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