1,938		-%
Total segment profit		5,212			4,874		7%
Corporate items and eliminations		(1,542)			(479)		U
GE interest and other financial charges		(365)			(324)		(13%)
GE provision for income taxes		(318)			(424)		25%
Earnings from continuing operations
attributable to the Company		2,987			3,647		(18%)
Earnings (loss) from discontinued operations,
net of taxes, attributable to the Company		12			(120)		F
Consolidated net earnings attributable to
the Company	$	2,999		$	3,527		(15%)

XML

Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

(In millions)	March 31, 2014		December 31, 2013
Original cost	$	115,869	$	116,469
Less accumulated depreciation and amortization		(48,126)		(47,642)
Property, plant and equipment – net	$	67,743	$	68,827

XML

Financial Instruments (Derivatives and hedging) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	$ 336,000
Derivative asset, fair value	1,074	1,005
Derivative liability, fair value	853	1,315
Cumulative gain (loss) adjustment for non performance risk	30	(7)
Excess Collateralization	177	160
Excess Collateral Posted	56	37
Excess Securities Collateral Held	75	363
Netting Adjustment Including Collateral [Member] | Derivatives [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	(6,300)	(6,739)
Derivative liabilities	(3,895)	(4,355)
Recognized In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	9,029	9,706
Derivative liabilities	4,748	5,670
Netting Adjustment [Member] | Amounts Offset In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	(3,556)	(4,120)
Derivative liabilities	(3,586)	(4,113)
Cash Collateral [Member] | Amounts Offset In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	(2,744)	(2,619)
Derivative liabilities	(309)	(242)
Securities Pledged as Collateral [Member] | Not Offset In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	(1,655)	(1,962)
Derivative liabilities	0	0
Derivatives Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	5,518	5,668
Derivative liabilities	2,535	2,973
Derivatives Not Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	2,328	2,811
Derivative liabilities	2,172	2,456
Derivatives Associated With Interest Rate, Currency Or Market Risk Reduction Or Elimination [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	293,000
Percentage Of Notional Amount That Is Associated With Reducing Or Eliminating Interest Rate, Currency, Or Market Risk	87.00%
Gross Derivatives [Member] | Recognized In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	7,846	8,479
Derivative liabilities	4,707	5,429
Gross Accrued Interest [Member] | Recognized In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	1,183	1,227
Derivative liabilities	41	241
Net Derivative [Member] | Recognized In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	2,729	2,967
Derivative liabilities	853	1,315
Interest Rate Contract [Member] | Derivatives Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	4,187	3,837
Derivative liabilities	1,350	1,989
Interest Rate Contract [Member] | Derivatives Not Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	289	270
Derivative liabilities	145	169
Foreign Exchange Contract [Member] | Derivatives Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	1,330	1,830
Derivative liabilities	1,183	984
Foreign Exchange Contract [Member] | Derivatives Not Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	1,814	2,257
Derivative liabilities	1,979	2,245
Other Contract [Member] | Derivatives Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	1	1
Derivative liabilities	2	0
Other Contract [Member] | Derivatives Not Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	225	284
Derivative liabilities	$ 48	$ 42

XML

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2014

Fair Value Disclosures [Abstract]

Assets and liabilities at fair value

Assets and Liabilities Measured at Fair Value on a Recurring Basis
									Netting
(In millions)	Level 1		(a)	Level 2		(a)	Level 3		adjustment		(b)	Net balance
March 31, 2014
Assets
Investment securities
Debt
U.S. corporate	$	-		$	19,590		$	3,104	$	-		$	22,694
State and municipal		-			4,834			560		-			5,394
Residential mortgage-backed		-			1,793			81		-			1,874
Commercial mortgage-backed		-			3,112			11		-			3,123
Asset-backed(c)		-			430			6,908		-			7,338
Corporate – non-U.S.		52			678			1,072		-			1,802
Government – non-U.S.		1,334			823			1		-			2,158
U.S. government and federal agency		-			505			232		-			737
Retained interests		-			-			75		-			75
Equity
Available-for-sale		434			25			11		-			470
Trading		66			2			-		-			68
Derivatives(d)		-			7,683			163		(6,300)			1,546
Other(e)		-			-			288		-			288
Total	$	1,886		$	39,475		$	12,506	$	(6,300)		$	47,567
Liabilities
Derivatives	$	-		$	4,692		$	15	$	(3,895)		$	812
Other(f)		-			1,183			-		-			1,183
Total	$	-		$	5,875		$	15	$	(3,895)		$	1,995
December 31, 2013
Assets
Investment securities
Debt
U.S. corporate	$	-		$	18,788		$	2,953	$	-		$	21,741
State and municipal		-			4,193			96		-			4,289
Residential mortgage-backed		-			1,824			86		-			1,910
Commercial mortgage-backed		-			3,025			10		-			3,035
Asset-backed(c)		-			489			6,898		-			7,387
Corporate – non-U.S.		61			645			1,064		-			1,770
Government – non-U.S.		1,590			789			31		-			2,410
U.S. government and federal agency		-			545			225		-			770
Retained interests		-			-			72		-			72
Equity
Available-for-sale		475			31			11		-			517
Trading		78			2			-		-			80
Derivatives(d)		-			8,304			175		(6,739)			1,740
Other(e)		-			-			494		-			494
Total	$	2,204		$	38,635		$	12,115	$	(6,739)		$	46,215
Liabilities
Derivatives	$	-		$	5,409		$	20	$	(4,355)		$	1,074
Other(f)		-			1,170			-		-			1,170
Total	$	-		$	6,579		$	20	$	(4,355)		$	2,244

(a)There were nosecurities transferred between Level 1 and Level 2inthe three months ended March 31, 2014.

(b)       The netting of derivative receivables and payables (including the effects of any collateral posted or received) is permitted when a legally enforceable master netting agreement exists.

(c)Includes investments in our CLL business in asset-backed securities collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries.

(d)The fair value of derivatives includes an adjustment for non-performance risk. The cumulative adjustment was a gain (loss)of $30 million and $(7) million at March 31, 2014 and December 31, 2013, respectively. See Note 15 for additional information on the composition of our derivative portfolio.

(e)       Includes private equity investments and loans designated under the fair value option.

(f)       Primarily represented the liability associated with certain of our deferred incentive compensation plans.

Changes in level 3 instruments

Changes in Level 3 Instruments for the Three Months Ended
																				Net
																				change in
			Net			Net														unrealized
			realized/				realized/													gains
			unrealized				unrealized													(losses)
			gains			gains														relating to
	Balance		(losses)			(losses)								Transfers		Transfers		Balance		instruments
	at		included			included								into		out of		at		still held at
(In millions)	January 1		in earnings		(a)	in AOCI		Purchases		Sales		Settlements		Level 3(b)		Level 3(b)		March 31		March 31		(c)
2014
Investment securities
Debt
U.S. corporate	$	2,953	$	8		$	60	$	153	$	(2)	$	(112)	$	97	$	(53)	$	3,104	$	-
State and municipal		96		-			27		9		-		(7)		435		-		560		-
RMBS		86		-			(1)		-		-		(4)		-		-		81		-
CMBS		10		-			-		-		-		(1)		2		-		11		-
ABS		6,898		1			(27)		405		-		(369)		-		-		6,908		-
Corporate – non-U.S.		1,064		(21)			47		219		(2)		(235)		-		-		1,072		-
Government – non-U.S.		31		-			-		-		-		-		-		(30)		1		-
U.S. government and
federal agency		225		-			9		-		-		-		-		(2)		232		-
Retained interests		72		2			3		1		-		(3)		-		-		75		-
Equity
Available-for-sale		11		-			-		-		-		-		-		-		11		-
Derivatives(d)(e)		164		(7)			-		-		-		2		(1)		-		158		-
Other		494		3			-		83		(13)		-		-		(279)		288		(9)
Total	$	12,104	$	(14)		$	118	$	870	$	(17)	$	(729)	$	533	$	(364)	$	12,501	$	(9)

2013
Investment securities
Debt
U.S. corporate	$	3,591	$	(271)	$	219	$	63	$	(6)	$	(45)	$	93	$	(73)	$	3,571	$	-
State and municipal		77		-		-		4		-		(1)		10		-		90		-
RMBS		100		-		(3)		-		-		(1)		-		-		96		-
CMBS		6		-		-		-		-		-		-		-		6		-
ABS		5,023		1		(2)		144		-		(262)		12		-		4,916		-
Corporate – non-U.S.		1,218		8		19		825		(3)		(733)		15		-		1,349		-
Government – non-U.S.		42		-		(1)		-		-		-		-		-		41		-
U.S. government and
federal agency		277		-		(13)		-		-		-		-		-		264		-
Retained interests		83		3		10		-		-		(5)		-		-		91		-
Equity
Available-for-sale		13		-		-		-		-		-		-		(2)		11		-
Derivatives(d)(e)		416		(19)		-		(1)		-		(53)		-		-		343		12
Other		799		(22)		-		57		(55)		-		-		-		779		(21)
Total	$	11,645	$	(300)	$	229	$	1,092	$	(64)	$	(1,100)	$	130	$	(75)	$	11,557	$	(9)

• Earnings effects are primarily included in the GECC revenues from services and Interest and other financial charges captions in the Condensed Statement of Earnings.
• Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were primarily a result of increased use of quotes from independent pricing vendors based on recent trading activity.
• Represents the amount of unrealized gains or losses for the period included in earnings.
• Represents derivative assets net of derivative liabilities and included cash accruals of $10million and $4 million not reflected in the fair value hierarchy table for the three months ended March 31, 2014 and 2013, respectively.
• Gains (losses) included in “net realized/unrealized gains (losses) included in earnings” were offset by the earnings effects from the underlying items that were economically hedged. See Note 15.

Non-recurring fair value amounts (as measured at the time of the adjustment) for those assets remeasured to fair value on a non-recurring basis

	Remeasured during				Remeasured during
	the three months ended				the year ended
	March 31, 2014				December 31, 2013
(In millions)	Level 2		Level 3		Level 2		Level 3
Financing receivables and loans held for sale	$	87	$	1,596	$	210	$	2,986
Cost and equity method investments		-		354		-		690
Long-lived assets, including real estate		326		192		2,050		1,088
Total	$	413	$	2,142	$	2,260	$	4,764

Fair value adjustments to assets measured on a non-recurring basis

	Three months ended March 31
(In millions)	2014		2013
Financing receivables and loans held for sale	$	(113)	$	(128)
Cost and equity method investments		(208)		(81)
Long-lived assets, including real estate		(75)		(390)
Total	$	(396)	$	(599)

Significant Unobservable Inputs Used For Level Three Recurring And Nonrecurring Measurements [Table Text Block]

							Range
(Dollars in millions)	Fair value		Valuation technique		Unobservable inputs		(weighted average)
March 31, 2014
Recurring fair value measurements
Investment securities – Debt
U.S. corporate	$	947	Income approach		Discount rate(a)		1.5%-8.9% (5.0%)
State and Municipal		469	Income approach		Discount rate(a)		1.8%-6.0% (3.3%)
Asset-backed		6,868	Income approach		Discount rate(a)		1.3%-9.5% (3.8%)
Corporate – non-U.S.		776	Income approach		Discount rate(a)		1.4%-46.0% (15.3%)
Other financial assets		278	Income approach, Market comparables		Revenue multiple		1.7X-1.7X (1.7X)
					EBITDA multiple		5.4X-8.9X (6.9X)
					Discount rate(a)		3.9%-5.6% (4.8%)
					Capitalization rate(b)		7.3%-8.8% (7.6%)
Non-recurring fair value measurements
Financing receivables and loans held for sale	$	995	Income approach, Business enterprise value		Capitalization rate(b)		2.7%-11.3% (6.5%)
					EBITDA multiple		4.3X-6.5X (5.9X)
					WACC(c)		19.0%-19.0% (19.0%)
Cost and equity method investments		137	Income approach, Business enterprise value, Market comparables		Discount rate(a)		8.0%-10.0% (8.5%)
					EBITDA multiple		6.0X-9.0X (9.0X)
					Revenue multiple		2.9X-2.9X (2.9X)
Long-lived assets, including real estate		5		Income approach		Capitalization rate(b)		9.4%-15.3% (12.0%)
						Discount rate(a)		4.0%-19.0% (8.3%)
December 31, 2013
Recurring fair value measurements
Investment securities – Debt
U.S. corporate	$	898	Income approach		Discount rate(a)		1.5%-13.3% (6.5%)
Asset-backed		6,854	Income approach		Discount rate(a)		1.2%-10.5% (3.7%)
Corporate – non-U.S.		819	Income approach		Discount rate(a)		1.4%-46.0% (15.1%)
Other financial assets		381	Income approach, Market comparables		WACC(c)		9.3%-9.3% (9.3%)
					EBITDA multiple		5.4X-12.5X (9.5X)
					Discount rate(a)		5.2%-8.8% (5.3%)
					Capitalization rate(b)		6.3%-7.5% (7.2%)
Non-recurring fair value measurements
Financing receivables and loans held for sale	$	1,937	Income approach,		Capitalization rate(b)		5.5%-16.7% (8.0%)
			Business enterprise value		EBITDA multiple		4.3X-5.5X (4.8X)
					Discount rate(a)		6.6%-6.6% (6.6%)
Cost and equity method investments		102	Income approach, Market comparables		Discount rate(a)		5.7%-5.9% (5.8%)
					Capitalization rate(b)		8.5%-10.6% (10.0%)
					WACC(c)		9.3%-9.6% (9.4%)
					EBITDA multiple		7.1X-14.5X (11.3X)
					Revenue multiple		2.2X-12.6X (9.4X)
Long-lived assets, including real estate		694	Income approach		Capitalization rate(b)		5.4%-14.5% (7.8%)
					Discount rate(a)		4.0%-23.0% (9.0%)

• Discount rates are determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rate would result in a decrease in the fair value.
• Represents the rate of return on net operating income that is considered acceptable for an investor and is used to determine a property's capitalized value. An increase in the capitalization rate would result in a decrease in the fair value.
• Weighted average cost of capital (WACC).

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Investment Securities (Impairments) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Pre-tax, Other-Than-Temporary Impairments on Investment Securities
Total pre tax, OTTI recognized	$ 38	$ 302
Less: pre-tax, OTTI recognized in AOCI	(4)	(11)
Pre-tax, OTTI recognized in earnings	34	291
Other Than Temporary Impairment Related To Equity Securities	1	1
Changes in Cumulative Credit Loss Impairments Recognized on Debt Securities
Cumulative credit loss impairments recognized, beginning of period	1,192	588
Credit loss impairments recognized on securities not previously impaired	0	263
Incremental credit loss impairments recognized on securities previously impaired	29	12
Less: credit loss impairments previously recognized on securities sold during the period	(51)	(1)
Cumulative credit loss impairments recognized, end of period	$ 1,170	$ 862

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Shareowners' Equity (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Changes To Noncontrolling Interest
Beginning balance	$ 6,217	[1]	$ 5,444
Net earnings	(33)		(16)
Dividends	(10)		(18)
Dispositions	0		(104)
AOCI and other	9		30
Ending balance	$ 6,183	[1]	$ 5,336

[1] Included AOCI attributable to noncontrolling interests of $(180) million at both March 31, 2014 and December 31, 2013.

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Condensed Statement of Earnings (Unaudited) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Revenues and other income
Sales of goods	$ 16,941		$ 15,674
Sales of services	6,909		6,513
Other income	196		1,615
GECC earnings from continuing operations	0		0
GECC revenues from services	10,132		11,141
Total revenues and other income	34,178		34,943
Costs and expenses
Cost of goods sold	13,713		12,866
Cost of services sold	4,809		4,449
Interest and other financial charges	2,414		2,603
Investment contracts, insurance losses and insurance annuity benefits	620		663
Provision for losses on financing receivables	970		1,457
Other costs and expenses	8,196		8,766
Total costs and expenses	30,722		30,804
Earnings (loss) from continuing operations before income taxes	3,456		4,139
Benefit (provision) for income taxes	(516)		(508)
Earnings from continuing operations	2,940		3,631
Earnings (loss) from discontinued operations, net of taxes	12		(120)
Net earnings (loss)	2,952		3,511
Less net earnings (loss) attributable to noncontrolling interests	(47)		(16)
Net earnings (loss) attributable to the Company	2,999		3,527
Amounts attributable to the Company
Earnings (loss) from continuing operations	2,987		3,647
Earnings (loss) from discontinued operations, net of taxes	12		(120)
Net earnings (loss) attributable to the Company	2,999		3,527
Earnings from continuing operations
Diluted earnings per share	$ 0.29		$ 0.35
Basic earnings per share	$ 0.30		$ 0.35
Net earnings (loss)
Diluted earnings per share	$ 0.30		$ 0.34
Basic earnings per share	$ 0.30		$ 0.34
Dividends declared per common share	$ 0.22		$ 0.19
Subsidiaries [Member]
Revenues and other income
Sales of goods	16,988	[1]	15,677	[1]
Sales of services	7,023	[1]	6,626	[1]
Other income	161	[1]	1,620	[1]
GECC earnings from continuing operations	1,933	[1]	1,938	[1]
GECC revenues from services	0	[1]	0	[1]
Total revenues and other income	26,105	[1]	25,861	[1]
Costs and expenses
Cost of goods sold	13,762	[1]	12,874	[1]
Cost of services sold	4,923	[1]	4,562	[1]
Interest and other financial charges	365	[1]	324	[1]
Investment contracts, insurance losses and insurance annuity benefits	0	[1]	0	[1]
Provision for losses on financing receivables	0	[1]	0	[1]
Other costs and expenses	3,808	[1]	4,057	[1]
Total costs and expenses	22,858	[1]	21,817	[1]
Earnings (loss) from continuing operations before income taxes	3,247	[1]	4,044	[1]
Benefit (provision) for income taxes	(318)	[1]	(424)	[1]
Earnings from continuing operations	2,929	[1]	3,620	[1]
Earnings (loss) from discontinued operations, net of taxes	12	[1]	(120)	[1]
Net earnings (loss)	2,941	[1]	3,500	[1]
Less net earnings (loss) attributable to noncontrolling interests	(58)	[1]	(27)	[1]
Net earnings (loss) attributable to the Company	2,999	[1]	3,527	[1]
Amounts attributable to the Company
Earnings (loss) from continuing operations	2,987	[1]	3,647	[1]
Earnings (loss) from discontinued operations, net of taxes	12	[1]	(120)	[1]
Net earnings (loss) attributable to the Company	2,999	[1]	3,527	[1]
Subsidiaries GECC [Member]
Revenues and other income
Sales of goods	27		26
Sales of services	0		0
Other income	0		0
GECC earnings from continuing operations	0		0
GECC revenues from services	10,488		11,442
Total revenues and other income	10,515		11,468
Costs and expenses
Cost of goods sold	25		21
Cost of services sold	0		0
Interest and other financial charges	2,161		2,382
Investment contracts, insurance losses and insurance annuity benefits	643		689
Provision for losses on financing receivables	970		1,457
Other costs and expenses	4,574		4,886
Total costs and expenses	8,373		9,435
Earnings (loss) from continuing operations before income taxes	2,142		2,033
Benefit (provision) for income taxes	(198)		(84)
Earnings from continuing operations	1,944		1,949
Earnings (loss) from discontinued operations, net of taxes	12		(120)
Net earnings (loss)	1,956		1,829
Less net earnings (loss) attributable to noncontrolling interests	11		11
Net earnings (loss) attributable to the Company	1,945		1,818
Amounts attributable to the Company
Earnings (loss) from continuing operations	1,933		1,938
Earnings (loss) from discontinued operations, net of taxes	12		(120)
Net earnings (loss) attributable to the Company	$ 1,945		$ 1,818

[1] Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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Summary of Significant Accounting Policies (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract]
Unrecognized Tax Benefits Resulting in Net Operating Loss Carryforward	$ 1,224

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Condensed Statement of Financial Position (Unaudited) (Parenthetical) (USD $) In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Balance Sheet Related Disclosures [Abstract]
Preferred Stock, Shares Outstanding	50,000	50,000
Common Stock, Shares, Outstanding	10,027,765,000	10,060,881,000
Assets of consolidated variable interest entities that can only be used to settle the liabilities of those VIEs	$ 46,492
Net financing receivables of certain VIEs that can only be used to settle the liabilities of those VIEs	40,749
Investment securities of certain VIEs that can only be used to settle the liabilities of those VIEs	3,797
Nonrecourse Borrowings Of Consolidated Securitization Entities Where VIE Creditors Do Not Have Recourse To Company	27,175
Sum of accumulated other comprehensive income - net	(7,849)	(9,120)
Accumulated other comprehensive income - net attributable to noncontrolling interests	$ (180)	$ (180)

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GECC Financing Receivables, Allowance For Losses On Financing Receivables and Supplemental Information On Credit Quality (Allowance for Losses on Financing Receivables) (Details) (Subsidiaries GECC [Member], USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	$ 5,144	$ 5,303	$ 5,178	$ 4,944
Provision charged	970	1,457
Other	17	(96)
Gross write-offs	(1,347)	(1,395)
Recoveries	326	393
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	909	993	1,005	1,041
Provision charged	119	163
Other	(1)	(11)
Gross write-offs	(258)	(254)
Recoveries	44	54
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	419	493	473	496
Provision charged	84	71
Other	(1)	(1)
Gross write-offs	(156)	(103)
Recoveries	19	30
Commercial Portfolio Segment [Member] | GE International [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	449	483	505	525
Provision charged	18	94
Other	2	(10)
Gross write-offs	(100)	(150)
Recoveries	24	24
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	868	976	978	1,021
Provision charged	102	165
Other	1	(11)
Gross write-offs	(256)	(253)
Recoveries	43	54
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	16	8	8	9
Provision charged	9	(1)
Other	0	0
Gross write-offs	(2)	0
Recoveries	1	0
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	25	7	17	8
Provision charged	8	(1)
Other	0	0
Gross write-offs	0	0
Recoveries	0	0
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	0	2	2	3
Provision charged	0	0
Other	(2)	0
Gross write-offs	0	(1)
Recoveries	0	0
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	175	265	192	320
Provision charged	(15)	(20)
Other	2	(6)
Gross write-offs	(6)	(29)
Recoveries	2	0
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	4,060	4,045	3,981	3,583
Provision charged	866	1,314
Other	16	(79)
Gross write-offs	(1,083)	(1,112)
Recoveries	280	339
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	336	476	358	480
Provision charged	10	56
Other	5	(17)
Gross write-offs	(46)	(55)
Recoveries	9	12
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	588	657	594	582
Provision charged	71	180
Other	8	(14)
Gross write-offs	(189)	(231)
Recoveries	104	140
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	2,947	2,665	2,823	2,282
Provision charged	752	1,014
Other	18	(50)
Gross write-offs	(785)	(744)
Recoveries	139	163
Consumer Portfolio Segment [Member] | Non US auto [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	61	66	56	67
Provision charged	12	17
Other	2	(5)
Gross write-offs	(23)	(30)
Recoveries	14	17
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	128	181	150	172
Provision charged	21	47
Other	(17)	7
Gross write-offs	(40)	(52)
Recoveries	$ 14	$ 7

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Postretirement Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2014

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Effect on operations of the pension plans

Effect on Operations of Pension Plans
	Principal Pension Plans
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	318	$	401
Prior service cost amortization		54		61
Expected return on plan assets		(801)		(875)
Interest cost on benefit obligation		686		614
Net actuarial loss amortization		641		912
Pension plans cost	$	898	$	1,113

	Other Pension Plans
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	114	$	102
Prior service cost amortization		1		2
Expected return on plan assets		(197)		(165)
Interest cost on benefit obligation		146		130
Net actuarial loss amortization		49		86
Pension plans cost	$	113	$	155

Effect on operations of principal retiree health and life insurance plans

	Principal Retiree Health
	and Life Insurance Plans
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	44	$	73
Prior service cost amortization		98		98
Expected return on plan assets		(12)		(15)
Interest cost on benefit obligation		110		107
Net actuarial loss (gain) amortization		(43)		4
Retiree benefit plans cost	$	197	$	267

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Goodwill and Other Intangible Assets (Intangible Assets Subject to Amortization) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 26,920		$ 26,061
Accumulated amortization	(12,275)		(11,911)
Net	14,645		14,150
Intangible Assets, Net (Excluding Goodwill)	14,788		14,310
Adjustments To Reflect Present Value Of Future Profits In Run Off Insurance Operations To Reflect Effects That Would Have Been Recognized Had Related Unrealized Investment Securities Holding Gains Loses Actually Been Realized	316		322
Increase (Decrease) in Intangible Assets, Current	859
Amortization expense	420	399
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	8,426		7,938
Accumulated amortization	(2,402)		(2,312)
Net	6,024		5,626
Patents And Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	6,785		6,602
Accumulated amortization	(2,718)		(2,621)
Net	4,067		3,981
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,370		1,356
Accumulated amortization	(312)		(295)
Net	1,058		1,061
Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	8,478		8,256
Accumulated amortization	(5,420)		(5,252)
Net	3,058		3,004
Leases, Acquired-in-Place [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	679		703
Accumulated amortization	(480)		(498)
Net	199		205
Present Value Of Future Profits [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	583		574
Accumulated amortization	(583)		(574)
Net	0		0
All Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	599		632
Accumulated amortization	(360)		(359)
Net	$ 239		$ 273

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Fair Value Measurements

3 Months Ended

Mar. 31, 2014

Fair Value Disclosures [Abstract]

Fair Value Measurements

14. FAIR VALUE MEASUREMENTS

Recurring Fair Value Measurements

Our assets and liabilities measured at fair value on a recurring basis include investment securities primarily supporting obligations to annuitants and policyholders in our run-off insurance operationsand supporting obligations to holders of GICs in Trinity andinvestment securities held in our CLL business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries.

Assets and Liabilities Measured at Fair Value on a Recurring Basis
									Netting
(In millions)	Level 1		(a)	Level 2		(a)	Level 3		adjustment		(b)	Net balance
March 31, 2014
Assets
Investment securities
Debt
U.S. corporate	$	-		$	19,590		$	3,104	$	-		$	22,694
State and municipal		-			4,834			560		-			5,394
Residential mortgage-backed		-			1,793			81		-			1,874
Commercial mortgage-backed		-			3,112			11		-			3,123
Asset-backed(c)		-			430			6,908		-			7,338
Corporate – non-U.S.		52			678			1,072		-			1,802
Government – non-U.S.		1,334			823			1		-			2,158
U.S. government and federal agency		-			505			232		-			737
Retained interests		-			-			75		-			75
Equity
Available-for-sale		434			25			11		-			470
Trading		66			2			-		-			68
Derivatives(d)		-			7,683			163		(6,300)			1,546
Other(e)		-			-			288		-			288
Total	$	1,886		$	39,475		$	12,506	$	(6,300)		$	47,567
Liabilities
Derivatives	$	-		$	4,692		$	15	$	(3,895)		$	812
Other(f)		-			1,183			-		-			1,183
Total	$	-		$	5,875		$	15	$	(3,895)		$	1,995
December 31, 2013
Assets
Investment securities
Debt
U.S. corporate	$	-		$	18,788		$	2,953	$	-		$	21,741
State and municipal		-			4,193			96		-			4,289
Residential mortgage-backed		-			1,824			86		-			1,910
Commercial mortgage-backed		-			3,025			10		-			3,035
Asset-backed(c)		-			489			6,898		-			7,387
Corporate – non-U.S.		61			645			1,064		-			1,770
Government – non-U.S.		1,590			789			31		-			2,410
U.S. government and federal agency		-			545			225		-			770
Retained interests		-			-			72		-			72
Equity
Available-for-sale		475			31			11		-			517
Trading		78			2			-		-			80
Derivatives(d)		-			8,304			175		(6,739)			1,740
Other(e)		-			-			494		-			494
Total	$	2,204		$	38,635		$	12,115	$	(6,739)		$	46,215
Liabilities
Derivatives	$	-		$	5,409		$	20	$	(4,355)		$	1,074
Other(f)		-			1,170			-		-			1,170
Total	$	-		$	6,579		$	20	$	(4,355)		$	2,244

(a)There were nosecurities transferred between Level 1 and Level 2inthe three months ended March 31, 2014.

(b)       The netting of derivative receivables and payables (including the effects of any collateral posted or received) is permitted when a legally enforceable master netting agreement exists.

(c)Includes investments in our CLL business in asset-backed securities collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries.

(d)The fair value of derivatives includes an adjustment for non-performance risk. The cumulative adjustment was a gain (loss)of $30 million and $(7) million at March 31, 2014 and December 31, 2013, respectively. See Note 15 for additional information on the composition of our derivative portfolio.

(e)       Includes private equity investments and loans designated under the fair value option.

(f)       Primarily represented the liability associated with certain of our deferred incentive compensation plans.

Level 3 Instruments

The majority of our Level 3 balances consist of investment securities classified as available-for-sale with changes in fair value recorded in shareowners' equity.

Changes in Level 3 Instruments for the Three Months Ended
																				Net
																				change in
			Net			Net														unrealized
			realized/				realized/													gains
			unrealized				unrealized													(losses)
			gains			gains														relating to
	Balance		(losses)			(losses)								Transfers		Transfers		Balance		instruments
	at		included			included								into		out of		at		still held at
(In millions)	January 1		in earnings		(a)	in AOCI		Purchases		Sales		Settlements		Level 3(b)		Level 3(b)		March 31		March 31		(c)
2014
Investment securities
Debt
U.S. corporate	$	2,953	$	8		$	60	$	153	$	(2)	$	(112)	$	97	$	(53)	$	3,104	$	-
State and municipal		96		-			27		9		-		(7)		435		-		560		-
RMBS		86		-			(1)		-		-		(4)		-		-		81		-
CMBS		10		-			-		-		-		(1)		2		-		11		-
ABS		6,898		1			(27)		405		-		(369)		-		-		6,908		-
Corporate – non-U.S.		1,064		(21)			47		219		(2)		(235)		-		-		1,072		-
Government – non-U.S.		31		-			-		-		-		-		-		(30)		1		-
U.S. government and
federal agency		225		-			9		-		-		-		-		(2)		232		-
Retained interests		72		2			3		1		-		(3)		-		-		75		-
Equity
Available-for-sale		11		-			-		-		-		-		-		-		11		-
Derivatives(d)(e)		164		(7)			-		-		-		2		(1)		-		158		-
Other		494		3			-		83		(13)		-		-		(279)		288		(9)
Total	$	12,104	$	(14)		$	118	$	870	$	(17)	$	(729)	$	533	$	(364)	$	12,501	$	(9)

2013
Investment securities
Debt
U.S. corporate	$	3,591	$	(271)	$	219	$	63	$	(6)	$	(45)	$	93	$	(73)	$	3,571	$	-
State and municipal		77		-		-		4		-		(1)		10		-		90		-
RMBS		100		-		(3)		-		-		(1)		-		-		96		-
CMBS		6		-		-		-		-		-		-		-		6		-
ABS		5,023		1		(2)		144		-		(262)		12		-		4,916		-
Corporate – non-U.S.		1,218		8		19		825		(3)		(733)		15		-		1,349		-
Government – non-U.S.		42		-		(1)		-		-		-		-		-		41		-
U.S. government and
federal agency		277		-		(13)		-		-		-		-		-		264		-
Retained interests		83		3		10		-		-		(5)		-		-		91		-
Equity
Available-for-sale		13		-		-		-		-		-		-		(2)		11		-
Derivatives(d)(e)		416		(19)		-		(1)		-		(53)		-		-		343		12
Other		799		(22)		-		57		(55)		-		-		-		779		(21)
Total	$	11,645	$	(300)	$	229	$	1,092	$	(64)	$	(1,100)	$	130	$	(75)	$	11,557	$	(9)

• Earnings effects are primarily included in the GECC revenues from services and Interest and other financial charges captions in the Condensed Statement of Earnings.
• Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were primarily a result of increased use of quotes from independent pricing vendors based on recent trading activity.
• Represents the amount of unrealized gains or losses for the period included in earnings.
• Represents derivative assets net of derivative liabilities and included cash accruals of $10million and $4 million not reflected in the fair value hierarchy table for the three months ended March 31, 2014 and 2013, respectively.
• Gains (losses) included in “net realized/unrealized gains (losses) included in earnings” were offset by the earnings effects from the underlying items that were economically hedged. See Note 15.

Non-Recurring Fair Value Measurements

The following table represents non-recurring fair value amounts (as measured at the time of the adjustment) for those assets remeasured to fair value on a non-recurring basis during the fiscal year and still held at March 31, 2014 and December 31, 2013.

	Remeasured during				Remeasured during
	the three months ended				the year ended
	March 31, 2014				December 31, 2013
(In millions)	Level 2		Level 3		Level 2		Level 3
Financing receivables and loans held for sale	$	87	$	1,596	$	210	$	2,986
Cost and equity method investments		-		354		-		690
Long-lived assets, including real estate		326		192		2,050		1,088
Total	$	413	$	2,142	$	2,260	$	4,764

The following table represents the fair value adjustments to assets measured at fair value on a non-recurring basis and still held at March 31, 2014 and 2013.

	Three months ended March 31
(In millions)	2014		2013
Financing receivables and loans held for sale	$	(113)	$	(128)
Cost and equity method investments		(208)		(81)
Long-lived assets, including real estate		(75)		(390)
Total	$	(396)	$	(599)

Level 3 Measurements - Significant Unobservable Inputs

							Range
(Dollars in millions)	Fair value		Valuation technique		Unobservable inputs		(weighted average)
March 31, 2014
Recurring fair value measurements
Investment securities – Debt
U.S. corporate	$	947	Income approach		Discount rate(a)		1.5%-8.9% (5.0%)
State and Municipal		469	Income approach		Discount rate(a)		1.8%-6.0% (3.3%)
Asset-backed		6,868	Income approach		Discount rate(a)		1.3%-9.5% (3.8%)
Corporate – non-U.S.		776	Income approach		Discount rate(a)		1.4%-46.0% (15.3%)
Other financial assets		278	Income approach, Market comparables		Revenue multiple		1.7X-1.7X (1.7X)
					EBITDA multiple		5.4X-8.9X (6.9X)
					Discount rate(a)		3.9%-5.6% (4.8%)
					Capitalization rate(b)		7.3%-8.8% (7.6%)
Non-recurring fair value measurements
Financing receivables and loans held for sale	$	995	Income approach, Business enterprise value		Capitalization rate(b)		2.7%-11.3% (6.5%)
					EBITDA multiple		4.3X-6.5X (5.9X)
					WACC(c)		19.0%-19.0% (19.0%)
Cost and equity method investments		137	Income approach, Business enterprise value, Market comparables		Discount rate(a)		8.0%-10.0% (8.5%)
					EBITDA multiple		6.0X-9.0X (9.0X)
					Revenue multiple		2.9X-2.9X (2.9X)
Long-lived assets, including real estate		5		Income approach		Capitalization rate(b)		9.4%-15.3% (12.0%)
						Discount rate(a)		4.0%-19.0% (8.3%)
December 31, 2013
Recurring fair value measurements
Investment securities – Debt
U.S. corporate	$	898	Income approach		Discount rate(a)		1.5%-13.3% (6.5%)
Asset-backed		6,854	Income approach		Discount rate(a)		1.2%-10.5% (3.7%)
Corporate – non-U.S.		819	Income approach		Discount rate(a)		1.4%-46.0% (15.1%)
Other financial assets		381	Income approach, Market comparables		WACC(c)		9.3%-9.3% (9.3%)
					EBITDA multiple		5.4X-12.5X (9.5X)
					Discount rate(a)		5.2%-8.8% (5.3%)
					Capitalization rate(b)		6.3%-7.5% (7.2%)
Non-recurring fair value measurements
Financing receivables and loans held for sale	$	1,937	Income approach,		Capitalization rate(b)		5.5%-16.7% (8.0%)
			Business enterprise value		EBITDA multiple		4.3X-5.5X (4.8X)
					Discount rate(a)		6.6%-6.6% (6.6%)
Cost and equity method investments		102	Income approach, Market comparables		Discount rate(a)		5.7%-5.9% (5.8%)
					Capitalization rate(b)		8.5%-10.6% (10.0%)
					WACC(c)		9.3%-9.6% (9.4%)
					EBITDA multiple		7.1X-14.5X (11.3X)
					Revenue multiple		2.2X-12.6X (9.4X)
Long-lived assets, including real estate		694	Income approach		Capitalization rate(b)		5.4%-14.5% (7.8%)
					Discount rate(a)		4.0%-23.0% (9.0%)

• Discount rates are determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rate would result in a decrease in the fair value.
• Represents the rate of return on net operating income that is considered acceptable for an investor and is used to determine a property's capitalized value. An increase in the capitalization rate would result in a decrease in the fair value.
• Weighted average cost of capital (WACC).

At March 31, 2014 and December 31, 2013, other Level 3 recurring fair value measurements of $2,968 million and $2,816 million, respectively, and non-recurring measurements of $730 million and $1,460 million, respectively, are valued using non-binding broker quotes or other third-party sources. At March 31, 2014 and December 31, 2013, other recurring fair value measurements of $185 million and $327 million, respectively, and non-recurring fair value measurements of $275 million and $571 million, respectively, were individually insignificant and utilize a number of different unobservable inputs not subject to meaningful aggregation.

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Income Taxes (Tables)

3 Months Ended

Mar. 31, 2014

Income Tax Disclosure [Abstract]

Unrecognized tax benefits

Unrecognized Tax Benefits
(In millions)	March 31, 2014		December 31, 2013
Unrecognized tax benefits	$	5,911	$	5,816
Portion that, if recognized, would reduce tax
expense and effective tax rate(a)		4,223		4,307
Accrued interest on unrecognized tax benefits		970		975
Accrued penalties on unrecognized tax benefits		169		164
Reasonably possible reduction to the balance of
unrecognized tax benefits in succeeding 12 months		0-1,150		0-900
Portion that, if recognized, would reduce tax
expense and effective tax rate(a)		0-400		0-350

(a)       Some portion of such reduction may be reported as discontinued operations.

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Variable Interest Entities

3 Months Ended

Mar. 31, 2014

Variable Interest Entities [Abstract]

Variable Interest Entities

16. VARIABLE INTEREST ENTITIES

We use variable interest entities primarily to securitize financial assets and arrange other forms of asset-backed financing in the ordinary course of business. Except as noted below, investors in these entities only have recourse to the assets owned by the entity and not to our general credit. We do not have implicit support arrangements with any VIE. We did not provide non-contractual support for previously transferred financing receivables to any VIE in 2014 or2013.

Consolidated Variable Interest Entities

We consolidate VIEs because we have the power to direct the activities that significantly affect the VIE's economic performance, typically because of our role as either servicer or manager for the VIE. Our consolidated VIEs fall into three main groups, which are further described below:

• Trinity comprises two consolidated entities that hold investment securities, the majority of which are investment-grade, and were funded by the issuance of GICs. The GICs include conditions under which certain holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3 or the short-term credit ratings fall below A-1+/P-1. The outstanding GICs are subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC's ratings, among other things, and are reported in investment contracts, insurance liabilities and insurance annuity benefits.
• Consolidated Securitization Entities (CSEs) were created to facilitate securitization of financial assets and other forms of asset-backed financing that serve as an alternative funding source by providing access to variable funding notes and term markets. The securitization transactions executed with these entities are similar to those used by many financial institutions and substantially all are non-recourse. We provide servicing for substantially all of the assets in these entities.

  The financing receivables in these entities have similar risks and characteristics to our other financing receivables and were underwritten to the same standard. Accordingly, the performance of these assets has been similar to our other financing receivables; however, the blended performance of the pools of receivables in these entities reflects the eligibility criteria that we apply to determine which receivables are selected for transfer. Contractually the cash flows from these financing receivables must first be used to pay third-party debt holders as well as other expenses of the entity. Excess cash flows are available to GE. The creditors of these entities have no claim on other assets of GE.

• Other remaining assets and liabilities of consolidated VIEs relate primarily to three categories of entities: (1) joint ventures that lease equipmentwith$1,562 million of assets and $713 million of liabilities; (2) other entities that are involved in power generating and leasing activitieswith$733 million of assets and no liabilities; and(3) insurance entities that, among other lines of business, provide property and casualty and workers' compensation coverage for GEwith$1,195 million of assets and $525 million of liabilities.

Assets and Liabilities of Consolidated VIEs

			Consolidated Securitization Entities
									Trade
(In millions)	Trinity(a)		Credit cards		(b)	Equipment		(b)	receivables		Other		Total
March 31, 2014
Assets(c)
Financing receivables, net	$	-	$	23,888		$	13,029		$	2,628	$	2,067	$	41,612
Investment securities		2,764		-			-			-		1,034		3,798
Other assets		22		122			515			1		2,706		3,366
Total	$	2,786	$	24,010		$	13,544		$	2,629	$	5,807	$	48,776
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	583	$	583
Non-recourse borrowings		-		14,642			10,316			2,168		49		27,175
Other liabilities		1,454		265			285			28		1,458		3,490
Total	$	1,454	$	14,907		$	10,601		$	2,196	$	2,090	$	31,248
December 31, 2013
Assets(c)
Financing receivables, net	$	-	$	24,766		$	12,928		$	2,509	$	2,044	$	42,247
Investment securities		2,786		-			-			-		1,044		3,830
Other assets		213		20			557			-		2,430		3,220
Total	$	2,999	$	24,786		$	13,485		$	2,509	$	5,518	$	49,297
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	598	$	598
Non-recourse borrowings		-		15,363			10,982			2,180		49		28,574
Other liabilities		1,482		228			248			25		1,351		3,334
Total	$	1,482	$	15,591		$	11,230		$	2,205	$	1,998	$	32,506

(a)       Excludes intercompany advances from GECC to Trinity, which are eliminated in consolidation of $1,611 million and $1,837 million at March 31, 2014 and December 31, 2013, respectively.

(b)We provide servicing to the CSEs and are contractually permitted to commingle cash collected from customers on financing receivablessold to CSE investors with our own cash prior to payment to a CSE, provided our short-term credit rating does not fall below A-1/P-1. These CSEs also owe us amounts for purchased financial assets and scheduled interest and principal payments.At March 31, 2014 and December 31, 2013, the amounts of commingled cash owed to the CSEs were $3,106 million and $6,314 million, respectively, and the amounts owed to us by CSEs were $3,115 millionand$5,540 million, respectively.

(c)Asset amounts exclude intercompany receivables for cash collected on behalf of the entities by GE as servicer, which are eliminated in consolidation. Such receivables provide the cash to repay the entities' liabilities. If these intercompany receivables were included in the table above, assets would be higher. In addition, other assets, borrowings and other liabilities exclude intercompany balances that are eliminated in consolidation.

Total revenuesfrom our consolidated VIEs were $1,835 million and $1,804 million in the three months ended March 31, 2014 and 2013, respectively. Related expenses consisted primarily of provisions for losses of $301million and $414million in thethree months ended March 31, 2014 and 2013, respectively, and interest and other financial charges of $81million and $89million in the three months ended March 31, 2014 and 2013, respectively. These amounts do not include intercompany revenues and costs, principally fees and interest between GE and the VIEs, which are eliminated in consolidation.

Investments in Unconsolidated Variable Interest Entities

Our involvement with unconsolidated VIEs consists of the following activities: assisting in the formation and financing of the entity; providing recourse and/or liquidity support; servicing the assets; and receiving variable fees for services provided. We are not required to consolidate these entities because the nature of our involvement with the activities of the VIEs does not give us power over decisions that significantly affect their economic performance.

Our largest exposure to any single unconsolidated VIE at March 31, 2014 is a $7,018 million investment in asset-backed securities issued by the Senior Secured Loan Program (“SSLP”), a fund that invests in high-quality senior secured debt of various middle-market companies.Other significant unconsolidated VIEs include investments in real estate entities ($2,261 million), which generally consist of passive limited partnership investments in tax-advantaged, multi-family real estate and investments in various European real estate entities; and exposures to joint ventures that purchase factored receivables ($2,491 million).

The classification of our variable interests in these entities in our financial statements is based on the nature of the entity and the type of investment we hold. Variable interests in partnerships and corporate entities are classified as either equity method or cost method investments. In the ordinary course of business, we also make investments in entities in which we are not the primary beneficiary but may hold a variable interest such as limited partner interests or mezzanine debt investments. These investments are classified in two captions in our financial statements: “All other assets” for investments accounted for under the equity method, and “Financing receivables – net” for debt financing provided to these entities.

Investments in Unconsolidated VIEs

(In millions)	March 31, 2014		December 31, 2013
Other assets and investment securities	$	9,161	$	9,129
Financing receivables – net		3,084		3,346
Total investments		12,245		12,475
Contractual obligations to fund investments or guarantees		2,541		2,741
Revolving lines of credit		36		31
Total	$	14,822	$	15,247

In addition to the entities included in the table above, we also hold passive investments in RMBS, CMBS and ABS issued by VIEs. Such investments were, by design, investment-grade at issuance and held by a diverse group of investors. Further information about such investments is provided in Note 3.

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Postretirement Benefit Plans (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Disclosure of other pension plans includes pension plans with pension assets or obligations in excess of threshold amount	$ 50
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected return on plan assets	(801)	(875)
Service cost for benefits earned	318	401
Interest cost on benefit obligation	686	614
Prior service cost amortization	54	61
Net actuarial (gain) loss amortization	641	912
Pension plans cost	898	1,113
Other Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected return on plan assets	(197)	(165)
Service cost for benefits earned	114	102
Interest cost on benefit obligation	146	130
Prior service cost amortization	1	2
Net actuarial (gain) loss amortization	49	86
Pension plans cost	113	155
Principal Retiree Health and Life Insurance Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected return on plan assets	(12)	(15)
Service cost for benefits earned	44	73
Interest cost on benefit obligation	110	107
Prior service cost amortization	98	98
Net actuarial (gain) loss amortization	(43)	4
Pension plans cost	$ 197	$ 267

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Condensed Statement of Cash Flows (Unaudited) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Cash flows - operating activities
Net earnings	$ 2,952		$ 3,511
Less net earnings (loss) attributable to noncontrolling interests	(47)		(16)
Net earnings (loss) attributable to the Company	2,999		3,527
(Earnings) loss from discontinued operations, net of taxes	(12)		120
Adjustments to reconcile net earnings attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment	2,275		2,309
Earnings from continuing operations retained by GECC(b)	0	[1]	0	[1]
Deferred income taxes	(1,964)		(1,511)
Decrease (increase) in GE current receivables	482		562
Decrease (increase) in inventories	(1,445)		(977)
Increase (decrease) in accounts payable	1,007		750
Increase (decrease) in GE progress collections	(334)		598
Provision for losses on GECC financing receivables	970		1,457
All other operating activities	986		(2,124)
Cash from (used for) operating activities - continuing operations	4,964		4,711
Cash from (used for) operating activities - discontinued operations	(3)		(101)
Cash from (used for) operating activities	4,961		4,610
Cash flows - investing activities
Additions to property, plant and equipment	(3,361)		(3,644)
Dispositions of property, plant and equipment	1,192		829
Net decrease (increase) in GECC financing receivables	3,169		5,209
Proceeds from sales of discontinued operations	232		0
Proceeds from principal business dispositions	20		272
Proceeds from sales of associated companies	0		16,699
Net cash from (payments for) principal businesses purchased	(1,454)		6,383
All other investing activities	2,084		5,654
Cash from (used for) investing activities - continuing operations	1,882		31,402
Cash from (used for) investing activities - discontinued operations	(90)		83
Cash from (used for) investing activities	1,792		31,485
Cash flows - financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	(3,330)		(9,849)
Net increase (decrease) in bank deposits	1,175		(3,237)
Newly issued debt (maturities longer than 90 days)	8,775		17,521
Repayments and other reductions (maturities longer than 90 days)	(11,601)		(23,465)
Net dispositions (purchases) of GE shares for treasury	(1,337)		(1,733)
Dividends paid to shareowners	(2,223)		(1,983)
All other financing activities	46		(195)
Cash from (used for) financing activities - continuing operations	(8,495)		(22,941)
Cash from (used for) financing activities - discontinued operations	(6)		(15)
Cash from (used for) financing activities	(8,501)		(22,956)
Effect of currency exchange rate changes on cash and equivalents	73		(714)
Increase (decrease) in cash and equivalents	(1,675)		12,425
Cash and equivalents at beginning of year	88,787		77,459
Cash and equivalents at March 31	87,112		89,884
Less cash and equivalents of discontinued operations at March 31	133		158
Cash and equivalents of continuing operations at March 31	86,979		89,726
Subsidiaries [Member]
Cash flows - operating activities
Net earnings	2,941	[2]	3,500	[2]
Less net earnings (loss) attributable to noncontrolling interests	(58)	[2]	(27)	[2]
Net earnings (loss) attributable to the Company	2,999	[2]	3,527	[2]
(Earnings) loss from discontinued operations, net of taxes	(12)	[2]	120	[2]
Adjustments to reconcile net earnings attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment	659	[2]	612	[2]
Earnings from continuing operations retained by GECC(b)	(1,433)	[1],[2]	(1,938)	[1],[2]
Deferred income taxes	(341)	[2]	(1,762)	[2]
Decrease (increase) in GE current receivables	(143)	[2]	(635)	[2]
Decrease (increase) in inventories	(1,453)	[2]	(963)	[2]
Increase (decrease) in accounts payable	165	[2]	134	[2]
Increase (decrease) in GE progress collections	(347)	[2]	598	[2]
Provision for losses on GECC financing receivables	0	[2]	0	[2]
All other operating activities	1,656	[2]	507	[2]
Cash from (used for) operating activities - continuing operations	1,750	[2]	200	[2]
Cash from (used for) operating activities - discontinued operations	0	[2]	(2)	[2]
Cash from (used for) operating activities	1,750	[2]	198	[2]
Cash flows - investing activities
Additions to property, plant and equipment	(1,090)	[2]	(975)	[2]
Dispositions of property, plant and equipment	0	[2]	0	[2]
Net decrease (increase) in GECC financing receivables	0	[2]	0	[2]
Proceeds from sales of discontinued operations	0	[2]	0	[2]
Proceeds from principal business dispositions	20	[2]	111	[2]
Proceeds from sales of associated companies	0	[2]	16,699	[2]
Net cash from (payments for) principal businesses purchased	(1,454)	[2]	(9)	[2]
All other investing activities	81	[2]	(249)	[2]
Cash from (used for) investing activities - continuing operations	(2,443)	[2]	15,577	[2]
Cash from (used for) investing activities - discontinued operations	0	[2]	2	[2]
Cash from (used for) investing activities	(2,443)	[2]	15,579	[2]
Cash flows - financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	(756)	[2]	(529)	[2]
Net increase (decrease) in bank deposits	0	[2]	0	[2]
Newly issued debt (maturities longer than 90 days)	3,034	[2]	92	[2]
Repayments and other reductions (maturities longer than 90 days)	(35)	[2]	(5,013)	[2]
Net dispositions (purchases) of GE shares for treasury	(1,337)	[2]	(1,733)	[2]
Dividends paid to shareowners	(2,223)	[2]	(1,983)	[2]
All other financing activities	37	[2]	(29)	[2]
Cash from (used for) financing activities - continuing operations	(1,280)	[2]	(9,195)	[2]
Cash from (used for) financing activities - discontinued operations	0	[2]	0	[2]
Cash from (used for) financing activities	(1,280)	[2]	(9,195)	[2]
Effect of currency exchange rate changes on cash and equivalents	(19)	[2]	(17)	[2]
Increase (decrease) in cash and equivalents	(1,992)	[2]	6,565	[2]
Cash and equivalents at beginning of year	13,682	[2]	15,509	[2]
Cash and equivalents at March 31	11,690	[2]	22,074	[2]
Less cash and equivalents of discontinued operations at March 31	0	[2]	0	[2]
Cash and equivalents of continuing operations at March 31	11,690	[2]	22,074	[2]
Subsidiaries GECC [Member]
Cash flows - operating activities
Net earnings	1,956		1,829
Less net earnings (loss) attributable to noncontrolling interests	11		11
Net earnings (loss) attributable to the Company	1,945		1,818
(Earnings) loss from discontinued operations, net of taxes	(12)		120
Adjustments to reconcile net earnings attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment	1,616		1,697
Earnings from continuing operations retained by GECC(b)	0	[1]	0	[1]
Deferred income taxes	(1,623)		251
Decrease (increase) in GE current receivables	0		0
Decrease (increase) in inventories	13		(1)
Increase (decrease) in accounts payable	887		614
Increase (decrease) in GE progress collections	0		0
Provision for losses on GECC financing receivables	970		1,457
All other operating activities	(638)		(2,802)
Cash from (used for) operating activities - continuing operations	3,158		3,154
Cash from (used for) operating activities - discontinued operations	(3)		(99)
Cash from (used for) operating activities	3,155		3,055
Cash flows - investing activities
Additions to property, plant and equipment	(2,361)		(2,696)
Dispositions of property, plant and equipment	1,192		829
Net decrease (increase) in GECC financing receivables	3,983		6,326
Proceeds from sales of discontinued operations	232		0
Proceeds from principal business dispositions	0		161
Proceeds from sales of associated companies	0		0
Net cash from (payments for) principal businesses purchased	0		6,392
All other investing activities	3,009		6,226
Cash from (used for) investing activities - continuing operations	6,055		17,238
Cash from (used for) investing activities - discontinued operations	(90)		81
Cash from (used for) investing activities	5,965		17,319
Cash flows - financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	(3,750)		(9,457)
Net increase (decrease) in bank deposits	1,175		(3,237)
Newly issued debt (maturities longer than 90 days)	5,743		17,430
Repayments and other reductions (maturities longer than 90 days)	(11,566)		(18,452)
Net dispositions (purchases) of GE shares for treasury	0		0
Dividends paid to shareowners	(500)		0
All other financing activities	9		(166)
Cash from (used for) financing activities - continuing operations	(8,889)		(13,882)
Cash from (used for) financing activities - discontinued operations	(6)		(15)
Cash from (used for) financing activities	(8,895)		(13,897)
Effect of currency exchange rate changes on cash and equivalents	92		(697)
Increase (decrease) in cash and equivalents	317		5,780
Cash and equivalents at beginning of year	75,105		62,044
Cash and equivalents at March 31	75,422		67,824
Less cash and equivalents of discontinued operations at March 31	133		158
Cash and equivalents of continuing operations at March 31	$ 75,289		$ 67,666

[1] Represents GECC earnings from continuing operations attributable to the Company, net of GECC dividends paid to GE.

[2] Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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Condensed Consolidated Statement of Comprehensive Income (Unaudited) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Statement of Comprehensive Income [Abstract]
Net earnings	$ 2,952	$ 3,511
Less net earnings (loss) attributable to noncontrolling interests	(47)	(16)
Net earnings (loss) attributable to the Company	2,999	3,527
Other comprehensive income
Investment securities	457	68
Currency translation adjustments	49	(459)
Cash flow hedges	68	102
Benefit plans	695	853
Other comprehensive income	1,269	564
Less: Other comprehensive income (loss) attributable to noncontrolling interests	(2)	(2)
Other comprehensive income attributable to Company	1,271	566
Comprehensive income	4,221	4,075
Less: Comprehensive income (loss) attributable to noncontrolling interests	(49)	(18)
Comprehensive income attributable to Company	$ 4,270	$ 4,093

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Postretirement Benefit Plans

3 Months Ended

Mar. 31, 2014

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Postretirement Benefit Plans

9. POSTRETIREMENT BENEFIT PLANS

We sponsor a number of pension and retiree health and life insurance benefit plans. Principal pension plans are the GE Pension Plan and the GE Supplementary Pension Plan. Principal retiree benefit plans provide health and life insurance benefits to certain eligible participants and these participants share in the cost of the healthcare benefits. Other pension plans include the U.S. and non-U.S. pension plans with pension assets or obligations greater than $50 million. Smaller pension plans and other retiree benefit plans are not material individually or in the aggregate.

Effect on Operations of Pension Plans
	Principal Pension Plans
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	318	$	401
Prior service cost amortization		54		61
Expected return on plan assets		(801)		(875)
Interest cost on benefit obligation		686		614
Net actuarial loss amortization		641		912
Pension plans cost	$	898	$	1,113

	Other Pension Plans
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	114	$	102
Prior service cost amortization		1		2
Expected return on plan assets		(197)		(165)
Interest cost on benefit obligation		146		130
Net actuarial loss amortization		49		86
Pension plans cost	$	113	$	155

Effect on Operations of Principal Retiree Health and Life Insurance Plans

	Principal Retiree Health
	and Life Insurance Plans
	Three months ended March 31
(In millions)	2014		2013
Service cost for benefits earned	$	44	$	73
Prior service cost amortization		98		98
Expected return on plan assets		(12)		(15)
Interest cost on benefit obligation		110		107
Net actuarial loss (gain) amortization		(43)		4
Retiree benefit plans cost	$	197	$	267

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Intercompany Transactions (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Intercompany Transactions [Line Items]
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	$ 4,964	$ 4,711
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	1,882	31,402
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	(8,495)	(22,941)
Intercompany Table
Cash Provided by (Used in) Operating Activities Prior to Elimination of Intercompany Transactions	4,908	3,354
Net Increase Decrease In Parent Customer Receivables Sold To Finance Subsidiary That Have Been Eliminated From Consolidated Cash From Investing Activities	(1,185)	(966)
Elimination of Dividends from GECC to GE from consolidated cash from operating activities	(500)	0
Eliminations of other reclassifications and eliminations from consolidated cash from operating activities	(175)	381
Cash Provided by (Used in) Investing Activities Prior to Elimination of Intercompany Transactions	3,612	32,815
Net Increase Decrease In Parent Customer Receivables Sold To Finance Subsidiary That Have Been Eliminated From Consolidated Cash From Financing Activities	454	(10)
Eliminations of other reclassifications and eliminations from consolidated cash from investing activities	(545)	(447)
Cash Provided by (Used in) Financing Activities Prior to Elimination of Intercompany Transactions	(10,169)	(23,077)
Net Increase Decrease In Parent Customer Receivables Sold To Finance Subsidiary That Have Been Eliminated From Consolidated Cash From Operating Activities	731	976
Elimination of Dividends from GECC to GE from consolidated cash from financing activities	500	0
Eliminations of other reclassifications and eliminations from consolidated cash from financing activities	720	146
Consolidation, Eliminations [Member]
Intercompany Transactions [Line Items]
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	56	1,357
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	(1,730)	(1,413)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	$ 1,674	$ 136

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Document and Entity Information	3 Months Ended
	Mar. 31, 2014
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Mar. 31, 2014
Amendment Flag	false
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2014
Entity Registrant Name	General Electric Company
Entity Central Index Key	0000040545
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	10,027,765,000

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Income Taxes

3 Months Ended

Mar. 31, 2014

Income Tax Disclosure [Abstract]

Income Taxes

10. INCOME TAXES

Unrecognized Tax Benefits
(In millions)	March 31, 2014		December 31, 2013
Unrecognized tax benefits	$	5,911	$	5,816
Portion that, if recognized, would reduce tax
expense and effective tax rate(a)		4,223		4,307
Accrued interest on unrecognized tax benefits		970		975
Accrued penalties on unrecognized tax benefits		169		164
Reasonably possible reduction to the balance of
unrecognized tax benefits in succeeding 12 months		0-1,150		0-900
Portion that, if recognized, would reduce tax
expense and effective tax rate(a)		0-400		0-350

(a)       Some portion of such reduction may be reported as discontinued operations.

The Internal Revenue Service (IRS) is currently auditing our consolidated U.S. income tax returns for 2010-2011. In addition, certain other U.S. tax deficiency issues and refund claims for previous years are still unresolved. The IRS has disallowed the tax loss on our 2003 disposition of ERC Life Reinsurance Corporation. We have contested the disallowance of this loss. It is reasonably possible that theunresolved itemscould be resolved during the next 12 months, which could result in a decrease in our balance of unrecognized tax benefits – that is, the aggregate tax effect of differences between tax return positions and the benefits recognized in our financial statements. We believe that there are no other jurisdictions in which the outcome of unresolved issues or claims is likely to be material to our results of operations, financial position or cash flows. We further believe that we have made adequate provision for all income tax uncertainties.

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Fair Value Measurements (Parenthetical) (Details) (USD $) In Millions, unless otherwise specified			3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014 Cost and equity method investments [Member]	Mar. 31, 2013 Cost and equity method investments [Member]	Mar. 31, 2014 Long Lived Assets, Including Real Estate [Member]	Mar. 31, 2013 Long Lived Assets, Including Real Estate [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 3 [Member] Cost and equity method investments [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 3 [Member] Cost and equity method investments [Member]	Mar. 31, 2014 Fair Value, Inputs, Level 3 [Member] Long Lived Assets, Including Real Estate [Member]	Dec. 31, 2013 Fair Value, Inputs, Level 3 [Member] Long Lived Assets, Including Real Estate [Member]
Adjustments To Assets Measured At Fair Value On Non Recurring Basis			$ (208)	$ (81)	$ (75)	$ (390)
Fair Value Assets Measured On Non Recurring Basis	$ 730	$ 1,460					$ 354	$ 690	$ 192	$ 1,088

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Variable Interest Entities (Unconsolidated Variable Interest Entities) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Variable Interest Entity [Line Items]
Financing receivables	$ 237,005	$ 241,940
Long-term Debt and Capital Lease Obligations	220,992	221,665
Unconsolidated VIEs [Member]
Variable Interest Entity [Line Items]
Real Estate Investments, Net	2,261
Debt Investment Fund	7,018
Factored Receivables	2,491
PTL [Member] | Investment in Unconsolidated VIEs [Member]
Variable Interest Entity [Line Items]
Long-term Debt and Capital Lease Obligations	700	700
Total [Member] | Investment in Unconsolidated VIEs [Member]
Variable Interest Entity [Line Items]
Other assets and investment securities	9,161	9,129
Financing receivables	3,084	3,346
Total investment	12,245	12,475
Contractual obligations to fund new investments or guarantees	2,541	2,741
Revolving lines of credit	36	31
Total	$ 14,822	$ 15,247

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Condensed Consolidated Statement of Changes in Shareowners' Equity (Unaudited) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Statement Of Changes In Shareowners Equity [Abstract]
GE shareowners' equity balance at January 1	$ 130,566		$ 123,026
Net earnings (loss) attributable to the Company	2,999		3,527
Dividends and other transactions with shareowners	(2,210)		(1,974)
Other comprehensive income attributable to Company	1,271		566
Net sales (purchases) of shares for treasury	(840)		(1,422)
Changes in other capital	50		(9)
Ending balance at March 31	131,836		123,714
Noncontrolling interests	6,183	[1]	5,336
Total equity balance at March 31	$ 138,019		$ 129,050

[1] Included AOCI attributable to noncontrolling interests of $(180) million at both March 31, 2014 and December 31, 2013.

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Inventories

3 Months Ended

Mar. 31, 2014

Inventory, Net [Abstract]

Inventories

4. INVENTORIES

(In millions)	March 31, 2014		December 31, 2013
Raw materials and work in process	$	10,447	$	10,220
Finished goods		7,911		6,794
Unbilled shipments		766		584
		19,124		17,598
Less revaluation to LIFO		(243)		(273)
Total	$	18,881	$	17,325

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Investment Securities

3 Months Ended

Mar. 31, 2014

Investments, Debt and Equity Securities [Abstract]

Investment Securities

3.INVESTMENT SECURITIES

Substantially all of our investment securities are classified as available-for-sale. These comprise mainly investment-gradedebt securities supporting obligations to annuitants, policyholders in our run-off insurance operations and supporting obligations to holders of guaranteed investment contracts (GICs) in Trinity and investments held in our CLL business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries. We do not have any securities classified as held-to-maturity.

	March 31, 2014								December 31, 2013
			Gross		Gross						Gross		Gross
	Amortized		unrealized		unrealized		Estimated		Amortized		unrealized		unrealized		Estimated
(In millions)	cost		gains		losses		fair value		cost		gains		losses		fair value
GE
Debt
U.S. corporate	$	22	$	11	$	-	$	33	$	21	$	14	$	-	$	35
Corporate – non-U.S.		13		-		-		13		13		-		(1)		12
Equity
Available-for-sale		301		9		(70)		240		302		9		(41)		270
Trading		-		-		-		-		6		-		-		6
		336		20		(70)		286		342		23		(42)		323
GECC
Debt
U.S. corporate		19,711		3,088		(138)		22,661		19,600		2,323		(217)		21,706
State and municipal		5,115		409		(130)		5,394		4,245		235		(191)		4,289
Residential mortgage-
backed(a)		1,770		143		(39)		1,874		1,819		139		(48)		1,910
Commercial mortgage-backed		2,986		198		(61)		3,123		2,929		188		(82)		3,035
Asset-backed		7,347		32		(41)		7,338		7,373		60		(46)		7,387
Corporate – non-U.S.		1,716		137		(64)		1,789		1,741		103		(86)		1,758
Government – non-U.S.		2,058		103		(3)		2,158		2,336		81		(7)		2,410
U.S. government and federal
agency		707		48		(18)		737		752		45		(27)		770
Retained interests		64		11		-		75		64		8		-		72
Equity
Available-for-sale		195		46		(8)		233		203		51		(3)		251
Trading		68		-		-		68		74		-		-		74
		41,737		4,215		(502)		45,450		41,136		3,233		(707)		43,662
Eliminations		(3)		-		-		(3)		(4)		-		-		(4)
Total	$	42,070	$	4,235	$	(572)	$	45,733	$	41,474	$	3,256	$	(749)	$	43,981

(a)Substantially collateralized by U.S. mortgages. At March 31, 2014, $1,225 million relates to securities issued by government-sponsored entities and $649million relates to securities of private-label issuers. Securities issued by private-label issuers are collateralized primarily by pools of individual direct mortgage loans of financial institutions.

Estimated Fair Value and Gross Unrealized Losses of Available-for-Sale Investment Securities

	In loss position for
	Less than 12 months					12 months or more
				Gross				Gross
	Estimated			unrealized		Estimated		unrealized
(In millions)	fair value		(a)	losses(a)(b)		fair value		losses(b)
March 31, 2014
Debt
U.S. corporate	$	1,578		$	(63)	$	563	$	(75)
State and municipal		942			(37)		347		(93)
Residential mortgage-backed		187			(6)		430		(33)
Commercial mortgage-backed		254			(11)		803		(50)
Asset-backed		101			(1)		294		(40)
Corporate – non-U.S.		56			(1)		430		(63)
Government – non-U.S.		1,098			(3)		52		-
U.S. government and federal agency		238			(18)		-		-
Retained interests		1			-		1		-
Equity		250			(78)		-		-
Total	$	4,705		$	(218)	$	2,920	$	(354)	(c)
December 31, 2013
Debt
U.S. corporate	$	2,170		$	(122)	$	598	$	(95)
State and municipal		1,076			(82)		367		(109)
Residential mortgage-backed		232			(11)		430		(37)
Commercial mortgage-backed		396			(24)		780		(58)
Asset-backed		112			(2)		359		(44)
Corporate – non-U.S.		108			(4)		454		(83)
Government – non-U.S.		1,479			(6)		42		(1)
U.S. government and federal agency		229			(27)		254		-
Retained interests		2			-		-		-
Equity		253			(44)		-		-
Total	$	6,057		$	(322)	$	3,284	$	(427)

(a)Includes the estimated fair value of and gross unrealized losses on Corporate-non-U.S. and Equity securities held by GE. At March 31, 2014, the estimated fair value of and gross unrealized losses on Corporate-non-U.S. securities were $13million and an insignificant amount, respectively. The estimated fair value of and gross unrealized losses on Equity securities were $210million and $(70)million, respectively. At December 31, 2013, the estimated fair value of and gross unrealized losses on Corporate-non-U.S. securities were $12million and $(1)million, respectively. The estimated fair value of and gross unrealized losses on Equity securities were $222million and $(41)million, respectively.

(b)       Includes gross unrealized losses related to securities that had other-than-temporary impairments previously recognizedof $(85) million at March 31, 2014.

(c)The majority relate to debt securities held to support obligations to holders of GICs and more than 70% are debt securities that were considered to be investment-grade by the major rating agenciesat March 31, 2014.

We regularly review investment securities for other-than-temporary impairment (OTTI) using both qualitative and quantitative criteria. For debt securities, our qualitative review considers our ability and intent to hold the security and the financial condition of and near-term prospects for the issuer, including whether the issuer is in compliance with the terms and covenants of the security. Our quantitative review considers whether there has been an adverse change in expected future cash flows. Unrealized losses are not indicative of the amount of credit loss that would be recognized and at March 31, 2014 are primarily due to increases in market yields subsequent to our purchase of the securities. We presently do not intend to sell the vast majority of our debt securities that are in an unrealized loss position and believe that it is not more likely than not that we will be required to sell the vast majority of these securities before anticipated recovery of our amortized cost. The methodologies and significant inputs used to measure the amount of credit loss for our investment securities during the three months ended March 31, 2014 have not changed.For equity securities, we consider the duration and the severity of the unrealized loss. We believe that the unrealized loss associated with our equity securities will be recovered within the foreseeable future.

Our corporate debt portfolio comprisessecurities issued by public and private corporations in various industries, primarily in the U.S. Substantially all of our corporate debt securities are rated investment grade by the major rating agencies.

Our RMBS portfolio is collateralized primarily by pools of individual, direct mortgage loans, of which substantially all are in a senior position in the capital structure of the deals, not other structured products such as collateralized debt obligations. Of the total RMBS held at March 31, 2014, $1,225million and $649million related to agency and non-agency securities, respectively. Additionally, $355million was related to residential subprime credit securities, primarily supporting our guaranteed investment contracts. Substantially all of the subprime exposure is related to securities backed by mortgage loans originated in 2006 and prior. A majority of subprime RMBS have been downgraded to below investment grade and are insured by Monoline insurers (Monolines). We continue to place partial reliance on Monolines with adequate capital and claims paying resources depending on the extent of the Monoline's anticipated ability to cover expected credit losses.

Our commercial mortgage-backed securities (CMBS) portfolio is collateralized by both diversified pools of mortgages that were originated for securitization (conduit CMBS) and pools of large loans backed by high-quality properties (large loan CMBS), a majority of which were originated in 2007 and prior. The vast majority of the securities in our CMBS portfolio have investment-grade credit ratings.

Our asset-backed securities(ABS) portfolio is collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries, as well as a variety of diversified pools of assets such as student loans and credit cards. The vast majority of the securities in our ABS portfolio are in a senior position in the capital structure of the deals.

Pre-tax, Other-Than-Temporary Impairments on Investment Securities
	Three months ended March 31
(In millions)	2014		2013
Total pre-tax, OTTI recognized	$	38	$	302
Less: pre-tax, OTTI recognized in AOCI		(4)		(11)
Pre-tax, OTTI recognized in earnings(a)	$	34	$	291

(a)Included pre-tax, other-than-temporary impairments recorded in earnings related to equity securities of $1 million during both the three months ended March 31, 2014 and 2013.

Changes in Cumulative Credit Loss Impairments Recognized on Debt Securities Still Held
	Three months ended March 31
(In millions)	2014		2013
Cumulative credit loss impairments recognized,
beginning of period	$	1,192	$	588
Credit loss impairments recognized on securities
not previously impaired		-		263
Incremental credit loss impairments recognized
on securities previously impaired		29		12
Less: credit loss impairments previously
recognized on securities sold during the period		(51)		(1)
Cumulative credit loss impairments recognized,
end of period	$	1,170	$	862

Contractual Maturities of Investment in Available-for-Sale Debt Securities (Excluding Mortgage-Backed and Asset-Backed Securities)
	Amortized		Estimated
(In millions)	cost		fair value
Due
Within one year	$	1,870	$	1,887
After one year through five years		3,633		3,896
After five years through ten years		5,349		5,641
After ten years		18,490		21,361

We expect actual maturities to differ from contractual maturities because borrowers have the right to call or prepay certain obligations.

Gross Realized Gains and Losses on Available-for-Sale Investment Securities

	Three months ended March 31
(In millions)	2014		2013
GE
Gains	$	-	$	1
Losses, including impairments		-		(13)
Net		-		(12)
GECC
Gains		19		62
Losses, including impairments		(36)		(278)
Net		(17)		(216)
Total	$	(17)	$	(228)

Although we generally do not have the intent to sell any specific securities at the end of the period, in the ordinary course of managing our investment securities portfolio, we may sell securities prior to their maturities for a variety of reasons, including diversification, credit quality, yield and liquidity requirements and the funding of claims and obligations to policyholders. In some of our bank subsidiaries, we maintain a certain level of purchases and sales volume principally of non-U.S. government debt securities. In these situations, fair value approximates carrying value for these securities.

Proceeds from investment securities sales and early redemptions by issuers totaled $1,349 million for the three months ended March 31, 2014,principally from sales of short-term government securities in our bank subsidiariesand Treasury operations and redemptions of non–U.S. corporate and asset-backed securities in our CLL business.

Proceeds from investment securities sales and early redemptions by issuers totaled $7,654 million for the three months ended March 31, 2013, principally from the sale of Comcast guaranteed debt, sales of short-term securities in our bank subsidiaries and Treasury operations and redemptions of non–U.S. corporate and asset-backed securities in our CLL business.

We recognized pre-tax gains (losses) on trading securities of $(5) million and $42 million in thethree months ended March 31, 2014 and 2013, respectively.

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Financial Instruments

3 Months Ended

Mar. 31, 2014

Financial Instruments [Abstract]

Financial Instruments

15. FINANCIAL INSTRUMENTS

The following table provides information about assets and liabilitiesnot carried at fair value.The table excludes finance leases and non-financial assets and liabilities. Substantially all of the assets discussed below are considered to be Level 3. The vast majority of our liabilities'fair value can be determined based on significant observable inputs and thus considered Level 2. Few of the instruments are actively traded and their fair values must often be determined using financial models. Realization of the fair value of these instruments depends upon market forces beyond our control, including marketplace liquidity.

	March 31, 2014						December 31, 2013
			Assets (liabilities)						Assets (liabilities)
			Carrying						Carrying
	Notional		amount		Estimated		Notional		amount		Estimated
(In millions)	amount		(net)		fair value		amount		(net)		fair value
GE
Assets
Investments and notes
receivable	$	(a)	$	486	$	533	$	(a)	$	488	$	512
Liabilities
Borrowings(b)		(a)		(16,016)		(16,824)		(a)		(13,356)		(13,707)
GECC
Assets
Loans		(a)		221,187		225,454		(a)		226,293		230,792
Other commercial mortgages		(a)		2,261		2,269		(a)		2,270		2,281
Loans held for sale		(a)		1,078		1,078		(a)		512		512
Other financial instruments(c)		(a)		1,541		2,201		(a)		1,622		2,203
Liabilities
Borrowings and bank
deposits(b)(d)		(a)		(365,223)		(381,050)		(a)		(371,062)		(386,823)
Investment contract benefits		(a)		(3,107)		(3,666)		(a)		(3,144)		(3,644)
Guaranteed investment contracts		(a)		(1,441)		(1,429)		(a)		(1,471)		(1,459)
Insurance – credit life(e)		2,163		(110)		(96)		2,149		(108)		(94)

(a)These financial instruments do not have notional amounts.

(b)See Note 8.

(c)Principally comprises cost method investments.

(d)Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at March 31, 2014 and December 31, 2013 would have been reduced by $3,506 million and $2,284 million, respectively.

(e)Net of reinsurance of $1,250 millionatboth March 31, 2014 and December 31, 2013.

Notional Amounts of Loan Commitments
(In millions)	March 31, 2014		December 31, 2013
Ordinary course of business lending commitments(a)	$	5,102	$	4,756
Unused revolving credit lines(b)
Commercial(c)		15,497		16,570
Consumer – principally credit cards		296,296		290,662

(a)Excluded investment commitments of $1,383 million and $1,395 million at March 31, 2014 and December 31, 2013, respectively.

(b)Excluded inventory financing arrangements, which may be withdrawn at our option, of $12,650 million and $13,502 million at March 31, 2014 and December 31, 2013, respectively.

(c)Included commitments of $11,952 million and $11,629 million atMarch 31, 2014 and December 31, 2013, respectively, associated with secured financing arrangements that could have increased to a maximum of $15,472 million and $14,590 million at March 31, 2014 and December 31, 2013, respectively, based on asset volume under the arrangement.

Securities Repurchase and Reverse Repurchase Arrangements

Our issuances of securities repurchase agreements are insignificant and are limited to activities at certain of our foreign banks primarily for purposes of liquidity management.At March 31, 2014, we were party to repurchase agreements totaling $134 million, which were reported in short-term borrowings on the financial statements.We have had no repurchase agreements that were accounted for as off-book financing and we do not engage in securities lending transactions.

We also enter into reverse securities repurchase agreements, primarily for short-term investment with maturities of 90 days or less. At March 31, 2014, we were party to reverse repurchase agreements totaling $19.9billion, which were reported in cash and equivalents on the financial statements.Under these reverse securities repurchase agreements, we typically lend available cash at a specified rate of interest and hold U.S. or highly-rated European government securities as collateral during the term of the agreement. Collateral value is in excess of amounts loaned under the agreements.

Derivatives and Hedging

As a matter of policy, we use derivatives for risk management purposes and we do not use derivatives for speculative purposes. A key risk management objective for our financial services businesses is to mitigate interest rate and currency risk by seeking to ensure that the characteristics of the debt match the assets they are funding. If the form (fixed versus floating) and currency denomination of the debt we issue do not match the related assets, we typically execute derivatives to adjust the nature and tenor of funding to meet this objective within pre-defined limits. The determination of whether we enter into a derivative transaction or issue debt directly to achieve this objective depends on a number of factors, including market related factors that affect the type of debt we can issue.

The notional amounts of derivative contracts represent the basis upon which interest and other payments are calculated and are reported gross, except for offsetting foreign currency forward contracts that are executed in order to manage our currency risk of net investment in foreign subsidiaries. Of the outstanding notional amount of $336,000 million, approximately 87% or $293,000 million, is associated with reducing or eliminating the interest rate, currency or market risk between financial assets and liabilities in our financial services businesses. The remaining derivative activities primarily relate to hedging against adverse changes in currency exchange rates and commodity prices related to anticipated sales and purchasesand contracts containing certain clauses that meet the accounting definition of a derivative. The instruments used in these activities are designated as hedges when practicable. When we are not able to apply hedge accounting, or when the derivative and the hedged item are both recorded in earnings concurrently, the derivatives are deemed economic hedges and hedge accounting is not applied. This most frequently occurs when we hedge a recognized foreign currency transaction (e.g., a receivable or payable) with a derivative. Since the effects of changes in exchange rates are reflected concurrently in earnings for both the derivative and the transaction, the economic hedge does not require hedge accounting.

Fair Value of Derivatives
	March 31, 2014				December 31, 2013
(In millions)		Assets		Liabilities		Assets		Liabilities
Derivatives accounted for as hedges
Interest rate contracts	$	4,187	$	1,350	$	3,837	$	1,989
Currency exchange contracts		1,330		1,183		1,830		984
Other contracts		1		2		1		-
		5,518		2,535		5,668		2,973
Derivatives not accounted for as hedges
Interest rate contracts		289		145		270		169
Currency exchange contracts		1,814		1,979		2,257		2,245
Other contracts		225		48		284		42
		2,328		2,172		2,811		2,456
Gross derivatives recognized in statement of
financial position
Gross derivatives		7,846		4,707		8,479		5,429
Gross accrued interest		1,183		41		1,227		241
		9,029		4,748		9,706		5,670
Amounts offset in statement of financial position
Netting adjustments(a)		(3,556)		(3,586)		(4,120)		(4,113)
Cash collateral(b)		(2,744)		(309)		(2,619)		(242)
		(6,300)		(3,895)		(6,739)		(4,355)
Net derivatives recognized in statement of
financial position
Net derivatives		2,729		853		2,967		1,315
Amounts not offset in statement of
financial position
Securities held as collateral(c)		(1,655)		-		(1,962)		-
Net amount	$	1,074	$	853	$	1,005	$	1,315

Derivatives are classified in all other assets and all other liabilitiesand the related accrued interest is classified in other GECC receivables and all other liabilities in our financial statements.

(a)The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts include fair value adjustments related to our own and counterparty non-performance risk. At March 31, 2014 and December 31, 2013, the cumulative adjustment for non-performance risk was a gain (loss) of $30 million and $(7) million, respectively.

(b)       Excludes excess cash collateral receivedand posted of $177 million and $56 million at March 31, 2014, respectively, and $160 million and $37 million at December 31, 2013, respectively.

(c)       Excludes excess securities collateral received of $75 million and $363 million at March 31, 2014 and December 31, 2013, respectively.

Fair value hedges

We use interest rate and currency exchange derivatives to hedge the fair value effects of interest rate and currency exchange rate changes on local and non-functional currency denominated fixed-rate debt. For relationships designated as fair value hedges, changes in fair value of the derivatives are recorded in earnings within interest and other financial charges, along with offsetting adjustments to the carrying amount of the hedged debt.

Earnings Effect of Fair Value Hedging Relationships
	Three months ended March 31
	2014				2013
	Gain (loss)		Gain (loss)		Gain (loss)		Gain (loss)
	on hedging		on hedged		on hedging		on hedged
(In millions)	derivatives		items		derivatives		items
Interest rate contracts	$	990	$	(1,005)	$	(914)	$	881
Currency exchange contracts		2		(3)		(9)		8

Fair value hedges resulted in $(16) million and $(34)million of ineffectiveness in the three months ended March 31, 2014 and 2013, respectively. In both the three months ended March 31, 2014 and 2013, there were insignificant amounts excluded from the assessment of effectiveness.

Cash flow hedges

We use interest rate, currency exchange and commodity derivatives to reduce the variability of expected future cash flows associated with variable rate borrowings and commercial purchase and sale transactions, including commodities. For derivatives that are designated in a cash flow hedging relationship, the effective portion of the change in fair value of the derivative is reported as a component of AOCI and reclassified into earnings contemporaneously and in the same caption with the earnings effects of the hedged transaction.

Gains (Losses) Recognized throughAOCI

					Gain (loss) reclassified
	Gain (loss) recognized in AOCI				from AOCI into earnings
	for the three months ended March 31				for the three months ended March 31
(In millions)	2014		2013		2014		2013
Interest rate contracts	$	3	$	(11)	$	(69)	$	(102)
Currency exchange contracts		156		4		108		(28)
Commodity contracts		(2)		(1)		(2)		(1)
Total(a)	$	157	$	(8)	$	37	$	(131)

• Gain (loss) is recorded in GECC revenues from services, interest and other financial charges, and other costs and expenses when reclassified to earnings.

The total pre-tax amount in AOCI related to cash flow hedges of forecasted transactions was a $118 million loss at March 31, 2014. We expect to transfer $160million to earnings as an expense in the next 12 months contemporaneously with the earnings effects of the related forecasted transactions. Inboth thethree months ended March 31, 2014 and 2013, we recognized insignificant gains and losses related to hedged forecasted transactions and firm commitments that did not occur by the end of the originally specified period. At March 31, 2014 and2013, the maximum term of derivative instruments that hedge forecasted transactions was 19 years and 20 years, respectively. See Note 11 for additional information about reclassifications out of AOCI.

For cash flow hedges, the amount of ineffectiveness in the hedging relationship and amount of the changes in fair value of the derivatives that are not included in the measurement of ineffectiveness were insignificant for each reporting period.

Net investment hedges in foreign operations

We use currency exchange derivatives to protect our net investments in global operations conducted in non-U.S. dollar currencies. For derivatives that are designated as hedges of net investment in a foreign operation, we assess effectiveness based on changes in spot currency exchange rates. Changes in spot rates on the derivative are recorded as a component of AOCI until such time as the foreign entity is substantially liquidated or sold, or upon the loss of a controlling interest in a foreign entity. The change in fair value of the forward points, which reflects the interest rate differential between the two countries on the derivative, is excluded from the effectiveness assessment.

Gains (Losses) Recognized through CTA
	Gain (loss) recognized in CTA				Gain (loss) reclassified from CTA
	for the three months ended March 31				for the three months ended March 31
(In millions)	2014		2013		2014		2013
Currency exchange contracts(a)	$	(1,033)	$	2,105	$	10	$	(124)

• Gain (loss) is recorded in GECC revenues from services when reclassified out of AOCI.

The amounts related to the change in the fair value of the forward points that are excluded from the measure of effectiveness were$(142) million and $(166) million in the three months ended March 31, 2014 and 2013, respectively, and were recorded in interest and other financial charges.

Free-standing derivatives

Changes in the fair value of derivatives that are not designated as hedges are recorded in earnings each period. As discussed above, these derivatives are typically entered into as economic hedges of changes in interest rates, currency exchange rates, commodity prices and other risks. Gains or losses related to the derivative are typically recorded in GECC revenues from services or other income, based on our accounting policy. In general, the earnings effects of the item that represent the economic risk exposure are recorded in the same caption as the derivative. Gains (losses)for the three months ended March 31, 2014 on derivatives not designated as hedges were $1,108 million composed of amounts related to interest rate contracts of $11 million, currency exchange contracts of $1,126 million, and other derivatives of $(29) million. These gainswere more than offset by the earnings effects from the underlying items that were economically hedged. Gains (losses) for the three months ended March 31, 2013on derivatives not designated as hedges were $(686) million composed of amounts related to interest rate contracts of $(62) million, currency exchange contracts of $(720)million, and other derivatives of $96million. These losses were more than offset by the earnings effects from the underlying items that were economically hedged.

Counterparty credit risk

Fair values of our derivatives can change significantly from period to period based on, among other factors, market movements and changes in our positions.We manage counterparty credit risk (the risk that counterparties will default and not make payments to us according to the terms of our agreements) on an individual counterparty basis. Where we have agreed to netting of derivative exposures with a counterparty, we net our exposures with that counterparty and apply the value of collateral posted to us to determine the exposure. We actively monitor these net exposures against defined limits and take appropriate actions in response, including requiring additional collateral.

As discussed above, we have provisions in certain of our master agreements that require counterparties to post collateral (typically, cash or U.S. Treasury securities) when our receivable due from the counterparty, measured at current market value, exceeds a specified limit. The fair value of such collateral was $4,399 million at March 31, 2014, of which $2,744 million was cash and $1,655 million was in the form of securities held by a custodian for our benefit. Under certain of these same agreements, we post collateral to our counterparties for our derivative obligations, the fair value of which was $309 million at March 31, 2014.At March 31, 2014, our exposure to counterparties (including accrued interest), net of collateral we hold, was $962 million. Thisexcludes exposure related to embedded derivatives.

Additionally, our master agreements typically contain mutual downgrade provisions that provide the ability of each party to require termination if the long-term credit rating of the counterparty were to fall below A-/A3. In certain of these master agreements, each party also has the ability to require termination if the short-term rating of the counterparty were to fall below A-1/P-1. Our master agreements also typically contain provisions that provide termination rights upon the occurrence of certain other events, such as a bankruptcy or events of default by one of the parties.If an agreement was terminated under any of these circumstances, the termination amount payable would be determined on a net basis and could also take into account any collateral posted. The net amount of our derivative liability, after consideration of collateral posted by us and outstanding interest payments was $783 million at March 31, 2014. This excludes embedded derivatives.

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Shareowners' Equity

3 Months Ended

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Shareowners' Equity

11. SHAREOWNERS' EQUITY

Accumulated Other Comprehensive Income (Loss)
	Three months ended March 31
(In millions)	2014		2013
Investment securities
Beginning balance	$	307	$	677
Other comprehensive income (loss) (OCI) before reclassifications –
net of deferred taxes of $246 and $(38)		447		(63)
Reclassifications from OCI – net of deferred taxes of $7 and $97		10		131
Other comprehensive income (loss)(a)		457		68
Less: OCI attributable to noncontrolling interests		-		1
Ending balance	$	764	$	744
Currency translation adjustments (CTA)
Beginning balance	$	126	$	412
OCI before reclassifications – net of deferred taxes of $71 and $(204)		47		(471)
Reclassifications from OCI – net of deferred taxes of $124 and $(34)		2		12
Other comprehensive income (loss)(a)		49		(459)
Less: OCI attributable to noncontrolling interests		(2)		(4)
Ending balance	$	177	$	(43)
Cash flow hedges
Beginning balance	$	(257)	$	(722)
OCI before reclassifications – net of deferred taxes of $71 and $72		99		(76)
Reclassifications from OCI – net of deferred taxes of $(6) and $(47)		(31)		178
Other comprehensive income (loss)(a)		68		102
Less: OCI attributable to noncontrolling interests		-		-
Ending balance	$	(189)	$	(620)
Benefit plans
Beginning balance	$	(9,296)	$	(20,597)
Net actuarial gain (loss) – net of deferred taxes of $42 and $53		172		83
Prior service cost amortization – net of deferred taxes of $64 and $67		93		98
Net actuarial loss amortization – net of deferred taxes
of $213 and $339		430		672
Other comprehensive income (loss)(a)		695		853
Less: OCI attributable to noncontrolling interests		-		1
Ending balance	$	(8,601)	$	(19,745)
Accumulated other comprehensive income (loss) at March 31	$	(7,849)	$	(19,664)

• Total other comprehensive income (loss) was $1,269 million and $564 million for the threemonths endedMarch 31, 2014 and 2013, respectively.

Reclassification out of AOCI
	Three months ended March 31
(In millions)	2014		2013		Statement of Earnings Caption
Available-for-sale securities
Realized gains (losses) on
sale/impairment of securities	$	(17)	$	(228)	Other income
		7		97	Benefit (provision) for income taxes
	$	(10)	$	(131)	Net of tax
Currency translation adjustments
Gains (losses) on dispositions	$	(126)	$	22	Costs and expenses
		124		(34)	Benefit (provision) for income taxes
	$	(2)	$	(12)	Net of tax
Cash flow hedges
Gains (losses) on interest rate derivatives	$	(69)	$	(102)	Interest and other financial charges
Foreign exchange contracts		128		(51)	(a)
Other		(22)		22	(b)
		37		(131)	Total before tax
		(6)		(47)	Benefit (provision) for income taxes
	$	31	$	(178)	Net of tax
Benefit plan items
Amortization of prior service costs	$	(157)	$	(165)	(c)
Amortization of actuarial gains (losses)		(643)		(1,011)	(c)
		(800)		(1,176)	Total before tax
		277		406	Benefit (provision) for income taxes
	$	(523)	$	(770)	Net of tax
Total reclassification adjustments	$	(504)	$	(1,091)	Net of tax

• Included$134 million and $(33)million in GECC revenues from services and $(6) million and $(18) million in interest and other financial charges for the threemonths ended March 31, 2014 and 2013, respectively.
• Primarily recorded in costs and expenses.
• Amortization of prior service costs and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 9 for further information.

Noncontrolling Interests
	Three months ended March 31
(In millions)	2014		2013
Beginning balance	$	6,217	$	5,444
Net earnings (loss)		(33)		(16)
Dividends		(10)		(18)
Dispositions		-		(104)
Other (including AOCI)		9		30
Ending balance	$	6,183	$	5,336

GECC preferred stock is presented as noncontrolling interests in the GE consolidated statement of financial position.

Other

GE's authorized common stock consists of 13,200,000,000 shares having a par value of $0.06 each.

GECC paid quarterly dividends of $500 million and nospecial dividends to GE in the three months ended March 31, 2014. There were no dividends paid to GE in the three months endedMarch 31, 2013.

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Financial Instruments (Fair value hedges) (Details) (Fair Value Hedges [Member], USD $) In Millions, unless otherwise specified	3 Months Ended			12 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014 Interest Rate Contract [Member]	Dec. 31, 2013 Interest Rate Contract [Member]	Mar. 31, 2014 Foreign Exchange Contract [Member]	Dec. 31, 2013 Foreign Exchange Contract [Member]
Fair value hedges
Gain (loss) on derivatives			$ 990	$ (914)	$ 2	$ (9)
Hedge ineffectiveness gain (loss)	$ (16)	$ (34)	$ (1,005)	$ 881	$ (3)	$ 8
Hedge Amounts Excluded From Assessment Of Effectiveness Insignificant Amounts	insignificant amounts	insignificant amounts

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Goodwill and Other Intangibles Assets

3 Months Ended

Mar. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

7. GOODWILL AND OTHER INTANGIBLE ASSETS

During the first quarter of 2014, we acquired several businesses in our Healthcare segment. On February 12, 2014, we acquired API Healthcare (API) for $340 million in cash. API is a healthcare workforce management software and analytics solutions provider. The preliminary purchase price allocation resulted in goodwill of approximately $275 million and amortizable intangible assets of approximately $125 million. On March 21, 2014, we acquired certain Thermo Fisher Scientific Inc. life-science businesses for $1,065million in cash. The primary business acquired, Hyclone, is a leading manufacturer of products used to support biopharmaceutical research and production. The preliminary purchase price allocation resulted in goodwill of approximately $725 million and amortizable intangible assets of approximately $300 million. The allocation of purchase prices will be finalized upon completion of post-closing procedures.

Goodwill
					Dispositions,
					currency
	Balance at				exchange		Balance at
(In millions)	January 1, 2014		Acquisitions		and other		March 31, 2014
Power & Water	$	8,822	$	-	$	34	$	8,856
Oil & Gas		10,516		21		30		10,567
Energy Management		4,748		-		75		4,823
Aviation		9,103		-		168		9,271
Healthcare		16,643		1,024		19		17,686
Transportation		1,012		1		(32)		981
Appliances & Lighting		606		-		-		606
GE Capital		26,195		-		141		26,336
Corporate		3		-		-		3
Total	$	77,648	$	1,046	$	435	$	79,129

Goodwill balances increased by$1,481 million, primarily as a result of acquisitions at Healthcare and the result of currency exchange effects of a weaker U.S. dollar.

Other Intangible Assets - Net
(In millions)	March 31, 2014		December 31, 2013
Intangible assets subject to amortization	$	14,645	$	14,150
Indefinite-lived intangible assets(a)		143		160
Total	$	14,788	$	14,310

(a)       Indefinite-lived intangible assets principally comprise trademarks and in-process research and development.

Intangible Assets Subject to Amortization
	March 31, 2014						December 31, 2013
	Gross						Gross
	carrying		Accumulated				carrying		Accumulated
(In millions)	amount		amortization		Net		amount		amortization		Net
Customer-related	$	8,426	$	(2,402)	$	6,024	$	7,938	$	(2,312)	$	5,626
Patents and technology		6,785		(2,718)		4,067		6,602		(2,621)		3,981
Capitalized software		8,478		(5,420)		3,058		8,256		(5,252)		3,004
Trademarks		1,370		(312)		1,058		1,356		(295)		1,061
Lease valuations		679		(480)		199		703		(498)		205
Present value of future profits(a)		583		(583)		-		574		(574)		-
All other		599		(360)		239		632		(359)		273
Total	$	26,920	$	(12,275)	$	14,645	$	26,061	$	(11,911)	$	14,150

(a)Balances at March 31, 2014and December 31, 2013 reflect adjustments of $316 million and $322 million, respectively, to the present value of future profits in our run-off insurance operation to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized.

Intangible assets subject to amortization increased $859million in the three months ended March 31, 2014, primarily as a result ofacquisitions at Healthcare.

Consolidated amortization expense was $420 million and $399 million in the three months ended March 31, 2014 and 2013, respectively.

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GECC Financing Receivables, Allowance For Losses On Financing Receivables and Supplemental Information On Credit Quality (Past Due & Nonaccrual Financing Receivables) (Details) (Subsidiaries GECC [Member], USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013
Past Due Financing Receivables
Over 30 days past due	$ 8,810	$ 9,113
Over 90 days past due	4,906	4,858
Percent of Financing Receivable, Recorded Investment, Past Due Over 30 Days	3.50%	3.50%
Percent of Financing Receivable, Recorded Investment, Past Due Over 90 Days	1.90%	1.90%
Nonaccrual Financing Receivables
Nonaccrual loans	7,921	7,915
Percent Financing Receivable, Recorded Investment, Nonaccrual Status	3.10%	3.10%
Commercial Portfolio Segment [Member]
Past Due Financing Receivables
Over 30 days past due	2,457	2,245
Over 90 days past due	1,336	1,179
Nonaccrual Financing Receivables
Nonaccrual loans	2,972	2,744
Amount of nonaccrual loans currently paying in accordance with contractual terms	1,596		1,397
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member]
Past Due Financing Receivables
Over 30 days past due	0	0
Over 90 days past due	0	0
Nonaccrual Financing Receivables
Nonaccrual loans	43	4
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member]
Past Due Financing Receivables
Over 30 days past due	1	0
Over 90 days past due	0	0
Nonaccrual Financing Receivables
Nonaccrual loans	275	0
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member]
Past Due Financing Receivables
Over 30 days past due	0	0
Over 90 days past due	0	0
Nonaccrual Financing Receivables
Nonaccrual loans	0	6
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member]
Past Due Financing Receivables
Over 30 days past due	713	755
Over 90 days past due	390	359
Nonaccrual Financing Receivables
Nonaccrual loans	1,239	1,275
Commercial Portfolio Segment [Member] | GE International [Member]
Past Due Financing Receivables
Over 30 days past due	1,743	1,490
Over 90 days past due	946	820
Nonaccrual Financing Receivables
Nonaccrual loans	1,415	1,459
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member]
Past Due Financing Receivables
Over 30 days past due	2,456	2,245
Over 90 days past due	1,336	1,179
Nonaccrual Financing Receivables
Nonaccrual loans	2,654	2,734
Commercial Real Estate Portfolio Segment [Member]
Past Due Financing Receivables
Over 30 days past due	263	247
Over 90 days past due	207	212
Nonaccrual Financing Receivables
Nonaccrual loans	2,383	2,551
Amount of nonaccrual loans currently paying in accordance with contractual terms	2,127		2,308
Consumer Portfolio Segment [Member]
Past Due Financing Receivables
Over 30 days past due	6,090	6,621
Over 90 days past due	3,363	3,467
Loans which are 90+ days past due and still accruing interest	1,150	1,197
Nonaccrual Financing Receivables
Nonaccrual loans	2,566	2,620
Amount of nonaccrual loans currently paying in accordance with contractual terms	311		323
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member]
Past Due Financing Receivables
Over 30 days past due	3,130	3,406
Over 90 days past due	2,082	2,104
Nonaccrual Financing Receivables
Nonaccrual loans	2,140	2,161
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member]
Past Due Financing Receivables
Over 30 days past due	533	512
Over 90 days past due	152	146
Nonaccrual Financing Receivables
Nonaccrual loans	73	88
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member]
Past Due Financing Receivables
Over 30 days past due	2,169	2,442
Over 90 days past due	1,028	1,105
Nonaccrual Financing Receivables
Nonaccrual loans	2	2
Consumer Portfolio Segment [Member] | Non US auto [Member]
Past Due Financing Receivables
Over 30 days past due	93	89
Over 90 days past due	12	13
Nonaccrual Financing Receivables
Nonaccrual loans	16	18
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member]
Past Due Financing Receivables
Over 30 days past due	165	172
Over 90 days past due	89	99
Nonaccrual Financing Receivables
Nonaccrual loans	$ 335	$ 351

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GECC Financing Receivables, Allowance For Losses On Financing Receivables and Supplemental Information On Credit Quality

3 Months Ended

Mar. 31, 2014

Loans and Leases Receivable Disclosure [Abstract]

GECC Financing Receivables, Allowance For Losses On Financing Receivables and Supplemental Information On Credit Quality

5. GECCFINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES

(In millions)	March 31, 2014		December 31, 2013
Loans, net of deferred income(a)	$	226,135	$	231,268
Investment in financing leases, net of deferred income		26,251		26,939
		252,386		258,207
Allowance for losses		(5,144)		(5,178)
Financing receivables – net(b)	$	247,242	$	253,029

• Deferred income was $1,714 million and $2,013 million at March 31, 2014 and December 31, 2013, respectively.
• Financing receivables at March 31, 2014 and December 31, 2013 included $532 million and $544 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination.

Financing Receivables by Portfolioand Allowance for Losses

During the firstquarter of 2014, we combined our CLL Europe and CLL Asia portfoliosinto CLL Internationaland we transferred our CLL Other portfolio to the CLL Americas portfolio. Prior-period amounts were reclassified to conform to the current-period presentation.

(In millions)	March 31, 2014		December 31, 2013
Commercial
CLL
Americas	$	68,367	$	69,036
International		46,208		47,431
Total CLL		114,575		116,467
Energy Financial Services		2,753		3,107
GE Capital Aviation Services (GECAS)		8,851		9,377
Other		139		318
Total Commercial		126,318		129,269
Real Estate		20,236		19,899
Consumer
Non-U.S. residential mortgages		30,355		30,501
Non-U.S. installment and revolving credit		13,715		13,677
U.S. installment and revolving credit		52,887		55,854
Non-U.S. auto		1,957		2,054
Other		6,918		6,953
Total Consumer		105,832		109,039
Total financing receivables		252,386		258,207
Allowance for losses		(5,144)		(5,178)
Total financing receivables – net	$	247,242	$	253,029

Allowance for Losses on Financing Receivables
			Provision
	Balance at		charged to					Gross						Balance at
(In millions)	January 1		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	March 31
2014
Commercial
CLL
Americas	$	473	$	84	$	(1)		$	(156)		$	19		$	419
International		505		18		2			(100)			24			449
Total CLL		978		102		1			(256)			43			868
Energy Financial Services		8		9		-			(2)			1			16
GECAS		17		8		-			-			-			25
Other		2		-		(2)			-			-			-
Total Commercial		1,005		119		(1)			(258)			44			909
Real Estate		192		(15)		2			(6)			2			175
Consumer
Non-U.S. residential mortgages		358		10		5			(46)			9			336
Non-U.S. installment and
revolving credit		594		71		8			(189)			104			588
U.S. installment and
revolving credit		2,823		752		18			(785)			139			2,947
Non-U.S. auto		56		12		2			(23)			14			61
Other		150		21		(17)			(40)			14			128
Total Consumer		3,981		866		16			(1,083)			280			4,060
Total	$	5,178	$	970	$	17		$	(1,347)		$	326		$	5,144

2013
Commercial
CLL
Americas	$	496	$	71	$	(1)	$	(103)	$	30	$	493
International		525		94		(10)		(150)		24		483
Total CLL		1,021		165		(11)		(253)		54		976
Energy Financial Services		9		(1)		-		-		-		8
GECAS		8		(1)		-		-		-		7
Other		3		-		-		(1)		-		2
Total Commercial		1,041		163		(11)		(254)		54		993
Real Estate		320		(20)		(6)		(29)		-		265
Consumer
Non-U.S. residential mortgages		480		56		(17)		(55)		12		476
Non-U.S. installment and
revolving credit		582		180		(14)		(231)		140		657
U.S. installment and
revolving credit		2,282		1,014		(50)		(744)		163		2,665
Non-U.S. auto		67		17		(5)		(30)		17		66
Other		172		47		7		(52)		7		181
Total Consumer		3,583		1,314		(79)		(1,112)		339		4,045
Total	$	4,944	$	1,457	$	(96)	$	(1,395)	$	393	$	5,303

• Other primarily includes the effects of currency exchange.
• Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

Credit Quality Indicators

We provide further detailed information about the credit quality of our Commercial, Real Estate and Consumer financing receivables portfolios. For each portfolio, we describe the characteristics of the financing receivables and provide information about collateral, payment performance, credit quality indicators, and impairment. We manage these portfolios using delinquency and nonaccrual data as key performance indicators. The categories used within this section such as impaired loans, troubled debt restructuring (TDR) and nonaccrual financing receivables are defined by the authoritative guidance and we base our categorization on the related scope and definitions contained in the related standards. The categories of nonaccrual and delinquent are used in our process for managing our financing receivables.

Past Due and Nonaccrual Financing Receivables

		March 31, 2014									December 31, 2013
		Over 30 days			Over 90 days						Over 30 days			Over 90 days
		past due			past due		Nonaccrual				past due			past due		Nonaccrual
Commercial
CLL
Americas	$	713		$	390		$	1,239		$	755		$	359		$	1,275
International		1,743			946			1,415			1,490			820			1,459
Total CLL		2,456			1,336			2,654			2,245			1,179			2,734
Energy Financial Services		-			-			43			-			-			4
GECAS		1			-			275			-			-			-
Other		-			-			-			-			-			6
Total Commercial		2,457			1,336			2,972	(a)		2,245			1,179			2,744	(a)
Real Estate		263			207			2,383	(b)		247			212			2,551	(b)
Consumer
Non-U.S. residential mortgages		3,130			2,082			2,140			3,406			2,104			2,161
Non-U.S. installment and revolving credit		533			152			73			512			146			88
U.S. installment and revolving credit		2,169			1,028			2			2,442			1,105			2
Non-U.S. auto		93			12			16			89			13			18
Other		165			89			335			172			99			351
Total Consumer		6,090			3,363	(c)		2,566	(d)		6,621			3,467	(c)		2,620	(d)
Total	$	8,810		$	4,906		$	7,921		$	9,113		$	4,858		$	7,915
Total as a percent of financing receivables		3.5	%		1.9	%		3.1	%		3.5	%		1.9	%		3.1	%

• Includes $1,596 million and $1,397 million at March 31, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.
• Includes $2,127 million and $2,308 million at March 31, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.
• Includes $1,150 million and $1,197millionof Consumer loans at March 31, 2014 and December 31, 2013, respectively, that are over 90 days past due and continue to accrue interest until the accounts are written off in the period that the account becomes 180 days past due.
• Includes $311 million and $323 million at March 31, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.

Impaired Loans and Related Reserves

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment		investment		principal		Associated		investment
(In millions)	in loans		balance		in loans		in loans		balance		allowance		in loans
March 31, 2014
Commercial
CLL
Americas	$	1,792	$	2,385	$	1,731	$	257	$	354	$	49	$	337
International(a)		1,214		2,072		1,159		602		918		169		647
Total CLL		3,006		4,457		2,890		859		1,272		218		984
Energy Financial Services		18		18		9		26		26		3		15
GECAS		-		-		-		65		65		8		32
Other		-		-		1		-		-		-		2
Total Commercial(b)		3,024		4,475		2,900		950		1,363		229		1,033
Real Estate(c)		2,925		3,448		2,770		737		871		53		991
Consumer(d)		132		169		120		2,836		2,854		560		2,857
Total	$	6,081	$	8,092	$	5,790	$	4,523	$	5,088	$	842	$	4,881
December 31, 2013
Commercial
CLL
Americas	$	1,670	$	2,187	$	2,154	$	417	$	505	$	96	$	509
International(a)		1,104		1,938		1,136		691		1,046		231		629
Total CLL		2,774		4,125		3,290		1,108		1,551		327		1,138
Energy Financial Services		-		-		-		4		4		1		2
GECAS		-		-		-		-		-		-		1
Other		2		3		9		4		4		-		5
Total Commercial(b)		2,776		4,128		3,299		1,116		1,559		328		1,146
Real Estate(c)		2,615		3,036		3,058		1,245		1,507		74		1,688
Consumer(d)		109		153		98		2,879		2,948		567		3,058
Total	$	5,500	$	7,317	$	6,455	$	5,240	$	6,014	$	969	$	5,892

• Write-offs to net realizable value are recognized against the allowance for losses primarily in the reporting period in which management has deemed all or a portion of the financing receivable to be uncollectible, but not later than 360 days after initial recognition of a specific reserve for a collateral dependent loan. However, in accordance with regulatory standards that are applicable in Italy, commercial loans are considered uncollectible when there is demonstrable evidence of the debtor's insolvency, which may result in write-offs occurring beyond 360 days after initial recognition of a specific reserve.
• We recognized $57 million, $218 million and $53million of interest income, including none, $60 million and $16millionon a cash basis, in the three months ended March 31, 2014, the year ended December 31, 2013 and the three months ended March 31, 2013, respectively, principally in our CLL Americas business. The total average investment in impaired loans for the three months ended March 31, 2014 and the year ended December 31, 2013 was $3,933 million and $4,445 million, respectively.
• We recognized $19 million, $187 million and $57millionof interest income, including none, $135 million and $44million on a cash basis, in the three months ended March 31, 2014,the year ended December 31, 2013 and the three months ended March 31, 2013, respectively. The total average investment in impaired loans for the three months ended March 31, 2014 and the year ended December 31, 2013 was $3,761 million and $4,746 million, respectively.
• We recognized $46 million, $221 million and $57 millionof interest income, including an insignificant amount, $3 million and $1 millionon a cash basis, in the three months ended March 31, 2014,the year ended December 31, 2013 and the three months ended March 31, 2013, respectively, principally in our Consumer-U.S. installment and revolving credit portfolios. The total average investment in impaired loans for the three months ended March 31, 2014 and the year endedDecember 31, 2013 was $2,977 million and $3,156 million, respectively.

(In millions)	Non-impaired financing receivables		General reserves		Impaired loans		Specific reserves
March 31, 2014
Commercial	$	122,344	$	680	$	3,974	$	229
Real Estate		16,574		122		3,662		53
Consumer		102,864		3,500		2,968		560
Total	$	241,782	$	4,302	$	10,604	$	842
December 31, 2013
Commercial	$	125,377	$	677	$	3,892	$	328
Real Estate		16,039		118		3,860		74
Consumer		106,051		3,414		2,988		567
Total	$	247,467	$	4,209	$	10,740	$	969

Impaired loans classified as TDRs in our CLL business were $2,916 million and $2,961million at March 31, 2014 and December 31, 2013, respectively, and were primarily attributable to CLL Americas ($1,676million and $1,770million, respectively). For the threemonths ended March 31, 2014, we modified $295million of loans classified as TDRs,primarily in CLL Americas ($176million). Changes to these loans primarily included extensions, interest only payment periods, debt to equity exchange and forbearance or other actions, which are in addition to, or sometimes in lieu of, fees and rate increases. Of our $1,391million and $2,555millionof modifications classified as TDRs in thetwelvemonths ended March 31, 2014 and 2013, respectively, $19million and $44 million have subsequently experienced a payment default in thethree months ended March 31, 2014 and 2013, respectively.

Real Estate TDRs decreased from $3,625 million at December 31, 2013 to $3,470 million at March 31, 2014, primarily driven by resolution of TDRs through paydowns. We deem loan modifications to be TDRs when we have granted a concession to a borrower experiencing financial difficulty and we do not receive adequate compensation in the form of an effective interest rate that is at current market rates of interest given the risk characteristics of the loan or other consideration that compensates us forthe value of the concession. The limited liquidity and higher return requirements in the real estate market for loans with higher loan-to-value (LTV) ratios has typically resulted in the conclusion that the modified terms are not at current market rates of interest, even if the modified loans are expected to be fully recoverable. For the three months ended March 31, 2014, we modified $369 million of loans classified as TDRs. Changes to these loans primarily included forbearance, maturity extensions and changes to collateral or covenant terms or other actions, which are in addition to, or sometimes in lieu of, fees and rate increases. Of our $1,636million and $3,611million of modifications classified as TDRs in the twelve months ended March 31, 2014 and 2013, respectively, $20 million and $174 million have subsequently experienced a payment default in the threemonths ended March 31, 2014 and 2013, respectively.

Impaired loans in our Consumer business represent restructured smaller balance homogeneous loans meeting the definition of a TDR, and are therefore subject to the disclosure requirement for impaired loans, and commercial loans in our Consumer–Other portfolio. The recorded investment of these impaired loans totaled $2,968 million (with an unpaid principal balance of $3,023 million) and comprised $132million with no specific allowance, primarily all in our Consumer–Other portfolio, and $2,836million with a specific allowance of $560million at March 31, 2014. The impaired loans with a specific allowance included $239million with a specific allowance of $33 million in our Consumer–Other portfolio and $2,597million with a specific allowance of $527million across the remaining Consumer business and had an unpaid principal balance and average investment of $2,854 million and $2,857 million, respectively, at March 31, 2014.

Impaired loans classified as TDRs in our Consumer business were $2,839 million and $2,874 million at March 31, 2014 and December 31, 2013, respectively.We utilize certain loan modification programs for borrowers experiencingfinancial difficulties in our Consumer loan portfolio. These loan modification programs primarily include interest rate reductions and payment deferrals in excess of three months, which were not part of the terms of the original contract, and are primarily concentrated in our non-U.S. residential mortgage and U.S. credit card portfolios.For the three months endedMarch 31, 2014, we modified $296million of consumer loans for borrowers experiencing financial difficulties, which are classified as TDRs, and included $179 million of non-U.S.consumer loans, primarily residential mortgages, credit cards and personal loans and $117million of U.S. consumer loans, primarily credit cards.We expect borrowers whose loans have been modified under these programs to continue to be able to meet their contractual obligations upon the conclusion of the modification. Of our $1,339 million and $1,647 million of modifications classified as TDRs in the twelve months ended March 31, 2014 and 2013, respectively,$57million and $100 million have subsequently experienced a payment default in the three months ended March 31, 2014 and 2013, respectively.

Supplemental Credit Quality Information

Commercial

Substantially all of ourCommercial financing receivables portfolio is secured lending and we assess the overall quality of the portfolio based on the potential risk of loss measure. The metric incorporates both the borrower's credit quality along with any related collateral protection.

Our internal risk ratings process is an important source of information in determining our allowance for losses and represents a comprehensive, statistically validated approach to evaluate risk inour financing receivables portfolios. In deriving our internal risk ratings, we stratify our Commercial portfolios into 21 categories of default risk and/or six categories of loss given default to group into three categories: A, B and C. Our process starts by developing an internal risk rating for our borrowers, which is based upon our proprietary models using data derived from borrower financial statements, agency ratings, payment history information, equity prices and other commercial borrower characteristics. We then evaluate the potential risk of loss for the specific lending transaction in the event of borrower default, which takes into account such factors as applicable collateral value, historical loss and recovery rates for similar transactions, and our collection capabilities.Our internal risk ratingsprocess and the models we use are subject to regular monitoring and validation controls. The frequency of rating updates is set by our credit risk policy, which requires annual Risk Committee approval. The models are updated on a regular basis and statistically validated annually, or more frequently as circumstances warrant.

As described above, financing receivables are assigned one of 21 risk ratings based on our process and then these are grouped by similar characteristics into three categories in the table below. Category A is characterized by either high-credit-quality borrowers or transactions with significant collateral coverage that substantially reduces or eliminates the risk of loss in the event of borrower default. Category B is characterized by borrowers with weaker credit quality than those in Category A, or transactions with moderately strong collateral coverage thatminimizes but may not fully mitigate the risk of loss in the event of default. Category C is characterized by borrowers with higher levels of default risk relative to our overall portfolio or transactions where collateral coverage may not fully mitigate a loss in the event of default.

Commercial Financing Receivables Risk by Category
	Secured
(In millions)	A		B		C		Total
March 31, 2014
CLL
Americas	$	65,126	$	1,348	$	1,538	$	68,012
International		43,537		565		1,439		45,541
Total CLL		108,663		1,913		2,977		113,553
Energy Financial Services		2,616		62		44		2,722
GECAS		8,582		55		214		8,851
Other		139		-		-		139
Total	$	120,000	$	2,030	$	3,235	$	125,265
December 31, 2013
CLL
Americas	$	65,545	$	1,587	$	1,554	$	68,686
International		44,930		619		1,237		46,786
Total CLL		110,475		2,206		2,791		115,472
Energy Financial Services		2,969		9		-		2,978
GECAS		9,175		50		152		9,377
Other		318		-		-		318
Total	$	122,937	$	2,265	$	2,943	$	128,145

For our secured financing receivables portfolio, our collateral position and ability to work out problem accounts mitigates our losses. Our asset managers have deep industry expertise that enables us to identify the optimum approach to default situations. We price risk premiums for weaker credits at origination, closely monitor changes in creditworthiness through our risk ratings and watch list process, and are engaged early with deteriorating credits to minimize economic loss. Secured financing receivables within risk Category C are predominantly in our CLL businesses and are primarily composed of senior term lending facilities and factoring programs secured by various asset types including inventory, accounts receivable, cash, equipment and related business facilities as well as franchise finance activities secured by underlying equipment.

Loans within Category C are reviewed and monitored regularly, and classified as impaired when it is probable that they will not pay in accordance with contractual terms. Our internal risk rating process identifies credits warranting closer monitoring; and as such, these loans are not necessarily classified as nonaccrual or impaired.

Our unsecured Commercial financing receivables portfolio is primarily attributable to our InterbancaS.p.A. and GE Sanyo Credit acquisitions in CLL International. At March 31, 2014 and December 31, 2013, these financing receivables included $371 million and $313 million rated A, $400 million and $580 million rated B, and $282 million and $231 million rated C, respectively.

Real Estate

Due to the primarily non-recourse nature of our Debt portfolio, loan-to-value ratios (the ratio of the outstanding debt on a property to the re-indexed value of that property) provide the best indicators of the credit quality of the portfolio.

	Loan-to-value ratio
	March 31, 2014						December 31, 2013
	Less than		80% to		Greater than		Less than		80% to		Greater than
(In millions)	80%		95%		95%		80%		95%		95%
Debt	$	15,974	$	1,512	$	1,754	$	15,576	$	1,300	$	2,111

The credit quality of the owner occupied/credit tenant portfolio is primarily influenced by the strength of the borrower's general credit quality, which is reflected in our internal risk rating process, consistent with the process we use for our Commercial portfolio. As of March 31, 2014, the balances of our owner occupied/credit tenant portfolio with an internal risk rating of A, B and C approximated $638 million, $201 million and $157 million, respectively, as compared to the December 31, 2013, balances of $571 million, $179 million and $162 million, respectively.

The financing receivables within our Debt portfolioare primarily concentrated in our North American and European Lending platforms and are secured by various property types. A substantial majority of our Debt financing receivables with loan-to-value ratios greater than 95% are paying in accordance with contractual terms. Substantially all of these loans and the majority of ourowner occupied/credit tenant financing receivables included in Category Care impaired loans that are subject to the specific reserve evaluation process. The ultimate recoverability of impaired loans is driven by collection strategies that do not necessarily depend on the sale of the underlying collateral and include full or partial repayments through third-party refinancing and restructurings.

Consumer

At March 31, 2014, our U.S. consumer financing receivables included private-label credit card and sales financing for approximately 57 million customers across the U.S. with no metropolitan area accounting for more than 6% of the portfolio. Of the total U.S. consumer financing receivables, approximately 66% relate to credit card loans that are often subject to profit and loss-sharing arrangements with the retailer (which are recorded in revenues), and the remaining 34% are sales finance receivables that provide financing to customers in areas such as electronics, recreation, medical and home improvement.

Our Consumer financing receivables portfolio comprises both secured and unsecured lending. Secured financing receivables comprise residential loans and lending to small and medium-sized enterprises predominantly secured by auto and equipment, inventory finance and cash flow loans. Unsecured financing receivables include private-label credit card financing. A substantial majority of these cards are not for general use and are limited to the products and services sold by the retailer. The private-label portfolio is diverse with no metropolitan area accounting for more than 5% of the related portfolio.

Non-U.S. residential mortgages

For our secured non-U.S. residential mortgage book, we assess the overall credit quality of the portfolio through loan-to-value ratios (the ratio of the outstanding debt on a property to the value of that property at origination). In the event of default and repossession of the underlying collateral, we have the ability to remarket and sell the properties to eliminate or mitigate the potential risk of loss.

	Loan-to-value ratio
	March 31, 2014							December 31, 2013
	80% or		Greater than		Greater than		80% or		Greater than		Greater than
(In millions)	less		80% to 90%		90%		less		80% to 90%		90%
Non-U.S. residential mortgages	$	17,148	$	5,098	$	8,109	$	17,224	$	5,130	$	8,147

The majority of these financing receivables are in our U.K. and France portfolios and have re-indexed loan-to-value ratios of74% and 56%, respectively. Re-indexed loan-to-value ratios may not reflect actual realizable values of future repossessions. We have third-party mortgage insurance for about22% of the balance of Consumer non-U.S. residential mortgage loans with loan-to-value ratios greater than 90% at March 31, 2014. Such loans were primarily originated in France and the U.K.

Installment and Revolving Credit

For our unsecured lending products, including the non-U.S. and U.S. installment and revolving credit and non-U.S. auto portfolios, we assess overall credit quality using internal and external credit scores. Our internal credit scores imply a probability of default that we consistently translate into three approximate credit bureau equivalent credit score categories, including (a) 671 or higher, which are considered the strongest credits; (b) 626 to 670, which are considered moderate credit risk; and (c) 625 or less, which are considered weaker credits.

	Internal ratings translated to approximate credit bureau equivalent score
	March 31, 2014						December 31, 2013
	671 or		626 to		625 or		671 or		626 to		625 or
(In millions)	higher		670		less		higher		670		less
Non-U.S. installment and
revolving credit	$	8,033	$	3,117	$	2,565	$	8,310	$	2,855	$	2,512
U.S. installment and
revolving credit		34,388		10,817		7,682		36,723		11,101		8,030
Non-U.S. auto		1,338		344		275		1,395		373		286

Installment and revolving credit accounts with credit bureau equivalent scores of 625 or less have an average outstanding balance less than one thousand U.S. dollars and are primarily concentrated in our retail card and sales finance receivables in the U.S. and closed-end loans outside the U.S., which minimizes the potential for loss in the event of default. For lower credit scores, we adequately price for the incremental risk at origination and monitor credit migration through our risk ratings process. We continuously adjust our credit line underwriting management and collection strategies based on customer behavior and risk profile changes.

Consumer – Other

We develop our internal risk ratings for this portfolio in a manner consistent with the process used to develop our Commercial credit quality indicators, described above. We use the borrower's credit quality and underlying collateral strength to determine the potential risk of loss from these activities.

At March 31, 2014, Consumer – Other financing receivables of $6,013 million, $401 million and $504 million were rated A, B, and C, respectively. At December 31, 2013, Consumer – Other financing receivables of $6,137 million, $315 million and $501 million were rated A, B, and C, respectively.

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Property, Plant and Equipment

3 Months Ended

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

6. PROPERTY, PLANT AND EQUIPMENT

(In millions)	March 31, 2014		December 31, 2013
Original cost	$	115,869	$	116,469
Less accumulated depreciation and amortization		(48,126)		(47,642)
Property, plant and equipment – net	$	67,743	$	68,827

Consolidated depreciation and amortization was$2,275 million and $2,309 million in the three months ended March 31, 2014 and 2013, respectively.

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GECC Borrowings and Bank Deposits

3 Months Ended

Mar. 31, 2014

Debt Disclosure [Abstract]

GECC Borrowings and Bank Deposits

8. BORROWINGS AND BANK DEPOSITS

(In millions)	March 31, 2014		December 31, 2013
Short-term borrowings
GE
Commercial paper	$	350	$	-
Payable to banks		520		346
Current portion of long-term borrowings		70		70
Other		607		1,425
Total GE short-term borrowings		1,547		1,841
GECC
Commercial paper
U.S.		21,229		24,877
Non-U.S.		3,817		4,168
Current portion of long-term borrowings(a)(b)		40,720		39,215
GE Interest Plus notes(c)		8,935		8,699
Other(b)		401		339
Total GECC short-term borrowings		75,102		77,298
Eliminations		(528)		(1,249)
Total short-term borrowings	$	76,121	$	77,890
Long-term borrowings
GE
Senior notes	$	13,941	$	10,968
Payable to banks		9		10
Other		519		537
Total GE long-term borrowings		14,469		11,515
GECC
Senior unsecured notes(a)(d)		183,271		186,433
Subordinated notes(e)		4,860		4,821
Subordinated debentures(f)		7,530		7,462
Other(b)		10,993		11,563
Total GECC long-term borrowings		206,654		210,279
Eliminations		(131)		(129)
Total long-term borrowings	$	220,992	$	221,665
Non-recourse borrowings of consolidated securitization entities(g)	$	28,724	$	30,124
Bank deposits(h)	$	54,743	$	53,361
Total borrowings and bank deposits	$	380,580	$	383,040

(a)       Included $481millionof obligations to holders of GICs at bothMarch 31, 2014 and December 31, 2013, respectively. These obligations included conditions under which certain GIC holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3. The remaining outstanding GICs will continue to be subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC's ratings, among other things.

(b)       Included $9,338 million and $9,468million of funding secured by real estate, aircraft and other collateral at March 31, 2014 and December 31, 2013, respectively, of which $2,733 million and $2,868 million is non-recourse to GECC at March 31, 2014 and December 31, 2013, respectively.

(c)       Entirely variable denomination floating-rate demand notes.

(d)Included $700 million of debt at both March 31, 2014 and December 31, 2013 raisedby a funding entity related to Penske Truck Leasing Co., L.P. (PTL). GECC, as co-issuer and co-guarantor of the debt, reports this amount as borrowings in its financial statements. GECC has been indemnified by the other limited partners of PTL for their proportionate share of the debt obligation.

(e) Included $300 million of subordinated notes guaranteed by GE at both March 31, 2014 and December 31, 2013.

(f)Subordinated debentures receive rating agency equity credit.

(g)       Included at March 31, 2014 and December 31, 2013, were $9,878 million and $9,047million of current portion of long-term borrowings, respectively. See Note 16.

(h)       Included $13,458 million and $13,614 million of deposits in non-U.S. banks at March 31, 2014 and December 31, 2013, respectively, and $19,305 million and $18,275 million of certificates of deposits with maturities greater than one year at March 31, 2014 and December 31, 2013, respectively.

In the first quarter of 2014, GE issued $3,000 million senior unsecured debt, composed of $750 million aggregate principal amount of 3.375% Notes due 2024 and $2,250 million aggregate principal amount of 4.500% Notes due 2044.

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Goodwill and Other Intangible Assets (Goodwill) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended			0 Months Ended	3 Months Ended	0 Months Ended	3 Months Ended			3 Months Ended		3 Months Ended		3 Months Ended		3 Months Ended		3 Months Ended		3 Months Ended		3 Months Ended		3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Feb. 12, 2014 Acquisition API Healthcare [Member]	Mar. 31, 2014 Acquisition API Healthcare [Member]	Mar. 21, 2014 Acquisition ThermoFisher Scientific Inc [Member]	Mar. 31, 2014 Acquisition ThermoFisher Scientific Inc [Member]	Mar. 31, 2014 Power And Water [Member]	Dec. 31, 2013 Power And Water [Member]	Mar. 31, 2014 Oil And Gas [Member]	Dec. 31, 2013 Oil And Gas [Member]	Mar. 31, 2014 Energy Management [Member]	Dec. 31, 2013 Energy Management [Member]	Mar. 31, 2014 Aviation [Member]	Dec. 31, 2013 Aviation [Member]	Mar. 31, 2014 Healthcare [Member]	Dec. 31, 2013 Healthcare [Member]	Mar. 31, 2014 Transportation [Member]	Dec. 31, 2013 Transportation [Member]	Mar. 31, 2014 Appliances And Lighting [Member]	Dec. 31, 2013 Appliances And Lighting [Member]	Mar. 31, 2014 GE Capital [Member]	Dec. 31, 2013 GE Capital [Member]	Mar. 31, 2014 Corporate Items And Eliminations [Member]	Dec. 31, 2013 Corporate Items And Eliminations [Member]
Goodwill [Line Items]
Goodwill	$ 79,129		$ 77,648					$ 8,856	$ 8,822	$ 10,567	$ 10,516	$ 4,823	$ 4,748	$ 9,271	$ 9,103	$ 17,686	$ 16,643	$ 981	$ 1,012	$ 606	$ 606	$ 26,336	$ 26,195	$ 3	$ 3
Payments to Acquire Businesses, Net of Cash Acquired	1,454	(6,383)		340		1,065
Increase (Decrease) in Intangible Assets, Current	859				125		300
Intangible assets subject to amortization	14,645		14,150
Indefinite-lived intangible assets	143		160
Total	14,788		14,310
Acquisitions	1,046				275			0		21		0		0		1,024		1		0		0		0
Dispositions, currency exchange and other	435							34		30		75		168		19		(32)		0		141		0
Goodwill, period increase (decrease)	$ 1,481						$ 725

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Financial Instruments (Cash flow hedges) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended															12 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2014 Cash Flow Hedge [Member]	Mar. 31, 2013 Cash Flow Hedge [Member]	Mar. 31, 2014 Cash Flow Hedge [Member] Interest Rate Contract [Member]	Mar. 31, 2013 Cash Flow Hedge [Member] Interest Rate Contract [Member]	Mar. 31, 2014 Cash Flow Hedge [Member] Foreign Exchange Contract [Member]	Mar. 31, 2013 Cash Flow Hedge [Member] Foreign Exchange Contract [Member]	Mar. 31, 2014 Cash Flow Hedge [Member] Commodity Contract [Member]	Mar. 31, 2013 Cash Flow Hedge [Member] Commodity Contract [Member]	Mar. 31, 2014 Net Investment Hedge [Member]	Mar. 31, 2013 Net Investment Hedge [Member]	Mar. 31, 2014 Net Investment Hedge [Member] Foreign Exchange Contract [Member]	Mar. 31, 2013 Net Investment Hedge [Member] Foreign Exchange Contract [Member]	Mar. 31, 2014 Fair Value Hedges [Member]	Mar. 31, 2013 Fair Value Hedges [Member]	Mar. 31, 2014 Fair Value Hedges [Member] Interest Rate Contract [Member]	Dec. 31, 2013 Fair Value Hedges [Member] Interest Rate Contract [Member]	Mar. 31, 2014 Fair Value Hedges [Member] Foreign Exchange Contract [Member]	Dec. 31, 2013 Fair Value Hedges [Member] Foreign Exchange Contract [Member]
Summary Of Cash Flow Hedge Activity [Line Items]
Gain (loss) recognized in AOCI	$ 157	$ (8)	$ 3	$ (11)	$ 156	$ 4	$ (2)	$ (1)			$ (1,033)	$ 2,105
Gain (loss) reclassified from AOCI into earnings	37	(131)	(69)	(102)	108	(28)	(2)	(1)			10	(124)
Pre-tax gain (loss) included in AOCI related to cash flow hedges of forecasted transactions	(118)
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	160
Gain Loss Related To Hedge Forecasted Transactions And Firm Commitments That Did Not Occur By End Of Originally Specified Period	insignificant gains and losses	insignificant gains and losses
Maximum term of hedged forecasted transactions	19	20
Hedge ineffectiveness gain (loss)									$ (142)	$ (166)			$ (16)	$ (34)	$ (1,005)	$ 881	$ (3)	$ 8

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GECC Borrowings and Bank Deposits (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014		Dec. 31, 2013
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	$ 76,121		$ 77,890
Long-term borrowings	220,992		221,665
Non Recourse Borrowings Of Consolidated Securitization Entities	28,724		30,124
Bank deposits	54,743		53,361
Total borrowings and bank deposits	380,580		383,040
Scenario, Adjustment [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	(528)		(1,249)
Long-term borrowings	(131)		(129)
Commercial Paper [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	350		0
Notes Payable to Banks [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	520		346
Long-term borrowings	9		10
Current Portion Of Long Term Borrowings [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	70		70
Non Recourse Borrowings Of Consolidated Securitization Entities	9,878		9,047
Other Short Term Borrowing [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	607		1,425
Senior unsecured notes [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	13,941		10,968
Other Long Term Borrowing [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	519		537
Subsidiaries [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	1,547	[1]	1,841	[1]
Long-term borrowings	14,469	[1]	11,515	[1]
Non Recourse Borrowings Of Consolidated Securitization Entities	0	[1]	0	[1]
Bank deposits	0	[1]	0	[1]
Subsidiaries GECC [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	75,102		77,298
Long-term borrowings	206,654		210,279
Non Recourse Borrowings Of Consolidated Securitization Entities	28,724		30,124
Bank deposits	54,743		53,361
Subsidiaries GECC [Member] | US Commercial Paper [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	21,229		24,877
Subsidiaries GECC [Member] | Non US Commercial Paper [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	3,817		4,168
Subsidiaries GECC [Member] | Current Portion Of Long Term Borrowings [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	40,720		39,215
Subsidiaries GECC [Member] | GE Interest Plus notes [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	8,935		8,699
Subsidiaries GECC [Member] | Other Short Term Borrowing [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	401		339
Subsidiaries GECC [Member] | Senior unsecured notes [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	183,271		186,433
Subsidiaries GECC [Member] | Subordinated notes [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	4,860		4,821
Subsidiaries GECC [Member] | Subordinated Debt [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	7,530		7,462
Subsidiaries GECC [Member] | Other Long Term Borrowing [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	$ 10,993		$ 11,563

[1] Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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Property, Plant and Equipment (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Original cost	$ 115,869		$ 116,469
Less accumulated depreciation and amortization	(48,126)		(47,642)
Property, plant and equipment - net	67,743		68,827
Depreciation and amortization	$ 2,275	$ 2,309

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GECC Borrowings and Bank Deposits (Tables)

3 Months Ended

Mar. 31, 2014

Debt Disclosure [Abstract]

GECC Borrowings

(In millions)	March 31, 2014		December 31, 2013
Short-term borrowings
GE
Commercial paper	$	350	$	-
Payable to banks		520		346
Current portion of long-term borrowings		70		70
Other		607		1,425
Total GE short-term borrowings		1,547		1,841
GECC
Commercial paper
U.S.		21,229		24,877
Non-U.S.		3,817		4,168
Current portion of long-term borrowings(a)(b)		40,720		39,215
GE Interest Plus notes(c)		8,935		8,699
Other(b)		401		339
Total GECC short-term borrowings		75,102		77,298
Eliminations		(528)		(1,249)
Total short-term borrowings	$	76,121	$	77,890
Long-term borrowings
GE
Senior notes	$	13,941	$	10,968
Payable to banks		9		10
Other		519		537
Total GE long-term borrowings		14,469		11,515
GECC
Senior unsecured notes(a)(d)		183,271		186,433
Subordinated notes(e)		4,860		4,821
Subordinated debentures(f)		7,530		7,462
Other(b)		10,993		11,563
Total GECC long-term borrowings		206,654		210,279
Eliminations		(131)		(129)
Total long-term borrowings	$	220,992	$	221,665
Non-recourse borrowings of consolidated securitization entities(g)	$	28,724	$	30,124
Bank deposits(h)	$	54,743	$	53,361
Total borrowings and bank deposits	$	380,580	$	383,040

(a)       Included $481millionof obligations to holders of GICs at bothMarch 31, 2014 and December 31, 2013, respectively. These obligations included conditions under which certain GIC holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3. The remaining outstanding GICs will continue to be subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC's ratings, among other things.

(b)       Included $9,338 million and $9,468million of funding secured by real estate, aircraft and other collateral at March 31, 2014 and December 31, 2013, respectively, of which $2,733 million and $2,868 million is non-recourse to GECC at March 31, 2014 and December 31, 2013, respectively.

(c)       Entirely variable denomination floating-rate demand notes.

(d)Included $700 million of debt at both March 31, 2014 and December 31, 2013 raisedby a funding entity related to Penske Truck Leasing Co., L.P. (PTL). GECC, as co-issuer and co-guarantor of the debt, reports this amount as borrowings in its financial statements. GECC has been indemnified by the other limited partners of PTL for their proportionate share of the debt obligation.

(e) Included $300 million of subordinated notes guaranteed by GE at both March 31, 2014 and December 31, 2013.

(f)Subordinated debentures receive rating agency equity credit.

(g)       Included at March 31, 2014 and December 31, 2013, were $9,878 million and $9,047million of current portion of long-term borrowings, respectively. See Note 16.

(h)       Included $13,458 million and $13,614 million of deposits in non-U.S. banks at March 31, 2014 and December 31, 2013, respectively, and $19,305 million and $18,275 million of certificates of deposits with maturities greater than one year at March 31, 2014 and December 31, 2013, respectively.

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Investment Securities (Investment) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		12 Months Ended
	Mar. 31, 2014		Dec. 31, 2013
Investment [Line Items]
Investments	$ 45,733		$ 43,981
Consolidation, Eliminations [Member]
Investment [Line Items]
Retained interests, Gross unrealized gain	0		0
Retained interests, Gross unrealized loss	0		0
Consolidation, Eliminations [Member] | Amortized Cost [Member]
Investment [Line Items]
Marketable Securities	(3)		(4)
Consolidation, Eliminations [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Marketable Securities	(3)		(4)
Total [Member]
Investment [Line Items]
Retained interests, Gross unrealized gain	4,235		3,256
Retained interests, Gross unrealized loss	(572)		(749)
Total [Member] | Amortized Cost [Member]
Investment [Line Items]
Marketable Securities	42,070		41,474
Total [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Marketable Securities	45,733		43,981
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Residential Mortgage Backed Securities [Member]
Investment [Line Items]
Debt securities, Estimated fair value	649
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Residential Mortgage Backed Securities [Member]
Investment [Line Items]
Debt securities, Estimated fair value	1,225
Subsidiaries [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost			13
Retained interests, Gross unrealized gain	20		23
Trading Securities, Unrealized Holding Gain	0		0
Trading Securities, Unrealized Holding Loss	0		0
Retained interests, Gross unrealized loss	(70)		(42)
Investments	286	[1]	323	[1]
Subsidiaries [Member] | Amortized Cost [Member]
Investment [Line Items]
Trading Securities	0		6
Marketable Securities	336		342
Subsidiaries [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Trading Securities	0		6
Marketable Securities	286		323
Debt securities, Estimated fair value			12
Subsidiaries [Member] | Domestic Corporate Debt Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	22		21
Debt securities, Gross unrealized gains	11		14
Debt securities, Gross unrealized losses	0		0
Subsidiaries [Member] | Domestic Corporate Debt Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	33		35
Subsidiaries [Member] | US States and Political Subdivisions Debt Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	13
Subsidiaries [Member] | Foreign Corporate Debt Securities [Member]
Investment [Line Items]
Debt securities, Gross unrealized gains	0		0
Debt securities, Gross unrealized losses	0		(1)
Subsidiaries [Member] | Foreign Corporate Debt Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	13
Subsidiaries [Member] | Available-for-sale Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	301		302
Available-for-sale Equity Securities, Gross Unrealized Loss	(70)		(41)
Available-for-sale Equity Securities, Gross Unrealized Gain	9		9
Subsidiaries [Member] | Available-for-sale Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Available-for-sale Securities, Equity, Estimated fair value	240		270
Subsidiaries GECC [Member]
Investment [Line Items]
Investments	45,450		43,662
Subsidiaries GECC [Member] | Domestic Corporate Debt Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	19,711		19,600
Debt securities, Gross unrealized gains	3,088		2,323
Debt securities, Gross unrealized losses	(138)		(217)
Subsidiaries GECC [Member] | Domestic Corporate Debt Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	22,661		21,706
Subsidiaries GECC [Member] | US States and Political Subdivisions Debt Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	5,115		4,245
Debt securities, Gross unrealized gains	409		235
Debt securities, Gross unrealized losses	(130)		(191)
Subsidiaries GECC [Member] | US States and Political Subdivisions Debt Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	5,394		4,289
Subsidiaries GECC [Member] | Residential Mortgage Backed Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	1,770		1,819
Debt securities, Gross unrealized gains	143		139
Debt securities, Gross unrealized losses	(39)		(48)
Subsidiaries GECC [Member] | Residential Mortgage Backed Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	1,874		1,910
Subsidiaries GECC [Member] | Commercial Mortgage Backed Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	2,986		2,929
Debt securities, Gross unrealized gains	198		188
Debt securities, Gross unrealized losses	(61)		(82)
Subsidiaries GECC [Member] | Commercial Mortgage Backed Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	3,123		3,035
Subsidiaries GECC [Member] | Asset-backed Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	7,347		7,373
Debt securities, Gross unrealized gains	32		60
Debt securities, Gross unrealized losses	(41)		(46)
Subsidiaries GECC [Member] | Asset-backed Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	7,338		7,387
Subsidiaries GECC [Member] | Foreign Corporate Debt Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	1,716		1,741
Debt securities, Gross unrealized gains	137		103
Debt securities, Gross unrealized losses	(64)		(86)
Subsidiaries GECC [Member] | Foreign Corporate Debt Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	1,789		1,758
Subsidiaries GECC [Member] | Foreign Government Debt Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	2,058		2,336
Debt securities, Gross unrealized gains	103		81
Debt securities, Gross unrealized losses	(3)		(7)
Subsidiaries GECC [Member] | Foreign Government Debt Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	2,158		2,410
Subsidiaries GECC [Member] | US Treasury and Government [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	707		752
Debt securities, Gross unrealized gains	48		45
Debt securities, Gross unrealized losses	(18)		(27)
Subsidiaries GECC [Member] | US Treasury and Government [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Debt securities, Estimated fair value	737		770
Subsidiaries GECC [Member] | Retained Interest [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	64		64
Retained interests, Gross unrealized gain	11		8
Retained interests, Gross unrealized loss	0		0
Retained interests, Estimated fair value	75		72
Subsidiaries GECC [Member] | Available-for-sale Securities [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost	195		203
Retained interests, Gross unrealized gain	46		51
Available-for-sale Equity Securities, Gross Unrealized Loss	(8)		(3)
Subsidiaries GECC [Member] | Available-for-sale Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Available-for-sale Securities, Equity, Estimated fair value	233		251
Subsidiaries GECC [Member] | Trading Securities [Member]
Investment [Line Items]
Trading Securities, Unrealized Holding Gain	0		0
Trading Securities, Unrealized Holding Loss	0		0
Subsidiaries GECC [Member] | Trading Securities [Member] | Amortized Cost [Member]
Investment [Line Items]
Trading Securities	68		74
Subsidiaries GECC [Member] | Trading Securities [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Trading Securities	68		74
Subsidiaries GECC [Member] | Sub Total [Member]
Investment [Line Items]
Retained interests, Gross unrealized gain	4,215		3,233
Retained interests, Gross unrealized loss	(502)		(707)
Subsidiaries GECC [Member] | Sub Total [Member] | Amortized Cost [Member]
Investment [Line Items]
Marketable Securities	41,737		41,136
Subsidiaries GECC [Member] | Sub Total [Member] | Estimated Fair Value [Member]
Investment [Line Items]
Marketable Securities	$ 45,450		$ 43,662

[1] Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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Earnings Per Share Information

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share Information

13. EARNINGS PER SHARE INFORMATION

	Three months ended March 31
	2014				2013
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)	$	2,983	$	2,983	$	3,642	$	3,642
Earnings (loss) from discontinued operations
for per-share calculation(a)		12		12		(120)		(120)
Net earnings attributable to GE common
shareowners for per-share calculation(a)	$	2,995	$	2,995	$	3,522	$	3,522
Average equivalent shares
Shares of GE common stock outstanding		10,045		10,045		10,374		10,374
Employee compensation-related shares (including
stock options) and warrants		78		-		59		-
Total average equivalent shares		10,123		10,045		10,433		10,374
Per-share amounts
Earnings from continuing operations	$	0.29	$	0.30	$	0.35	$	0.35
Earnings (loss) from discontinued operations		0.00		0.00		(0.01)		(0.01)
Net earnings		0.30		0.30		0.34		0.34

• Included an insignificant amount of dividend equivalents in each of the periods presented.

For the three months ended March 31, 2014 and 2013, there were approximately 72 million and190 million, respectively, of outstanding stock awards that were not included in the computation of diluted earnings per share because their effect was antidilutive.

Earnings-per-share amounts are computed independently for earnings from continuing operations, earnings (loss) from discontinued operations and net earnings. As a result, the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings.

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Summary of Significant Accounting Policies (Policy)

3 Months Ended

Mar. 31, 2014

Accounting Policies [Abstract]

Basis of Presentation and Summary of Significant Accounting Policies

1. Basis of Presentation and Summary of Significant Accounting Policies

Basis of Presentation

The accompanying condensed, consolidated financial statements represent the consolidation of General Electric Company (the Company) and all companies that we directly or indirectly control, either through majority ownership or otherwise. See Note 1 to the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013 (2013 consolidated financial statements), which discusses our consolidation and financial statement presentation. As used in this report on Form 10-Q (Report), “GE” represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), whose continuing operations are presented on a one-line basis; GECC consists of General Electric Capital Corporation and all of its affiliates; and “Consolidated” represents the adding together of GE and GECC with the effects of transactions between the two eliminated. Unless otherwise indicated, we refer to the caption revenues and other income simply as “revenues” throughout Item 1 of this Form 10-Q.

We have reclassified certain prior-period amounts to conform to the current-period presentation. Unless otherwise indicated, information in these notes to the condensed, consolidated financial statements relates to continuing operations.

Accounting Changes Policy

Accounting Changes

On January 1, 2014, we adopted Accounting Standards Update (ASU) 2013-05, Foreign Currency Matters (Topic 830): Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity. Under the revised guidance, the entire amount of the cumulative translation adjustment associated with the foreign entity will be released into earnings in the following circumstances: (a) the sale of a subsidiary or group of net assets within a foreign entity that represents a complete or substantially complete liquidation of that entity, (b) the loss of a controlling financial interest in an investment in a foreign entity, or (c) when the accounting for an investment in a foreign entity changes from the equity method to full consolidation. The revised guidance applies prospectively to transactions or events occurring on or after January 1, 2014.

On January 1, 2014, we adopted ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. Under the new guidance, an unrecognized tax benefit is required to be presented as a reduction to a deferred tax asset if the disallowance of the tax position would reduce the available tax loss or tax credit carryforward instead of resulting in a cash tax liability. The ASU applies prospectively to all unrecognized tax benefits that exist as of the adoption date and reducedboth deferred tax assets and income tax liabilities by $1,224million as of January 1, 2014.

Interim Period Presentation Policy

Interim Period Presentation

The condensed, consolidated financial statements and notes thereto are unaudited. These statements include all adjustments (consisting of normal recurring accruals) that we considered necessary to present a fair statement of our results of operations, financial position and cash flows. The results reported in these condensed, consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. It is suggested that these condensed, consolidated financial statements be read in conjunction with the financial statements and notes thereto included in our 2013 consolidated financial statements. We label our quarterly information using a calendar convention, that is, first quarter is labeled as ending on March 31, second quarter as ending on June 30, and third quarter as ending on September 30. It is our longstanding practice to establish interim quarterly closing dates using a fiscal calendar, which requires our businesses to close their books on either a Saturday or Sunday, depending on the business. The effects of this practice are modest and only exist within a reporting year. The fiscal closing calendar for 2014 is available on our website, www.ge.com/secreports.

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (WMC) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Roll Forward Of Reserve And Pending Claims [Abstract]
Revenues from discontinued operations	$ 29	$ 54
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	12	(120)
WMC Discontinued Operations [Member]
Financial Information For Discontinued Operations [Line Items]
Adjustment For Pending Claims For Unmet Representations And Warranties	250
Roll Forward Of Reserve And Pending Claims [Abstract]
Reserve, beginning of period	800	633	633
Provision	0	107
Claim resolutions	(250)	0
Reserve, end of period	550	740	800
Pending claims, beginning of period	5,643
New claims	6,989		6,780
Pending claims, end of period	4,466		5,643
Claims Relating To Alleged Breaches Of Representations That Are Beyond Applicable Statute Of Llimitations	700
Lawsuit Relating To Representations And Warranties Amount Of Mortgages	11,455
Number Of Lawsuits Involving Repurchase Claims On Loans	14
Number Of Securitizations Related To Lawsuits Involving repurchase Claims On Loans In Which Adverse Parties Are Securitization Trustees	13
Revenues from discontinued operations	4	(107)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	(2)	(71)
WMC Discontinued Operations [Member] | Lower Limit [Member]
Roll Forward Of Reserve And Pending Claims [Abstract]
Increase To Reserve For Claims For Unmet Representations And Warranties For Adverse Effect In Assumptions	0
WMC Discontinued Operations [Member] | Upper Limit [Member]
Roll Forward Of Reserve And Pending Claims [Abstract]
Increase To Reserve For Claims For Unmet Representations And Warranties For Adverse Effect In Assumptions	$ 500

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Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Financial Instruments [Abstract]

Estimated fair value of assets and liabilities

	March 31, 2014						December 31, 2013
			Assets (liabilities)						Assets (liabilities)
			Carrying						Carrying
	Notional		amount		Estimated		Notional		amount		Estimated
(In millions)	amount		(net)		fair value		amount		(net)		fair value
GE
Assets
Investments and notes
receivable	$	(a)	$	486	$	533	$	(a)	$	488	$	512
Liabilities
Borrowings(b)		(a)		(16,016)		(16,824)		(a)		(13,356)		(13,707)
GECC
Assets
Loans		(a)		221,187		225,454		(a)		226,293		230,792
Other commercial mortgages		(a)		2,261		2,269		(a)		2,270		2,281
Loans held for sale		(a)		1,078		1,078		(a)		512		512
Other financial instruments(c)		(a)		1,541		2,201		(a)		1,622		2,203
Liabilities
Borrowings and bank
deposits(b)(d)		(a)		(365,223)		(381,050)		(a)		(371,062)		(386,823)
Investment contract benefits		(a)		(3,107)		(3,666)		(a)		(3,144)		(3,644)
Guaranteed investment contracts		(a)		(1,441)		(1,429)		(a)		(1,471)		(1,459)
Insurance – credit life(e)		2,163		(110)		(96)		2,149		(108)		(94)

(a)These financial instruments do not have notional amounts.

(b)See Note 8.

(c)Principally comprises cost method investments.

(d)Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at March 31, 2014 and December 31, 2013 would have been reduced by $3,506 million and $2,284 million, respectively.

(e)Net of reinsurance of $1,250 millionatboth March 31, 2014 and December 31, 2013.

Loan commitments

Notional Amounts of Loan Commitments
(In millions)	March 31, 2014		December 31, 2013
Ordinary course of business lending commitments(a)	$	5,102	$	4,756
Unused revolving credit lines(b)
Commercial(c)		15,497		16,570
Consumer – principally credit cards		296,296		290,662

(a)Excluded investment commitments of $1,383 million and $1,395 million at March 31, 2014 and December 31, 2013, respectively.

(b)Excluded inventory financing arrangements, which may be withdrawn at our option, of $12,650 million and $13,502 million at March 31, 2014 and December 31, 2013, respectively.

(c)Included commitments of $11,952 million and $11,629 million atMarch 31, 2014 and December 31, 2013, respectively, associated with secured financing arrangements that could have increased to a maximum of $15,472 million and $14,590 million at March 31, 2014 and December 31, 2013, respectively, based on asset volume under the arrangement.

Fair value of derivatives by contract type

Fair Value of Derivatives
	March 31, 2014				December 31, 2013
(In millions)		Assets		Liabilities		Assets		Liabilities
Derivatives accounted for as hedges
Interest rate contracts	$	4,187	$	1,350	$	3,837	$	1,989
Currency exchange contracts		1,330		1,183		1,830		984
Other contracts		1		2		1		-
		5,518		2,535		5,668		2,973
Derivatives not accounted for as hedges
Interest rate contracts		289		145		270		169
Currency exchange contracts		1,814		1,979		2,257		2,245
Other contracts		225		48		284		42
		2,328		2,172		2,811		2,456
Gross derivatives recognized in statement of
financial position
Gross derivatives		7,846		4,707		8,479		5,429
Gross accrued interest		1,183		41		1,227		241
		9,029		4,748		9,706		5,670
Amounts offset in statement of financial position
Netting adjustments(a)		(3,556)		(3,586)		(4,120)		(4,113)
Cash collateral(b)		(2,744)		(309)		(2,619)		(242)
		(6,300)		(3,895)		(6,739)		(4,355)
Net derivatives recognized in statement of
financial position
Net derivatives		2,729		853		2,967		1,315
Amounts not offset in statement of
financial position
Securities held as collateral(c)		(1,655)		-		(1,962)		-
Net amount	$	1,074	$	853	$	1,005	$	1,315

Derivatives are classified in all other assets and all other liabilitiesand the related accrued interest is classified in other GECC receivables and all other liabilities in our financial statements.

(a)The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts include fair value adjustments related to our own and counterparty non-performance risk. At March 31, 2014 and December 31, 2013, the cumulative adjustment for non-performance risk was a gain (loss) of $30 million and $(7) million, respectively.

(b)       Excludes excess cash collateral receivedand posted of $177 million and $56 million at March 31, 2014, respectively, and $160 million and $37 million at December 31, 2013, respectively.

(c)       Excludes excess securities collateral received of $75 million and $363 million at March 31, 2014 and December 31, 2013, respectively.

Fair value hedges

Earnings Effect of Fair Value Hedging Relationships
	Three months ended March 31
	2014				2013
	Gain (loss)		Gain (loss)		Gain (loss)		Gain (loss)
	on hedging		on hedged		on hedging		on hedged
(In millions)	derivatives		items		derivatives		items
Interest rate contracts	$	990	$	(1,005)	$	(914)	$	881
Currency exchange contracts		2		(3)		(9)		8

Cash flow hedges

					Gain (loss) reclassified
	Gain (loss) recognized in AOCI				from AOCI into earnings
	for the three months ended March 31				for the three months ended March 31
(In millions)	2014		2013		2014		2013
Interest rate contracts	$	3	$	(11)	$	(69)	$	(102)
Currency exchange contracts		156		4		108		(28)
Commodity contracts		(2)		(1)		(2)		(1)
Total(a)	$	157	$	(8)	$	37	$	(131)

• Gain (loss) is recorded in GECC revenues from services, interest and other financial charges, and other costs and expenses when reclassified to earnings.

Net investment hedges

Gains (Losses) Recognized through CTA
	Gain (loss) recognized in CTA				Gain (loss) reclassified from CTA
	for the three months ended March 31				for the three months ended March 31
(In millions)	2014		2013		2014		2013
Currency exchange contracts(a)	$	(1,033)	$	2,105	$	10	$	(124)

• Gain (loss) is recorded in GECC revenues from services when reclassified out of AOCI.

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Condensed Statement of Financial Position (Unaudited) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014		Dec. 31, 2013
Assets
Cash and equivalents	$ 86,979		$ 88,555
Investment securities	45,733		43,981
Current receivables	20,975		21,388
Inventories	18,881		17,325
Financing receivables - net	237,005		241,940
Other GECC receivables	9,009		9,114
Property, plant and equipment - net	67,743		68,827
Investment in GECC	0		0
Goodwill	79,129		77,648
Other intangible assets - net	14,788		14,310
All other assets	70,504		70,808
Assets of businesses held for sale	48		50
Assets of discontinued operations	1,458		2,339
Total assets(b)	652,252	[1]	656,285	[1]
Liabilities and equity
Short-term borrowings	76,121		77,890
Accounts payable, principally trade accounts	17,206		16,471
Progress collections and price adjustments accrued	12,804		13,125
Dividends payable	2,206		2,220
Other GE current liabilities	13,622		13,381
Non-recourse borrowings of consolidated securitization entities	28,724		30,124
Bank deposits	54,743		53,361
Long-term borrowings	220,992		221,665
Investment contracts, insurance liabilities and insurance annuity benefits	27,019		26,544
All other liabilities	59,147		61,057
Deferred income taxes	381		(275)
Liabilities of businesses held for sale	2		6
Liabilities of discontinued operations	1,266		3,933
Total liabilities(b)	514,233	[1]	519,502	[1]
GECC preferred stock (50,000 shares outstanding at both March 31, 2014 and December 31, 2013)	0		0
Common stock (10,027,765,000 and 10,060,881,000 shares outstanding at March 31, 2014 and December 31, 2013, respectively)	702		702
Accumulated other comprehensive income (loss) - net(c)
Investment securities	764	[2]	307	[2]
Currency translation adjustments	177	[2]	126	[2]
Cash flow hedges	(189)	[2]	(257)	[2]
Benefit plans	(8,601)	[2]	(9,296)	[2]
Other capital	32,544		32,494
Retained earnings	149,840		149,051
Less common stock held in treasury	(43,401)		(42,561)
Total GE shareowners' equity	131,836		130,566
Noncontrolling interests(d)	6,183	[3]	6,217	[3]
Total equity	138,019		136,783
Total liabilities and equity	652,252		656,285
Subsidiaries [Member]
Assets
Cash and equivalents	11,690	[4]	13,682	[4]
Investment securities	286	[4]	323	[4]
Current receivables	11,102	[4]	10,970	[4]
Inventories	18,819	[4]	17,257	[4]
Financing receivables - net	0	[4]	0	[4]
Other GECC receivables	0	[4]	0	[4]
Property, plant and equipment - net	17,624	[4]	17,574	[4]
Investment in GECC	79,637	[4]	77,745	[4]
Goodwill	52,793	[4]	51,453	[4]
Other intangible assets - net	13,518	[4]	13,180	[4]
All other assets	23,940	[4]	23,708	[4]
Assets of businesses held for sale	0	[4]	0	[4]
Assets of discontinued operations	9	[4]	9	[4]
Total assets(b)	229,418	[1],[4]	225,901	[1],[4]
Liabilities and equity
Short-term borrowings	1,547	[4]	1,841	[4]
Accounts payable, principally trade accounts	15,718	[4]	16,353	[4]
Progress collections and price adjustments accrued	12,817	[4]	13,152	[4]
Dividends payable	2,206	[4]	2,220	[4]
Other GE current liabilities	13,622	[4]	13,381	[4]
Non-recourse borrowings of consolidated securitization entities	0	[4]	0	[4]
Bank deposits	0	[4]	0	[4]
Long-term borrowings	14,469	[4]	11,515	[4]
Investment contracts, insurance liabilities and insurance annuity benefits	0	[4]	0	[4]
All other liabilities	40,841	[4]	40,955	[4]
Deferred income taxes	(4,575)	[4]	(5,061)	[4]
Liabilities of businesses held for sale	0	[4]	0	[4]
Liabilities of discontinued operations	144	[4]	143	[4]
Total liabilities(b)	96,789	[1],[4]	94,499	[1],[4]
GECC preferred stock (50,000 shares outstanding at both March 31, 2014 and December 31, 2013)	0	[4]	0	[4]
Common stock (10,027,765,000 and 10,060,881,000 shares outstanding at March 31, 2014 and December 31, 2013, respectively)	702	[4]	702	[4]
Accumulated other comprehensive income (loss) - net(c)
Investment securities	764	[2],[4]	307	[2],[4]
Currency translation adjustments	177	[2],[4]	126	[2],[4]
Cash flow hedges	(189)	[2],[4]	(257)	[2],[4]
Benefit plans	(8,601)	[2],[4]	(9,296)	[2],[4]
Other capital	32,544	[4]	32,494	[4]
Retained earnings	149,840	[4]	149,051	[4]
Less common stock held in treasury	(43,401)	[4]	(42,561)	[4]
Total GE shareowners' equity	131,836	[4]	130,566	[4]
Noncontrolling interests(d)	793	[3],[4]	836	[3],[4]
Total equity	132,629	[4]	131,402	[4]
Total liabilities and equity	229,418	[4]	225,901	[4]
Subsidiaries GECC [Member]
Assets
Cash and equivalents	75,289		74,873
Investment securities	45,450		43,662
Current receivables	0		0
Inventories	62		68
Financing receivables - net	247,242		253,029
Other GECC receivables	15,643		16,513
Property, plant and equipment - net	50,489		51,607
Investment in GECC	0		0
Goodwill	26,336		26,195
Other intangible assets - net	1,275		1,136
All other assets	47,164		47,366
Assets of businesses held for sale	48		50
Assets of discontinued operations	1,449		2,330
Total assets(b)	510,447	[1]	516,829	[1]
Liabilities and equity
Short-term borrowings	75,102		77,298
Accounts payable, principally trade accounts	7,740		6,549
Progress collections and price adjustments accrued	0		0
Dividends payable	0		0
Other GE current liabilities	0		0
Non-recourse borrowings of consolidated securitization entities	28,724		30,124
Bank deposits	54,743		53,361
Long-term borrowings	206,654		210,279
Investment contracts, insurance liabilities and insurance annuity benefits	27,604		26,979
All other liabilities	18,773		20,531
Deferred income taxes	4,956		4,786
Liabilities of businesses held for sale	2		6
Liabilities of discontinued operations	1,122		3,790
Total liabilities(b)	425,420	[1]	433,703	[1]
GECC preferred stock (50,000 shares outstanding at both March 31, 2014 and December 31, 2013)	0		0
Common stock (10,027,765,000 and 10,060,881,000 shares outstanding at March 31, 2014 and December 31, 2013, respectively)	0		0
Accumulated other comprehensive income (loss) - net(c)
Investment securities	793	[2]	309	[2]
Currency translation adjustments	(773)	[2]	(687)	[2]
Cash flow hedges	(225)	[2]	(293)	[2]
Benefit plans	(381)	[2]	(363)	[2]
Other capital	32,563		32,563
Retained earnings	52,610		51,165
Less common stock held in treasury	0		0
Total GE shareowners' equity	84,587		82,694
Noncontrolling interests(d)	440	[3]	432	[3]
Total equity	85,027		83,126
Total liabilities and equity	$ 510,447		$ 516,829

[1] Our consolidated assets at March 31, 2014 include total assets of $46,492 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $40,749 million and investment securities of $3,797 million. Our consolidated liabilities at March 31, 2014 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $27,175 million. See Note 16.

[2] The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(7,849) million and $(9,120) million at March 31, 2014 and December 31, 2013, respectively.

[3] Included AOCI attributable to noncontrolling interests of $(180) million at both March 31, 2014 and December 31, 2013.

[4] Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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Financial Instruments (Counterparty credit risk) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014
Counterparty credit risk
Total Collateral	$ 4,399
Fair value of collateral posted to counterparties for derivative obligations	309
Exposure To Counterparties Including Interest Net Collateral Excluding Derivatives	962
Derivative Liability After Collateral And Outstanding Interest Payments Excluding Embedded Derivatives	783
Cash [Member]
Counterparty credit risk
Total Collateral	2,744
Securities Held By Third Parties [Member]
Counterparty credit risk
Securities Held as Collateral, at Fair Value	$ 1,655

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations

3 Months Ended

Mar. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Assets and Liabilities Of Business Held For Sale and Discontinued Operations

2.ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS

Assets and Liabilities of Businesses Held for Sale

In the first quarter of 2013, we committed to sell certain of our machining & fabrication businesses at Aviation and our Consumer auto and personal loan business in Portugal. We completed the sale of our machining & fabrication business on December 2, 2013 for proceeds of $108 million. We completed the sale of our Consumer auto and personal loan business in Portugal on July 15, 2013 for proceeds of $83 million.

NBCU

On March 19, 2013, we closed a transaction to sell our remaining 49% common equity interest in NBCUniversal LLC (NBCU LLC) to Comcast Corporation (Comcast) for total consideration of $16,722 million, consisting of $11,997 million in cash, $4,000 million in Comcast guaranteed debt and $725 million in preferred stock. The $4,000 million of debt and the $725 million of preferred shares were both issued by a wholly-owned subsidiary of Comcast. During the three months ended March 31, 2013, both of these instruments were sold at approximately par value. In addition, Comcast is obligated to share with us potential tax savings associated with Comcast's purchase of our NBCU LLC interest,if realized. We did not recognize these potential future payments as consideration for the sale, but are recording such payments in income as they are received. GECC also sold real estate comprising certain floors located at 30 Rockefeller Center, New York and the CNBC property located in Englewood Cliffs, New Jersey to affiliates of NBCU LLC for $1,430 million in cash.

As a result of the transactions, we recognized pre-tax gains of $1,096 million ($825million after tax) on the sale of our 49% common equity interest in NBCU LLC and $921million ($564million after tax) on the sale of GECC's real estate properties.

Discontinued Operations

Discontinued operations primarily comprised GE Money Japan (our Japanese personal loan business, Lake, and our Japanese mortgage and card businesses, excluding our investment in GE Nissen Credit Co., Ltd.), our U.S. mortgage business (WMC), our Commercial Lending and Leasing (CLL) trailer services business in Europe (CLL Trailer Services) and our Consumer banking business in Russia (Consumer Russia). Results of operations, financial position and cash flows for these businesses are separately reported as discontinued operations for all periods presented.

Financial Information for Discontinued Operations

	Three months ended March 31
(In millions)		2014		2013
Operations
Total revenues and other income (loss)	$	29	$	54
Earnings (loss) from discontinued operations
before income taxes	$	(14)	$	(142)
Benefit (provision) for income taxes		7		124
Earnings (loss) from discontinued operations,
net of taxes	$	(7)	$	(18)
Disposal
Gain (loss) on disposal before income taxes	$	18	$	(187)
Benefit (provision) for income taxes		1		85
Gain (loss) on disposal, net of taxes	$	19	$	(102)
Earnings (loss) from discontinued operations,
net of taxes(a)	$	12	$	(120)

(a)The sum of GE industrial earnings (loss) from discontinued operations, net of taxes, and GECC earnings (loss) from discontinued operations, net of taxes, is reported as GE earnings (loss) from discontinued operations, net of taxes, on theCondensed Statement of Earnings.

(In millions)	March 31, 2014		December 31, 2013
Assets
Cash and equivalents	$	133	$	232
Financing receivables – net		1		711
Other		1,324		1,396
Assets of discontinued operations	$	1,458	$	2,339
Liabilities
Deferred income taxes	$	258	$	248
Other		1,008		3,685
Liabilities of discontinued operations	$	1,266	$	3,933

Other assets at March 31, 2014 and December 31, 2013 primarily comprised a deferred tax asset for a loss carryforward, which expires principally in 2017 and in part in 2019, related to the sale of our GE Money Japan business.

GE Money Japan

During the third quarter of 2008, we completed the sale of GE Money Japan, which included our Japanese personal loan business. Under the terms of the sale, we reduced the proceeds from the sale for estimated refund claims in excess of the statutory interest rate. Proceeds from the sale were to be increased or decreased based on the actual claims experienced in accordance with loss-sharing terms specified in the sale agreement, with all claims in excess of 258 billion Japanese yen (approximately $3,000 million) remaining our responsibility. On February 26, 2014, we reached an agreement with the buyer to pay175 billion Japanese yen (approximately $1,700 million) to extinguish this obligation.Our reserve for refund claims decreased from $1,836 million at December 31, 2013 to $56 million at March 31, 2014, reflecting paymentin March 2014 of the amount required by the February 26, 2014 agreement. The $56 million liability reflects the final remaining amount payable under the February 26, 2014 agreement.

GE Money Japan earnings (loss) from discontinued operations, net of taxes, were $(1)million and $(51) million in the three months ended March 31, 2014 and 2013, respectively.

WMC

During the fourth quarter of 2007, we completed the sale of WMC, our U.S. mortgage business. WMC substantially discontinued all new loan originations by the second quarter of 2007, and is not a loan servicer. In connection with the sale, WMC retained certain representation and warranty obligations related to loans sold to third parties prior to the disposal of the business and contractual obligations to repurchase previously sold loans that had an early payment default. All claims received by WMC for early payment default have either been resolved or are no longer being pursued.

The remaining active claims have been brought by securitization trustees or administrators seeking recovery from WMC for alleged breaches of representations and warranties on mortgage loans that serve as collateral for residential mortgage-backed securities (RMBS).At March 31, 2014, such claims consisted of $4,466 million of individual claims generally submitted before the filing of a lawsuit (compared to $5,643million at December 31, 2013) and $6,989 million of additional claims asserted against WMC in litigation without making a prior claim (Litigation Claims) (compared to $6,780 at December 31, 2013). The total amount of these claims, $11,455 million, reflects the purchase price or unpaid principal balances of the loans at the time of purchase and does not give effect to pay downs or potential recoveries based upon the underlying collateral, which in many cases are substantial, nor to accrued interest or fees. Asof March 31, 2014, these amounts do not include approximately $700 million of repurchase claims relating to alleged breaches of representations that are not in litigation and that are beyond the applicable statute of limitations. WMC believes that repurchase claims brought based upon representations and warranties made more than six years before WMC was notified of the claim would be disallowed in legal proceedings under applicable statutes of limitations.

Reserves related to repurchase claims made against WMC were $550million at March 31, 2014, reflecting a net decrease to reserves in the quarter ended March 31, 2014 of $250million due to settlement activity. The reserve estimate takes into account recent settlement activity that reduced WMC's exposure on certain claims and is based upon WMC's evaluation ofthe remaining exposures as a percentage of estimated mortgage loan losses within the pool of loans supporting each securitization.  Recent settlements reduced WMC's exposure on claims asserted in certain securitizations and the claim amounts reported above give effect to these settlements.

Rollforward of the Reserve

	Three months ended March 31
(In millions)		2014		2013
Balance, beginning of period	$	800	$	633
Provision		-		107
Claim resolutions		(250)		-
Balance, end of period	$	550	$	740

Given the significant recent claim and related litigation activity and WMC's continuing efforts to resolve the lawsuits involving claims made against WMC, it is difficult to assess whether future losses will be consistent with WMC's past experience. Adverse changes to WMC's assumptions supporting the reserve may result in an increase to these reserves. Taking into account both recent settlement activity and the potential variability of settlements, WMC estimates a range of reasonably possible loss from $0 to approximately $500 million over its recorded reserve at March 31, 2014. This estimate excludes any possible loss associated with an adverse court decision on the applicable statute of limitations, as WMC is unable at this time to develop such a meaningful estimate.

At March 31, 2014, there were 14lawsuits involving claims made against WMC arising from alleged breaches of representations and warranties on mortgage loans included in13securitizations. The adverse parties in these cases are securitization trustees or parties claiming to act on their behalf. Although the alleged claims for relief vary from case to case, the complaints and counterclaims in these actions generally assert claims for breach of contract, indemnification, and/or declaratory judgment, and seek specific performance (repurchase of defective mortgage loan) and/or money damages. Adverse court decisions, including in cases not involving WMC, could result innew claims and lawsuits on additional loans. However, WMC continues to believe that it has defenses to the claims asserted in litigation, including, for example, based on causation and materiality requirements and applicable statutes of limitations. It is not possible to predict the outcome or impact of these defenses and other factors, any of which could materially affect the amount of any loss ultimately incurred by WMC on these claims.

WMC has also received indemnification demands, nearly all of which are unspecified, from depositors/underwriters/sponsors of RMBS in connection with lawsuits brought by RMBS investors concerning alleged misrepresentations in the securitization offering documents to which WMC is not a party. WMC believes that it has defenses to these demands.

To the extent WMC is required to repurchase loans, WMC's loss also would be affected by several factors, including pay downs, accrued interest and fees, and the value of the underlying collateral. The reserve and estimate of possible loss reflect judgment, based on currently available information, and a number of assumptions, including economic conditions, claim and settlement activity, pending and threatened litigation, court decisions regarding WMC's legal defenses, indemnification demands, government activity, and other variables in the mortgage industry. Actual losses arising from claims against WMC could exceed these amounts and additional claims and lawsuits could result if actual claim rates, governmental actions, litigation and indemnification activity, adverse court decisions, actual settlement rates or losses WMC incurs on repurchased loans differ from its assumptions.

WMC revenues and other income (loss) from discontinued operations were $4 million and $(107) million in the three months endedMarch 31, 2014and 2013, respectively. WMC earnings (loss) from discontinued operations, net of taxes, were $(2) million and $(71) million in the three months ended March 31, 2014 and 2013, respectively.

Other Financial Services

In the fourth quarter of 2013, we announced the planned disposition of Consumer Russia and classified the business as discontinued operations. At that time, we recorded a $170 million loss on the planned disposal. We completed the sale in the first quarter of 2014 for proceeds of $232 million. Consumer Russia revenues and other income (loss) from discontinued operations were $24 million and $67million in the three months ended March 31, 2014 and 2013, respectively. Consumer Russiaearnings (loss) from discontinued operations, net of taxes, were $1 million (including a $4 million gainon disposal) and $(11) million in the three months ended March 31, 2014 and 2013, respectively.

In the first quarter of 2013, we announced the planned disposition of CLL Trailer Services and classified the business as discontinued operations. We completed the sale in the fourth quarter of 2013 for proceeds of $528 million. CLL Trailer Services revenues and other income (loss) from discontinued operations were $1 million and $93million in the three months ended March 31, 2014 and 2013, respectively. CLL Trailer Services earnings (loss)from discontinued operations, net of taxes, were $13 million and $14 million in the three months ended March 31, 2014 and 2013, respectively.

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GECC Financing Receivables, Allowance For Losses On Financing Receivables and Supplemental Information On Credit Quality (Net Investment in Financing Leases) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables - net	$ 237,005	$ 241,940
Subsidiaries GECC [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	252,386	258,207
Less allowance for losses	(5,144)	(5,178)	(5,303)	(4,944)
Financing receivables - net	247,242	253,029
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	126,318	129,269
Less allowance for losses	(909)	(1,005)	(993)	(1,041)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	68,367	69,036
Less allowance for losses	(419)	(473)	(493)	(496)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | GE International [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	46,208	47,431
Less allowance for losses	(449)	(505)	(483)	(525)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	114,575	116,467
Less allowance for losses	(868)	(978)	(976)	(1,021)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	2,753	3,107
Less allowance for losses	(16)	(8)	(8)	(9)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	8,851	9,377
Less allowance for losses	(25)	(17)	(7)	(8)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Other Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	139	318
Less allowance for losses	0	(2)	(2)	(3)
Subsidiaries GECC [Member] | Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	20,236	19,899
Less allowance for losses	(175)	(192)	(265)	(320)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	105,832	109,039
Less allowance for losses	(4,060)	(3,981)	(4,045)	(3,583)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Non US residential mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	30,355	30,501
Less allowance for losses	(336)	(358)	(476)	(480)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	13,715	13,677
Less allowance for losses	(588)	(594)	(657)	(582)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | US installment and revolving credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	52,887	55,854
Less allowance for losses	(2,947)	(2,823)	(2,665)	(2,282)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Non US auto [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,957	2,054
Less allowance for losses	(61)	(56)	(66)	(67)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	6,918	6,953
Less allowance for losses	$ (128)	$ (150)	$ (181)	$ (172)

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Financial Instruments (Securities Repurchase and Reverse Repurchase Arrangements) (Details) (USD $)	3 Months Ended
	Mar. 31, 2014
Financial Instruments [Line Items]
Securities For Repurchase Agreements	$ 134,000,000
Reverse Repurchase Agreements Maturities	90
Securities for Reverse Repurchase Agreements	$ 19,900,000,000

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Income Taxes (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Line Items]
Unrecognized tax benefits	$ 5,911	$ 5,816
Portion that, if recognized, would reduce tax expense and effective tax rate	4,223	4,307
Accrued interest on unrecognized tax benefits	970	975
Accrued penalties on unrecognized tax benefits	169	164
Lower Limit [Member]
Income Tax Disclosure [Line Items]
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months lower limit	0	0
Portion that, if recognized, would reduce tax expense and effective tax rate	0	0
Upper Limit [Member]
Income Tax Disclosure [Line Items]
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months upper limit	1,150	900
Portion that, if recognized, would reduce tax expense and effective tax rate	$ 400	$ 350

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Summary of Operating Segments (Tables)

3 Months Ended

Mar. 31, 2014

Summary of Operating Segments [Abstract]

Summary of operating segments

		Three months ended March 31
(Dollars in millions)			2014			2013		V%
Revenues
Power & Water	$	5,509		$	4,825		14%
Oil & Gas		4,308			3,399		27%
Energy Management		1,672			1,748		(4%)
Aviation		5,778			5,074		14%
Healthcare		4,198			4,289		(2%)
Transportation		1,227			1,422		(14%)
Appliances & Lighting		1,857			1,917		(3%)
Total industrial segment revenues		24,549			22,674		8%
GE Capital		10,515			11,468		(8%)
Total segment revenues		35,064			34,142		3%
Corporate items and eliminations		(886)			801		U
Consolidated revenues and other income	$	34,178		$	34,943		(2%)
Segment profit
Power & Water	$	888		$	719		24%
Oil & Gas		446			325		37%
Energy Management		5			15		(67%)
Aviation		1,115			936		19%
Healthcare		570			595		(4%)
Transportation		202			267		(24%)
Appliances & Lighting		53			79		(33%)
Total industrial segment profit		3,279			2,936		12%
GE Capital		1,933			1,938		-%
Total segment profit		5,212			4,874		7%
Corporate items and eliminations		(1,542)			(479)		U
GE interest and other financial charges		(365)			(324)		(13%)
GE provision for income taxes		(318)			(424)		25%
Earnings from continuing operations
attributable to the Company		2,987			3,647		(18%)
Earnings (loss) from discontinued operations,
net of taxes, attributable to the Company		12			(120)		F
Consolidated net earnings attributable to
the Company	$	2,999		$	3,527		(15%)

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GECC Revenues from Services (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Subsidiary Revenue From Services [Line Items]
Total	$ 10,132	$ 11,141
Consolidation, Eliminations [Member]
Subsidiary Revenue From Services [Line Items]
Total	(356)	(301)
Subsidiaries GECC [Member]
Subsidiary Revenue From Services [Line Items]
Interest On Loans	4,256	4,490
Equipment leased to others	2,661	2,529
Fees	1,114	1,130
Investment Income	556	414
Financing leases	389	436
Premiums earned by insurance activities	352	395
Real estate investments	343	1,300
Associated companies	373	173
Other items	444	575
Total	10,488	11,442
Net other-than-temporary impairments on investment securities	34	278
Subsidiaries GECC [Member] | Sale Of Rockefeller Center [Member]
Subsidiary Revenue From Services [Line Items]
Gain on Sale of Investments	902
Gross Eliminations [Member]
Subsidiary Revenue From Services [Line Items]
Total	$ 10,488	$ 11,442

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GECC Revenues from Services (Tables)

3 Months Ended

Mar. 31, 2014

Financial Services Revenue [Abstract]

GECC Revenues from services

	Three months ended March 31
(In millions)	2014		2013
Interest on loans	$	4,256	$	4,490
Equipment leased to others		2,661		2,529
Fees		1,114		1,130
Investment income(a)		556		414
Financing leases		389		436
Associated companies		373		173
Premiums earned by insurance activities		352		395
Real estate investments(b)		343		1,300
Other items		444		575
		10,488		11,442
Eliminations		(356)		(301)
Total	$	10,132	$	11,141

• Included net other-than-temporary impairments on investment securities of$34million and $278million in the three months ended March 31, 2014 and 2013, respectively.
• During the three months ended March 31, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.

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GECC Revenues From Services

3 Months Ended

Mar. 31, 2014

Financial Services Revenue [Abstract]

GECC Revenues From Services

12. GECCREVENUES FROM SERVICES

	Three months ended March 31
(In millions)	2014		2013
Interest on loans	$	4,256	$	4,490
Equipment leased to others		2,661		2,529
Fees		1,114		1,130
Investment income(a)		556		414
Financing leases		389		436
Associated companies		373		173
Premiums earned by insurance activities		352		395
Real estate investments(b)		343		1,300
Other items		444		575
		10,488		11,442
Eliminations		(356)		(301)
Total	$	10,132	$	11,141

• Included net other-than-temporary impairments on investment securities of$34million and $278million in the three months ended March 31, 2014 and 2013, respectively.
• During the three months ended March 31, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.