Shareowners' Equity (Tables)

3 Months Ended

Mar. 31, 2013

Accumulated Other Comprehensive Income (Loss)
	Three months ended March 31,
(In millions)		2013		2012

Investment securities
Balance at January 1	$	673	$	(33)
Other comprehensive income (OCI) before reclassifications – net of
deferred taxes of $(34) and $176		(56)		306
Reclassifications from OCI – net of deferred taxes of $94 and $6		122		26
Other comprehensive income(a)		66		332
Less: OCI attributable to noncontrolling interests		1		1
Balance at March 31	$	738	$	298

Currency translation adjustments (CTA)
Balance at January 1	$	(131)	$	(399)
OCI before reclassifications – net of deferred taxes of $(191) and $(45)		(9)		137
Reclassifications from OCI – net of deferred taxes of $(33) and $(5)		17		(3)
Other comprehensive income(a)		8		134
Less: OCI attributable to noncontrolling interests		(4)		9
Balance at March 31	$	(119)	$	(274)

Cash flow hedges
Balance at January 1	$	(746)	$	(1,101)
OCI before reclassifications – net of deferred taxes of $56 and $27		(97)		514
Reclassifications from OCI – net of deferred taxes of $(42) and $(35)		189		(442)
Other comprehensive income(a)		92		72
Less: OCI attributable to noncontrolling interests		0		0
Balance at March 31	$	(654)	$	(1,029)

Benefit plans
Balance at January 1	$	(736)	$	(563)
Net actuarial gain (loss) – net of deferred taxes of $18 and $(13)		2		(31)
Net actuarial gain (loss) amortization – net of deferred taxes of $3 and $3		11		7
Other comprehensive income(a)		13		(24)
Less: OCI attributable to noncontrolling interests		0		0
Balance at March 31	$	(723)	$	(587)

Accumulated other comprehensive income (loss) at March 31	$	(758)	$	(1,592)

Total other comprehensive income was $179 million and $514 million for the three months ended March 31, 2013 and 2012, respectively.

Reclassification out of AOCI

Components of AOCI	Three months ended March 31,				Statement of Earnings Caption
	2013		2012
Available-for-sale securities
Realized gains (losses) on sale/impairment of securities	$	(216)	$	(32)	GECC revenues from services
		94		6	Tax (expense) or benefit
	$	(122)	$	(26)	Net of tax

Currency translation adjustments	$	16	$	8	Costs and expenses
Gains (losses) on dispositions		(33)		(5)	Tax (expense) or benefit
	$	(17)	$	3	Net of tax

Cash flow hedges
Gains (losses) on interest rate derivatives	$	(102)	$	(140)	Interest
Foreign exchange contracts		(45)		617	(a)
		(147)		477	Total before tax
		(42)		(35)	Tax (expense) or benefit
	$	(189)	$	442	Net of tax

Benefit plan items
Amortization of actuarial gains (losses)	$	(14)	$	(10)	Total before tax(b)
		3		3	Tax (expense) or benefit
	$	(11)	$	(7)	Net of tax

Total reclassification adjustments	$	(339)	$	412	Net of tax

Includes $(33) million and $648 million in revenue from services and $(12) million and $(31) million in interest for the three months ended March 31, 2013 and 2012, respectively.
Amortization of actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs.