Ge 20100802 10Q 20100630

{\rtf1\deflang1033\deflangfe1033\margl720\margr720\margt360\margb360{\stylesheet
{\fs20\lang1033\snext0 Normal;}
{\s1\sb240\keepn{\*\pn \pnlvl1\pndec\pnprev1\pnstart1\pnsp144}\b\f0\fs30\lang103
3 \sbasedon0\snext0 heading 1;}
{\s2\sb200\keepn{\*\pn \pnlvl2\pndec\pnprev1\pnstart1\pnsp144{\pntxtb.}}\b\f0\fs
26\lang1033 \sbasedon0\snext0 heading 2;}
{\s3\sb180\keepn{\*\pn \pnlvl3\pndec\pnprev1\pnstart1\pnsp144{\pntxtb.}}\b\f0\fs
22\lang1033 \sbasedon0\snext0 heading 3;}
{\s4\sb160\keepn{\*\pn \pnlvl4\pnucltr\pnprev1\pnstart1\pnsp144{\pntxtb.}}\b\f0\
fs22\lang1033 \sbasedon0\snext0 heading 4;}
{\s5\sb140\keepn{\*\pn \pnlvl5\pncltr\pnprev1\pnstart1\pnsp144}\b\f0\fs20\lang10
33 \sbasedon0\snext0 heading 5;}
{\s6\tqc\lang1033\sbasedon0\snext6 footer;}
{\*\cs16 \additive\super\sbasedon10 footnote reference;}
{\*\cs18 \additive\sbasedon10 page number;}}
{\fonttbl{\f0\fnil Times New Roman;}{\f1\fnil Courier New}{\f2005\fnil Courier N
ew;}{\f2010\fnil Wingdings;}{\f2020\fnil Webdings;}{\f2\fnil Arial;}{\f3\fnil Ar
ial;}{\f4\fnil LucidaHandwriting;}{\f5\fnil Symbol;}{\f6\fnil Symbol;}{\f7\fnil
Ferdsch;}{\f30\fnil Myriad Cn Semibold;}{\f31\fnil Myriad Roman;}{\f50\fnil Cour
ier New;}{\f51\fnil Times New Roman;}{\f52\fnil Arial;}{\f53\fnil Symbol;}{\f54\
fnil Wingdings;}{\f55\fnil Wingdings 2;}{\f56\fnil Wingdings 3;}{\f57\fnil Webdi
ngs;}{\f58\fnil Arial Narrow;}{\f59\fnil Arial Unicode MS;}{\f60\fnil Cyberbit;}
{\f61\fnil Morningstar 1U Light;}{\f62\fnil Calibri;}}
{\colortbl;\red0\green0\blue0;\red127\green0\blue0;\red0\green0\blue255;\red127\
green127\blue127;\red0\green51\blue153;\red4\green68\blue119;\red240\green113\bl
ue0;\red255\green255\blue255;\red150\green220\blue255;\red6\green104\blue165;\re
d153\green153\blue153;\red204\green238\blue255;\red6\green75\blue122;\red250\gre
en245\blue234;}
{\trowd \trbrdrt\brdrs\brdrw5\brdrcf5 \trbrdrl\brdrs\brdrw5\brdrcf5 \trbrdrr\brd
rs\brdrw5\brdrcf5 \trrh4500 \clbrdrl\brdrs\brdrw5\brdrcf5 \clbrdrr\brdrs\brdrw5\
brdrcf5 \clbrdrt\brdrs\brdrw5\brdrcf5 \cellx10700
\pard\intbl\plain \cell\row}
{\trowd \trbrdrl\brdrs\brdrw5\brdrcf5 \trbrdrr\brdrs\brdrw5\brdrcf5 \trrh1500 \c
lbrdrl\brdrs\brdrw5\brdrcf5 \clbrdrr\brdrs\brdrw5\brdrcf5 \clvertalb\cellx10700
\pard\intbl\plain\ql \li400 {\*\shppict{\pict\jpegblip\picw320\pich35\picscalex1
00\picscaley100\bliptag-550752398
{\*\blipuid df2c2f72f0df5f0e8d3b01e121f00de0}ffd8ffe000104a464946000101010048004
80000ffe100164578696600004d4d002a00000008000000000000ffdb00430001010101010101010
1010101010101
01010101010101010101010101010101010101010101010101010101010101010101010101010101
010101010101010101ffdb00430101010101010101010101
01010101010101010101010101010101010101010101010101010101010101010101010101010101
0101010101010101010101010101ffc00011080023014003
012200021101031101ffc4001c00010100020301010000000000000000000009080a0506070403ff
c40037100001040300020103020306040700000005030406
070102080009131415160a1211173822233978b7b81821243a3177797a89b5b9ffc4001401010000
0000000000000000000000000000ffc40014110100000000
000000000000000000000000ffda000c03010002110311003f00dfe3ce2fef817eeff8ff00de05fd
fbe8fee3f64fb834fbbfdbfe4f8bebbedbf37d6fd1fcbfdd
fd4fc3f07c9fd8fdff00bbfe5e729e6a11df0e1c51fef20f7b0062bacd18f16d4beb85bdc8e3e5df
765a72c752dabd75cdf7a3e7a393db4ddf6b0b7734af2d5c
2b8ca9a8d4aba72f954708a4a3a681b79acb24dd25575d54d04104f7596596df54d24524f5ceea2a
aa9be75d134d3d35cefbefbed8d74d719db6ce318ce7cf8c
5161471820542131e6063af97e9888a7ad883073f02ca365be078d1459badf0b8455415f8d4dbe35
92512dff0086fa6dae26d7b6d9b4807f1f93a260855f05b4
7b86caad7862b928334d32fc2bae933d889d932f68ae535d468b57144236d59babe6ed9caec7f0cf
abd344b08ece9bcf3f563d1d54f04fa64e6551dc36712fc1
ceb4eafe68e7fa5ead602ccd836659129f603d5216bdada21896486311a6ce30180932e5a4132964
7e3b1f8bc70ec84f1b6acc72ca6c1b20f8f27c547ec0064c
6e0b1f9d6e6e7cba398efbafe9373d1e3ebcb21ed51306b65d2038ca3173d37ade734f59161428a2
91497bb171795c6ce998e4843113f1c75f6f7220ba4493c6
e857bb1a3675c7566f7e8be6febd19c9959d2236e6cd9727afeb88dba9f2eb936626415cd6b1d2b6
db7772795429fbb51848e45bb91d56bb2638a8f88d832950
739df40b31e7c2c498d29877b0c22c48e183e7431f658bb6eef0cc932df09bc1cef2dd4530ddf34d
f38d1d345bf638437ce35553d339fe1e4e0807b2c8e49ba0
69da3ec1e66e95a1417503595b8e4dbaada0f5835af2fa730a882b601807a8688d9f2cb3a9d95188
2b525328544af5815732591800c65076281ca58fe2eaf8c3
2efbe12e3ca1bafafb8953369416bb807b219bd17d08ce0f050c724f36ea8b26ceafe21615c81a34
367449fc9e332093cec19a22e597d2ce8931604b50d5bbb3
3a8d0a4c2ca78f27a52bec0da58bd22db95edce63e87e4fb56615bc9ae2a51bde9a538401ddd5b42
cd0107317d123d4cdb76b8e093487ad298c1195d67345e3b
340c124234a6e3574b427a0dc4a98fbd1a6a0f47585d8053947b14970bc37695b38df5f47a2d4c10
afed029172efe32d330e82bdbb85dc83a233d98b2d2175ad
9b38af2275c49a4a443b6792708c0b8d24e82e078f2707427b1446a3b9e7341541ca5d27d8164d39
55c56edbe585018a4980da7eba9bb999210f48c91b9ee4aa
7329b2264840654521b56c09b49a527840776f7e2658507a6ff08bb5bdb34ee382fd5ed85c8148f4
55b94bf64deb431f776357f12a156136a55163d557d4cf7e
6f8c33b7ae084cb62b7f3f73028acc0a60c46e290f170e1e684ff35d9ca1c2b1c502fe78f27459be
c00f4565906a9aaee2aeabbe2fe9351f11e819b53111fe41
43df51308993c7c20587b8ecdb3ef18752ac6c4da421a471e46095fd8d619724f2306ca8acbd8a24
ca44fbcf0f7b86e5e8a71fc37b364b12be05c18ff4587e52
9956fa576c08ddd4e5e4e6d07d50ca617655783a50e56d8857b3218f91943181119c9a243d36cea0
82264a9218d5e055af3f170e1bb36ebbb76ba2d5ab545570
e5cb857441bb76e869b2ab2ebacaedaa68a28a7aeca2aaa9b6ba27a6bb6fbed8d719ce23bdcbcf36
9f7feb4e5f3b5652ca4b31831a6ad28fe9d916617200ac62
13093e51909a094dbbb3747c2ee000606123d0f693caf6523d287c0b42f206a499be10272bfb743b
f8f7adcebb8f943e42544c1f105fa1c8ca0b688a65648fc6
50d2c64f0f934dbe356fa1030e10508bdd10d7547572e14d52c634c6b8f032dc24e2172576a308e4
be2f207c937dddaacc21f1255da4d1351247772a3760ed75
b46fa2cba096eb6da613d54592d33b636534c6dda3cd76eb5f52fc07697ab2a22611de58a369bbfd
6e1eaaac487f4b5235c45e99bee1973668401220d6b8eb6a
b2151a9c3a950f987c1257ab952e4da9f7987494819166841fb6759314cfb3b4f1c67eb0e626eb8b
2ba17ab3bd682afe4b0ea72a36b07107e592e8fd31189ddf
9382676c89857d5ec22b9823d259706640764ecf3bae7a341808b2c5cdb01db858cf1e4e8ae7d95d
3c6a21d7e66ef84d91cb133e0e8fb49a750d676fa1112e7a
155e9c869e9f42ac68d9faa25761c2ac287cf6351693662abc4a46fcdb93f1d35177c0981d689337
3c5f3dfb241771dbd5853766f2d749f27c87a16b793db7cc
afafc6f4e2c3ef0854319470c4adab14ea1b76d3235e5811d8ecb01498b56f693287c9d006e5dae9
b75dd8a28c99852bf1e4e14bda0504b7ae48e7b3cd621706
28493c3e17366111d8042f16f222a756085ad8437780316066189906c74eb476452467ee1b222537
2bb676f1e689305b8eb7bd958683742db5ca75272bf4ff00
50df54a41e0168cee234e8ea64588675bcf999278ce48ce5f6cdc95b817241aec31614ce14a2ede7
12e36afd341e3f23182a50623c14bfc791a61feec6839fc5
69cbca254574dbee31b8a795f544d7b4c9442051ba7a196f5932361050f0c98c3e45640dbddb8703
67bf4aa39bda21aa63354c6acfc2b1bfcc8836664cb0fc81
b87d81bc895d961f3f73f725f44f655894805869ebfb4a449509138ed3c9d8219793c36305e417fd
d34eb695d8d228926da5cc20b004a5045bc6ca067e65c08d
cc896ef828af8f25a4abdbaf3280a478eef70510be2c88ef70d984297a5e2b5f578348d86d2dd180
e7eedfd773b8a9b9647d48bc807cbeb691d5a695d5e110d1
99d2585a5258241989d9a87e72b5f642a4e5f74356e7b8dbaae05d47ce317af6c03fc94533cee6ed
8b1ab5b4cc14090cb069c9780bf9ed09388da84004987c89
65ae10ae6306230642936fa90d832460297f9d74ecbe2717ddb2725944763bbbcd55dda6874d8d13
bbad11ce9aadb36d5fb96f95f54b2a2785764b1b613ca9a6
36ce33b6bfc64efa5aedfbd7b779161b3ebfa9db9a3135db59a107b744d80d291dac2d8ca970d961
188aac06d6565c9a4886d5f0304262f22d6630183e9bbd65
aae31eca70ab82eb635fb1701c6f23f6e7c103fb982f331ea5b5e2aedc70d58f580eab0a55f89ba7
66f2b6a0976edadf45789e25498f50dea2554f4fbbe8cd42
b867b611d9de321b050d2634cb16e4c39162546bbd76dda901aedbbe62e74d14dd2df66eedaa8aa0
b6baaa9ee9edb26a6d8d54d37d339c6dae718fbbcd7c7843
1cb554fb01efa9df12695640fd72c5f9339f8edae72924840ae5063d5f1398dfe4aca335aef0dd71
53a6623343b3812772ab5ceba263483700da6096a6d24b5d
727e21eda401a568f9ccdb8f7abe9ee59e9a9a57502a1facec56b45255ecacddc4eda8da788cbabb
8bddb25be2a589dac55e8e1f099259556c790dd63d16c49d
b45f73c9a6d82b7f8f25b742fb45034b597d015e40f94fa77a65a7214562b35eb49c526de916f19a
4414be10a59a307e58da97456f2fb326c8d6fab79dbf85d5
d189593651d281555d5d5f9762c15ef5697b1683022547c2f9e29fb73b26dbe88a5f4e90adab2a45
4ace2ee91e7ddf31ad51b827932be6c3a8609028995712b0
e1e32d4d487f299448dc281c3475ce479b7424287f8f27444bd995226b9a6fae8c97c1ee7ac9ef2e
cf085477e50b258630905ef07b89aed104c3d6c3e315d482
691f9b949e2960c154ae0e42e546a252f612f0845b1e6cdb623b0ef969df620e265d0f04e64be791
ba4b8eec9b9a1339b0283deef7942ca2376f86adb50ef270
005c8282baae26516b1a3208eb1931781ccb60845103a3c78ddcbaddb61154290f8f25d7327b5ba7
3ab074ea7305a6fa261d4454ac6f9cdbdd136bc3e210da9a
bf90f3f4c0ac625514dc9369f1d35312440403253d665604164d161114fa3632b3f1f9dec4e1627e
3a07da9446eab0b9fa2d2ae60e99e7b82f628934638eae3b
987d408c2efd480c21ed98a8ed02d7f6e4f2c0aa0f48eb71cfe7b030970c4212f65d1a1c47e9f466
79ba209c854562447934777035f3320dd370e5a6ebb17283
b47476c97ddb3c6dbaadf7534d5c3472928ddca39db0a20ba7ba4aeba29a6dae3f35cb0a6cebe85c
931eddefc6d16fa35deb649d7c4fdeea358abf4ea29aabf1
bd23be83da6ffb3f6b87bb6ad51ceebed84f3abafaff00f628c792391fa3a4a6795fa7ed5a4291ef
3f61a57a4aff00abc0d66ac168f0affb02d5923b2ee63536
b3e1b6ada83e25113836673f7f4a57f610b8846d57387a417918b2f1b1f596d7e068af47da45af86
36fecca3365a352c9dba00411328e9cb3853fadcf857f1e9
13b9eef1810897610866487c8a37030f326c7148e16772d340630de2a40297a2e1bb8cadaa0ba2be
5b2db37718455d14ca0e35d34536416c69b6d9496d74513d
f64b7fdbbe34534db3ae31beb9cfede782503492f498cb0117d2cfcc8d597622b69ca0bea156028a
d3337078347e6af198d58ec832cc7c865b16332f1c2507ba
b38cb091b788b0d17631f6e41f7bdf80f20d4928f8874c7b46f6b1cf13f475561777faaee47aae49
b65b26e95682a7535ecf8e3924cd25764f18242b04304c5a
fa2a82ed48b46ae9b386ee114964ef2f9d3d957b001b393d670e83c3d8595298f8189c9ec265190a
d673238ac55d987f178c9e9620c933e623f1b7f213ef4086
2041c0e0eece18723db37589bddd70d70bd6b5cd2eef8e81e378ddaba7d64f7d4673659518ea849c
385ddbc69ec0a47329af170ad0ee8e924f289c6d52513d03
67ecdb7d72e51137e4289edaa5870d36f3c079e4d0287faf7f4c3614c7462de0503f7a3d40f66722
32e998f8f439bccef4f6af53c3a49202c45449809629da16
240c4b37aed6474c9d2e21a24a6ae5d219f36a78554353d6c6e7d26aeaafaee0324b5a49f995a320
8542a35153764cbfe0fa5fcaa7c5410c60fe6324fa6ffa7f
be489c1127f07f73f55f1ff67ce137e7aa095a9cbd0aa51f4fa946483f23fbf52fbd690bdea737f9
84948cce5bf77aeb60b98792fca66060b4ae47f5a1d6fbdc
94a113a4fea8a3d72e95092bd35bb296fb86ac1947766a449539ea7bb64e59dbb5d915548b8eb56d
2a083566c8d2c8e54dd93e943b87cddec7c6bffa755f0e02
7c90fd164193ddf4c09b234d34fd1f83b5d35d74c67d61555be71aeb8d719dd40f0f514db38c6318
fddbefb6dbefb7fe3b6fb6db6d9ce739cf9b1b50dc89cb1c
b7139041b9c39d295a3a232e5b2e25e06afada250c633071f0ba6da2f2ed418a66a4a56419bd743d
b2a7d421bb51ab6c35b6c930c6adf5ee2e685a31ed3faf3c
bca62a77740e9176908d28e735d4417a7f485b0d11498c435acd50fbc2f58bb24db374da00c04c09
6da208e88b4d354b4c6a1363d92ff577e967fcff00ce7fd9
4750f9206c0fe913babff73ed6bfef5f927cdb364b5ec02665e15209841e1f2b3f5b481796574724
b190a74bc0654e82148d399342891464e9ec5a40e23870d4
7d732097604560860a0a51cecc083b416e9ee39ea827620ec7ddd1d4fba0129b41b5df2606e2b485
ac2245743236224acede3a3540bb322f683491c7c0c81b4f
c820e25681b0820aa45b47e359ae884b9ee210f8ff00b5ef56a085a89a44cd72bfb6e10395595dd0
4937c4a1bc7ccda28aac9ebba88a7a38593db7574d37dd3d
719df5d76db18c6626dc7d85cd319fd284e2962b6d41c7ddd1de508df2848a8cde440b4b900dfb01
920a824fe086eb1c10c4bc59489bf8f1f94c8767c251fa38
20e713953f70055bbd5f7282b5ec04f4ca21631c83c3ccd855f0f950980cecac642919942054e930
a94dc644250f192c6e343e6294723c9ca99057cc9b485302
1742e9bcd45b1c21af35cdc29de1d2b4edb7c9b72732f122b38bc3e4ad6ddf6911995c7229624fe8
a52c21e6df1c5a8e89f3e899937b80bd6cc5189ab0cdaca6
d5bb299614902734541a280d70191fd175c07b4fb27a2ecbe2be9b39c93ec179768fa61b5e0a5851
81f21e57bfa919223624fea41978c18f391fb9f8bc7df30b
14125765767e1d3aabf2f24a27268c356cd83b6c70bd3a5c774a72dfe9e5ead390a1f468cb7bd897
29d945e1ef576a3639095e65c9bd6c9e1b0f22e3460db317
266c9b6fc389ba498ac6859802b6ed507e4b0d316daf0e35e49e98351f92744733511784862acf61
91f3b6ad55099d981815577b10711d40949029179b45de10
db045fc5d65958fbf209a0f9e8d5ddb66eb27dfec6a2e92b86bdc5496dd3955da554e13168e2b1b1
abd894debdc24134d530a9621726104e3784c427a6898bd3
037f68fd34d75698475d718c04afb26d3b57a57d885d5ca0cbafe5dc854473bf27513d0adf34d214
cb1b43a277ba24970b092cf74b3edb85d9ece3d48d3e2eb7
0814a6b058c812ce6552dd49179db716dc78c7115692791735c0f4f14874f8d5bb073bfaa8ab92f0
fb5252fd0347ed5869af636148c62c73a59b8b0ad0d129f0
076c254fcab60c299955cba8f9b0d64ddc26d93da5ecee04e1dba455500adae41e6cb1015141c3c6
e99072ea5abd3416af8ac7db3266121f0612f23ea0f8dc2c
6331a399b4870c6cde309341ec5b604fc0d1ba69fab25cf14022158c6d1a329d4a3a32ce19760d00
95650a4c28fb9429a6d240d6db115a84c316967099132667
c64f5ba09ca981a68d8a352a93e4125f40f61f3103d84ff40bdc3fe503a5bfd189af997fe70f218f
009700391495830f278b49c3938f496352118c8d00908034
c971a6419c0c4907238b072c39cb9604c63f6ce193f64e176ae905505544f608f70eebfe7de73f4e
348ce27f6bd7a39c86f5f5520f0514525c177954d270af3c
c6c7472bb8946dabb707e473694c8d7611b07190835f9a206083664d98a8ba98d3cc57a26b257922
dffd38957dbc3f58f1a887afaea7e6f24464ee990f6c07a3
a4553711ca73026ae9ea6c75da4c751abadd151704969f79223c2146fa6af1668ef656c3d65ebe38
229595309d537c41c8552cdc52c9381731acb9aa9981ca86
b8436cee82ec24316858a2ecd6477ce774956ef13dd3db39db4db19cff001f3d96e9a1e93e908110
ab7a06a4adeecae0a386cf5f41ed385c7a771754832c2bf6
f2ba06928f22c5b9819b2ca2c28c36451262dc6df523ddb6718d54c06aedecea3a5ad8947ea372f5
7b6fbf37827ab8e4eada62fc26d8575d275127bd2972cd22
db38618570ece476a62010a4885efbfd78e1e6c1367ed936e4d9e54d889c75373099b8b9220039f0
79bd87d235bd916d73a1c8f021d264585611789458c4ae6d
891b7cace2191791869646420e2c8e51612720f9b01d56555d70963d7e9ce7ca239e6bb46a4a1e9a
abe9babd051eaf8afeb382c6a151059d934126e5483d031e
1ac071028612412c1928f9bb822636d30a1374e95ce77cf40a1f89b8f3972472f97f3772f50943ca
67c9eade6320a92a985400b481968efee1a0c7efa32186af
b874dfff0007c9864f74c526f31aba4d9eabebaa980d5c1fd89048cfe927a76327a5f1d17235e134
953880074599ea65c5a916eb788b693d7e80cd55d9eaf2a8
ee401c727042486ee848e104cabfd1018c9cbb4ed872aff8c97b79ff002ffeac3ffa3eccf32e56f5
e3c12e67962da0f38bb96885856e6dba9684bc950f591237
3e59732ce46edc4a9e3f8d38d8d3a23221c3e4255d3dc2ae4b1e1ec4c9255d1266d9ca592a2abd80
81994bec607078786b0ac11f15133e9d8a8c851d329b8a82
a6692840c97ca19b244dc947c39291c8538ab234f9eb68f2678d6821367a947d85c353363ff6b754
5fe6039d3ffd9baefcca6a26aaba66bec7fdc744a21ec36e
3e379007e83a5edd7f57c26bae459a3795d5928e48a3c2c72e9d89744d136cc8ff001ffab8899843
a751b3aca2609e44f6124d80f9026ff556fbebcf5416b56b
3a375a3e9fd6941e40716614f6b5a42f156b12a1e66dac7104d9d7d80b889b6202ec366d27839ea2
23472c666d5b4a1b2891c4127daf9af4070c718f569b8e49
ba639579fafa91c451d5a46e416d54b089d9b103b0e3777b076a564415fbff00b0aaed4ddd3800a3
85033971b65670c55533fbbc0d7b2a311510f8cfa312b455
8d6f5c159cd7db0f6a4f84dad760284c625f649c96d65dde56793c1a02bc1c12263a0b2fb0159448
6bfdc4808fb5290f2420db60cc99936daed4fa39fe3e772f
fe903cd1fef3facbca6ca53750ac8d62d95aaeb755bd26f10234ca0a41e31ba351906b1b210d6afa
b14b6179d204f1b440b148a20e62ba895d18d92200d3df51
6f1cb553984ebd80a33e7b6ba30787a56911878caf485929c642a73e7f010a68b490341decc75658
913a8789911f3a786465722a056068d1628d5924f88bc5d6
0937e828f827feacb9b01b13425e9b8e3abd18c843b422cdc9504f75e95b934d99991e8adbbb16eb
5df4df4d9bbe450571b69b6b9d319d738c711d33028358be
eb783a3f60c32273b03a70677611d024ca3a1e4e23420dad6e4749bbed469b66f99eaf104dc384d1
738470b25a2eb69a6faeaaef8daa1d73cdfcf14ecc27f615
4742d2f564fad778891b4a715cd5d07844c2ca20dddbe7e83e9fc96320861a993c41f1426f117322
7a45649d917ce34df559db8dd4ef0f6bd80129c81b388c1e
1efeca8b47cf44e31613d8c8575398e45654ec3bf944640cb1764a1f0f1f923f8f007a7830f20dc7
18760c3b920d9c2c3196e806b51d5f4b30ab7a37dd9509cc
75cb58602e89f426f6e156b2ad047d80049ba3dc3ded1a5d848a3114098631e1f3292c68743829a7
2247372071fb312408aeabd5775dc751355b049bfae7e299
9ddfed9babeece75bfe49c0d1aabe8aabe9fe0cd48d8f6b296953f24a9ab28b9b8af3b42ecb4d4af
ac78b0829374b3628d95028f40e528ca5d3d7cc8a0a7db45
eb05846b3756ccd61d15d6c75e2a84156b0358f08c4dd684352ee0fb6872b2bc33c1e522adcf3c76
6d08f6eff22112ee9c124d9eaf17556db1a203ebdf84aaab
79ddff0059f1cf33406ec78e9e3fded2885275dc7a6cdc8124146e5490d3e2e3ed9f082461159c6a
6888a559bd33974ef726bbb51db9d950973d3a287b6babd8
4760707f453ee7feade498ac35b770d357545d948394ba7e3f05a319db359a968c68c3a1f258aacf
ea425a43a2dd05574a22cec78e1c5011717296a09ca28e3d
b02965751fb4ce6fb1ebee90b6bd742dd51e8ff9a6c5ae23114847394b8a4a4a0ebbacfb0ec3a45b
31e84a82ce8d6f26a823d6dc0481d1d09060e43b0c57520b
6aa8118e93617badfe28e3ce829a09b1af5e5ae7eb8a7a118b1143a6366545049ac8d3102dfec584
86705a420883c7e14418db26848720aba182cde3430c1ab7
27a68eb5e7affe51e65eac8c0b85f4bd014fdf11702f32463e1ad6afa31386b1d21be1be8b3e8e64
f8d7ab47de3945aa0d5db90eab25de32d3e85d6eb33df743
60d7d8bdd7ff0005f417b5fe81a07a96cee85bf9df66f26f3d5f3d73d1d5c522c29caeed22ec39ab
9d6453a8e462920553410e85e71a9277156f3945cc5c0b05
2c588a0c246a181a99e2ae3b7cc2be69547ba2f52d0a91f6fdf1d676d3881f7049e5a06e1394e2cd
a1608ad029ea0a5a1a174954556c6a08de78fd336d4524f5
bb8dcd898b612139788c788bdcdf38c739f3ec2a9e539e62146d4319a1170a5238e694075c43c655
0f001cc2d83819f57cd03a5147c34e65cb9d8d337629640b
28e5ca847472a2eb6dbf9f525c37c65cdba86fe4172a73e53ee23a60b484112afea383468c883c74
33b8d99323ce0d088186a509c6dfbd8e3d7e93ed5cb88fba
7011457616aeed32113793e2f2098fe9b5eb3884359387b2e97d51eea23b1a66c30a6af88494e748
76f8706ddb65beb95f678e1faec9b37d92c6cb637f8b54f1
9ceba63ca37cf5d4dcc29d1feaa22cf1f079bcafa7eac84b5e68d81021f2c70dc941f9b179acd656
8afa7caea1c2e330d0e681c86428e88e449228da2a4b66ce
4afd36d43a075ec06ac8cb5855630787d730d62424059944a07190b108cb32b2c9095974a89b5031
f643c5372125959d3727903d49a68e4cc84c153445472488
3b72b785541c3bc6bcfd644b6e1a3395f9fa9fb4e748ba6d2db02b6a920f0c961b6cfddea409b572
6c00460f936a6096891236d9b2a8206c920dc8964de3d6e8
2e98426aabfedf7f701ffcf37fa9bd65e5ff00e4ff00e9679abff2029bff004ea39e76f694852ec2
be9854ac6a1abd955561fe7bf9fd64d201146f5f4e3f9a8e
8b3db3ff003086222748e49bf98ef4f9d773dfbd0d7bf983a3459c487ee2a9279bade802448a0028
602043078508147b2121c38964d870a12287364d98f18307
b34d168c07b0688a2d59326a8a4d9ab64934104d3493d75c0721e3c78f01e3c78f01e3c78f01e3c7
8f01e3c78f01e3c78f01e3c78f01e3c78f01e3c78f01e3c7
8f01e3c78f01e3c78f01e3c78f01e3c78f01e3c78f01e3c78f01e3c78f01e3c78f01e3c78f01e3c7
8f01e3c78f03ffd9}}\cell\row}
{\trowd \trbrdrl\brdrs\brdrw5\brdrcf5 \trbrdrr\brdrs\brdrw5\brdrcf5 \trrh300 \cl
brdrl\brdrs\brdrw5\brdrcf5 \clbrdrr\brdrs\brdrw5\brdrcf5 \cellx10700
lbrdrl\brdrs\brdrw5\brdrcf5 \clbrdrr\brdrs\brdrw5\brdrcf5 \cellx10700
\pard\intbl\plain \li400 \f3\fs60 Form 10-Q
\par\pard\intbl\plain \li400 \f3\fs20
\par\pard\intbl\plain \li400 \f3\fs34 GENERAL ELECTRIC CO - GE
\par\pard\intbl\plain \li400 \f3\fs26 Filed: August 02, 2010 (period: June 30, 2
010)
\par\pard\intbl\plain \li400 \f3\fs24 Quarterly report which provides a continui
ng view of a company's financial position\cell\row}
{\trowd \trbrdrl\brdrs\brdrw5\brdrcf5 \trbrdrr\brdrs\brdrw5\brdrcf5 \trbrdrb\trb
rdrs\trbrdrw5\brdrcf5 \trrh5200 \clbrdrl\brdrs\brdrw5\brdrcf5 \clbrdrr\brdrs\brd
rw5\brdrcf5 \clbrdrb\brdrs\brdrw5\brdrcf5 \cellx10700
\pard\intbl\plain \cell\row}\page
{\trowd \trbrdrt\brdrs\brdrw5\brdrcf5 \trbrdrl\brdrs\brdrw5\brdrcf5 \trbrdrr\brd
rs\brdrw5\brdrcf5 \trrh500 \clbrdrt\brdrs\brdrw5\brdrcf5 \clbrdrl\brdrs\brdrw5\b

rdrcf5 \clbrdrr\brdrs\brdrw5\brdrcf5 \cellx10700
lbrdrl\brdrs\brdrw5\brdrcf5 \clbrdrr\brdrs\brdrw5\brdrcf5 \clvertalc\clshdng100\
clcfpat10\clcbpat10\cellx10700
\pard\intbl\plain \cf8\f3\fs60\qc Table of Contents\cell\row}
{\trowd \trbrdrl\brdrs\brdrw5\brdrcf5 \trbrdrr\brdrs\brdrw5\brdrcf5 \trbrdrb\brd
rs\brdrw5\brdrcf5 \trrh13350 \clbrdrl\brdrs\brdrw5\brdrcf5 \clbrdrr\brdrs\brdrw5
\brdrcf5 \clbrdrb\brdrs\brdrw5\brdrcf5 \clvertalt\cellx10700
\pard\intbl\plain \cf8\f3\fs14\ql
\par\pard\intbl\plain\f3\fs14\ql
\par\pard\intbl\plain\f3\fs20\ql\ul\li800{\field{\*\fldinst HYPERLINK \\l "doc_1
_1"}{\*\fldrslt 10-Q - FORM 10-Q}}\par\pard\intbl\plain \f3\fs14\ql
\par\pard\intbl\plain \f3\fs28\ql\ul \li800 {\field{\*\fldinst HYPERLINK \\l "pa
rt_1_2_1"}{\*\fldrslt Part I.}}\par\pard\intbl\plain\brdrb\brdrs\brdrcf5\f3\fs10
\ql
\par\pard\intbl\plain\f3\fs20\ul\pnindent1800\lnhang\li1800\ri0\fi-1000{{{\field
{\*\fldinst HYPERLINK \\l "item_1_3_1"}{\*\fldrslt Item 1.}}}\plain\f3\fs20\tab}
\plain\f3\fs20\ul{\field{\*\fldinst HYPERLINK \\l "item_1_3_1"}{\*\fldrslt Finan
cial Statements.}}
\plain\f3\fs20\ul{\field{\*\fldinst HYPERLINK \\l "item_1_3_2"}{\*\fldrslt Manag
ement s Discussion and Analysis of Financial Condition and Results of Operations
.}}
\plain\f3\fs20\ul{\field{\*\fldinst HYPERLINK \\l "item_1_3_3"}{\*\fldrslt Quant
itative and Qualitative Disclosures About Market Risk.}}
\plain\f3\fs20\ul{\field{\*\fldinst HYPERLINK \\l "item_1_3_4"}{\*\fldrslt Contr
ols and Procedures.}}
\par\pard\intbl\plain \f3\fs14\ql
\par\pard\intbl\plain \f3\fs28\ql\ul \li800 {\field{\*\fldinst HYPERLINK \\l "pa
rt_1_2_2"}{\*\fldrslt Part II.}}\par\pard\intbl\plain\brdrb\brdrs\brdrcf5\f3\fs1
0\ql
\plain\f3\fs20\ul{\field{\*\fldinst HYPERLINK \\l "item_1_3_5"}{\*\fldrslt Legal
Proceedings.}}
\plain\f3\fs20\ul{\field{\*\fldinst HYPERLINK \\l "item_1_3_6"}{\*\fldrslt Purch
ases of Equity Securities by the Issuer and Affiliated Purchasers.}}
\plain\f3\fs20\ul{\field{\*\fldinst HYPERLINK \\l "item_1_3_7"}{\*\fldrslt Exhib
its.}}
\par\pard\intbl\plain\f3\fs20\ul\li800{\field{\*\fldinst HYPERLINK \\l "part_1_2
_3"}{\*\fldrslt Signatures}}
_2"}{\*\fldrslt EX-12.(A) (COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES)}}\
par\pard\intbl\plain\f3\fs14\ql
_3"}{\*\fldrslt EX-12.(B) (COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CH
ARGES)}}\par\pard\intbl\plain\f3\fs14\ql
_4"}{\*\fldrslt EX-31.(A) (CERTIFICATION PURSUANT TO RULES 13A-14(A) AND 15D-14(
A))}}\par\pard\intbl\plain\f3\fs14\ql
_5"}{\*\fldrslt EX-31.(B) (CERTIFICATION PURSUANT TO RULES 13A-14(A) AND 15D-14(
A))}}\par\pard\intbl\plain\f3\fs14\ql
_6"}{\*\fldrslt EX-32 (CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350)}}\par\p
ard\intbl\plain\f3\fs14\ql
_7"}{\*\fldrslt EX-99.(A) (FINANCIAL MEASURES THAT SUPPLEMENT GENERALLY ACCEPTED
ACCOUNTING PRINCIPLES)}}\par\pard\intbl\plain\f3\fs14\ql
_8"}{\*\fldrslt XBRL Content}}\cell\row}
{\*\bkmkstart filing_1}{\*\bkmkend filing_1}{\*\bkmkstart doc_1_1}{\*\bkmkend do
c_1_1}\par\pard\plain\f0\fs16\par\pard\plain\ul{\field{\*\fldinst HYPERLINK \\l
"toc" }{\*\fldrslt\cf3\f52\fs16\b\ql Table of Contents}}\par\pard\plain\brdrb\br
drs\cf1\f51\fs20\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pa
rd\plain\sb66\cf1\f51\fs28\b\qc UNITED STATES\par\pard\plain\cf1\f51\fs28\b\qc S
ECURITIES AND EXCHANGE COMMISSION\par\pard\plain\cf1\f51\fs20\b\qc WASHINGTON, D
.C. 20549\par\pard\plain\cf1\f51\fs18\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\
f51\fs20\qc \~\par\pard\plain\sb198\cf1\f51\fs28\b\qc FORM 10-Q\par\pard\plain\c
f1\f51\fs18\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\qc \~\par\pard\pl
ain\sb198\cf1\f51\fs16\b\ql (Mark One)
\par\pard\plain
{\trowd\cellx432\cellx10800\trrh495
\pard\plain\intbl\cf1\f54\fs20\b\ql x\cell\pard\plain\intbl\cf1\f51\fs20\b\ql QU
ARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
\plain\intbl\cf1\f51\fs20\b\ql 1934\cell{
{\trowd\cellx432\cellx10800\trrh495\row}}}\pard\plain\sb198\cf1\f51\fs16\b\qc Fo
r the quarterly period ended June\~30, 2010\par\pard\plain\sb198\cf1\f51\fs16\b\
qc OR\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f54\fs20\b\ql \cell\pard\plain\intbl\cf1\f51\fs20\b\ql TRAN
SITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF\
plain\intbl\cf1\f51\fs20\b\ql 1934\cell{
{\trowd\cellx432\cellx10800\trrh495\row}}}\pard\plain\sb198\cf1\f51\fs16\b\qc Fo
r the transition period from \plain\cf1\f51\fs16\b\ul\qc \~\~\~\~\~\~\~\~\~\~\~\
~\plain\cf1\f51\fs16\b\qc to \plain\cf1\f51\fs16\b\ul\qc \~\~\~\~\~\~\~\~\~\~\~
\~\par\pard\plain\sb198\cf1\f51\fs16\b\qc Commission file number 001-00035\par\p
ard\plain\cf1\f51\fs18\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\qc \~\
par\pard\plain\sb198\cf1\f51\fs34\b\qc GENERAL ELECTRIC COMPANY\par\pard\plain\c
f1\f51\fs16\b\qc (Exact name of registrant as specified in its charter)\par\pard
\plain\cf1\f51\fs18\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\qc \~\par
\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
{\trowd\clvertalc\cellx5400\clvertalb\cellx5615\clvertalc\cellx10799\trrh-66\trr
h0
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pl
ain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx5400\clvertalb\cellx5615\clvertalc\cellx10799\trrh-66\trr
h0\row}}}
{\trowd\cellx5400\clvertalb\cellx5615\cellx10799\trrh206
\pard\plain\intbl\cf1\f51\fs16\b\qc New York\cell\pard\plain\intbl\cf1\f51\fs13\
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\b\qc 14-0689340\cell{
{\trowd\cellx5400\clvertalb\cellx5615\cellx10799\trrh206\row}}}
\pard\plain\intbl\cf1\f51\fs13\b\qc (State or other jurisdiction of\par\pard\pla
in\intbl\cf1\f51\fs13\b\qc incorporation or organization)\cell\pard\plain\intbl\

cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc (I.R.S. Employer\par\
pard\plain\intbl\cf1\f51\fs13\b\qc Identification No.)\cell{
{\trowd\clvertalc\cellx5400\clvertalc\cellx10800\trrh-66\trrh0
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx5400\clvertalc\cellx10800\trrh-66\trrh0\row}}}
\pard\plain\intbl\cf1\f51\fs16\b\qc 3135 Easton Turnpike, Fairfield, CT\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\b\qc 06828-0
001\cell{
\pard\plain\intbl\cf1\f51\fs13\b\qc (Address of principal executive offices)\cel
l\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc (Z
ip Code)\cell{
{\trowd\cellx5400\clvertalb\cellx5615\cellx10799\trrh172\row}}}\pard\plain\sb198
\cf1\f51\fs16\b\qc (Registrant\u8217?s telephone number, including area code) (2
03) 373-2211\par\pard\plain\cf1\f51\fs18\ql \~\par\pard\plain\sb198\cf1\f51\fs13
\b\qc (Former name, former address and former fiscal year, if changed since last
report)\par\pard\plain\cf1\f51\fs18\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f
51\fs20\qc \~\par\pard\plain\sb198\cf1\f51\fs16\ql Indicate by check mark whethe
r the registrant (1)\~has filed all reports required to be filed by Section\~13
or 15(d) of the Securities Exchange Act of 1934\plain\cf1\f51\fs16\ql during th
e preceding 12 months (or for such shorter period that the registrant was requir
ed to file such reports), and (2)\~has been subject to such filing\plain\cf1\f51
\fs16\ql requirements for the past 90 days.\~\~\~\~Yes\~\~\plain\cf1\f54\fs16\q
l x\plain\cf1\f51\fs16\ql \~\~\~\~No\~\~\plain\cf1\f54\fs16\ql \par\pard\plain
\sb198\cf1\f51\fs16\ql Indicate by check mark whether the registrant has submitt
ed electronically and posted on its corporate Web site, if any, every Interactiv
e Data File\plain\cf1\f51\fs16\ql required to be submitted and posted pursuant
to Rule 405 of Regulation S-T (\u167?232.405 of this chapter) during the precedi
ng 12 months (or for such\plain\cf1\f51\fs16\ql shorter period that the registr
ant was required to submit and post such files).\~\~\~\~Yes\~\~\plain\cf1\f54\fs
16\ql x\plain\cf1\f51\fs16\ql \~\~\~\~No\~\~\plain\cf1\f54\fs16\ql \par\pard\p
lain\sb198\cf1\f51\fs16\ql Indicate by check mark whether the registrant is a la
rge accelerated filer, an accelerated filer, a non-accelerated filer, or a small
er reporting company. See\plain\cf1\f51\fs16\ql the definitions of \u8220?large
accelerated filer,\u8221? \u8220?accelerated filer\u8221? and \u8220?smaller re
porting company\u8221? in Rule 12b-2 of\plain\cf1\f51\fs16\ql the Exchange Act.
(Check one):\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
{\trowd\clvertalc\cellx1726\clvertalb\cellx1833\clvertalc\cellx8258\clvertalb\ce
llx8365\clvertalc\cellx10522\clvertalb\cellx10629\clvertalc\cellx10797\trrh-66\t
rrh0
ain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intb
l\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs1
6\ql \~\cell{
llx8365\clvertalc\cellx10522\clvertalb\cellx10629\clvertalc\cellx10797\trrh-66\t
rrh0\row}}}
{\trowd\clvertalb\cellx1726\clvertalb\cellx1833\clvertalb\cellx8258\clvertalb\ce
llx8365\clvertalb\cellx10522\clvertalb\cellx10629\clvertalb\cellx10797\trrh206
\pard\plain\intbl\cf1\f51\fs16\ql Large\~accelerated\~filer\cell\pard\plain\intb
l\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f54\fs16\ql x\cell\pard\plain\int
bl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Accelerated\~filer
\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f54\fs16\ql \
cell{
llx8365\clvertalb\cellx10522\clvertalb\cellx10629\clvertalb\cellx10797\trrh206\r
ow}}}
{\trowd\clvertalc\cellx1726\clvertalc\cellx8258\clvertalc\cellx10523\clvertalc\c
ellx10799\trrh-66\trrh0
ain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\clvertalc\cellx1726\clvertalc\cellx8258\clvertalc\cellx10523\clvertalc\c
ellx10799\trrh-66\trrh0\row}}}
\pard\plain\intbl\cf1\f51\fs16\ql Non-accelerated filer\cell\pard\plain\intbl\cf
1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f
51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Smaller\~reporting\~compan
y\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f54\fs16\ql
\cell{
ow}}}\pard\plain\sb198\cf1\f51\fs16\ql Indicate by check mark whether the regist
rant is a shell company (as defined in Rule 12b-2 of the Exchange Act).\~\~\~\~Y
es\~\~\plain\cf1\f54\fs16\ql \plain\cf1\f51\fs16\ql \~\~\~\~No\~\~\plain\cf1\f54\
fs16\ql x\par\pard\plain\sb198\cf1\f51\fs16\ql There were 10,691,220,000 shares
of common stock with a par value of $0.06 per share outstanding at June\~25, 201
0.\par\pard\plain\cf1\f51\fs12\ql \~\par\pard\plain\brdrb\brdrs\cf1\f51\fs20\ql
\~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~
\page\par\pard\plain\f0\fs4\par\pard\plain\f0\fs2\brdrt\brdrs\brdrw15\brdrcf2\br
drsp0\par\pard\plain\f0\fs4\par\par\pard\plain\ul{\field{\*\fldinst HYPERLINK \\
l "toc" }{\*\fldrslt\cf3\f52\fs16\b\ql Table of Contents}}{\*\bkmkstart toc}{\*\
bkmkend toc}\par\pard\plain\cf1\f51\fs16\b\qc General Electric Company\par\pard\
plain\cf1\f51\fs18\ql \~
\par\pard\plain
{\trowd\clvertalc\cellx10175\clvertalb\cellx10493\clvertalc\cellx10798\trrh-66\t
rrh0
{\trowd\clvertalc\cellx10175\clvertalb\cellx10493\clvertalc\cellx10798\trrh-66\t
rrh0\row}}}
{\trowd\clvertalb\cellx10175\clvertalb\cellx10493\clbrdrb\brdrs\brdrcf1\clvertal
b\cellx10798\trrh172
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Page\cell{
{\trowd\clvertalb\cellx10175\clvertalb\cellx10493\clbrdrb\brdrs\brdrcf1\clvertal
b\cellx10798\trrh172\row}}}
{\trowd\cellx10175\clvertalb\cellx10493\clvertalb\cellx10798\trrh206
\pard\plain\intbl\li176\fi-176\ul{\field{\*\fldinst HYPERLINK \\l "tx53567_1" }{
\*\fldrslt\cf3\f51\fs16\b\ql Part I \u8211? Financial Information}}\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
{\trowd\cellx10175\clvertalb\cellx10493\clvertalb\cellx10798\trrh206\row}}}
\*\fldrslt\cf3\f51\fs16\ql Item\~1. Financial Statements}}\cell\pard\plain\intbl
\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\*\fldrslt\cf3\f51\fs16\ql Condensed Statement of Earnings}}\cell\pard\plain\int

bl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3\cell{
\pard\plain\intbl\li1364\fi-176\ul{\field{\*\fldinst HYPERLINK \\l "tx53567_4" }
{\*\fldrslt\cf3\f51\fs16\ql Three Months Ended June\~30, 2010}}\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3\cell{
{\*\fldrslt\cf3\f51\fs16\ql Six Months Ended June\~30, 2010}}\cell\pard\plain\in
tbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4\cell{
\*\fldrslt\cf3\f51\fs16\ql Condensed Statement of Financial Position}}\cell\pard
\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5\cell{
\*\fldrslt\cf3\f51\fs16\ql Condensed Statement of Cash Flows}}\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6\cell{
\*\fldrslt\cf3\f51\fs16\ql Summary of Operating Segments}}\cell\pard\plain\intbl
\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 7\cell{
\*\fldrslt\cf3\f51\fs16\ql Notes to Condensed, Consolidated Financial Statements
(Unaudited)}}\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\
cf1\f51\fs16\qr 8\cell{
{\*\fldrslt\cf3\f51\fs16\ql Item\~2. Management\u8217?s Discussion and Analysis
of Financial Condition and Results of Operations}}\cell\pard\plain\intbl\cf1\f51
\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 47\cell{
{\*\fldrslt\cf3\f51\fs16\ql Item\~3. Quantitative and Qualitative Disclosures Ab
out Market Risk}}\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\int
bl\cf1\f51\fs16\qr 72\cell{
{\*\fldrslt\cf3\f51\fs16\ql Item\~4. Controls and Procedures}}\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 72\cell{
\pard\plain\intbl\ul{\field{\*\fldinst HYPERLINK \\l "tx53567_13" }{\*\fldrslt\c
f3\f51\fs16\b\ql Part II \u8211? Other Information}}\cell\pard\plain\intbl\cf1\f
51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{

{\*\fldrslt\cf3\f51\fs16\ql Item\~1. Legal Proceedings}}\cell\pard\plain\intbl\c
f1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 72\cell{
{\*\fldrslt\cf3\f51\fs16\ql Item\~2. Purchases of Equity Securities by the Issue
r and Affiliated Purchasers}}\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pa
rd\plain\intbl\cf1\f51\fs16\qr 74\cell{
{\*\fldrslt\cf3\f51\fs16\ql Item\~6. Exhibits}}\cell\pard\plain\intbl\cf1\f51\fs
13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 75\cell{
{\*\fldrslt\cf3\f51\fs16\ql Signatures}}\cell\pard\plain\intbl\cf1\f51\fs13\ql \
~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 76\cell{
{\trowd\cellx10175\clvertalb\cellx10493\clvertalb\cellx10798\trrh206\row}}}\pard
\plain\sb286\cf1\f51\fs16\b\ql Forward-Looking Statements\par\pard\plain\sb88\cf
1\f51\fs16\ql This document contains \u8220?forward-looking statements\u8221? \u
8211? that is, statements related to future, not past, events. In this context,\
plain\cf1\f51\fs16\ql forward-looking statements often address our expected fut
ure business and financial performance and financial condition, and often contai
n words such as\plain\cf1\f51\fs16\ql \u8220?expect,\u8221? \u8220?anticipate,\
u8221? \u8220?intend,\u8221? \u8220?plan,\u8221? \u8220?believe,\u8221? \u8220?s
eek,\u8221?\plain\cf1\f51\fs16\ql \u8220?see,\u8221? or \u8220?will.\u8221? For
ward-looking statements by their nature address matters that are, to different d
egrees, uncertain. For us,\plain\cf1\f51\fs16\ql particular uncertainties that
could cause our actual results to be materially different than those expressed i
n our forward-looking statements include:\plain\cf1\f51\fs16\ql current economi
c and financial conditions, including volatility in interest and exchange rates,
commodity and equity prices and the value of financial\plain\cf1\f51\fs16\ql a
ssets; the impact of conditions in the financial and credit markets on the avail
ability and cost of General Electric Capital Corporation\u8217?s (GECC)\plain\cf
1\f51\fs16\ql funding and on our ability to reduce GECC\u8217?s asset levels as
planned; the impact of conditions in the housing market and unemployment rates
on\plain\cf1\f51\fs16\ql the level of commercial and consumer credit defaults;
our ability to maintain our current credit rating and the impact on our funding
costs and competitive\plain\cf1\f51\fs16\ql position if we do not do so; the ad
equacy of our cash flow and earnings and other conditions which may affect our a
bility to pay our quarterly dividend\plain\cf1\f51\fs16\ql at the planned level
; the level of demand and financial performance of the major industries we serve
, including, without limitation, air and rail\plain\cf1\f51\fs16\ql transportat
ion, energy generation, network television, real estate and healthcare; the impa
ct of regulation and regulatory, investigative and legal proceedings\plain\cf1\f
51\fs16\ql and legal compliance risks, including the impact of financial servic
es regulation; strategic actions, including acquisitions and dispositions and ou
r success\plain\cf1\f51\fs16\ql in integrating acquired businesses; and numerou
s other matters of national, regional and global scale, including those of a pol
itical, economic, business and\plain\cf1\f51\fs16\ql competitive nature. These
uncertainties may cause our actual future results to be materially different tha
n those expressed in our forward-looking\plain\cf1\f51\fs16\ql statements. We d
o not undertake to update our forward-looking statements.\par\pard\plain\cf1\f51
\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (2)
l "toc" }{\*\fldrslt\cf3\f52\fs16\b\ql Table of Contents}}{\*\bkmkstart part_1_2
_1}{\*\bkmkend part_1_2_1}{\*\bkmkstart tx53567_1}{\*\bkmkend tx53567_1}\par\par
d\plain\cf1\f51\fs16\b\ql Part I. Financial Information{\*\bkmkstart item_1_3_1}
{\*\bkmkend item_1_3_1}{\*\bkmkstart tx53567_2}{\*\bkmkend tx53567_2}\par\pard\p
lain\sb88\cf1\f51\fs16\b\ql Item\~1. Financial Statements.{\*\bkmkstart tx53567_
3}{\*\bkmkend tx53567_3}\par\pard\plain\sb88\cf1\f51\fs16\b\ql General Electric
Company and consolidated affiliates{\*\bkmkstart tx53567_4}{\*\bkmkend tx53567_4
}\par\pard\plain\sb88\cf1\f51\fs16\b\ql Condensed Statement of Earnings\par\pard
\plain\cf1\f51\fs18\ql \~
\par\pard\plain
{\trowd\clvertalc\cellx3678\clvertalb\cellx3825\clvertalc\cellx3973\clvertalc\ce
llx4613\clvertalc\cellx4750\clvertalb\cellx4921\clvertalc\cellx5069\clvertalc\ce
llx5709\clvertalc\cellx5846\clvertalb\cellx5975\clvertalc\cellx6045\clvertalb\ce
llx6192\clvertalc\cellx6340\clvertalc\cellx6980\clvertalc\cellx7117\clvertalb\ce
llx9743\clvertalc\cellx10009\clvertalc\cellx10649\clvertalc\cellx10786\trrh-66\t
rrh0
6\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\
cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\par
d\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\
intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0
\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql
\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell
6\ql \~\cell{
rrh0\row}}}
{\trowd\clvertalb\cellx3678\clvertalb\cellx3825\clbrdrb\brdrs\brdrcf1\clvertalb\
cellx10661\clvertalb\cellx10798\trrh172
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Three months ended June\~30 (Unaudited)\
cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
cellx10661\clvertalb\cellx10798\trrh172\row}}}
cellx5712\clvertalb\cellx5849\clvertalb\cellx5978\clvertalb\cellx6048\clvertalb\
cellx6195\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8044\clvertalb\cellx8181\clvertal
b\cellx8310\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10658\clvertalb\cellx10795\trrh
172
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Consolidated\cell\pard\plain\intbl\cf1\f
51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1
\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
\cf1\f51\fs13\b\qc GE(a)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plai
n\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Financial\~Se
rvices\~(GECS)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
172\row}}}
cellx4614\clvertalb\cellx4751\clvertalb\cellx4922\clbrdrb\brdrs\brdrcf1\clvertal
b\cellx5711\clvertalb\cellx5848\clvertalb\cellx5977\clbrdrr\brdrs\brdrcf1\clvert
alb\cellx6047\clvertalb\cellx6194\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6983\clve
rtalb\cellx7120\clvertalb\cellx7254\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8043\cl
vertalb\cellx8180\clvertalb\cellx8309\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9216\
clvertalb\cellx9482\clvertalb\cellx9748\clbrdrb\brdrs\brdrcf1\clvertalb\cellx106
55\clvertalb\cellx10792\trrh248
\pard\plain\intbl\cf1\f51\fs13\b\ql (In millions, except share amounts)\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\
cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \
~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs1
3\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\f
s20\ql \~\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \
~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\intbl\cf1\f51\f
s13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51
\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\c
f1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain
\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
55\clvertalb\cellx10792\trrh248\row}}}
{\trowd\clshdng100\clcfpat12\clcbpat12\cellx3678\clvertalb\clshdng100\clcfpat12\
clcbpat12\cellx3825\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx3973\clvertalb
\clshdng100\clcfpat12\clcbpat12\cellx4613\clvertalb\clshdng100\clcfpat12\clcbpat
12\cellx4750\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx4921\clvertalb\clshdn
g100\clcfpat12\clcbpat12\cellx5069\clvertalb\clshdng100\clcfpat12\clcbpat12\cell
x5709\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx5846\clvertalb\clshdng100\cl
cfpat12\clcbpat12\cellx5975\clbrdrr\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat12
\clcbpat12\cellx6045\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx6192\clvertal
b\clshdng100\clcfpat12\clcbpat12\cellx6340\clvertalb\clshdng100\clcfpat12\clcbpa
t12\cellx6980\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx7117\clvertalb\clshd
ng100\clcfpat12\clcbpat12\cellx7251\clvertalb\clshdng100\clcfpat12\clcbpat12\cel
lx7399\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx8039\clvertalb\clshdng100\c
lcfpat12\clcbpat12\cellx8176\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx8305\
clvertalb\clshdng100\clcfpat12\clcbpat12\cellx8571\clvertalb\clshdng100\clcfpat1
2\clcbpat12\cellx9211\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9477\clverta
lb\clshdng100\clcfpat12\clcbpat12\cellx9743\clvertalb\clshdng100\clcfpat12\clcbp
at12\cellx10009\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10649\clvertalb\cl
shdng100\clcfpat12\clcbpat12\cellx10786\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Revenues\cell\pard\plain\intbl\
cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f
0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\f
s13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \
~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\c
ell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\
pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\par
intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\int
bl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs

16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\
ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\ce
ll{
shdng100\clcfpat12\clcbpat12\cellx10786\trrh206\row}}}
{\trowd\cellx3678\clvertalb\cellx3825\clvertalb\cellx3973\clvertalb\cellx4613\cl
vertalb\cellx4750\clvertalb\cellx4921\clvertalb\cellx5069\clvertalb\cellx5709\cl
vertalb\cellx5846\clvertalb\cellx5975\clbrdrr\brdrs\brdrcf1\clvertalb\cellx6045\
clvertalb\cellx6192\clvertalb\cellx6340\clvertalb\cellx6980\clvertalb\cellx7117\
clvertalb\cellx9743\clvertalb\cellx10009\clvertalb\cellx10649\clvertalb\cellx107
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Sales of goods\cell\pard\plain\in
tbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain
\intbl\cf1\f51\fs16\qr 14,905\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\par
d\plain\intbl\cf1\f51\fs16\qr 15,906\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
ll\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\
cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql
$\cell\pard\plain\intbl\cf1\f51\fs16\qr 14,736\cell\pard\plain\intbl\cf1\f51\fs
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\
fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 15,701\cell\pard\plain\intbl\cf1
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\c
f1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 168\cell\pard\plain\intbl
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\int
bl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 205\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Sales of services\cell\pard\plain
\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\p
lain\intbl\cf1\f51\fs16\qr 9,599\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\p
ard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell
\pard\plain\intbl\cf1\f51\fs16\qr 10,172\cell\pard\plain\intbl\cf1\f51\fs16\ql \
~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
6\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 9,667\cell\pard\plain\intbl\cf1\f5
1\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,311\cell\pard\plain\intb
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\in
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cel
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u82
12?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other income\cell\pard\plain\intb
l\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\
intbl\cf1\f51\fs16\qr 278\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\p
lain\intbl\cf1\f51\fs16\qr 34\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pa
l\pard\plain\intbl\cf1\f51\fs16\qr 304\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 80\cell\pard\plain\intbl\cf1\f51\fs16\ql
\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf
1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intb
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard
\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GECS earnings from continuing ope
rations\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plai
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cel
l\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16
\qr 822\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\f
\fs16\qr 367\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\
f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf
1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\p
lain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \
~\~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GECS revenues from services\cell\
pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
ell\pard\plain\intbl\cf1\f51\fs16\qr 12,662\cell\pard\plain\intbl\cf1\f51\fs16\q
l \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,996\cell\pard\plain\intbl\cf1\f5
f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\
~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
s16\qr 12,980\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1
f1\f51\fs16\qr 13,252\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
{\trowd\clvertalb\cellx3678\clvertalb\cellx3825\clbrdrt\brdrs\brdrcf1\clvertalb\
cellx3973\clbrdrt\brdrs\brdrcf1\clvertalb\cellx4613\clvertalc\cellx4750\clvertal
b\cellx4921\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5069\clbrdrt\brdrs\brdrcf1\clve
rtalb\cellx5709\clvertalc\cellx5846\clvertalb\cellx5975\clbrdrr\brdrs\brdrcf1\cl
vertalb\cellx6045\clvertalb\cellx6192\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6340\
clbrdrt\brdrs\brdrcf1\clvertalb\cellx6980\clvertalc\cellx7117\clvertalb\cellx725
1\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7399\clbrdrt\brdrs\brdrcf1\clvertalb\cell
x8039\clvertalc\cellx8176\clvertalb\cellx8305\clbrdrt\brdrs\brdrcf1\clvertalb\ce
llx8571\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9211\clvertalc\cellx9477\clvertalb\
cellx9743\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10009\clbrdrt\brdrs\brdrcf1\clver
talb\cellx10649\clvertalc\cellx10786\trrh29
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\~\cell\p
ard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\p
ard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\~\cell
\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell

\pard\plain\intbl\cf1\f51\fs1\ql \~\cell{
talb\cellx10649\clvertalc\cellx10786\trrh29\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Total revenues\cell\pard\plain\in
n\intbl\cf1\f51\fs16\qr 37,444\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\p
ard\plain\intbl\cf1\f51\fs16\qr 39,108\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 25,529\cell\pard\plain\intbl\cf1\f51
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 26,459\cell\pard\plain\intbl
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 13,148\cell\pard\pla
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 13,457\cell\
pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
{\trowd\clvertalc\cellx3678\clvertalc\cellx4752\clvertalc\cellx5849\clbrdrr\brdr
s\brdrcf1\clvertalc\cellx6048\clvertalc\cellx7122\clvertalc\cellx8182\clvertalc\
cellx9485\clvertalc\cellx10796\trrh248
ain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs20\ql \~\cell\pard\plain
\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f
0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
cellx9485\clvertalc\cellx10796\trrh248\row}}}
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Costs and expenses\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pla

in\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl
\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0
\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs
fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\q
l \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \
~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\p
ard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard
\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\i
ntbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intb
6\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cost of goods sold\cell\pard\plai
n\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\
plain\intbl\cf1\f51\fs16\qr 11,129\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
ll\pard\plain\intbl\cf1\f51\fs16\qr 12,450\cell\pard\plain\intbl\cf1\f51\fs16\ql
ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,975\cell\pard\plain\intbl\cf1
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,287\cell\pard\plain\i
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 154\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 164\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cost of services sold\cell\pard\p
rd\plain\intbl\cf1\f51\fs16\qr 6,067\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
cell\pard\plain\intbl\cf1\f51\fs16\qr 6,354\cell\pard\plain\intbl\cf1\f51\fs16\q
\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,134\cell\pard\plain\intbl\cf1
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,493\cell\pard\plain\in
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\
ell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Interest and other financial char
ges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,653\cell\pard\plain\intbl
bl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,870\
~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr
4,468\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Investment contracts, insurance l
osses and insurance\plain\intbl\cf1\f51\fs16\ql annuity benefits\cell\pard\plai
plain\intbl\cf1\f51\fs16\qr 722\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pa
pard\plain\intbl\cf1\f51\fs16\qr 779\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\
f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 770\cell
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 823
\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh413\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Provision for losses on financing
receivables\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,009\cell\pard\plain\int
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,817\cell\pard\pl
plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?
\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\i
\intbl\cf1\f51\fs16\qr 2,009\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\par
d\plain\intbl\cf1\f51\fs16\qr 2,817\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cel
l{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other costs and expenses\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell
\pard\plain\intbl\cf1\f51\fs16\qr 9,059\cell\pard\plain\intbl\cf1\f51\fs16\ql \~
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,933\cell\pard\plain\intbl\cf1\f51\fs1
s13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,589\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intb
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,556\cell\pard\plain
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pla
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,637\cell\par
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,471\c
ell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Total costs and expenses\cell\par
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 35,986\cell\pard\plain\intbl\cf1\f51\f
\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 21,128\cell\pard\plain\int
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 22,684\cell\pard\p
\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,440\cel
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\c
ell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 13
,743\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Earnings (loss) from continuing
operations before\plain\intbl\cf1\f51\fs16\b\ql income taxes\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pla
in\intbl\cf1\f51\fs16\qr 4,287\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\par
ard\plain\intbl\cf1\f51\fs16\qr 3,122\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\q
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,401\cell\pard\plain\intbl\cf1\f51\f
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,775\cell\pard\plain\intbl\cf

1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 708\cell\pard\plain\int
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (286\cell\pard\pla
in\intbl\cf1\f51\fs16\ql )\~\cell{
86\trrh413\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Benefit (provision) for income ta
xes\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
6\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (885\cell\pard\plain\intbl\cf1\f51
\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (227\cell\pard\plain\intbl\
cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\int
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (986\cell\pard\p
lain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\par
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (897\cell
\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\c
1\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql
qr 670\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Earnings from continuing operat
ions\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,402\cell\pard\plain\intbl\cf1\f
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,895\cell\pard\plain\intb
tbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,415\cell\pard
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,878\ce
cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8
09\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\q
\qr 384\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Loss from discontinued operations
, net of taxes\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (188\cell\pard\plain\in
tbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain
d\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (188\
cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\q
r (194\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\f
\fs16\qr (188\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf
cf1\f51\fs16\qr (193\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Net earnings\cell\pard\plain\in
n\intbl\cf1\f51\fs16\qr 3,214\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,227\cell\pard\plain\intbl\cf1\f51\fs
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 621\cell\pard\plain\intb
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 191\cell\pard\plain

\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less net earnings (loss) attribut
able to\plain\intbl\cf1\f51\fs16\ql noncontrolling interests\cell\pard\plain\in
n\intbl\cf1\f51\fs16\qr 105\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\p
\plain\intbl\cf1\f51\fs16\qr 12\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pa
ell\pard\plain\intbl\cf1\f51\fs16\qr 118\cell\pard\plain\intbl\cf1\f51\fs16\ql \
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (5\cell\pard\plain\intbl\cf1\f51\fs16\
ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 17\cell\pard\plain\intbl\cf
1\f51\fs16\ql \~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Net earnings attributable to th
e Company\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,109\cell
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,6
\fs16\qr 174\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{

86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Preferred stock dividends declare
d\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (75\cell\pard\plain\intbl\cf1\f51\fs
16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (75\cell\pard\plain\intbl\cf1\
f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\c
f1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\int
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (75\cell\pard\plain\
intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pla
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (75\cell\pard\
plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pa
s16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
86\trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Net earnings attributable to GE
common\plain\intbl\cf1\f51\fs16\b\ql shareowners\cell\pard\plain\intbl\cf1\f51
\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\
f51\fs16\qr 3,034\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl
\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intb
l\cf1\f51\fs16\qr 2,614\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain
in\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\
plain\intbl\cf1\f51\fs16\qr 3,034\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\
pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell
$\cell\pard\plain\intbl\cf1\f51\fs16\qr 634\cell\pard\plain\intbl\cf1\f51\fs16\q
\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 174\cell\pard\plain\intbl\cf1\f51\fs
16\ql \~\cell{
86\trrh413\row}}}
{\trowd\clvertalb\cellx3678\clvertalb\cellx3825\clbrdrt\brdrdb\brdrcf1\clvertalb
\cellx3973\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4613\clvertalc\cellx4750\clvert
alb\cellx4921\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5069\clbrdrt\brdrdb\brdrcf1\
clvertalb\cellx5709\clvertalc\cellx5846\clvertalb\cellx5975\clvertalb\cellx6045\
clvertalb\cellx6192\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx6340\clbrdrt\brdrdb\br
drcf1\clvertalb\cellx6980\clvertalc\cellx7117\clvertalb\cellx7251\clbrdrt\brdrdb
\brdrcf1\clvertalb\cellx7399\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8039\clvertal
c\cellx8176\clvertalb\cellx8305\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8571\clbrd
rt\brdrdb\brdrcf1\clvertalb\cellx9211\clvertalc\cellx9477\clvertalb\cellx9743\cl
brdrt\brdrdb\brdrcf1\clvertalb\cellx10009\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx
10649\clvertalc\cellx10786\trrh63
ard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\~\cell\par
d\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\par
d\plain\intbl\cf1\f51\fs1\ql \~\cell{
10649\clvertalc\cellx10786\trrh63\row}}}
{\trowd\clbrdrb\brdrs\brdrcf1\cellx3678\clbrdrb\brdrs\brdrcf1\clvertalb\cellx382
5\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3973\clbrdrb\brdrs\brdrcf1\clvertalb\cell
x4613\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4750\clbrdrb\brdrs\brdrcf1\clvertalb\
cellx4921\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5069\clbrdrb\brdrs\brdrcf1\clvert
alb\cellx5709\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5846\clbrdrb\brdrs\brdrcf1\cl
vertalb\cellx5975\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6045\clbrdrb\brdrs\brdrcf
1\clvertalb\cellx6192\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6340\clbrdrb\brdrs\br
drcf1\clvertalb\cellx6980\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7117\clbrdrb\brdr
s\brdrcf1\clvertalb\cellx7251\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7399\clbrdrb\
brdrs\brdrcf1\clvertalb\cellx8039\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8176\clbr
drb\brdrs\brdrcf1\clvertalb\cellx8305\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8571\
clbrdrb\brdrs\brdrcf1\clvertalb\cellx9211\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9
477\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9743\clbrdrb\brdrs\brdrcf1\clvertalb\ce
llx10009\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10649\clbrdrb\brdrs\brdrcf1\clvert
alb\cellx10786\trrh172
\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c
ell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\c

ell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\
cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\
cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
~\~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql
l \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\q
l \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\
ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\
ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs13
\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1
\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell{
alb\cellx10786\trrh172\row}}}
{\trowd\clvertalc\cellx3678\clvertalc\cellx4752\clvertalc\cellx5849\clvertalc\ce
llx6048\clvertalc\cellx7122\clvertalc\cellx8182\clvertalc\cellx9485\clvertalc\ce
llx10796\trrh-66\trrh0
6\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
llx10796\trrh-66\trrh0\row}}}
cfpat12\clcbpat12\cellx5975\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx6045\c
lvertalb\clshdng100\clcfpat12\clcbpat12\cellx6192\clvertalb\clshdng100\clcfpat12
2\clcbpat12\cellx9743\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10009\clvert
alb\clshdng100\clcfpat12\clcbpat12\cellx10649\clvertalb\clshdng100\clcfpat12\clc
bpat12\cellx10786\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Amounts attributable to the Com
pany\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pa
rd\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain

\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\in
tbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\int
bl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f
51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\
ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql
intbl\f0\fs16\ql \~\cell{
bpat12\cellx10786\trrh206\row}}}
vertalb\cellx10009\clvertalb\cellx10649\clvertalb\cellx10786\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Earnings from continuing operatio
ns\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16
\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,297\cell\pard\plain\intbl\cf1\f51\
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f5
1\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,883\cell\pard\plain\intbl\cf
f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,297\cell\pard\plain\int
ntbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,883\cell\pard\pla
lain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 822\cell\pard
rd\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 367\cell\
vertalb\cellx10009\clvertalb\cellx10649\clvertalb\cellx10786\trrh206\row}}}
d\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (188\cell\
pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (19
4\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\q
\qr (188\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51
51\fs16\qr (193\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
rtalb\cellx5709\clvertalc\cellx5846\clvertalb\cellx5975\clvertalb\cellx6045\clve
rtalb\cellx6192\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6340\clbrdrt\brdrs\brdrcf1\
clvertalb\cellx6980\clvertalc\cellx7117\clvertalb\cellx7251\clbrdrt\brdrs\brdrcf
1\clvertalb\cellx7399\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8039\clvertalc\cellx8
176\clvertalb\cellx8305\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8571\clbrdrt\brdrs\
brdrcf1\clvertalb\cellx9211\clvertalc\cellx9477\clvertalb\cellx9743\clbrdrt\brdr
s\brdrcf1\clvertalb\cellx10009\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10649\clvert
alc\cellx10786\trrh29

alc\cellx10786\trrh29\row}}}
51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,109\cell\pard\plain\intbl\c
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,689\cell\pard\plain\i
\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\
intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,109\cell\pard\pl
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,689\cell\p
\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 634\ce
cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 17
4\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Per-share amounts\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plai
n\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\
cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\

fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs1
3\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\q
l \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\c
ell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell
0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\f
~\cell{
ns\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \
ard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intb
l\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl
\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51
\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pa
rd\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\
plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\in
tbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Diluted earnings per share\cell\p
ard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cel
l\pard\plain\intbl\cf1\f51\fs16\qr 0.30\cell\pard\plain\intbl\cf1\f51\fs16\ql \~
$\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.26\cell\pard\plain\intbl\cf1\f51\fs16\
ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql
\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \
l\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f5
1\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\q
l \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Basic earnings per share\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\
pard\plain\intbl\cf1\f51\fs16\qr 0.30\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
ell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\
cell\pard\plain\intbl\cf1\f51\fs16\qr 0.26\cell\pard\plain\intbl\cf1\f51\fs16\ql
\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~
\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\

d\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\p
lain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\int
bl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\
f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql
\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Net earnings\cell\pard\plain\intb
\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\
d\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\p
bl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\
f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\
\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Dividends declared per common s
hare\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.10\cell\pard\plain\intbl\cf1\f51
51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.10\cell\pard\plain\intbl\cf
f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f
l \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \

l\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
vertalb\cellx10009\clvertalb\cellx10649\clvertalb\cellx10786\trrh206\row}}}\pard
\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\
pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Repr
esents the adding together of all affiliated companies except General Electric C
apital Services, Inc. (GECS or financial services), which is\plain\intbl\cf1\f51
\fs16\ql presented on a one-line basis.\cell{
{\trowd\cellx432\cellx10800\trrh413\row}}}\pard\plain\sb198\cf1\f51\fs16\ql See
Note 3 for other-than-temporary impairment amounts.\par\pard\plain\sb198\cf1\f51
\fs16\ql See accompanying notes. Separate information is shown for \u8220?GE\u82
21? and \u8220?Financial Services (GECS).\u8221? Transactions between GE\plain\c
f1\f51\fs16\ql and GECS have been eliminated from the \u8220?Consolidated\u8221
? columns.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (3)
l "toc" }{\*\fldrslt\cf3\f52\fs16\b\ql Table of Contents}}{\*\bkmkstart tx53567_
5}{\*\bkmkend tx53567_5}\par\pard\plain\cf1\f51\fs16\b\ql General Electric Compa
ny and consolidated affiliates\par\pard\plain\cf1\f51\fs16\b\ql Condensed Statem
ent of Earnings\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
rrh0
6\ql \~\cell{
rrh0\row}}}
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Six months ended June\~30 (Unaudited)\ce
ll\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
172
172\row}}}
\pard\plain\intbl\cf1\f51\fs13\b\ql (In millions, except share amounts)\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\
~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs1
s20\ql \~\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \
~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\intbl\cf1\f51\f
\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\c
f1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\i
\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
ll{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Sales of goods\cell\pard\plain\in

f1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 449\cell\pard\plain\intbl
bl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 478\cell\pard\plain\i
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Sales of services\cell\pard\plain
lain\intbl\cf1\f51\fs16\qr 19,507\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\
pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cel
l\pard\plain\intbl\cf1\f51\fs16\qr 20,227\cell\pard\plain\intbl\cf1\f51\fs16\ql
l \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 19,687\cell\pard\plain\intbl\cf1\
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 20,520\cell\pard\plain\in
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other income\cell\pard\plain\intb
lain\intbl\cf1\f51\fs16\qr 462\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\par
ard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
ll\pard\plain\intbl\cf1\f51\fs16\qr 680\cell\pard\plain\intbl\cf1\f51\fs16\ql \~
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 559\cell\pard\plain\intbl\cf1\f51\fs16\
6\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\in
rd\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GECS earnings from continuing ope
rations\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
\qr 1,361\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51
51\fs16\qr 1,346\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\
l\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pa
pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\
ql \~\~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GECS revenues from services\cell\
86\trrh206\row}}}

86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Costs and expenses\cell\pard\pl
\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0
6\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cost of goods sold\cell\pard\plai

86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cost of services sold\cell\pard\p
rd\plain\intbl\cf1\f51\fs16\qr 13,007\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,987\cell\pard\plain\intbl\cf1\f51\fs16
\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs
13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 13,280\cell\pard\plai
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql
r \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
86\trrh206\row}}}
ges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
86\trrh412
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Investment contracts, insurance l
osses and insurance\plain\intbl\cf1\f51\fs16\ql annuity benefits\cell\pard\plai
l\pard\plain\intbl\cf1\f51\fs16\qr 1,525\cell\pard\plain\intbl\cf1\f51\fs16\ql \
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,55
qr 1,596\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh412\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Provision for losses on financing
l{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other costs and expenses\cell\par
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,920\cell\pard\pla
86\trrh206\row}}}

\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Total costs and expenses\cell\par
86\trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Earnings (loss) from continuing
operations before\plain\intbl\cf1\f51\fs16\b\ql income taxes\cell\pard\plain\i
86\trrh413\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Benefit (provision) for income ta
xes\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
6\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,316\cell\pard\plain\intbl\cf1\f
51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 82\cell\pard\plain\intbl\
l\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,774\cell\pard\

rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,739\c
ell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \
458\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13
16\qr 1,821\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Earnings from continuing operat
ions\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
,351\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13
86\trrh206\row}}}
,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~
rd\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\
intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\i
ntbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1
\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs1
l \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cel

l\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\p
ard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plai
n\intbl\f0\fs16\ql \~\cell{
86\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql net of taxes\cell\pard\plain\intb
intbl\cf1\f51\fs16\qr (578\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\p
\plain\intbl\cf1\f51\fs16\qr (215\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell
ll\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \
~\cell\pard\plain\intbl\cf1\f51\fs16\qr (578\cell\pard\plain\intbl\cf1\f51\fs16\
1\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (575\cell\pard\plain\intbl
\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\in
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (197\cell\pard\plai
n\intbl\cf1\f51\fs16\ql )\~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Net earnings\cell\pard\plain\in

in\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less net earnings (loss) attribut
able to\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16
\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\c
ell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell
plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\p
\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\
d\plain\intbl\f0\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql noncontrolling interests\cell\par
\pard\plain\intbl\cf1\f51\fs16\qr 166\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
\cell\pard\plain\intbl\cf1\f51\fs16\qr 97\cell\pard\plain\intbl\cf1\f51\fs16\ql
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 176\cell\pard\plain\intbl\cf1\f51
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 34\cell\pard\plain\intbl\cf1
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (10\cell\pard\plain\intb
l\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 63\cell\pard\plain

86\trrh206
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
\fs16\qr 1,149\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
d\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (150\cell\pard\plain\intbl\cf1\f51\f
s16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f5
1\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (150\cell\pard\plain\intbl\cf
1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl
\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\i
in\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (150\cell\p
ard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cel
12?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51
51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{

86\trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Net earnings attributable to GE
common\plain\intbl\cf1\f51\fs16\b\ql shareowners\cell\pard\plain\intbl\cf1\f51
\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\
fs16\ql \~\cell{
86\trrh413\row}}}
clvertalb\cellx5905\clvertalc\cellx6042\clvertalb\cellx6122\clbrdrr\brdrs\brdrcf
1\clvertalb\cellx6192\clvertalb\cellx6290\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx
6438\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7078\clvertalc\cellx7215\clvertalb\ce
llx7300\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7448\clbrdrt\brdrdb\brdrcf1\clvert
alb\cellx8088\clvertalc\cellx8225\clvertalb\cellx8305\clbrdrt\brdrdb\brdrcf1\clv
ertalb\cellx8571\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9211\clvertalc\cellx9477\
clvertalb\cellx9743\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10009\clbrdrt\brdrdb\b
rdrcf1\clvertalb\cellx10649\clvertalc\cellx10786\trrh63

rdrcf1\clvertalb\cellx10649\clvertalc\cellx10786\trrh63\row}}}
alb\cellx10786\trrh172
\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c
ell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\c
ell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\
cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
~\~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql
l \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\q
l \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\
ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\
\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1
\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell{
alb\cellx10786\trrh172\row}}}
pany\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql
ns\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16
f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
lain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,361\cell\pa
pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,346\c

ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (21
51\fs16\qr (197\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,518\cell\pard\plain\i
\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,518\cell\p
cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,
ell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell
~\cell{
ns\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \

\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Dividends declared per common s
hare\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.20\cell\pard\plain\intbl\cf1\f51
51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.41\cell\pard\plain\intbl\cf
vertalb\cellx10009\clvertalb\cellx10649\clvertalb\cellx10786\trrh206\row}}}\pard
\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\
\par\pard\plain
Note 3 for other-than-temporary impairment amounts.\par\pard\plain\sb198\cf1\f51
\fs16\ql See accompanying notes. Separate information is shown for \u8220?GE\u82
21? and \u8220?Financial Services (GECS).\u8221? Transactions between GE\plain\c

f1\f51\fs16\ql and GECS have been eliminated from the \u8220?Consolidated\u8221
? columns.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (4)
ent of Financial Position\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
rrh0
6\ql \~\cell{
rrh0\row}}}
172
n\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Financial Ser
vices (GECS)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
172\row}}}
llx4092\clvertalb\cellx4253\clvertalb\cellx5308\clvertalb\cellx5445\clvertalb\ce
llx5554\clbrdrr\brdrs\brdrcf1\clvertalb\cellx5624\clvertalb\cellx5756\clvertalb\
cellx9600\clvertalb\cellx10655\clvertalb\cellx10792\trrh248
cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,\cell\pard\plain\intbl\cf1\f51\
1\fs13\b\qc December\~31,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs20\ql \~\plain\intbl
ntbl\cf1\f51\fs13\b\qc June\~30,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\p
ard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Decem
ber\~31,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,\cell\pard\plain\int
ntbl\cf1\f51\fs13\b\qc December\~31,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\ce
ll{
cellx9600\clvertalb\cellx10655\clvertalb\cellx10792\trrh248\row}}}
\pard\plain\intbl\cf1\f51\fs13\b\ql (In million, except share amounts)\cell\pard
\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\c
\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13
20\ql \~\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\intbl\cf1\f51\fs
fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf
1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\in
intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
cellx9600\clvertalb\cellx10655\clvertalb\cellx10792\trrh248
cell\pard\plain\intbl\cf1\f51\fs13\b\qc (Unaudited)\cell\pard\plain\intbl\cf1\f5
1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs20\ql \~\plain\intbl\cf1\f51\fs

1\fs13\b\qc (Unaudited)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain
lain\intbl\cf1\f51\fs13\b\qc (Unaudited)\cell\pard\plain\intbl\cf1\f51\fs13\ql \
\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
cellx9600\clvertalb\cellx10655\clvertalb\cellx10792\trrh248\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Assets\cell\pard\plain\intbl\cf
1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\
cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cel
l\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~
tbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl
\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql
{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash and equivalents\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard
\plain\intbl\cf1\f51\fs16\qr 73,848\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cel
l\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\ce
s16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,861\cell\pard\plain\intbl\cf1\
1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,654\cell\pard\plain\intb
tbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 61,547\cell\pard\pla
lain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 64,356\cell\p
ard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Investment securities\cell\pard\p
1\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 21\cell\pard\plain\intbl\cf1\

1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 30\cell\pard\plain\intbl\
ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 51,913\cell\p
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Current receivables\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Inventories\cell\pard\plain\intbl
\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr 11,366\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\p
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 11,916\cell\pard\plain\intbl\cf
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 71\cell\pard\plain\intb
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 71\cell\pard\plain\
intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Financing receivables \u8211? net
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 324,145\cell\pard\plain\intbl\cf1\f51
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 329,232\cell\pard\plain\intb

\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr
\u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1
f1\f51\fs16\qr 333,262\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plai
n\intbl\cf1\f51\fs16\qr 336,926\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other GECS receivables\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\p
1\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\i
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\ce
13,093\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\f
86\trrh412
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Property, plant and equipment \u8
211?\plain\intbl\cf1\f51\fs16\ql net\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~
65,358\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs
fs16\qr 69,212\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf
tbl\cf1\f51\fs16\qr 11,668\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pl
\fs16\ql \~\cell{
86\trrh412\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Investment in GECS\cell\pard\plai

plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1
\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl
8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f
\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Goodwill\cell\pard\plain\intbl\cf
l\cf1\f51\fs16\qr 63,094\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plai
ain\intbl\cf1\f51\fs16\qr 65,574\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\p
\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
cell\pard\plain\intbl\cf1\f51\fs16\qr 35,951\cell\pard\plain\intbl\cf1\f51\fs16\
lain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other intangible assets \u8211? n
et\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql All other assets\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pl
\pard\plain\intbl\cf1\f51\fs16\qr 103,417\cell\pard\plain\intbl\cf1\f51\fs16\ql
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 82,432\cell\pard\
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 87,471\ce
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Assets of businesses held for sal
e\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 32,690\cell\pard
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 33,986\c
599\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\
6\qr 125\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Assets of discontinued operations
cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\in
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 50\cell\pard\pl
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,203\cell\
86\trrh206\row}}}

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total assets(b)\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plai
n\intbl\cf1\f51\fs16\qr 749,930\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pa
rd\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\p
ard\plain\intbl\cf1\f51\fs16\qr 781,818\cell\pard\plain\intbl\cf1\f51\fs16\ql \~
\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 206,418\cell\pard\plain\intbl\cf1\f5
f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 209,942\cell\pard\plain\intb
tbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 617,916\cell\pard\pl
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 650,241\cell
rdrcf1\clvertalb\cellx10649\clvertalc\cellx10786\trrh63\row}}}
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Liabilities and equity\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard

f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs
16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\
ll\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\
pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pla
in\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\
\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Short-term borrowings\cell\pard\p
lain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\par
d\plain\intbl\cf1\f51\fs16\qr 120,154\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
cell\pard\plain\intbl\cf1\f51\fs16\qr 130,252\cell\pard\plain\intbl\cf1\f51\fs16
1\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 289\cell\pard\plain\intbl\cf1\
1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 504\cell\pard\plain\intbl\
l\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 121,011\cell\pard\plai
ain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 131,137\cell\p
86\trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Accounts payable, principally tra
de\plain\intbl\cf1\f51\fs16\ql accounts\cell\pard\plain\intbl\cf1\f51\fs13\ql \
~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\
qr 14,230\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51
51\fs16\qr 19,703\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl
bl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain
\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,184\cell\pard\plain\intbl\cf1\f51\fs16\
51\fs16\ql \~\cell{
86\trrh413\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Progress collections and price\pl
ain\intbl\cf1\f51\fs16\ql adjustments accrued\cell\pard\plain\intbl\cf1\f51\fs1
3\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51
\fs16\qr 10,868\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\c
\cf1\f51\fs16\qr 12,192\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\int
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\par
d\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other GE current liabilities\cell
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 14,313\cell\pard\plain
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 14,527\cell\pa
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212
?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-recourse borrowings of\plain\
intbl\cf1\f51\fs16\ql consolidated securitization entities\cell\pard\plain\intb
intbl\cf1\f51\fs16\qr 33,411\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f
51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\c
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\par
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Bank deposits\cell\pard\plain\int
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 37,471\
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Long-term borrowings\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 289,768\cell\
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 326,

86\trrh619
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Investment contracts, insurance\p
lain\intbl\cf1\f51\fs16\ql liabilities and insurance annuity\plain\intbl\cf1\f5
1\fs16\ql benefits\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\i
r \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\c
\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\par
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 32,009\cell\pard\plain\intbl\cf1\f51\fs1
6\ql \~\cell{
86\trrh619\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql All other liabilities\cell\pard\p
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 23,75
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Deferred income taxes\cell\pard\p
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (4,217\cell\pard\plain\intbl\cf

\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (4,620\cell\pard\plain
\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,651\cell\pa
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Liabilities of businesses held fo
r sale\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,364\cell\pard\plain\intbl\cf
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,092\cell\pard\plain\i
\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p
qr 261\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs
fs16\qr 55\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Liabilities of discontinued opera
tions\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,381\cell\pard\plain\intbl\cf1\
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 167\cell\pard\
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 163\cell\
qr 1,138\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total liabilities(b)\cell\pard\pl
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 549,551\cell
86\trrh619
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Preferred stock (30,000 shares\pl
ain\intbl\cf1\f51\fs16\ql outstanding at both June\~30, 2010\plain\intbl\cf1\f5
1\fs16\ql and December\~31, 2009)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8
f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\pla
rd\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql

86\trrh619\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Common stock (10,691,220,000 and\
plain\intbl\cf1\f51\fs16\ql 10,663,075,000 shares outstanding at\plain\intbl\cf
1\f51\fs16\ql June\~30, 2010 and December 31,\plain\intbl\cf1\f51\fs16\ql 2009
, respectively)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 702\cell\pard\plain\in
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 702\cell\pard\pla
lain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pa
r 1\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\
6\qr 1\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh412
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Accumulated other comprehensive\p
lain\intbl\cf1\f51\fs16\ql income \u8211? net(c)\cell\pard\plain\intbl\cf1\f51\
\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs
16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~
\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\ce
ll\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
86\trrh412\row}}}
rd\plain\intbl\cf1\f51\fs16\qr 291\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell
ll\pard\plain\intbl\cf1\f51\fs16\qr (435\cell\pard\plain\intbl\cf1\f51\fs16\ql )
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (435\cell\pard\plain\intbl\c
f1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intb
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 289\cell\pard\plain\i
lain\intbl\cf1\f51\fs16\ql )\~\cell{
86\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Currency translation adjustments\
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3,319\cell\pard\plain\intbl\cf1\f51\f
1\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,836\cell\pard\plain\intbl\c
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3,319\cell\pard\p
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,836\cel
ell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2
,636\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs1
s16\qr 1,372\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Cash flow hedges\cell\pard\plain\
ain\intbl\cf1\f51\fs16\qr (1,290\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\
l\pard\plain\intbl\cf1\f51\fs16\qr (1,734\cell\pard\plain\intbl\cf1\f51\fs16\ql
)\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,290\cell\pard\plain\intbl\cf1
\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,734\cell\pard\plain\
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,268\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,76
9\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
86\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Benefit plans\cell\pard\plain\int
\intbl\cf1\f51\fs16\qr (16,008\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pa

pard\plain\intbl\cf1\f51\fs16\qr (16,932\cell\pard\plain\intbl\cf1\f51\fs16\ql )
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (16,008\cell\pard\plain\intbl\cf1
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (16,932\cell\pard\plain
ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (369\cell\par
d\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (434\c
ell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other capital\cell\pard\plain\int
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 37,357\cell\pard\plain\intbl\cf1\f51\
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Retained earnings\cell\pard\plain
lain\intbl\cf1\f51\fs16\qr 127,436\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell
ll\pard\plain\intbl\cf1\f51\fs16\qr 126,363\cell\pard\plain\intbl\cf1\f51\fs16\q
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 127,436\cell\pard\plain\intbl\c
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 126,363\cell\pard\plai
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less common stock held in treasur

y\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (31,235\cell\pard\plain\intbl\cf1\f5
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (32,238\cell\pard\plain\in
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (31,235\cell
2,238\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs
\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\ce
ll{
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total GE shareowners\u8217? equit
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 117,291\cell\pard\plain\int
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 113,934\cell\p
f51\fs16\qr 70,833\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Noncontrolling interests(d)\cell\

ell\pard\plain\intbl\cf1\f51\fs16\qr 6,791\cell\pard\plain\intbl\cf1\f51\fs16\ql
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 7,845\cell\pard\plain\intbl\cf1\f51\
1\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,098\cell\
86\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total equity\cell\pard\plain\intb
intbl\cf1\f51\fs16\qr 120,725\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
rd\plain\intbl\cf1\f51\fs16\qr 125,136\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 123,088\cell\pard\plain\int
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
86\trrh206\row}}}

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total liabilities and equity\cell
\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\c
ell\pard\plain\intbl\cf1\f51\fs16\qr 749,930\cell\pard\plain\intbl\cf1\f51\fs16\
6\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 781,818\cell\pard\plain\intbl\cf1\f
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 206,418\cell\pard\plain
in\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 209,942\cell\pa
pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 617,916
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr
rdrcf1\clvertalb\cellx10649\clvertalc\cellx10786\trrh63\row}}}\pard\plain\cf1\f5
1\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf
1\f51\fs9\ql \~
\par\pard\plain
{\trowd\cellx432\cellx10800\trrh413\row}}}
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Our
consolidated assets at June\~30, 2010 include total assets of $53,755 million of
certain variable interest entities (VIEs) that can only be used to\plain\intbl\
cf1\f51\fs16\ql settle the liabilities of those VIEs. These assets include net
financing receivables of $42,786 million and investment securities of $7,126 mil
lion.\plain\intbl\cf1\f51\fs16\ql Our consolidated liabilities at June\~30, 201
0 include liabilities of certain VIEs for which the VIE creditors do not have re
course to GE. These\plain\intbl\cf1\f51\fs16\ql liabilities include non-recours

e borrowings of consolidated securitization entities (CSEs) of $32,696 million.
See Note\~16.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql The
sum of accumulated other comprehensive income\u8212?net was $(20,326) million an
d $(15,265) million at June\~30, 2010 and December\~31,\plain\intbl\cf1\f51\fs16
\ql 2009, respectively.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (d)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uded accumulated other comprehensive income\u8212?net attributable to noncontrol
ling interests of $(185) million and $(188) million at June\~30,\plain\intbl\cf1
\f51\fs16\ql 2010 and December\~31, 2009, respectively.\cell{
accompanying notes. Separate information is shown for \u8220?GE\u8221? and \u822
0?Financial Services (GECS).\u8221? Transactions between GE\plain\cf1\f51\fs16\q
l and GECS have been eliminated from the \u8220?Consolidated\u8221? columns.\pa
r\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (5)
ent of Cash Flows\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
rrh0
6\ql \~\cell{
rrh0\row}}}

cell\pard\plain\intbl\cf1\f51\fs13\b\qc Six months ended June\~30 (Unaudited)\ce
172
172\row}}}
\pard\plain\intbl\cf1\f51\fs13\b\ql (In millions)\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\intbl\
l\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plai
n\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs20\ql \~\plain\intbl\
tbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\cell\p
\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\intbl\cf1\f51\fs13\ql \
~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\
qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Cash flows \u8211? operating ac
tivities\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs1
cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cel
l\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\p
\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\
tbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl
rd\plain\intbl\f0\fs16\ql \~\cell{
87\trrh206
l\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr 5,220\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\p
ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,552\cell\pard\plain\intbl\cf1\f51\f
\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 776\cell\pard\plain\intbl\cf1\f

\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,212\cell\pard\plain\intbl
\cf1\f51\fs16\ql \~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less net earnings attributable to
noncontrolling interests\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 166\cell\par
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 97\cell
16\qr 34\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\
1\fs16\qr (10\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf
cf1\f51\fs16\qr 63\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net earnings attributable to the
Company\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,054\cell\p
r 786\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs1
s16\qr 1,149\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{

87\trrh206\row}}}
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 578\cell\pard\plain\intbl\cf1\f51\fs1
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 215\cell\pard\plain\intbl\cf1\f5
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 215\cell\pard\plai
ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 575\cell\pard
87\trrh412
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Adjustments to reconcile net earn
ings attributable to the\plain\intbl\cf1\f51\fs16\ql Company to cash provided f
rom operating activities\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pl
l\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f
\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\
ll\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\
intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf
1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs
87\trrh412\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Depreciation and amortization of
property, plant\plain\intbl\cf1\f51\fs16\ql and equipment\cell\pard\plain\intbl

bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,128\cell\pard\plai
n\intbl\cf1\f51\fs16\ql \~\cell{
87\trrh412
ns retained by\plain\intbl\cf1\f51\fs16\ql GECS\cell\pard\plain\intbl\cf1\f51\f
s13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f
51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plai
ain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,361\cell\pard\plain\intbl\cf1\f5
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,346\cell\pard\plain\int
bl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\
87\trrh412\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Deferred income taxes\cell\pard\p
rd\plain\intbl\cf1\f51\fs16\qr (1,615\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,150\cell\pard\plain\intbl\cf1\f51\fs1
6\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 29\cell\pard\plain\i
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,193\cell\pard
\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\p
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,179\
cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Decrease (increase) in GE current
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 892\cell\pard\plain\intbl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\par

qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\
l\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Decrease (increase) in inventorie
s\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 522\cell\pard\plain\intbl\cf1\f51\fs
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 210\cell\pard\plain\intbl\cf1\f
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\
qr 4\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
87\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Increase (decrease) in accounts p
ayable\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 201\cell\pard\p
r (1,278\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Increase (decrease) in GE progres
s collections\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,452\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plai

n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (675\cell\pard\
rd\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cel
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,4
86\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\
6\qr (651\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f5
lain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
~\cell{
87\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Provision for losses on GECS fina
ncing receivables\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\int
pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c
\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\pl
~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql All other operating activities\ce
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (10,131\cell\pard\plain\intbl\cf1
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (259\cell\pa
87\trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash from (used for) operating ac
tivities \u8211?\plain\intbl\cf1\f51\fs16\ql continuing operations\cell\pard\pl
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,665\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh413\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash from (used for) operating ac
tivities \u8211?\plain\intbl\cf1\f51\fs16\ql discontinued operations\cell\pard\
ard\plain\intbl\cf1\f51\fs16\qr (92\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\ce
cell\pard\plain\intbl\cf1\f51\fs16\qr (44\cell\pard\plain\intbl\cf1\f51\fs16\ql
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intb
\qr (44\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Cash from (used for) operating
activities\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\
16\qr 10,195\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\
1\f51\fs16\qr (1,709\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Cash flows \u8211? investing ac

87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Additions to property, plant and
equipment\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3,019\cell\pard\plain\intbl
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (4,459\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard
\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\
(1,325\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\
1\fs16\qr (2,204\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl
bl\cf1\f51\fs16\qr (3,299\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Dispositions of property, plant a
nd equipment\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf
l{
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net decrease (increase) in GECS f
inancing receivables\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\

pard\plain\intbl\cf1\f51\fs16\qr 17,312\cell\pard\plain\intbl\cf1\f51\fs16\ql \~
16\ql \~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Proceeds from principal business
dispositions\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf
1\fs16\qr 8,846\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Payments for principal businesses
purchased\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (19\cell\pard\plain\intbl\c
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (5,973\cell\pard\plai
n\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\p
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (19\cell
6\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intb
tbl\cf1\f51\fs16\qr (5,637\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Capital contribution from GE to G
ECS\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
f1\f51\fs16\qr (9,500\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\
n\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\c
\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51
\fs16\ql \~\~\cell{
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql All other investing activities\ce
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5\cell\pard\plain\intbl\cf1\f51\f
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (91\cell\pard\plain\intbl\
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,963\cell\par
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash from (used for) investing ac
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 636\cell\pard\plain\intbl\cf1\
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (10,989\cell\pard\plain\i
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 27,397\cell\par
87\trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash from (used for) investing ac
ard\plain\intbl\cf1\f51\fs16\qr 26\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell
ll\pard\plain\intbl\cf1\f51\fs16\qr 48\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 26\cel
87\trrh413\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Cash from (used for) investing
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 27,202\cell\pard\pl
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 636\cel
cf1\f51\fs16\qr 29,040\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Cash flows \u8211? financing ac
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net increase (decrease) in borrow
ings (maturities of 90\plain\intbl\cf1\f51\fs16\ql days or less)\cell\pard\plai
plain\intbl\cf1\f51\fs16\qr (1,357\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cel
ell\pard\plain\intbl\cf1\f51\fs16\qr (22,964\cell\pard\plain\intbl\cf1\f51\fs16\
1\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,063\cell\pard\plain\intbl\
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (25,51
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net increase (decrease) in bank d
eposits\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (6,450\cell\pard\plain\in
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\
l\cf1\f51\fs16\qr 748\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\i
\intbl\cf1\f51\fs16\qr (6,450\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Newly issued debt (maturities lon
ger than 90 days)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\int
4,116\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs1
s16\qr 1,330\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\
1\f51\fs16\qr 27,291\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\in
intbl\cf1\f51\fs16\qr 48,691\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
87\trrh412
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Repayments and other reductions (
maturities longer than\plain\intbl\cf1\f51\fs16\ql 90 days)\cell\pard\plain\int
\intbl\cf1\f51\fs16\qr (68,140\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pa
pard\plain\intbl\cf1\f51\fs16\qr (40,681\cell\pard\plain\intbl\cf1\f51\fs16\ql )
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3,218\cell\pard\plain\intbl\cf1\
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,559\cell\pard\plain\i
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (64,922\cell\pa
87\trrh412\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net dispositions (purchases) of G
E shares for treasury\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain
pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c

qr 484\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs
ll{
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Dividends paid to shareowners\cel
\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,287\cell\pard\plain\intbl\cf1\f51\fs16
\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\f
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (6,705\cell\pard\plain\intbl\cf1
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,287\cell\pard\pl
\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (6,705\cel
l\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\
cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \
u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\
1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Capital contribution from GE to G
ECS\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
f1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\
d\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql
\fs16\ql \~\cell{
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql All other financing activities\ce
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,143\cell\pard\plain\intbl\cf
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,4
6\qr (1,850\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash from (used for) financing ac
d\plain\intbl\cf1\f51\fs16\qr (40,834\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr (28,569\cell\pard\plain\intbl\cf1\f51\fs
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (5,179\cell\pard\
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (38,895\
87\trrh412
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash from (used for) financing ac

ard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\q
l \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl
\u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf
cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard
\~\~\cell{
87\trrh412\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Cash from (used for) financing
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (40,834\cell\pard\plain\int
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (28,569\cell\pard
ard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,
436\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13
16\qr (5,179\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1
f1\f51\fs16\qr (38,895\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain
in\intbl\cf1\f51\fs16\qr (14,743\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Effect of currency exchange rate
changes on cash\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
ll\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cel
lain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plai
cell\pard\plain\intbl\f0\fs16\ql \~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql and equivalents\cell\pard\plain\i
in\intbl\cf1\f51\fs16\qr (1,905\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\p
\pard\plain\intbl\cf1\f51\fs16\qr (34\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (307\cell\pard\plain\intbl\cf1\f51\f
1\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 19\cell\pard\plain\intbl\cf1\
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (53\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql )\~\cell{

87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Increase (decrease) in cash and
equivalents\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf
(9,105\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\f
\fs16\qr (2,875\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\
l\cf1\f51\fs16\qr 12,535\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash and equivalents at beginning
of year\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\par
16\qr 64,540\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\
1\f51\fs16\qr 37,666\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{

87\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash and equivalents at June\~30\
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 52,500\cell\pard\plain\intbl\c
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 61,
87\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less cash and equivalents of disc
ontinued operations at\plain\intbl\cf1\f51\fs16\ql June\~30\cell\pard\plain\int
\intbl\cf1\f51\fs16\qr 118\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pl
ell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\f
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\

87\trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash and equivalents of continuin
g operations at\plain\intbl\cf1\f51\fs16\ql June\~30\cell\pard\plain\intbl\cf1\
f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\c
f1\f51\fs16\qr 73,848\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\
$\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,985\cell\pard\plain\intbl\cf1\f51\fs16
\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 50,017\cell\pard\plain\intb
l\cf1\f51\fs16\ql \~\cell{
87\trrh413\row}}}
rdrcf1\clvertalb\cellx10650\clvertalc\cellx10787\trrh63\row}}}\pard\plain\cf1\f5
1\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf
1\f51\fs9\ql \~
\par\pard\plain
accompanying notes. Separate information is shown for \u8220?GE\u8221? and \u822
0?Financial Services (GECS).\u8221? Transactions between GE\plain\cf1\f51\fs16\q
l and GECS have been eliminated from the \u8220?Consolidated\u8221? columns and
are discussed in Note 17.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\
f51\fs16\qc (6)
8}{\*\bkmkend tx53567_8}\par\pard\plain\cf1\f51\fs16\b\ql Summary of Operating S
egments\par\pard\plain\cf1\f51\fs16\b\ql General Electric Company and consolidat
ed affiliates\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
llx9396\clvertalc\cellx9656\clvertalb\cellx9916\clvertalc\cellx10176\clvertalc\c
ellx10654\clvertalc\cellx10791\trrh-66\trrh0

\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
ellx10654\clvertalc\cellx10791\trrh-66\trrh0\row}}}
b\cellx10660\clvertalb\cellx10797\trrh344
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Three\~months\~ended\~June\~30
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc (Unaudited)\cell\pard\
d\plain\intbl\cf1\f51\fs13\b\qc Six\~months\~ended\~June\~30
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc (Unaudited)\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\cell{
b\cellx10660\clvertalb\cellx10797\trrh344\row}}}
b\cellx8350\clvertalb\cellx8487\clvertalb\cellx8660\clbrdrb\brdrs\brdrcf1\clvert
alb\cellx9398\clvertalb\cellx9658\clvertalb\cellx9918\clbrdrb\brdrs\brdrcf1\clve
rtalb\cellx10656\clvertalb\cellx10793\trrh172
n\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\par
ard\plain\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\
cell{
rtalb\cellx10656\clvertalb\cellx10793\trrh172\row}}}
llx9662\clvertalc\cellx10798\trrh-66\trrh0
l\f0\fs16\ql \~\cell{
llx9662\clvertalc\cellx10798\trrh-66\trrh0\row}}}
b\clshdng100\clcfpat12\clcbpat12\cellx10176\clvertalb\clshdng100\clcfpat12\clcbp
at12\cellx10654\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10791\trrh206

ell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard
\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
at12\cellx10654\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10791\trrh206\row}
}}
vertalb\cellx9656\clvertalb\cellx9916\clvertalb\cellx10176\clvertalb\cellx10654\
clvertalb\cellx10791\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Energy Infrastructure(a)\cell\par
pard\plain\intbl\cf1\f51\fs16\qr 9,540\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $
clvertalb\cellx10791\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Technology Infrastructure(a)\cell
in\intbl\cf1\f51\fs16\ql \~\cell{
}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql NBC Universal\cell\pard\plain\int
fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql GE Capital(a)\cell\pard\plain\int
f51\fs16\ql \~\cell{
}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Home\~& Business Solutions(a)\cel
rtalb\cellx8348\clvertalc\cellx8485\clvertalb\cellx8658\clbrdrt\brdrs\brdrcf1\cl
vertalb\cellx8918\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9396\clvertalc\cellx9656\
clvertalb\cellx9916\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10176\clbrdrt\brdrs\brd
rcf1\clvertalb\cellx10654\clvertalc\cellx10791\trrh29
rcf1\clvertalb\cellx10654\clvertalc\cellx10791\trrh29\row}}}
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Total segment revenues\cell\pard\
}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Corporate items and eliminations\
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 546\cell\pard\plain\intbl\cf1\f51\fs16
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Consolidated revenues\cell\pard
\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\p
}}
clvertalb\cellx8348\clvertalc\cellx8485\clvertalb\cellx8658\clbrdrt\brdrdb\brdrc
f1\clvertalb\cellx8918\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9396\clvertalc\cell
x9656\clvertalb\cellx9916\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10176\clbrdrt\br
drdb\brdrcf1\clvertalb\cellx10654\clvertalc\cellx10791\trrh63
drdb\brdrcf1\clvertalb\cellx10654\clvertalc\cellx10791\trrh63\row}}}

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Segment profit(b)\cell\pard\pla
lain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Energy Infrastructure(a)\cell\par
6\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,391\cell\pard\plain\intbl\cf1\f51
f1\f51\fs16\ql \~\cell{
}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Technology Infrastructure(a)\cell
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql NBC Universal\cell\pard\plain\int
cell\pard\plain\intbl\cf1\f51\fs16\qr 930\cell\pard\plain\intbl\cf1\f51\fs16\ql
\~\cell{
}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql GE Capital(a)\cell\pard\plain\int

\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Home\~& Business Solutions(a)\cel
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 90\cell\pard\plain\intbl\cf1\f51\fs1
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 135\cell\pard\plain\intbl\c
}}
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Total segment profit\cell\pard\pl
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (331\cell\pard\plain\intbl\cf1\f51\fs1
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (538\cell\pard\plain\intbl\cf1\
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (626\cell\pard\plain\int
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (955\cell\pard\pl
}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GE interest and other financial c
harges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\
pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GE provision for income taxes\cel
\cell\pard\plain\intbl\cf1\f51\fs16\qr (986\cell\pard\plain\intbl\cf1\f51\fs16\q
l )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs1
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,774\cell\pard\plain\intb
l\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,739\cell\pard\p
lain\intbl\cf1\f51\fs16\ql )\~\cell{
}}

ns attributable\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
tbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql to\~the Company\cell\pard\plain\i
1\fs16\ql \~\cell{
}}
, net of taxes, attributable\~to the Company\cell\pard\plain\intbl\cf1\f51\fs13\
ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\f
s16\qr (188\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\
1\f51\fs16\qr (194\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\int
ntbl\cf1\f51\fs16\qr (578\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\pl
plain\intbl\cf1\f51\fs16\qr (215\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Consolidated net earnings attri
butable to the Company\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,109\cell\pard\
d\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,689\cell
ll\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,05
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\q
r 5,518\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
}}
drdb\brdrcf1\clvertalb\cellx10654\clvertalc\cellx10791\trrh63\row}}}\pard\plain\
cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\pl
ain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Effe
ctive January\~1, 2010, we reorganized our segments. We have reclassified priorperiod amounts to conform to the current-period presentation.\plain\intbl\cf1\f5
1\fs16\ql See Note 1 for a description of the reorganization.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Segm
ent profit always excludes the effects of principal pension plans, results repor
ted as discontinued operations, earnings attributable to\plain\intbl\cf1\f51\fs1
6\ql noncontrolling interests of consolidated subsidiaries and accounting chang

es, and may exclude matters such as charges for restructuring;\plain\intbl\cf1\f
51\fs16\ql rationalization and other similar expenses; in-process research and
development and certain other acquisition-related charges and balances;\plain\in
tbl\cf1\f51\fs16\ql technology and product development costs; certain gains and
losses from acquisitions or dispositions; and litigation settlements or other c
harges,\plain\intbl\cf1\f51\fs16\ql responsibility for which preceded the curre
nt management team. Segment profit excludes or includes interest and other finan
cial charges and income\plain\intbl\cf1\f51\fs16\ql taxes according to how a pa
rticular segment\u8217?s management is measured \u8211? excluded in determining
segment profit, which we\plain\intbl\cf1\f51\fs16\ql sometimes refer to as \u82
20?operating profit,\u8221? for Energy Infrastructure, Technology Infrastructure
, NBC Universal and Home\~& Business\plain\intbl\cf1\f51\fs16\ql Solutions; inc
luded in determining segment profit, which we sometimes refer to as \u8220?net e
arnings,\u8221? for GE Capital.\cell{
accompanying notes to condensed, consolidated financial statements.\par\pard\pl
ain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (7)
9}{\*\bkmkend tx53567_9}\par\pard\plain\cf1\f51\fs16\b\ql Notes to Condensed, Co
nsolidated Financial Statements (Unaudited)\par\pard\plain\sb88\cf1\f51\fs16\b\q
l 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES\par\pard\plain\sb88\cf1\f51\fs16
\ql The accompanying condensed, consolidated financial statements represent the
consolidation of General Electric Company and all companies that we\plain\cf1\f5
1\fs16\ql directly or indirectly control, either through majority ownership or
otherwise. See Note 1 to the consolidated financial statements for the year ende
d\plain\cf1\f51\fs16\ql December\~31, 2009, included in our Form 8-K filed on M
ay\~6, 2010, which discusses our consolidation and financial statement presentat
ion. As used in\plain\cf1\f51\fs16\ql this report on Form 10-Q (Report) and in
our 2009 consolidated financial statements, \u8220?GE\u8221? represents the addi
ng together of all affiliated\plain\cf1\f51\fs16\ql companies except General El
ectric Capital Services, Inc. (GECS or financial services), which is presented o
n a one-line basis; GECS consists of General\plain\cf1\f51\fs16\ql Electric Cap
ital Services, Inc. and all of its affiliates; and \u8220?Consolidated\u8221? re
presents the adding together of GE and GECS with the effects of\plain\cf1\f51\fs
16\ql transactions between the two eliminated.\par\pard\plain\sb198\cf1\f51\fs1
6\ql Effective January\~1, 2010, we reorganized our segments to better align our
Consumer\~& Industrial and Energy businesses for growth. As a result of this\pl
ain\cf1\f51\fs16\ql reorganization, we created a new segment called Home\~& Bus
iness Solutions that includes the Appliances and Lighting businesses from our pr
evious\plain\cf1\f51\fs16\ql Consumer\~& Industrial segment and the retained po
rtion of the GE Fanuc Intelligent Platforms business of our previous Enterprise
Solutions business\plain\cf1\f51\fs16\ql (formerly within our Technology Infras
tructure segment). In addition, the Industrial business of our previous Consumer
\~& Industrial segment and the\plain\cf1\f51\fs16\ql Sensing\~& Inspection Tech
nologies and Digital Energy businesses of our previous Enterprise Solutions busi
ness are now part of the Energy business\plain\cf1\f51\fs16\ql within the Energ
y Infrastructure segment. The Security business of Enterprise Solutions is repor
ted in Corporate Items and Eliminations for periods prior\plain\cf1\f51\fs16\ql
to its sale in the first quarter of 2010. Also, effective January\~1, 2010, the
Capital Finance segment was renamed GE Capital and includes all of the\plain\cf
1\f51\fs16\ql continuing operations of General Electric Capital Corporation (GE
CC). In addition, the Transportation Financial Services business, previously rep
orted in\plain\cf1\f51\fs16\ql GE Capital Aviation Services (GECAS), is now inc
luded in Commercial Lending and Leasing (CLL) and our Consumer business in Italy
, previously\plain\cf1\f51\fs16\ql reported in Consumer, is now included in CLL
. GE includes Energy Infrastructure, Technology Infrastructure, NBC Universal (N
BCU) and Home\~&\plain\cf1\f51\fs16\ql Business Solutions. GECS includes GE Cap
ital.\par\pard\plain\sb198\cf1\f51\fs16\ql Beginning in the first quarter of 201

0, we have included a separate line on the statement of cash flows for the effec
t of currency exchange rate changes\plain\cf1\f51\fs16\ql on cash and equivalen
ts. We had previously included the effect of currency exchange rate changes on c
ash and equivalents in \u8220?All other operating\plain\cf1\f51\fs16\ql activit
ies\u8221? for GE and \u8220?All other investing activities\u8221? for GECS, as
the effect was insignificant.\par\pard\plain\sb198\cf1\f51\fs16\ql We have recla
ssified certain prior-period amounts to conform to the current-period presentati
on. Unless otherwise indicated, information in these notes to\plain\cf1\f51\fs16
\ql condensed, consolidated financial statements relates to continuing operatio
ns.\par\pard\plain\sb286\cf1\f51\fs16\b\ql Accounting Changes\par\pard\plain\sb8
8\cf1\f51\fs16\ql On January\~1, 2010, we adopted Financial Accounting Standards
Board (FASB) Accounting Standards Update (ASU) 2009-16 and ASU 2009-17,\plain\c
f1\f51\fs16\ql amendments to Accounting Standards Codification (ASC) 860,\plain
\cf1\f51\fs16\i\ql Transfers and Servicing\plain\cf1\f51\fs16\ql , and ASC 81
0,\plain\cf1\f51\fs16\i\ql Consolidation\plain\cf1\f51\fs16\ql , respectively
(ASU 2009-16\~& 17).\plain\cf1\f51\fs16\ql ASU 2009-16 eliminates the Qualifie
d Special Purpose Entity (QSPE) concept, and ASU 2009-17 requires that all such
entities be evaluated for\plain\cf1\f51\fs16\ql consolidation as Variable Inter
est Entities (VIEs). Adoption of these amendments resulted in the consolidation
of all of our sponsored QSPEs. In addition,\plain\cf1\f51\fs16\ql we consolidat
ed assets of VIEs related to direct investments in entities that hold loans and
fixed income securities, a media joint venture and a small\plain\cf1\f51\fs16\ql
number of companies to which we have extended loans in the ordinary course of
business and subsequently were subject to a troubled debt restructuring\plain\cf
1\f51\fs16\ql (TDR).\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\f
s16\qc (8)
l "toc" }{\*\fldrslt\cf3\f52\fs16\b\ql Table of Contents}}\par\pard\plain\cf1\f5
1\fs16\ql We consolidated the assets and liabilities of these entities at amount
s at which they would have been reported in our financial statements had we alwa
ys\plain\cf1\f51\fs16\ql consolidated them. We also deconsolidated certain enti
ties where we did not meet the definition of the primary beneficiary under the r
evised guidance;\plain\cf1\f51\fs16\ql however the effect was insignificant at
January\~1, 2010. The incremental effect on total assets and liabilities, net of
our investment in these entities, was\plain\cf1\f51\fs16\ql an increase of $31
,097 million and $33,042 million, respectively, at January\~1, 2010. The net red
uction of total equity (including noncontrolling interests)\plain\cf1\f51\fs16\q
l was $1,945 million at January\~1, 2010, principally related to the reversal o
f previously recognized securitization gains as a cumulative effect adjustment t
o\plain\cf1\f51\fs16\ql retained earnings. See Note 16 for additional informati
on.\par\pard\plain\sb198\cf1\f51\fs16\ql The amended guidance on ASC 860 changed
existing derecognition criteria in a manner that significantly narrows the type
s of transactions that will\plain\cf1\f51\fs16\ql qualify as sales. The revised
criteria apply to transfers of financial assets occurring after December\~31, 2
009.\par\pard\plain\sb286\cf1\f51\fs16\b\ql Interim Period Presentation\par\pard
\plain\sb88\cf1\f51\fs16\ql The condensed, consolidated financial statements and
notes thereto are unaudited. These statements include all adjustments (consisti
ng of normal recurring\plain\cf1\f51\fs16\ql accruals) that we considered neces
sary to present a fair statement of our results of operations, financial positio
n and cash flows. The results reported in\plain\cf1\f51\fs16\ql these condensed
, consolidated financial statements should not be regarded as necessarily indica
tive of results that may be expected for the entire year. It is\plain\cf1\f51\fs
16\ql suggested that these condensed, consolidated financial statements be read
in conjunction with the financial statements and notes thereto included in our\
plain\cf1\f51\fs16\ql 2009 consolidated financial statements. We label our quar
terly information using a calendar convention, that is, first quarter is labeled
as ending on\plain\cf1\f51\fs16\ql March\~31, second quarter as ending on June
\~30, and third quarter as ending on September\~30. It is our longstanding pract
ice to establish interim quarterly\plain\cf1\f51\fs16\ql 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\plain\cf1\f51\fs16\ql effect
s of this practice are modest and only exist within a reporting year. The fiscal
closing calendar from 1993 through 2013 is available on our website,\plain\cf1\
f51\fs16\ql www.ge.com/secreports.\par\pard\plain\sb286\cf1\f51\fs16\b\ql 2. AS
SETS AND LIABILITIES OF BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS\par
\pard\plain\sb88\cf1\f51\fs16\b\ql Assets and Liabilities of Businesses Held for
Sale\par\pard\plain\sb88\cf1\f51\fs16\b\ql NBC Universal\par\pard\plain\sb88\cf
1\f51\fs16\ql On December\~3, 2009, we entered into an agreement with Comcast Co
rporation to transfer the assets of the NBCU business to a newly formed entity,\
plain\cf1\f51\fs16\ql which will consist of our NBCU businesses and Comcast Cor
poration's cable networks, regional sports networks, certain digital properties
and certain\plain\cf1\f51\fs16\ql unconsolidated investments. Pursuant to the t
ransaction, we currently expect to receive $6,400 million in cash ($7.1 billion
less certain adjustments based\plain\cf1\f51\fs16\ql on various events between
contract signing and closing) and will own a 49% interest in the newly formed en
tity. The transaction is subject to receipt of\plain\cf1\f51\fs16\ql various re
gulatory approvals and is expected to close within the next six months.\par\pard
\plain\sb198\cf1\f51\fs16\ql We also entered into an agreement whereby we will a
cquire approximately 38% of Vivendi\u8217?s interest in NBCU for $2,000 million
on\plain\cf1\f51\fs16\ql September\~26, 2010, if the transaction described abov
e has not yet closed. Provided the transaction subsequently closes, we will acqu
ire the remaining\plain\cf1\f51\fs16\ql Vivendi NBCU interest for $3,578 millio
n and make an additional payment of $222 million related to the previously purch
ased shares. If the entity\plain\cf1\f51\fs16\ql formation transaction closes b
efore September\~26, 2010, we will purchase Vivendi\u8217?s entire ownership int
erest in NBCU (20%)\~for $5,800 million.\par\pard\plain\sb198\cf1\f51\fs16\ql Pr
ior to the sale, NBCU will borrow approximately $9,100 million from third-party
lenders and distribute the cash to us. We expect to realize\plain\cf1\f51\fs16\q
l approximately $7,900 million in cash after debt reduction, transaction fees a
nd the buyout of the Vivendi interest in NBCU.\par\pard\plain\cf1\f51\fs13\ql \~
\par\pard\plain\cf1\f51\fs16\qc (9)
1\fs16\ql With respect to our 49% interest in the newly formed entity, we will h
old redemption rights which, if exercised, cause the entity to purchase half of
our\plain\cf1\f51\fs16\ql ownership interest after 3.5 years and the remaining
half after 7 years subject to certain exceptions, conditions and limitations. Ou
r interest will also be\plain\cf1\f51\fs16\ql subject to call provisions which,
if exercised, allow Comcast Corporation to purchase our interest at specified t
imes subject to certain exceptions. The\plain\cf1\f51\fs16\ql redemption price
for such transactions is determined pursuant to a formula specified in the agree
ment.\par\pard\plain\sb198\cf1\f51\fs16\ql Subsequent to the close of the transa
ction, we will account for our 49% interest in the newly formed entity under the
equity method.\par\pard\plain\sb198\cf1\f51\fs16\ql On March\~19, 2010, NBCU en
tered into a three-year credit agreement and a 364-day bridge loan agreement and
on April\~30, 2010, issued $4,000 million\plain\cf1\f51\fs16\ql of senior, uns
ecured notes with maturities ranging from 2015 to 2040, in connection with the $
9,100 million financing described above. If the transaction\plain\cf1\f51\fs16\q
l has not closed before June\~10, 2011 or such earlier date as the master agree
ment governing the transaction is terminated, NBCU will redeem the senior,\plain
\cf1\f51\fs16\ql unsecured notes at a redemption price equal to 101% of the agg
regate principal amount.\par\pard\plain\sb198\cf1\f51\fs16\ql At June\~30, 2010,
NBCU assets and liabilities of $32,688 million and $10,103 million, respectivel
y, were classified as held for sale. The major classes of\plain\cf1\f51\fs16\ql
assets are current receivables ($1,932 million), property, plant and equipment
\u8211? net ($1,939 million), goodwill and other intangible assets \u8211?\plain
\cf1\f51\fs16\ql net ($22,212 million) and all other assets ($6,482 million), i
ncluding film and television production costs of $4,379 million. The major class
es of liabilities\plain\cf1\f51\fs16\ql are accounts payable ($427 million), ot
her GE current liabilities ($3,751 million), all other liabilities ($1,115 milli
on) and long-term borrowings ($4,810\plain\cf1\f51\fs16\ql million).\par\pard\p
lain\sb198\cf1\f51\fs16\ql At December\~31, 2009, we classified the NBCU assets
and liabilities of $32,150 million and $5,751 million, respectively, as held for
sale. The major\plain\cf1\f51\fs16\ql classes of assets are current receivable
s ($2,136 million), property, plant and equipment \u8211? net ($1,805 million),
goodwill and other intangible assets\plain\cf1\f51\fs16\ql \u8211? net ($21,574
million) and all other assets ($6,514 million), including film and television p
roduction costs of $4,507 million. The major classes of\plain\cf1\f51\fs16\ql l
iabilities are accounts payable ($398 million), other GE current liabilities ($4
,051 million) and all other liabilities ($1,300 million).\par\pard\plain\sb286\c
f1\f51\fs16\b\ql Other\par\pard\plain\sb88\cf1\f51\fs16\ql On February\~28, 2010
, we completed the sale of our Security business for $1,787 million. Assets and
liabilities of $1,780 million and $282 million,\plain\cf1\f51\fs16\ql respectiv
ely, were classified as held for sale at December\~31, 2009.\par\pard\plain\sb19
8\cf1\f51\fs16\ql In June 2010, we committed to sell our GE Capital Consumer bus
inesses in Indonesia and Argentina. Assets of $571 million and liabilities of $2
12\plain\cf1\f51\fs16\ql million were classified as held for sale at June\~30,
2010.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (10)
1\fs16\ql Summarized financial information for businesses held for sale is shown
below.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
{\trowd\trqc\clvertalc\cellx5537\clvertalb\cellx5976\clvertalc\cellx6232\clverta
lc\cellx6710\clvertalb\cellx7149\clvertalc\cellx7563\clvertalc\cellx8203\trrh-66
\trrh0
6\ql \~\cell{
\trrh0\row}}}
{\trowd\trqc\clvertalb\cellx5537\clvertalb\cellx5976\clbrdrb\brdrs\brdrcf1\clver
talb\cellx6711\clvertalb\cellx7150\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8205\trr
h344
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc December\~31,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2009\cell{
h344\row}}}
{\trowd\trqc\clvertalc\cellx5537\clvertalc\cellx6712\clvertalc\cellx8207\trrh-66
\trrh0
\trrh0\row}}}
{\trowd\trqc\clshdng100\clcfpat12\clcbpat12\cellx5537\clvertalb\clshdng100\clcfp
at12\clcbpat12\cellx5976\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx6232\clve
rtalb\clshdng100\clcfpat12\clcbpat12\cellx6710\clvertalb\clshdng100\clcfpat12\cl
cbpat12\cellx7149\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx7563\clvertalb\c
lshdng100\clcfpat12\clcbpat12\cellx8203\trrh206

fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\f
s16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
lshdng100\clcfpat12\clcbpat12\cellx8203\trrh206\row}}}
{\trowd\trqc\cellx5537\clvertalb\cellx5976\clvertalb\cellx6232\clvertalb\cellx67
10\clvertalb\cellx7149\clvertalb\cellx7563\clvertalb\cellx8203\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash and equivalents\cell\pard\pl
\plain\intbl\cf1\f51\fs16\qr 62\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\
pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?
\~\~\cell{
10\clvertalb\cellx7149\clvertalb\cellx7563\clvertalb\cellx8203\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Current receivables\cell\pard\pla
\plain\intbl\cf1\f51\fs16\qr 1,932\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\ce
88\cell{
\fs16\qr \u8212?\~\~\cell{
211? net\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5
bl\cf1\f51\fs16\qr 1,978\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Goodwill\cell\pard\plain\intbl\cf
l\cf1\f51\fs16\qr 19,599\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pl

ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 20,086\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other intangible assets \u8211? n
et\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16
\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1
\f51\fs16\qr 2,866\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql All other assets\cell\pard\plain\
ain\intbl\cf1\f51\fs16\qr 6,484\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\
cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other\cell\pard\plain\intbl\cf1\f
f1\f51\fs16\qr 133\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 372\cell{
{\trowd\trqc\clvertalb\cellx5537\clvertalb\cellx5976\clbrdrt\brdrs\brdrcf1\clver
talb\cellx6232\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6710\clvertalb\cellx7149\clb
rdrt\brdrs\brdrcf1\clvertalb\cellx7563\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8203
\trrh29
ard\plain\intbl\cf1\f51\fs1\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell
\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Assets of businesses held for sal
e\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\
ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 33,289\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f
51\fs16\qr 34,111\cell{
{\trowd\trqc\clvertalb\cellx5537\clvertalb\cellx5976\clbrdrt\brdrdb\brdrcf1\clve
rtalb\cellx6232\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx6710\clvertalb\cellx7149\c
lbrdrt\brdrdb\brdrcf1\clvertalb\cellx7563\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx
8203\trrh63
8203\trrh63\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Liabilities\cell\pard\plain\int
bl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intb
l\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Accounts payable\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\pla
in\intbl\cf1\f51\fs16\qr 448\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\par
d\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 451\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other GE current liabilities\cell
16\qr 4,139\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql All other liabilities\cell\pard\p

rd\plain\intbl\cf1\f51\fs16\qr 1,219\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\
,447\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Long-term borrowings\cell\pard\pl
d\plain\intbl\cf1\f51\fs16\qr 4,810\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2\
cell{
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 53\cell{
\trrh29
\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Liabilities of businesses held fo
r sale\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\
\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\
cf1\f51\fs16\qr 6,092\cell{
8203\trrh63
8203\trrh63\row}}}\pard\plain\sb286\cf1\f51\fs16\b\ql Discontinued Operations\pa
r\pard\plain\sb88\cf1\f51\fs16\ql Discontinued operations comprised GE Money Jap
an (our Japanese personal loan business, Lake, and our Japanese mortgage and car
d businesses,\plain\cf1\f51\fs16\ql excluding our investment in GE Nissen Credi
t Co., Ltd.), our U.S. mortgage business (WMC) and Plastics. Associated results
of operations, financial\plain\cf1\f51\fs16\ql position and cash flows are sepa
rately reported as discontinued operations for all periods presented.\par\pard\p
lain\sb198\cf1\f51\fs16\ql Summarized financial information for discontinued GEC
S operations is shown below.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
lc\cellx6087\clvertalc\cellx6375\clvertalb\cellx6812\clvertalc\cellx7100\clverta
lc\cellx9791\clvertalc\cellx9928\trrh-66\trrh0
lc\cellx9791\clvertalc\cellx9928\trrh-66\trrh0\row}}}
talb\cellx7428\clvertalb\cellx7565\clvertalb\cellx7935\clbrdrb\brdrs\brdrcf1\clv
ertalb\cellx9796\clvertalb\cellx9933\trrh172
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Three\~months\~ended\~June\~30\cell\pard
rd\plain\intbl\cf1\f51\fs13\b\qc Six\~months\~ended\~June\~30\cell\pard\plain\in
tbl\cf1\f51\fs13\ql \~\cell{
ertalb\cellx9796\clvertalb\cellx9933\trrh172\row}}}
ertalb\cellx7427\clvertalb\cellx7564\clvertalb\cellx7934\clbrdrb\brdrs\brdrcf1\c
lvertalb\cellx8520\clvertalb\cellx8780\clvertalb\cellx9209\clbrdrb\brdrs\brdrcf1
\clvertalb\cellx9795\clvertalb\cellx9932\trrh172
cell{
\clvertalb\cellx9795\clvertalb\cellx9932\trrh172\row}}}
{\trowd\trqc\clvertalc\cellx5094\clvertalc\cellx6377\clvertalc\cellx7565\clverta
lshdng100\clcfpat12\clcbpat12\cellx7100\clvertalb\clshdng100\clcfpat12\clcbpat12
\cellx7425\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx7562\clvertalb\clshdng1
00\clcfpat12\clcbpat12\cellx7932\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx8
192\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx8517\clvertalb\clshdng100\clcf
pat12\clcbpat12\cellx8777\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9206\clv
ertalb\clshdng100\clcfpat12\clcbpat12\cellx9466\clvertalb\clshdng100\clcfpat12\c
lcbpat12\cellx9791\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9928\trrh206
\intbl\cf1\f51\fs16\qr (2\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\pl
lain\intbl\cf1\f51\fs16\qr (2\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pa
rd\plain\intbl\cf1\f51\fs16\qr (3\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cel
l\pard\plain\intbl\cf1\f51\fs16\qr (8\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\
cell{
lcbpat12\cellx9791\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9928\trrh206\ro
w}}}
rtalb\cellx5762\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx6087\clvertalc\cellx6375\c
lvertalb\cellx6812\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7100\clbrdrt\brdrdb\brd
rcf1\clvertalb\cellx7425\clvertalc\cellx7562\clvertalb\cellx7932\clbrdrt\brdrdb\
brdrcf1\clvertalb\cellx8192\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8517\clvertalc
\cellx8777\clvertalb\cellx9206\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9466\clbrdr
t\brdrdb\brdrcf1\clvertalb\cellx9791\clvertalc\cellx9928\trrh63
t\brdrdb\brdrcf1\clvertalb\cellx9791\clvertalc\cellx9928\trrh63\row}}}
87\clvertalb\cellx6375\clvertalb\cellx6812\clvertalb\cellx7100\clvertalb\cellx74
pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\par
intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\int
bl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Loss from operations\cell\pard\pl
\plain\intbl\cf1\f51\fs16\qr (3\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\p
ard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\
pard\plain\intbl\cf1\f51\fs16\qr (62\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\c
cell\pard\plain\intbl\cf1\f51\fs16\qr (9\cell\pard\plain\intbl\cf1\f51\fs16\ql )
l $\cell\pard\plain\intbl\cf1\f51\fs16\qr (70\cell\pard\plain\intbl\cf1\f51\fs16
\ql )\~\cell{
w}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Loss on disposal\cell\pard\plain\
ain\intbl\cf1\f51\fs16\qr (185\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pa
pard\plain\intbl\cf1\f51\fs16\qr (131\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\
1\fs16\ql )\~\cell{
talb\cellx5762\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6087\clvertalc\cellx6375\clv
ertalb\cellx6812\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7100\clbrdrt\brdrs\brdrcf1
\clvertalb\cellx7425\clvertalc\cellx7562\clvertalb\cellx7932\clbrdrt\brdrs\brdrc
f1\clvertalb\cellx8192\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8517\clvertalc\cellx
8777\clvertalb\cellx9206\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9466\clbrdrt\brdrs
\brdrcf1\clvertalb\cellx9791\clvertalc\cellx9928\trrh29
\brdrcf1\clvertalb\cellx9791\clvertalc\cellx9928\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total loss from discontinued oper
ations, net of taxes\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\
intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (188\cell\pard\pla
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (193\cell\pa
\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (575\c
~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr
(197\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
w}}}
t\brdrdb\brdrcf1\clvertalb\cellx9791\clvertalc\cellx9928\trrh63\row}}}\pard\plai
n\sb198\cf1\f51\fs16\ql Assets of GECS discontinued operations were $1,203 milli
on and $1,470 million at June\~30, 2010 and December\~31, 2009, respectively, an
d primarily\plain\cf1\f51\fs16\ql comprised a deferred tax asset for a loss car
ryforward, which expires in 2015, related to the sale of our GE Money Japan busi
ness. Liabilities of GECS\plain\cf1\f51\fs16\ql discontinued operations were $1
,214 million and $1,138 million at June\~30, 2010 and December\~31, 2009, respec
tively. During the first six months of\plain\cf1\f51\fs16\ql 2010, we recorded
incremental reserves of $566 million related to interest refund claims on the 20
08 sale of GE Money Japan. During the first quarter of\plain\cf1\f51\fs16\ql 20
10, we also reduced tax reserves by $325 million related to resolution of an unc
ertain tax position in Japan, but were required to record an offsetting\plain\cf
1\f51\fs16\ql valuation allowance on our deferred tax asset in Japan.\par\pard\
plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (11)
1\fs16\b\ql GE Money Japan\par\pard\plain\sb88\cf1\f51\fs16\ql During the third
quarter of 2007, we committed to a plan to sell Lake upon determining that, desp
ite restructuring, Japanese regulatory limits for interest\plain\cf1\f51\fs16\ql
charges on unsecured personal loans did not permit us to earn an acceptable re
turn. During the third quarter of 2008, we completed the sale of GE Money\plain\
cf1\f51\fs16\ql Japan, which included Lake, along with our Japanese mortgage an
d card businesses, excluding our investment in GE Nissen Credit Co., Ltd. As a r
esult,\plain\cf1\f51\fs16\ql we recognized an after-tax loss of $908 million in
2007 and an incremental loss in 2008 of $361 million. In connection with the sa
le, we reduced the\plain\cf1\f51\fs16\ql proceeds on the sale for estimated int
erest refund claims in excess of the statutory interest rate. Proceeds from the
sale may be increased or decreased\plain\cf1\f51\fs16\ql based on the actual cl
aims experienced in accordance with loss-sharing terms specified in the agreemen
t, with all claims in excess of 258 billion Japanese\plain\cf1\f51\fs16\ql Yen
(approximately $2,900 million) remaining our responsibility. The underlying port
folio to which this obligation relates is in runoff and interest rates\plain\cf1
\f51\fs16\ql were capped for all designated accounts by mid-2009.\par\pard\plai
n\sb198\cf1\f51\fs16\ql We update our estimate of our share of expected losses q
uarterly. We recorded a reserve of $132 million in the second quarter of 2009 fo
r our estimated\plain\cf1\f51\fs16\ql share of incremental losses under the los
s-sharing provisions of the agreement based on our experience at that time. In t
he last several months, our overall\plain\cf1\f51\fs16\ql claims experience has
developed unfavorably. While the number of new claims continues to decline from
2009, the pace of the decline has been slower\plain\cf1\f51\fs16\ql than expec
ted and claims severity has increased. We believe that the level of excess inter
est refund claims has been impacted by the challenging global\plain\cf1\f51\fs16
\ql economic conditions, in addition to Japanese legislative and regulatory cha
nges. During the first quarter of 2010, we accrued $380 million of incremental\p
lain\cf1\f51\fs16\ql reserves for these claims. In the second quarter of 2010,
we accrued an additional $186 million of reserves for these claims. As of June\~
30, 2010, our\plain\cf1\f51\fs16\ql liability for reimbursement of claims in ex
cess of the statutory interest rate was $697 million.\par\pard\plain\sb198\cf1\f
51\fs16\ql The amount of these reserves is based on analyses of recent and histo
rical claims experience, pending and estimated future excess interest refund req
uests,\plain\cf1\f51\fs16\ql the estimated percentage of customers who present
valid requests, and our estimated payments related to those requests. We continu
e to monitor incoming\plain\cf1\f51\fs16\ql claims activity relative to our exp
ected claims levels. Our current expectations are that the pace of incoming clai
ms continues to decelerate, average\plain\cf1\f51\fs16\ql exposure per claim re
mains consistent with recent levels and we see the impact of our loss mitigation
efforts. Estimating the pace of decline in incoming\plain\cf1\f51\fs16\ql clai
ms can have a significant impact on the total amount of our liability. For examp
le, our current model assumes incoming claims continue to decline at\plain\cf1\f
51\fs16\ql a rate of 11%\~per month. June daily claims declined at a rate highe
r than assumed in our model. Holding all other assumptions constant, if claims w
ere to\plain\cf1\f51\fs16\ql decline at rates of 9%, 6% or 3% and we assume no
impact from our loss mitigation efforts, our estimate of our liability would inc
rease by approximately\plain\cf1\f51\fs16\ql $100 million, $400 million and $1,
200 million, respectively.\par\pard\plain\sb198\cf1\f51\fs16\ql Uncertainties ar
ound the impact of laws and regulations, challenging economic conditions, the ru
noff status of the underlying book of business and the\plain\cf1\f51\fs16\ql ef
fects of our mitigation efforts make it difficult to develop a meaningful estima
te of the aggregate possible claims exposure. Recent trends, including the\plain
\cf1\f51\fs16\ql effect of governmental actions, may continue to have an advers
e effect on claims development. We will continue to review our estimated exposur
e\plain\cf1\f51\fs16\ql quarterly, and make adjustments if required.\par\pard\p
lain\sb198\cf1\f51\fs16\ql GE Money Japan revenues from discontinued operations
were an insignificant amount in both the second quarter of 2010 and 2009 and bot
h the first six\plain\cf1\f51\fs16\ql months of 2010 and 2009, respectively. In

total, GE Money Japan losses from discontinued operations, net of taxes, were $
188 million and $136 million\plain\cf1\f51\fs16\ql in the second quarters of 20
10 and 2009, respectively, and $571 million and $132 million in the first six mo
nths of 2010 and 2009, respectively.\par\pard\plain\sb286\cf1\f51\fs16\b\ql WMC\
par\pard\plain\sb88\cf1\f51\fs16\ql During the fourth quarter of 2007, we comple
ted the sale of WMC, our U.S. mortgage business. WMC revenues from discontinued
operations were $(2)\plain\cf1\f51\fs16\ql million in both the second quarters
of 2010 and 2009, and $(3) million and $(9) million in the first six months of 2
010 and 2009, respectively. In total,\plain\cf1\f51\fs16\ql WMC\u8217?s earning
s (loss) from discontinued operations, net of taxes, were $1 million and $(5) mi
llion in the second quarters of 2010 and 2009,\plain\cf1\f51\fs16\ql respective
ly, and $(3) million and $(11) million in the first six months of 2010 and 2009,
respectively.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc
(12)
1\fs16\b\ql GE Industrial\par\pard\plain\sb88\cf1\f51\fs16\ql GE industrial loss
from discontinued operations, net of taxes, were $1 million in the second quart
er of 2009 and $3 million and $18 million in the first\plain\cf1\f51\fs16\ql si
x months of 2010 and 2009, respectively. There were no GE industrial losses from
discontinued operations in the second quarter of 2010. The sum of\plain\cf1\f51
\fs16\ql GE industrial loss from discontinued operations, net of taxes, and GEC
S loss from discontinued operations, net of taxes, are reported as GE industrial
loss\plain\cf1\f51\fs16\ql from discontinued operations, net of taxes, on the
Condensed Statement of Earnings.\par\pard\plain\sb198\cf1\f51\fs16\ql Assets of
GE industrial discontinued operations were $50 million at both June\~30, 2010 an
d December\~31, 2009. Liabilities of GE industrial discontinued\plain\cf1\f51\fs
16\ql operations were $167 million and $163 million at June\~30, 2010, and Dece
mber\~31, 2009, respectively, and primarily represent taxes payable and pension\
plain\cf1\f51\fs16\ql liabilities related to the sale of our Plastics business
in 2007.\par\pard\plain\sb286\cf1\f51\fs16\b\ql 3. INVESTMENT SECURITIES\par\par
d\plain\sb88\cf1\f51\fs16\ql Substantially all of our investment securities are
classified as available-for-sale. These comprise mainly investment-grade debt se
curities supporting\plain\cf1\f51\fs16\ql obligations to annuitants and policyh
olders in our run-off insurance operations and holders of guaranteed investment
contracts (GICs) in Trinity (which\plain\cf1\f51\fs16\ql ceased issuing new inv
estment contracts beginning in the first quarter of 2010), and investment securi
ties held at our global banks. None of our securities\plain\cf1\f51\fs16\ql are
classified as held to maturity.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
llx4215\clvertalb\cellx4334\clvertalc\cellx4656\clvertalc\cellx5296\clvertalc\ce
llx7485\clvertalb\cellx7584\clvertalc\cellx7906\clvertalc\cellx8546\clvertalb\ce
rrh0

cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
rrh0\row}}}
cell\pard\plain\intbl\cf1\f51\fs13\b\qc At\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\cell{
b\cellx10661\clvertalb\cellx10798\trrh172
cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30, 2010\cell\pard\plain\intbl\cf1
f1\f51\fs13\b\qc December\~31, 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cel
l{
b\cellx10661\clvertalb\cellx10798\trrh172\row}}}
b\cellx4215\clvertalb\cellx4334\clbrdrb\brdrs\brdrcf1\clvertalb\cellx5296\clvert
clvertalb\cellx8666\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9628\clvertalb\cellx976
5\clvertalb\cellx9864\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10653\clvertalb\cellx
10790\trrh516
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Amortized
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc cost\cell\pard\plain\i
\intbl\cf1\f51\fs13\b\qc Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc unrealized
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc gains\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc losses\cell\pard\plain
in\intbl\cf1\f51\fs13\b\qc Estimated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc fair value\cell\pard\p
\plain\intbl\cf1\f51\fs13\b\qc Amortized
\intbl\cf1\f51\fs13\b\qc Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc gains\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
5\clvertalb\cellx9864\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10653\clvertalb\cellx
10790\trrh516\row}}}
cell{
at12\cellx9764\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9863\clvertalb\clsh
dng100\clcfpat12\clcbpat12\cellx10173\clvertalb\clshdng100\clcfpat12\clcbpat12\c
ellx10651\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10788\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql GE\cell\pard\plain\intbl\cf1\f5
1\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16
\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql
\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\

n\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
ellx10651\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10788\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Debt \u8211? U.S.\plain\intbl\cf1
\f51\fs16\ql corporate\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 4\cell\pard\pla
lain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\c
$\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f5
1\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf
1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 4\cell\pard\plain\intbl\cf
cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 12\cell\pard\plain\intbl
bl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 4\cell\pard\plain\int
bl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\
intbl\cf1\f51\fs16\qr (1\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr 15\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Equity \u8211?\plain\intbl\cf1\f5
1\fs16\ql available-for-sale\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 17\cell\
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 14\cell\par
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1\cell\
\f51\fs16\ql \~\cell{
rtalb\cellx4215\clvertalb\cellx4334\clbrdrt\brdrs\brdrcf1\clvertalb\cellx4656\cl
brdrt\brdrs\brdrcf1\clvertalb\cellx5296\clvertalc\cellx5433\clvertalb\cellx5526\
clbrdrt\brdrs\brdrcf1\clvertalb\cellx5836\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6
314\clvertalc\cellx6451\clvertalb\cellx6544\clbrdrt\brdrs\brdrcf1\clvertalb\cell
x6870\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7348\clvertalc\cellx7485\clvertalb\ce
llx7584\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7906\clbrdrt\brdrs\brdrcf1\clvertal
b\cellx8546\clvertalb\cellx8665\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8987\clbrdr
t\brdrs\brdrcf1\clvertalb\cellx9627\clvertalc\cellx9764\clvertalb\cellx9863\clbr
drt\brdrs\brdrcf1\clvertalb\cellx10173\clbrdrt\brdrs\brdrcf1\clvertalb\cellx1065
\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\~\ce
ll\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\ce
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 21\cel
ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 21\cell\pard\
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 26\cell\p
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5\cel
\cell\pard\plain\intbl\cf1\f51\fs16\qr (1\cell\pard\plain\intbl\cf1\f51\fs16\ql
6\ql \~\cell{
cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql GECS\cell\pard\plain\intbl\cf1\
cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\c
\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pl
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Debt\cell\pard\plain\intbl\cf1\f5
\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\
n\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql U.S. corporate\cell\pard\plain\in
ard\plain\intbl\cf1\f51\fs16\qr 1,691\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~
(442\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs1
\intbl\cf1\f51\fs16\qr 981\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\

\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql State and municipal\cell\pard\pla
\plain\intbl\cf1\f51\fs16\qr 2,876\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell
r (207\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\f
\fs16\qr 2,777\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf
cf1\f51\fs16\qr 2,006\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\i
\intbl\cf1\f51\fs16\qr 34\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (246\cell\pa
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Residential\plain\intbl\cf1\f51\f
s16\ql mortgage-\plain\intbl\cf1\f51\fs16\ql backed(a)\cell\pard\plain\intbl\c
bl\cf1\f51\fs16\qr 3,455\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plai
ain\intbl\cf1\f51\fs16\qr 123\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (492\cel
16\qr 4,005\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f
\f51\fs16\qr 79\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (766\cell\pard\plain\i
\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Commercial\plain\intbl\cf1\f51\fs
16\ql mortgage-backed\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai
cell\pard\plain\intbl\cf1\f51\fs16\qr (260\cell\pard\plain\intbl\cf1\f51\fs16\ql
)\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 89\cell\pard\plain\in
n\intbl\cf1\f51\fs16\qr (440\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard
ll{
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Asset-backed\cell\pard\plain\intb
intbl\cf1\f51\fs16\qr 2,908\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\p
fs16\qr 2,994\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1

f1\f51\fs16\qr 48\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\int
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (305\cell\pard\plain
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Corporate \u8211?\plain\intbl\cf1
\f51\fs16\ql non-U.S.\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai
ell\pard\plain\intbl\cf1\f51\fs16\qr (104\cell\pard\plain\intbl\cf1\f51\fs16\ql
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 59\cell\pard\plain\int
\intbl\cf1\f51\fs16\qr (50\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\p
{
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Government\plain\intbl\cf1\f51\fs
16\ql \u8211?\plain\intbl\cf1\f51\fs16\ql non-U.S.\cell\pard\plain\intbl\cf1\f
f1\f51\fs16\qr 2,585\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\in
intbl\cf1\f51\fs16\qr 78\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (43\cell\pard
s16\qr 63\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,936\cell\pard\plain\
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql U.S. government\plain\intbl\cf1\f
51\fs16\ql and federal\plain\intbl\cf1\f51\fs16\ql agency\cell\pard\plain\intb
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (26\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
1\f51\fs16\qr 46\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intb
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Retained interests(b)\cell\pard\p
rd\plain\intbl\cf1\f51\fs16\qr 58\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\
l\pard\plain\intbl\cf1\f51\fs16\qr 9\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\
cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (
6\qr 41\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\f
cf1\f51\fs16\qr 392\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (40\cell\pard\plai
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Equity\cell\pard\plain\intbl\cf1\
\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pl
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Available-for-sale\cell\pard\plai
pard\plain\intbl\cf1\f51\fs16\qr 123\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\
1\fs16\qr 489\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (5\cell\pard\plain\
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Trading\cell\pard\plain\intbl\cf1
\cf1\f51\fs16\qr 420\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\in
intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cel
51\fs16\qr 420\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf
cf1\f51\fs16\qr 720\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\int
ntbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u821
2?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\
1\fs16\qr 720\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 41,430
r 2,527\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,874\cell\pard\plain\intbl\c
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,637\cell\pard\plain\intbl\cf1\f51\
fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Eliminations\cell\pard\plain\in
n\intbl\cf1\f51\fs16\qr (2\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\p
l\cf1\f51\fs16\qr (2\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\i
\intbl\cf1\f51\fs16\qr (2\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\pl
\cf1\f51\fs16\qr (2\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total\cell\pard\plain\intbl\cf1\f
51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf
tbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr 2,527\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,874\cell\
l \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\
\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f5
1\fs16\qr 2,038\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,638\cell\pard\plain\
in\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 51,941\cell\par
clvertalb\cellx4215\clvertalb\cellx4334\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx46
56\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5296\clvertalc\cellx5433\clvertalb\cell
x5526\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5836\clbrdrt\brdrdb\brdrcf1\clvertal
b\cellx6314\clvertalc\cellx6451\clvertalb\cellx6544\clbrdrt\brdrdb\brdrcf1\clver
talb\cellx6870\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7348\clvertalc\cellx7485\cl
vertalb\cellx7584\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7906\clbrdrt\brdrdb\brdr
cf1\clvertalb\cellx8546\clvertalb\cellx8665\clbrdrt\brdrdb\brdrcf1\clvertalb\cel
lx8987\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9627\clvertalc\cellx9764\clvertalb\
cellx9863\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10173\clbrdrt\brdrdb\brdrcf1\clv
ertalb\cellx10651\clvertalc\cellx10788\trrh63
clvertalb\cellx4215\clvertalb\cellx4334\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx46
lx8987\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9627\clvertalc\cellx9764\clvertalb\
cellx9863\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10173\clbrdrt\brdrdb\brdrcf1\clv
ertalb\cellx10651\clvertalc\cellx10788\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \
~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\
ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Subs
tantially collateralized by U.S. mortgages. Of our total RMBS portfolio at June\
~30, 2010, $2,039 million relates to securities issued by\plain\intbl\cf1\f51\fs
16\ql government sponsored entities and $1,047 million relates to securities of
private label issuers. Securities issued by private label issuers are\plain\int
bl\cf1\f51\fs16\ql collateralized primarily by pools of individual direct mortg
age loans of individual financial institutions.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl

uded $1,918 million of retained interests at December\~31, 2009 accounted for at
fair value in accordance with ASC 815,\plain\intbl\cf1\f51\fs16\i\ql Derivativ
es and\plain\intbl\cf1\f51\fs16\i\ql Hedging\plain\intbl\cf1\f51\fs16\ql . See
Note 16.\cell{
{\trowd\cellx432\cellx10800\trrh413\row}}}\pard\plain\cf1\f51\fs13\ql \~\par\par
d\plain\cf1\f51\fs16\qc (13)
1\fs16\ql The fair value of investment securities decreased to $42,102 million a
t June\~30, 2010, from $51,941 million at December\~31, 2009, primarily driven b
y a\plain\cf1\f51\fs16\ql decrease in retained interests as a result of our ado
ption of ASU 2009-16\~& 17 and maturities, partially offset by improved market c
onditions.\par\pard\plain\sb198\cf1\f51\fs16\ql The following tables present the
estimated fair values and gross unrealized losses of our available-for-sale inv
estment securities.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
lc\cellx5744\clvertalb\cellx6095\clvertalc\cellx6417\clvertalc\cellx7057\clverta
lb\cellx8829\clvertalc\cellx9151\clvertalc\cellx9791\clvertalc\cellx9928\trrh-66
\trrh0
intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
lb\cellx8829\clvertalc\cellx9151\clvertalc\cellx9791\clvertalc\cellx9928\trrh-66
\trrh0\row}}}
talb\cellx9797\clvertalb\cellx9934\trrh172
cell\pard\plain\intbl\cf1\f51\fs13\b\qc In loss position for\cell\pard\plain\int
bl\cf1\f51\fs13\ql \~\cell{
talb\cellx9797\clvertalb\cellx9934\trrh172\row}}}
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Less than 12 months\cell\pard\plain\intb
tbl\cf1\f51\fs13\b\qc 12 months or more\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
\cell{
talb\cellx5745\clvertalb\cellx6096\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7058\clv
ertalb\cellx7195\clvertalb\cellx7529\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8480\c
lvertalb\cellx8831\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9793\clvertalb\cellx9930
\trrh516
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Estimated

lain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
lain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
lvertalb\cellx8831\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9793\clvertalb\cellx9930
\trrh516\row}}}
ertalb\clshdng100\clcfpat12\clcbpat12\cellx9928\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql June\~30, 2010\cell\pard\plain\
ntbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\in
tbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\f
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16
\~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\ce
ll\pard\plain\intbl\f0\fs16\ql \~\cell{
ertalb\clshdng100\clcfpat12\clcbpat12\cellx9928\trrh206\row}}}
pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p

\intbl\cf1\f51\fs16\qr 1,373\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\par
d\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (43\cell\p
l\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,216
6\ql )\~\cell{
\plain\intbl\cf1\f51\fs16\qr 431\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (23\c
531\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
1\fs16\ql )\~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Residential mortgage-backed\cell\
qr (2\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs
fs16\qr 1,356\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
bl\cf1\f51\fs16\ql )\~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Commercial mortgage-backed\cell\p
r (3\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs1
s16\qr 1,327\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (257\cell\pard\plain\intb
l\cf1\f51\fs16\ql )\~\cell{
intbl\cf1\f51\fs16\qr 192\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (22\cell\par
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 959\ce
ql )\~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Corporate \u8211? non-U.S.\cell\p
r (32\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs
fs16\qr 726\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1
cf1\f51\fs16\ql )\~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Government \u8211? non-U.S.\cell\
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql U.S. government and federal agenc
1\fs16\qr (26\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf
cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Retained interests\cell\pard\plai
\cf1\f51\fs16\qr 14\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\i
n\intbl\cf1\f51\fs16\ql )\~\cell{
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6\cell\pard\
ard\plain\intbl\cf1\f51\fs16\qr (1\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cel
l{
\clvertalc\cellx7194\clvertalb\cellx7528\clbrdrt\brdrs\brdrcf1\clvertalb\cellx78
38\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8478\clvertalb\cellx8829\clbrdrt\brdrs\b
rdrcf1\clvertalb\cellx9151\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9791\clvertalc\c
ellx9928\trrh29
ellx9928\trrh29\row}}}
1\f51\fs16\qr 4,723\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (192\cell\pard\plai
rd\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell
\pard\plain\intbl\cf1\f51\fs16\qr (1,682\cell\pard\plain\intbl\cf1\f51\fs16\ql )
\~\cell{
7057\clvertalc\cellx7194\clvertalb\cellx7528\clbrdrt\brdrdb\brdrcf1\clvertalb\ce
llx7838\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8478\clvertalb\cellx8829\clbrdrt\b
rdrdb\brdrcf1\clvertalb\cellx9151\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9791\clv
ertalc\cellx9928\trrh63

ertalc\cellx9928\trrh63\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql December\~31, 2009\cell\pard\pl
in\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai
f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\
3\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \
~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p
d\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (88\cell\p
6\ql )\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (129\
r 535\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (117\cell\pard\plain\intbl\cf1\f
51\fs16\ql )\~\cell{
qr (14\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\f
\fs16\qr 1,678\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\
tbl\cf1\f51\fs16\ql )\~\cell{
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (435\cell\pard\plain\intb
intbl\cf1\f51\fs16\qr 126\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p
6\ql )\~\cell{

r (18\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs
plain\intbl\cf1\f51\fs16\qr 208\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\
27\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (24\cell\pard\plain\intbl\cf1\f51\f
s16\ql )\~\cell{
cf1\f51\fs16\qr 92\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\in
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 10\cell\pard\p
rd\plain\intbl\cf1\f51\fs16\qr (3\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell
{
ellx9928\trrh29

ntbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (287\cell\pard\plai
)\~\cell{
ertalc\cellx9928\trrh63
ertalc\cellx9928\trrh63\row}}}\pard\plain\sb198\cf1\f51\fs16\ql We adopted amend
ments to ASC 320 and recorded a cumulative effect adjustment to increase retaine
d earnings as of April\~1, 2009 of $62 million.\par\pard\plain\sb198\cf1\f51\fs1
6\ql We regularly review investment securities for impairment using both qualita
tive and quantitative criteria. We presently do not intend to sell our debt\plai
n\cf1\f51\fs16\ql securities and believe that it is not more likely than not th
at we will be required to sell these securities that are in an unrealized loss p
osition before\plain\cf1\f51\fs16\ql recovery of our amortized cost. We believe
that the unrealized loss associated with our equity securities will be recovere
d within the foreseeable future.\plain\cf1\f51\fs16\ql The methodologies and si

gnificant inputs used to measure the amount of credit loss for our investment se
curities during the first six months of 2010 have\plain\cf1\f51\fs16\ql not cha
nged from those described in our 2009 consolidated financial statements. See Not
e 3 in our 2009 consolidated financial statements, for additional\plain\cf1\f51\
fs16\ql information regarding these methodologies and inputs.\par\pard\plain\cf
1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (14)
1\fs16\ql During the second quarter of 2010, we recorded pre-tax, other-than-tem
porary impairments of $101 million, of which $56 million was recorded through\pl
ain\cf1\f51\fs16\ql earnings and $45 million was recorded in accumulated other
comprehensive income (AOCI). At April\~1, 2010, cumulative impairments recognize
d in\plain\cf1\f51\fs16\ql earnings associated with debt securities still held
were $381 million. During the second quarter, we recognized first time impairmen
ts of $36 million and\plain\cf1\f51\fs16\ql incremental charges on previously i
mpaired securities of $17 million. These amounts included $7 million related to
securities that were subsequently sold.\par\pard\plain\sb198\cf1\f51\fs16\ql Dur
ing the six months of 2010, we recorded pre-tax, other-than-temporary impairment
s of $259 million, of which $135 million was recorded through\plain\cf1\f51\fs16
\ql earnings and $124 million was recorded in AOCI. At January\~1, 2010, cumula
tive impairments recognized in earnings associated with debt securities still\pl
ain\cf1\f51\fs16\ql held were $340 million. During the first six months of 2010
, we recognized first time impairments of $92 million and incremental charges on
previously\plain\cf1\f51\fs16\ql impaired securities of $35 million. These amo
unts included $39 million related to securities that were subsequently sold.\par
\pard\plain\sb198\cf1\f51\fs16\ql During the three months ended June\~30, 2009,
we recorded pre-tax, other-than-temporary impairments of $306 million, of which
$205 million was\plain\cf1\f51\fs16\ql recorded through earnings, and $101 mill
ion was recorded in AOCI. At April\~1, 2009 cumulative impairments recognized in
earnings associated with debt\plain\cf1\f51\fs16\ql securities still held were
$258 million. During the second quarter, we recognized first time impairments o
f $26 million and incremental charges on\plain\cf1\f51\fs16\ql previously impai
red securities of $150 million. There were no securities sold that had previousl
y been impaired.\par\pard\plain\sb198\cf1\f51\fs16\ql During the first six month
s ended June\~30, 2009, we recognized impairments of $603 million. Of the $603 m
illion, $33 million was reclassified to\plain\cf1\f51\fs16\ql retained earnings
at April\~1, 2009, as a result of the amendments to ASC 320,\plain\cf1\f51\fs16
\i\ql Investments \u8211? Debt and Equity Securities\plain\cf1\f51\fs16\ql .
Subsequent to April\~1,\plain\cf1\f51\fs16\ql 2009, first time and incremental
credit impairments were $26 million and $150 million, respectively. There were n
o securities sold that had previously\plain\cf1\f51\fs16\ql been impaired.\par\
pard\plain\sb286\cf1\f51\fs16\b\ql Contractual Maturities of GECS Investment in
Available-for-Sale Debt Securities (Excluding Mortgage-Backed and Asset-Backed S
ecurities)\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\trrh0
6\ql \~\cell{
\trrh0\row}}}
h344

fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Amortized
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Estimated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc fair value\cell{
h344\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Due in\cell\pard\plain\intbl\cf1\
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs1
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql 2010\cell\pard\plain\intbl\cf1\f5
1\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1
\f51\fs16\qr 2,878\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,907\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql 2011-2014\cell\pard\plain\intbl\c
bl\cf1\f51\fs16\qr 6,221\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pl
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql 2015-2019\cell\pard\plain\intbl\c
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql 2020 and later\cell\pard\plain\in
n\intbl\cf1\f51\fs16\qr 17,755\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p
cell{
lshdng100\clcfpat12\clcbpat12\cellx8205\trrh206\row}}}\pard\plain\sb198\cf1\f51\
fs16\ql We expect actual maturities to differ from contractual maturities becaus
e borrowers have the right to call or prepay certain obligations.\par\pard\plain
\sb198\cf1\f51\fs16\ql Supplemental information about gross realized gains and l
osses on available-for-sale investment securities follows.\par\pard\plain\cf1\f5
1\fs18\ql \~
\par\pard\plain
cell{
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pa
\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\in
s16\ql \~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Gains\cell\pard\plain\intbl\cf1\f
lain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\
l $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\
cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql \~\~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Losses, including impairments\cel
\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (172
\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net\cell\pard\plain\intbl\cf1\f51
\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\pl
plain\intbl\cf1\f51\fs16\qr (107\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\
l\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs1
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (172\cell\pard\plain\intbl\cf1
\f51\fs16\ql )\~\cell{
\fs16\ql \~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Gains\cell\pard\plain\intbl\cf1\f
f1\f51\fs16\qr 40\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl
bl\cf1\f51\fs16\qr 35\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\i
plain\intbl\cf1\f51\fs16\qr 59\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Losses, including impairments\cel
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (115\cell\pard\plain\intbl\cf1\f51\
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (144\cell\pard\plain\intbl\c

l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (354\cell\pard\plain\
intbl\cf1\f51\fs16\ql )\~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net\cell\pard\plain\intbl\cf1\f51
\f51\fs16\qr (22\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl
bl\cf1\f51\fs16\qr (80\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain
in\intbl\cf1\f51\fs16\qr (11\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard
rd\plain\intbl\cf1\f51\fs16\qr (295\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\ce
ll{
1\f51\fs16\qr (22\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intb
l\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\int
bl\cf1\f51\fs16\qr (187\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plai
n\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\pla
in\intbl\cf1\f51\fs16\qr (11\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard
d\plain\intbl\cf1\f51\fs16\qr (467\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cel
l{
w}}}
n\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (15)
1\fs16\ql Although we generally do not have the intent to sell any specific secu
rities at the end of the period, in the ordinary course of managing our investme
nt\plain\cf1\f51\fs16\ql securities portfolio, we may sell securities prior to
their maturities for a variety of reasons, including diversification, credit qua
lity, yield and liquidity\plain\cf1\f51\fs16\ql requirements and the funding of
claims and obligations to policyholders. In some of our bank subsidiaries, we m
aintain a certain level of purchases and\plain\cf1\f51\fs16\ql sales volume pri
ncipally of non-U.S. government debt securities. In these situations, fair value
approximates carrying value for these securities.\par\pard\plain\sb198\cf1\f51\
fs16\ql Proceeds from investment securities sales and early redemptions by the i
ssuer totaled $3,641 million and $1,491 million in the second quarters of 2010\p
lain\cf1\f51\fs16\ql and 2009, respectively, and $7,588 million and $3,633 mill
ion in the first six months of 2010 and 2009, respectively, principally from the
sales of\plain\cf1\f51\fs16\ql short-term securities in our bank subsidiaries.
\par\pard\plain\sb198\cf1\f51\fs16\ql We recognized net pre-tax gains on trading
securities of $4 million and $204 million in the second quarters of 2010 and 20
09, respectively, and $19\plain\cf1\f51\fs16\ql million and $244 million in the
first six months of 2010 and 2009, respectively.\par\pard\plain\sb286\cf1\f51\f
s16\b\ql 4. INVENTORIES\par\pard\plain\sb88\cf1\f51\fs16\ql Inventories consiste
d of the following.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
cell{
\~\cell{
\intbl\cf1\f51\fs13\b\qc December\~31,
\trrh0
\trrh0\row}}}
\cellx8067\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx8204\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Raw materials and work in process
l $\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,894\cell\pard\plain\intbl\cf1\f51\fs
fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 7,581\cell\pard\plain\intbl\cf1\
f51\fs16\ql \~\cell{
\cellx8067\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx8204\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Finished goods\cell\pard\plain\in
ll{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Unbilled shipments\cell\pard\plai
ll{
\clvertalb\cellx8067\clvertalc\cellx8204\trrh29
\clvertalb\cellx8067\clvertalc\cellx8204\trrh29\row}}}
r 12,516\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less revaluation to LIFO\cell\par
\pard\plain\intbl\cf1\f51\fs16\qr (493\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~
\ql )\~\cell{
ntbl\cf1\f51\fs16\qr 11,987\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
rcf1\clvertalb\cellx8067\clvertalc\cellx8204\trrh63\row}}}\pard\plain\sb286\cf1\
f51\fs16\b\ql 5. GECS FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCIN
G RECEIVABLES\par\pard\plain\sb88\cf1\f51\fs16\ql GECS financing receivables \u8
211? net, consisted of the following.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
d\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\~\cell{
lvertalb\cellx8932\clvertalb\cellx9069\trrh344
\intbl\cf1\f51\fs13\b\qc January\~1,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010(a)\cell\pard\plai
ain\intbl\cf1\f51\fs13\b\qc December\~31,
lvertalb\cellx8932\clvertalb\cellx9069\trrh344\row}}}
lc\cellx9071\trrh-66\trrh0
lc\cellx9071\trrh-66\trrh0\row}}}
pat12\clcbpat12\cellx9066\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Loans, net of deferred income\cel
l\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\
cell\pard\plain\intbl\cf1\f51\fs16\qr 294,016\cell\pard\plain\intbl\cf1\f51\fs16
16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 331,710\cell\pard\plain\intbl\cf1\
1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 290,586\cell\pard\plain\in
pat12\clcbpat12\cellx9066\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Investment in financing leases, n
et of deferred income\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 48,339\cell\pard
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 55,209\c
9066\trrh29
9066\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less allowance for losses\cell\pa
9066\trrh29
9066\trrh29\row}}}
(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 377,114\cell\pard\plain\int
ntbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 336,926\cell\pard\p
\cellx9066\trrh63
\cellx9066\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs
\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Refl
ects the effects of our adoption of ASU 2009-16\~& 17 on January\~1, 2010.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Fina
ncing receivables at June\~30, 2010 and December\~31, 2009 included $1,621 milli
on and $2,704 million, respectively, relating to loans that had\plain\intbl\cf1\
f51\fs16\ql been acquired in a transfer but have been subject to credit deterio
ration since origination per ASC 310,\plain\intbl\cf1\f51\fs16\i\ql Receivable
s\plain\intbl\cf1\f51\fs16\ql .\cell{
1\fs16\ql Effective January\~1, 2009, loans acquired in a business acquisition a
re recorded at fair value, which incorporates our estimate at the acquisition da
te of the\plain\cf1\f51\fs16\ql credit losses over the remaining life of the po
rtfolio. As a result, the allowance for loan losses is not carried over at acqui
sition. This may result in lower\plain\cf1\f51\fs16\ql reserve coverage ratios
prospectively. Details of financing receivables \u8211? net follow.\par\pard\pla
in\cf1\f51\fs18\ql \~
\par\pard\plain
\~\cell{
\intbl\cf1\f51\fs13\b\qc January\~1,
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql CLL(b)\cell\pard\plain\intbl\cf
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Americas\cell\pard\plain\intbl\cf
1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl
\cf1\f51\fs16\qr 93,042\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain
\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plai
ell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Europe\cell\pard\plain\intbl\cf1\
cf1\f51\fs16\qr 36,067\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\
cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Asia\cell\pard\plain\intbl\cf1\f5
ll{
{
9065\trrh29
9065\trrh29\row}}}
9065\trrh29
9065\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Consumer(b)\cell\pard\plain\int
ard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-U.S. residential mortgages\ce
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-U.S. installment and revolvin
g credit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql U.S. installment and revolving cr
edit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-U.S. auto\cell\pard\plain\int
\ql \~\cell{

ll{
9065\trrh29
9065\trrh29\row}}}
9065\trrh29

9065\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Real Estate\cell\pard\plain\int
\ql \~\cell{
9065\trrh29
9065\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Energy Financial Services\cell\
9065\trrh29
9065\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql GECAS(b)\cell\pard\plain\intbl\
tbl\cf1\f51\fs16\qr 12,337\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pl
\~\cell{
9065\trrh29
9065\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Other(c)\cell\pard\plain\intbl\
tbl\cf1\f51\fs16\qr 2,272\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pla
\cell{
9065\trrh29

9065\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less allowance for losses\cell\pa
9065\trrh29

9065\trrh29\row}}}
1\f51\fs16\qr 333,262\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\i
ell{
\cellx9065\trrh63
\cellx9065\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs
\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Duri
ng the first quarter of 2010, we transferred the Transportation Financial Servic
es business from GECAS to CLL and the Consumer business in\plain\intbl\cf1\f51\f
s16\ql Italy from Consumer to CLL. Prior-period amounts were reclassified to co
nform to the current-period presentation.\cell{

\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql Cons
isted of loans and financing leases related to certain consolidated, liquidating
securitization entities.\cell{
{\trowd\cellx432\cellx9856\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql Indiv
idually impaired loans are defined by U.S. generally accepted accounting princip
les (GAAP) as larger balance or restructured loans for which it is\plain\cf1\f51
\fs16\ql probable that the lender will be unable to collect all amounts due acc
ording to original contractual terms of the loan agreement. The vast majority of
our\plain\cf1\f51\fs16\ql consumer and a portion of our CLL nonearning receiva
bles are excluded from this definition, as they represent smaller balance homoge
neous loans that\plain\cf1\f51\fs16\ql we evaluate collectively by portfolio fo
r impairment. An analysis of impaired loans and specific reserves follows.\par\p
ard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (17)
l "toc" }{\*\fldrslt\cf3\f52\fs16\b\ql Table of Contents}}
\par\pard\plain
\trrh0
\trrh0\row}}}
talb\cellx9070\trrh172
cell\pard\plain\intbl\cf1\f51\fs13\b\qc At\cell{
talb\cellx9070\trrh172\row}}}
ertalb\cellx7795\clvertalb\cellx8175\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9068\t
rrh344
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc January\~1,
ertalb\cellx7795\clvertalb\cellx8175\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9068\t
rrh344\row}}}
066\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Loans requiring allowance for los
ses\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
\f51\fs16\qr 9,541\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intb
bl\cf1\f51\fs16\qr 9,145\cell{
066\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Loans expected to be fully recove
rable\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
\intbl\cf1\f51\fs16\qr 3,741\cell{
88\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9066\trrh29
88\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9066\trrh29\row}}}
066\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Total impaired loans\cell\pard\pl
\plain\intbl\cf1\f51\fs16\qr 15,439\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 13,
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16
\qr 12,886\cell{
066\trrh206\row}}}
llx8588\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9066\trrh63
llx8588\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9066\trrh63\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Allowance for losses (specific re
serves)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,033\cell\pard\plain\intbl\cf1
intbl\cf1\f51\fs16\qr 2,331\cell{
066\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Average investment during the per

iod\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
f1\f51\fs16\qr (c\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intb
tbl\cf1\f51\fs16\qr 8,493\cell{
066\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Interest income earned while impa
ired(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
cf1\f51\fs16\qr (c\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\int
ntbl\cf1\f51\fs16\qr 227\cell{
94\clvertalb\cellx8174\clvertalb\cellx8588\clvertalb\cellx9066\trrh206\row}}}\pa
rd\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\pa
r\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Reco
gnized principally on cash basis.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql Not
applicable.\cell{
{\trowd\cellx432\cellx6569\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql Impai
red loans increased by $1,984 million from January\~1, 2010, to June\~30, 2010,
primarily relating to increases at Real Estate. Impaired loans\plain\cf1\f51\fs1
6\ql consolidated as a result of our adoption of ASU 2009-16\~& 17 primarily re
lated to our Consumer business. We regularly review our Real Estate loans for\pl
ain\cf1\f51\fs16\ql impairment using both quantitative and qualitative factors,
such as debt service coverage and loan-to-value ratios. We classify Real Estate
loans as\plain\cf1\f51\fs16\ql impaired when the most recent valuation reflect
s a projected loan-to-value ratio at maturity in excess of 100%, even if the loa
n is currently paying in\plain\cf1\f51\fs16\ql accordance with contractual term
s. The increase in impaired loans and related specific reserves at Real Estate r
eflects our current estimate of collateral\plain\cf1\f51\fs16\ql values of the
underlying properties, and our estimate of loans which are not past due, but for
which it is probable that we will be unable to collect the\plain\cf1\f51\fs16\q
l full principal balance at maturity due to a decline in the underlying value o
f the collateral. Of our $8,281 million impaired loans at Real Estate at June\~3
0,\plain\cf1\f51\fs16\ql 2010, $5,892 million are currently paying in accordanc

e with the contractual terms of the loan. Impaired loans at CLL primarily repres
ent senior secured\plain\cf1\f51\fs16\ql lending positions.\par\pard\plain\sb19
8\cf1\f51\fs16\ql Our loss mitigation strategy intends to minimize economic loss
and, at times, can result in rate reductions, principal forgiveness, extensions
, forbearance or\plain\cf1\f51\fs16\ql other actions, which may cause the relat
ed loan to be classified as a TDR. Such loans are classified as impaired, and sp
ecific reserves are determined\plain\cf1\f51\fs16\ql based upon the present val
ue of expected future cash flows discounted at the loan\u8217?s original effecti
ve interest rate, or collateral value as a practical\plain\cf1\f51\fs16\ql expe
dient in accordance with the requirements of ASC 310-10-35. As of June\~30, 2010
, TDRs included in impaired loans were $5,942 million, primarily\plain\cf1\f51\f
s16\ql relating to Real Estate ($2,127 million), Consumer ($1,918 million) and
CLL ($1,835 million). TDRs consolidated as a result of our adoption of ASU\plain
\cf1\f51\fs16\ql 2009-16\~& 17 primarily related to our Consumer business ($364
million).\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (18)
1\fs16\b\ql GECS Allowance for Losses on Financing Receivables\par\pard\plain\cf
1\f51\fs18\ql \~
\par\pard\plain
llx8975\clvertalc\cellx9315\clvertalc\cellx9955\clvertalb\cellx10125\clvertalc\c
cell{
cellx3108\clvertalb\cellx3278\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4328\clvertal
alb\cellx5513\clbrdrb\brdrs\brdrcf1\clvertalb\cellx6242\clvertalb\cellx6379\clve
rtalb\cellx6526\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7448\clvertalb\cellx7585\cl
vertalb\cellx7732\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8694\clvertalb\cellx8831\
28\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10789\trrh516

fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Balance
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc December\~31,
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Adoption\~of
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc ASU 2009\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 16 & 17 (a)\cell\pard\
d\plain\intbl\cf1\f51\fs13\b\qc Balance
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc January\~1,
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Provision
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc charged\~to
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc operations\cell\pard\p
\plain\intbl\cf1\f51\fs13\b\qc Other(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\q
c Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc write-offs\cell\pard\p
\plain\intbl\cf1\f51\fs13\b\qc Recoveries\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Balance
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc June\~30,
28\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10789\trrh516\row}}}
cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql CLL(c)\cell\pard\plain\intbl\cf
~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\c
ell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\ce
ll\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\
plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pla
\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0
\cf1\f51\fs16\qr 1,179\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 66\cell\pard\pla
\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,245\cell\
pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\ce
$\cell\pard\plain\intbl\cf1\f51\fs16\qr (10\cell\pard\plain\intbl\cf1\f51\fs16\q
6\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (558\cell\pard\plain\intbl\cf1\f51\
51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 55\cell\pard\plain\intbl\cf1\
f1\f51\fs16\qr 1,362\cell{
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\p
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (70\cell\pard\plain\intbl\cf1\f5
ain\intbl\cf1\f51\fs16\qr 382\cell{
1\f51\fs16\qr 244\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\int
ard\plain\intbl\cf1\f51\fs16\qr 108\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cel
ell\pard\plain\intbl\cf1\f51\fs16\qr (23\cell\pard\plain\intbl\cf1\f51\fs16\ql )
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (94\cell\pard\plain\intbl\cf1\f51\fs1
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 9\cell\pard\plain\intbl\cf1\f51
\f51\fs16\qr 234\cell{
f1\f51\fs16\qr 11\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\int
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\par
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 11\ce
~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1\cell\pard\plain\intbl\cf1\f51\fs16\ql
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2\cell\pard\plain\intbl\cf1\f51\fs
\cell\pard\plain\intbl\cf1\f51\fs16\qr 8\cell{
cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Consumer(c)\cell\pard\plain\int
\~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cel
l{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-U.S. residential\plain\intbl\
cf1\f51\fs16\ql mortgages\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\
l\pard\plain\intbl\cf1\f51\fs16\qr 51\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~
892\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-U.S. installment and\plain\in
tbl\cf1\f51\fs16\ql revolving credit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~
1,181\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intb
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,181\cell\pard\p
ll\pard\plain\intbl\cf1\f51\fs16\qr (114\cell\pard\plain\intbl\cf1\f51\fs16\ql )
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (987\cell\pard\plain\intbl\cf1\f51\fs
cf1\f51\fs16\qr 1,020\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql U.S. installment and\plain\intbl\
cf1\f51\fs16\ql revolving credit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cel
8\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\
fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\
plain\intbl\cf1\f51\fs16\qr (1\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pa
pard\plain\intbl\cf1\f51\fs16\qr (2,400\cell\pard\plain\intbl\cf1\f51\fs16\ql )\
\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\
fs16\qr 2,754\cell{
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~
\qr 308\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 71\cell\pard\plain\intbl\cf1\f
pard\plain\intbl\cf1\f51\fs16\qr 234\cell{
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 300\
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 43\cell\pard\plain\i
in\intbl\cf1\f51\fs16\qr 257\cell{
cell{
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 645\cell\pard\plain\intbl\cf1\f51\f
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1\cell\pard\plain
lain\intbl\cf1\f51\fs16\qr 1,797\cell{
cell{
ell\pard\plain\intbl\cf1\f51\fs16\qr 28\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1\cell\pard\pl
\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 53\cell{
cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql GECAS(c)\cell\pard\plain\intbl\
tbl\cf1\f51\fs16\qr 104\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pla
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 35\cell\pard\plain\intbl\cf1\f51\
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (89\cell\pard\
6\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 50\cell{
cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Other\cell\pard\plain\intbl\cf1

ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 34\
d\plain\intbl\cf1\f51\fs16\qr 50\cell{
cellx2683\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3107\clvertalb\cellx3277\clbrdrt\
brdrs\brdrcf1\clvertalb\cellx3686\clbrdrt\brdrs\brdrcf1\clvertalb\cellx4326\clve
rtalc\cellx4463\clvertalb\cellx4610\clbrdrt\brdrs\brdrcf1\clvertalb\cellx4946\cl
brdrt\brdrs\brdrcf1\clvertalb\cellx5341\clvertalb\cellx5511\clbrdrt\brdrs\brdrcf
s\brdrcf1\clvertalb\cellx8051\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8691\clvertal
c\cellx8828\clvertalb\cellx8975\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9315\clbrdr
t\brdrs\brdrcf1\clvertalb\cellx9955\clvertalb\cellx10125\clbrdrt\brdrs\brdrcf1\c
lvertalb\cellx10391\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10786\trrh29
ll\pard\plain\intbl\cf1\f51\fs1\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\
s\brdrcf1\clvertalb\cellx8051\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8691\clvertal
c\cellx8828\clvertalb\cellx8975\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9315\clbrdr
t\brdrs\brdrcf1\clvertalb\cellx9955\clvertalb\cellx10125\clbrdrt\brdrs\brdrcf1\c
lvertalb\cellx10391\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10786\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Total\cell\pard\plain\intbl\cf1
cf1\f51\fs16\qr 8,105\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain
\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,700\cell\pard\p
rd\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 9,805\cel
\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (412\cell\pard\plain\intbl\cf1\f51\f
1\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (5,401\cell\pard\plain\intbl\c
l\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 829\cell\pard\plain\in
\cellx2683\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx3107\clvertalb\cellx3277\clbrdr
t\brdrdb\brdrcf1\clvertalb\cellx3686\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4326\
clvertalc\cellx4463\clvertalb\cellx4610\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx49
46\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5341\clvertalb\cellx5511\clbrdrt\brdrdb
brdrt\brdrdb\brdrcf1\clvertalb\cellx8051\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8
691\clvertalc\cellx8828\clvertalb\cellx8975\clbrdrt\brdrdb\brdrcf1\clvertalb\cel
lx9315\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9955\clvertalb\cellx10125\clbrdrt\b
rdrdb\brdrcf1\clvertalb\cellx10391\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10786\t
rrh63

brdrt\brdrdb\brdrcf1\clvertalb\cellx8051\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8
691\clvertalc\cellx8828\clvertalb\cellx8975\clbrdrt\brdrdb\brdrcf1\clvertalb\cel
lx9315\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9955\clvertalb\cellx10125\clbrdrt\b
rdrdb\brdrcf1\clvertalb\cellx10391\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10786\t
rrh63\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f5
1\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Othe
r primarily included the effects of currency exchange.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql Duri
\par\pard\plain

\pard\plain\intbl\f0\fs16\ql \~\cell{
b\cellx6514\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7432\clvertalb\cellx7569\clvert
rtalb\cellx8982\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9962\clvertalb\cellx10131\c
lbrdrb\brdrs\brdrcf1\clvertalb\cellx10792\trrh516
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Provision
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc charged\~to
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc operations\cell\pard\p
lain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Other(a)
\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc write-offs\cell\pard\p
\plain\intbl\cf1\f51\fs13\b\qc Recoveries\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Balance
rtalb\cellx8982\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9962\clvertalb\cellx10131\c
lbrdrb\brdrs\brdrcf1\clvertalb\cellx10792\trrh516\row}}}
llx7572\clvertalc\cellx8828\clvertalc\cellx9965\clvertalc\cellx10796\trrh-66\trr
h0
6\ql \~\cell{
h0\row}}}
lx10130\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10396\clvertalb\clshdng100
\clcfpat12\clcbpat12\cellx10791\trrh206
s16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13
\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~
\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\ce
plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pla
\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\
f0\fs16\ql \~\cell{
\clcfpat12\clcbpat12\cellx10791\trrh206\row}}}
\cf1\f51\fs16\qr 843\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\
intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 736\cell\pard\plai
n\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\p
lain\intbl\cf1\f51\fs16\qr (33\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pa
ard\plain\intbl\cf1\f51\fs16\qr (457\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\c
cell\pard\plain\intbl\cf1\f51\fs16\qr 44\cell\pard\plain\intbl\cf1\f51\fs13\ql \
~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\q
r 1,133\cell{
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 323\cell\pard\plai
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (192\cell\pard\plain\intbl\cf1\f51\fs
f1\f51\fs16\qr 478\cell{
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 120\cell\pard\plain\
ain\intbl\cf1\f51\fs16\qr (6\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard
rd\plain\intbl\cf1\f51\fs16\qr (85\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cel
ell\pard\plain\intbl\cf1\f51\fs16\qr 7\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\
199\cell{
f1\f51\fs16\qr 4\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intb
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3\cell\pard\plain\int
\intbl\cf1\f51\fs16\qr 2\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plai
ain\intbl\cf1\f51\fs16\qr (1\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard
6\qr 8\cell{
h0
6\ql \~\cell{
h0\row}}}
\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\

ntbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-U.S. residential mortgages\ce
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 381\cell\pard\plain\intbl\cf1\f51\fs13\q
16\qr 560\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 59\cell\pard\plai
plain\intbl\cf1\f51\fs16\qr 828\cell{
g credit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5
bl\cf1\f51\fs16\qr 891\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai

plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,092\cell
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,141\cell{
edit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
f1\f51\fs16\qr 1,729\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\
\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,438\cel

l\pard\plain\intbl\cf1\f51\fs16\qr 26\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
51\fs16\qr 264\cell{
pard\plain\intbl\cf1\f51\fs16\qr (163\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\
6\qr 234\cell{
h0
6\ql \~\cell{
h0\row}}}
l\pard\plain\intbl\cf1\f51\fs16\qr 10\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\c
bl\cf1\f51\fs16\qr 570\cell{
h0
6\ql \~\cell{
h0\row}}}
r 32\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
h0
6\ql \~\cell{
h0\row}}}
tbl\cf1\f51\fs16\qr 58\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1\cell\pard\pla
\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\int
\intbl\cf1\f51\fs16\qr 58\cell{
h0

6\ql \~\cell{
h0\row}}}
lain\intbl\cf1\f51\fs16\qr 1\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\
d\plain\intbl\cf1\f51\fs16\qr (14\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell
ll\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs
1\fs16\qr 27\cell{
brdrcf1\clvertalb\cellx9961\clvertalb\cellx10130\clbrdrt\brdrs\brdrcf1\clvertalb
\cellx10396\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10791\trrh29

brdrcf1\clvertalb\cellx9961\clvertalb\cellx10130\clbrdrt\brdrs\brdrcf1\clvertalb
\cellx10396\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10791\trrh29\row}}}
ll\pard\plain\intbl\cf1\f51\fs16\qr (4,055\cell\pard\plain\intbl\cf1\f51\fs16\ql
\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 572\cell\pard\plain\intbl\cf1\f51\fs
13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51
\fs16\qr 6,607\cell{
rt\brdrdb\brdrcf1\clvertalb\cellx9961\clvertalb\cellx10130\clbrdrt\brdrdb\brdrcf
1\clvertalb\cellx10396\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10791\trrh63
rt\brdrdb\brdrcf1\clvertalb\cellx9961\clvertalb\cellx10130\clbrdrt\brdrdb\brdrcf
1\clvertalb\cellx10396\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10791\trrh63\row}}}
\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~
\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Othe
r primarily included the effects of securitization activity and currency exchang
e.\cell{
\pard\plain
{\trowd\cellx431\cellx10799\trrh413\row}}}\pard\plain\sb286\cf1\f51\fs16\b\ql 6.
PROPERTY, PLANT AND EQUIPMENT\par\pard\plain\sb88\cf1\f51\fs16\ql Property, pla
nt and equipment \u8211? net, consisted of the following.\par\pard\plain\cf1\f51
\fs18\ql \~
\par\pard\plain
cell{
\~\cell{
\intbl\cf1\f51\fs13\b\qc December\~31,
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Original cost\cell\pard\plain\int
ell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less accumulated depreciation and
amortization\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (43,618\cell\pard\plain\
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (44,103\cell\p
ard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
211? net\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 69,212\cell\pard\plain\
rcf1\clvertalb\cellx8066\clvertalc\cellx8203\trrh63\row}}}\pard\plain\cf1\f51\fs
13\ql \~\par\pard\plain\cf1\f51\fs16\qc (20)
1\fs16\b\ql 7. GOODWILL AND OTHER INTANGIBLE ASSETS\par\pard\plain\sb88\cf1\f51\
fs16\ql Goodwill and other intangible assets \u8211? net, consisted of the follo
wing.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\trrh0
6\ql \~\cell{
\trrh0\row}}}
h344
h344\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Goodwill\cell\pard\plain\intbl\
cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\int
bl\cf1\f51\fs16\qr 63,094\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 65,574\cell{
8204\trrh63
8204\trrh63\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Other intangible assets\cell\pa
rd\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\par
\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Intangible assets subject to amor
tization\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5
f1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intb
l\cf1\f51\fs16\qr 11,824\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Indefinite-lived intangible asset
s(a)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs

\f51\fs16\qr 105\cell{
\trrh29
\trrh29\row}}}
1\f51\fs16\qr 10,946\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\
intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 11,929\cell{
8204\trrh63
8204\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\
cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Inde
finite-lived intangible assets principally comprised trademarks and tradenames.\
cell{
{\trowd\cellx432\cellx9134\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql Chang
es in goodwill balances follow.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
lb\cellx7839\clvertalc\cellx8225\clvertalc\cellx8675\clvertalc\cellx8812\clverta
lb\cellx9195\clvertalc\cellx9451\clvertalc\cellx9929\trrh-66\trrh0

lb\cellx7839\clvertalc\cellx8225\clvertalc\cellx8675\clvertalc\cellx8812\clverta
lb\cellx9195\clvertalc\cellx9451\clvertalc\cellx9929\trrh-66\trrh0\row}}}
ertalb\cellx7839\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8675\clvertalb\cellx8812\c
lvertalb\cellx9195\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9930\trrh688
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Acquisitions\c
ell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\q
c Dispositions,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc currency
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc exchange
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc and\~other\cell\pard\p
\plain\intbl\cf1\f51\fs13\b\qc Balance
lvertalb\cellx9195\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9930\trrh688\row}}}
pat12\clcbpat12\cellx9451\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9929\trr
h206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Energy Infrastructure\cell\pard\p
d\plain\intbl\cf1\f51\fs16\qr 12,777\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\
cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u
51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (340\cell\pard\plain\intbl\cf
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,437\cell{
h206\row}}}
95\clvertalb\cellx9451\clvertalb\cellx9929\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Technology Infrastructure\cell\pa
\qr 13\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 22,503\cell{
95\clvertalb\cellx9451\clvertalb\cellx9929\trrh206\row}}}
h206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GE Capital\cell\pard\plain\intbl\
tbl\cf1\f51\fs16\qr 28,961\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 27,143\cell{
h206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Home\~& Business Solutions\cell\p
\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,011\cell{
\clvertalb\cellx7839\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8225\clbrdrt\brdrs\brd
rcf1\clvertalb\cellx8675\clvertalc\cellx8812\clvertalb\cellx9195\clbrdrt\brdrs\b
rdrcf1\clvertalb\cellx9451\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9929\trrh29
ll{
rcf1\clvertalb\cellx8675\clvertalc\cellx8812\clvertalb\cellx9195\clbrdrt\brdrs\b
rdrcf1\clvertalb\cellx9451\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9929\trrh29\row}
}}
h206
intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 13\cell\pard\plain
\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr (2,493\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\
\pard\plain\intbl\cf1\f51\fs16\qr 63,094\cell{
h206\row}}}
7447\clvertalb\cellx7839\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8225\clbrdrt\brdr
db\brdrcf1\clvertalb\cellx8675\clvertalc\cellx8812\clvertalb\cellx9195\clbrdrt\b
rdrdb\brdrcf1\clvertalb\cellx9451\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9929\trr
h63

ll{
db\brdrcf1\clvertalb\cellx8675\clvertalc\cellx8812\clvertalb\cellx9195\clbrdrt\b
rdrdb\brdrcf1\clvertalb\cellx9451\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9929\trr
h63\row}}}\pard\plain\sb198\cf1\f51\fs16\ql Goodwill balances decreased $2,480 m
illion during the first six months of 2010, primarily as a result of the stronge
r U.S. dollar ($1,780 million) and the\plain\cf1\f51\fs16\ql deconsolidation of
Regency Energy Partners L.P. (Regency) at GE Capital ($557 million).\par\pard\p
lain\sb198\cf1\f51\fs16\ql On May\~26, 2010, we sold our general partnership int
erest in Regency, a midstream natural gas services provider, and retained a 21%
limited partnership\plain\cf1\f51\fs16\ql interest. This resulted in the decons
olidation of Regency and the remeasurement of our limited partnership interest t
o fair value. We recorded a pre-tax\plain\cf1\f51\fs16\ql gain of $119 million,
which is reported in GECS revenues from services.\par\pard\plain\cf1\f51\fs13\q
l \~\par\pard\plain\cf1\f51\fs16\qc (21)
1\fs16\b\ql Intangible Assets Subject to Amortization\par\pard\plain\cf1\f51\fs1
8\ql \~
\par\pard\plain
llx8081\clvertalc\cellx8345\clvertalc\cellx8823\clvertalb\cellx9016\clvertalc\ce
llx9419\clvertalc\cellx9869\clvertalc\cellx10006\clvertalb\cellx10199\clvertalc\
cellx10313\clvertalc\cellx10791\trrh-66\trrh0
llx9419\clvertalc\cellx9869\clvertalc\cellx10006\clvertalb\cellx10199\clvertalc\
cellx10313\clvertalc\cellx10791\trrh-66\trrh0\row}}}
cellx10798\trrh172
cellx10798\trrh172\row}}}
cellx7892\clvertalb\cellx8084\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh172

cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30, 2010\cell\pard\plain\intbl\cf1
\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc December\~31, 2009\cel
l{
cellx7892\clvertalb\cellx8084\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh172
\row}}}
alb\cellx8081\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8823\clvertalb\cellx9016\clbr
drb\brdrs\brdrcf1\clvertalb\cellx9869\clvertalb\cellx10006\clvertalb\cellx10199\
clbrdrb\brdrs\brdrcf1\clvertalb\cellx10791\trrh516
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc carrying
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc amount\cell\pard\plain
\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Accumulated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc amortization\cell\pard
rd\plain\intbl\cf1\f51\fs13\b\qc Net\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Accumulated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc amortization\cell\pard
rd\plain\intbl\cf1\f51\fs13\b\qc Net\cell{
drb\brdrs\brdrcf1\clvertalb\cellx9869\clvertalb\cellx10006\clvertalb\cellx10199\
clbrdrb\brdrs\brdrcf1\clvertalb\cellx10791\trrh516\row}}}
llx7892\clvertalc\cellx8827\clvertalc\cellx10011\clvertalc\cellx10796\trrh-66\tr
rh0
6\ql \~\cell{
llx7892\clvertalc\cellx8827\clvertalc\cellx10011\clvertalc\cellx10796\trrh-66\tr
rh0\row}}}
ng100\clcfpat12\clcbpat12\cellx10006\clvertalb\clshdng100\clcfpat12\clcbpat12\ce
llx10199\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10313\clvertalb\clshdng10
0\clcfpat12\clcbpat12\cellx10791\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Customer-related\cell\pard\plain\
in\intbl\cf1\f51\fs16\qr 5,826\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p

ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,523\c
s16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,044\cell\pard\plain\intbl\cf1\f
1\f51\fs16\qr (1,392\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\i
0\clcfpat12\clcbpat12\cellx10791\trrh206\row}}}
vertalb\cellx9869\clvertalb\cellx10006\clvertalb\cellx10199\clvertalb\cellx10313
\clvertalb\cellx10791\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Patents, licenses and trademarks\
1\fs16\qr (2,404\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl
\clvertalb\cellx10791\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Capitalized software\cell\pard\pl
\intbl\cf1\f51\fs16\qr (4,127\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\par
ard\plain\intbl\cf1\f51\fs16\qr 2,422\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Lease valuations\cell\pard\plain\
ain\intbl\cf1\f51\fs16\qr 1,643\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\
f1\f51\fs16\qr (793\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\in
intbl\cf1\f51\fs16\qr 961\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Present value of future profits\c
s16\qr (452\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\
ain\intbl\cf1\f51\fs16\qr (470\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pa
pard\plain\intbl\cf1\f51\fs16\qr 451\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql All other\cell\pard\plain\intbl\c
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (296\cell\pard\
1\clvertalb\cellx8345\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8823\clvertalb\cellx9
016\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9419\clbrdrt\brdrs\brdrcf1\clvertalb\ce
llx9869\clvertalc\cellx10006\clvertalb\cellx10199\clbrdrt\brdrs\brdrcf1\clvertal
b\cellx10313\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10791\trrh29
1\clvertalb\cellx8345\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8823\clvertalb\cellx9
016\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9419\clbrdrt\brdrs\brdrcf1\clvertalb\ce
llx9869\clvertalc\cellx10006\clvertalb\cellx10199\clbrdrt\brdrs\brdrcf1\clvertal
b\cellx10313\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10791\trrh29\row}}}
intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (9,707\cell\pard\p
d\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,842\cel
ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs
16\qr (9,387\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1
\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf
1\f51\fs16\qr 11,824\cell{
b\cellx9016\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9419\clbrdrt\brdrdb\brdrcf1\cl
vertalb\cellx9869\clvertalc\cellx10006\clvertalb\cellx10199\clbrdrt\brdrdb\brdrc
f1\clvertalb\cellx10313\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10791\trrh63
b\cellx9016\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9419\clbrdrt\brdrdb\brdrcf1\cl
vertalb\cellx9869\clvertalc\cellx10006\clvertalb\cellx10199\clbrdrt\brdrdb\brdrc
f1\clvertalb\cellx10313\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10791\trrh63\row}}
}\pard\plain\sb198\cf1\f51\fs16\ql Consolidated amortization related to intangib
le assets subject to amortization was $452 million and $553 million for the thre
e months ended June\~30, 2010\plain\cf1\f51\fs16\ql and 2009, respectively. Con
solidated amortization related to intangible assets subject to amortization for
the six months ended June\~30, 2010 and 2009,\plain\cf1\f51\fs16\ql was $858 mi
llion and $1,013 million, respectively.\par\pard\plain\cf1\f51\fs13\ql \~\par\pa
rd\plain\cf1\f51\fs16\qc (22)
1\fs16\b\ql 8. GECS BORROWINGS AND BANK DEPOSITS\par\pard\plain\sb88\cf1\f51\fs1
6\ql GECS borrowings are summarized in the following table.\par\pard\plain\cf1\f
51\fs18\ql \~
\par\pard\plain
\trrh0
6\ql \~\cell{
\trrh0\row}}}

h344
h344\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Short-term borrowings\cell\pard
plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p
lain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Commercial paper\cell\pard\plain\
tbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql U.S.\cell\pard\plain\intbl\cf1\f5
\f51\fs16\qr 36,330\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 37,775\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Non-U.S.\cell\pard\plain\intbl\cf

l\cf1\f51\fs16\qr 9,647\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 9,525\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Current portion of long-term borr
owings(a)(b)(c)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 63,000\cell\pard\plain
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GE Interest Plus notes(d)\cell\pa
qr 7,541\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other(c)\cell\pard\plain\intbl\cf
l\cf1\f51\fs16\qr 3,680\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,413\cell{
\trrh29
\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GECS short-term borrowings\cell\p
\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16
\qr 131,137\cell{
\trrh29
\trrh29\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Long-term borrowings\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\p
lain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pl
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Senior unsecured notes(a)(b)\cell
ell\pard\plain\intbl\cf1\f51\fs16\qr 269,641\cell\pard\plain\intbl\cf1\f51\fs13\
16\qr 305,306\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Subordinated notes(e)\cell\pard\p
,686\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Subordinated debentures(f)\cell\p
\qr 7,647\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other(c)(g)\cell\pard\plain\intbl
ntbl\cf1\f51\fs16\qr 10,764\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
l{
\trrh29
\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GECS long-term borrowings\cell\pa
\pard\plain\intbl\cf1\f51\fs16\qr 289,768\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\
qr 326,391\cell{
\trrh29
\trrh29\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Non-recourse borrowings of cons
olidated securitization entities(h)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c
6\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,883\cell{
\trrh29
\trrh29\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Bank deposits(i)\cell\pard\plai
lain\intbl\cf1\f51\fs16\qr 37,471\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cel
3\cell{
\trrh29
\trrh29\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Total borrowings and bank depos
its\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
1\f51\fs16\qr 500,334\cell{
8203\trrh63
cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql GECC
had issued and outstanding $58,045 million and $59,336 million of senior, unsec
ured debt that was guaranteed by the Federal Deposit\plain\intbl\cf1\f51\fs16\ql
Insurance Corporation (FDIC) under the Temporary Liquidity Guarantee Program a
t June\~30, 2010 and December\~31, 2009, respectively. Of the\plain\intbl\cf1\f5
1\fs16\ql above amounts $13,000 million and $5,841 million is included in curre
nt portion of long-term borrowings at June\~30, 2010 and December\~31, 2009,\pla
in\intbl\cf1\f51\fs16\ql respectively.\cell{
\pard\plain
uded in total long-term borrowings was $2,624 million and $3,138 million of obli
gations to holders of guaranteed investment contracts at\plain\intbl\cf1\f51\fs1
6\ql June\~30, 2010 and December\~31, 2009, respectively. GECC could be require
d to repay up to approximately $2,500 million if its long-term credit\plain\intb
l\cf1\f51\fs16\ql rating were to fall below AA\u8211?/Aa3 or its short-term cre
dit rating were to fall below A\u8211?1+/P\u8211?1.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uded $10,400 million and $10,604 million of secured funding at June\~30, 2010 an
d December\~31, 2009, respectively, of which $3,795 million\plain\intbl\cf1\f51\
fs16\ql and $5,667 million is non-recourse to GECS at June\~30, 2010 and Decemb
er\~31, 2009, respectively.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (d)\cell\pard\plain\intbl\cf1\f51\fs16\ql Enti
rely variable denomination floating rate demand notes.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (e)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uded $417 million of subordinated notes guaranteed by GE at both June\~30, 2010
and December\~31, 2009.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (f)\cell\pard\plain\intbl\cf1\f51\fs16\ql Subo
rdinated debentures receive rating agency equity credit and were hedged at issua
nce to the U.S. dollar equivalent of $7,725 million.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (g)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uded $1,533 million and $1,649 million of covered bonds at June\~30, 2010 and De
cember\~31, 2009, respectively. If the short-term credit rating\plain\intbl\cf1\
f51\fs16\ql of GECC were reduced below A\u8211?1/P\u8211?1, GECC would be requi
red to partially cash collateralize these bonds in an amount up to $707\plain\in
tbl\cf1\f51\fs16\ql million.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (h)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uded at June\~30, 2010 was $2,100 million of commercial paper, $11,674 million o
f current portion of long-term borrowings and $19,637 million\plain\intbl\cf1\f5
1\fs16\ql of long-term borrowings related to former QSPEs consolidated on Janua
ry\~1, 2010 upon our adoption of ASU 2009-16\~& 17, previously\plain\intbl\cf1\f
51\fs16\ql consolidated liquidating securitization entities and other on-book s
ecuritization borrowings. Included at December\~31, 2009, was $2,424 million of\
plain\intbl\cf1\f51\fs16\ql commercial paper, $378 million of current portion o
f long-term borrowings and $1,081 million of long-term borrowings issued by cons
olidated\plain\intbl\cf1\f51\fs16\ql liquidating securitization entities. See N
ote 16.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (i)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uded $19,816 million and $21,252 million of deposits in non-U.S. banks at June\~
30, 2010 and December\~31, 2009, respectively, and $10,882\plain\intbl\cf1\f51\f
s16\ql million and $10,476 million of certificates of deposits distributed by b
rokers with maturities greater than one year at June\~30, 2010 and\plain\intbl\c
f1\f51\fs16\ql December\~31, 2009, respectively.\cell{
1\fs16\b\ql 9. POSTRETIREMENT BENEFIT PLANS\par\pard\plain\sb88\cf1\f51\fs16\ql
We sponsor a number of pension and retiree health and life insurance benefit pla
ns. Principal pension plans include the GE Pension Plan and the GE\plain\cf1\f51
\fs16\ql Supplementary Pension Plan. Principal retiree benefit plans generally
provide health and life insurance benefits to employees who retire under the GE\
plain\cf1\f51\fs16\ql Pension Plan with 10 or more years of service. Other pens
ion plans include the U.S. and non-U.S. pension plans with pension assets or obl
igations\plain\cf1\f51\fs16\ql greater than $50 million. Smaller pension plans

and other retiree benefit plans are not material individually or in the aggregat
e. The effect on operations\plain\cf1\f51\fs16\ql of the pension plans follows.
\par\pard\plain
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Principal Pension Plans\cell\pard\plain\
cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Expected return on plan assets\ce
ll\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $
\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,084\cell\pard\plain\intbl\cf1\f51\fs16
s16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,127\cell\pard\plain\intbl\cf1\
f1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,170\cell\pard\plain\in
\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,253\cell\pard\
plain\intbl\cf1\f51\fs16\ql )\~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Service cost for benefits earned\
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 569\cell\pard\plain\intbl\cf
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Interest cost on benefit obligati
on\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16
ain\intbl\cf1\f51\fs16\ql \~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Prior service cost amortization\c
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 59\cell\pard\plain\intbl\cf1\f51\fs16\q
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 80\cell\pard\plain\intbl\cf1\f51\fs
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 161\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net actuarial loss amortization\c
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Pension plans cost\cell\pard\plai
\~\cell{
n\cf1\f51\fs18\ql \~
\par\pard\plain
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Other Pension Plans\cell\pard\plain\intb
cell{
51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (254\cell\pard\plain\intbl\cf
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (211\cell\pard\plain\in
w}}}
w}}}
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4\cell\pard\plain\intbl\cf1\f51\fs16\ql
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5\cell\pard\plain\intbl\cf1\f5
1\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net actuarial loss amortization\c
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 52\cell\pard\plain\intbl\cf1\f51\fs16\q
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 56\cell\pard\plain\intbl\c
w}}}

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Pension plans cost\cell\pard\plai
\~\cell{
n\sb198\cf1\f51\fs16\ql The effect on operations of principal retiree health and
life insurance plans follows.\par\pard\plain\cf1\f51\fs18\ql \~

\par\pard\plain
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Principal\~Retiree\~Health\~and\~Life\~I
nsurance\~Plans\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
rd\plain\intbl\cf1\f51\fs13\b\qc Six months\~ended\~June\~30\cell\pard\plain\int
cell{
\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (32\cell\pard\plain\intbl\cf1\f51\fs
\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (58\cell\pard\plain\intbl\cf1\f
1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (64\cell\pard\plain\intbl\
w}}}
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net actuarial gain amortization\c

\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (6\cell\pard\plain\intbl\cf1\f51\fs16\q
6\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (27\cell\pard\plain\intbl\cf1\f51\
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (54\cell\pard\plain\in
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Retiree benefit plans cost\cell\p
ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 708\cell\pard\plain\intbl\cf1\f51\fs1
s16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 731\cell\pard\plain\intbl\cf1\f51
\fs16\ql \~\cell{
n\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (24)
1\fs16\b\ql 10. INCOME TAXES\par\pard\plain\sb88\cf1\f51\fs16\ql The balance of
\u8220?unrecognized tax benefits,\u8221? the amount of related interest and pena
lties we have provided and what we believe to be the\plain\cf1\f51\fs16\ql rang
e of reasonably possible changes in the next 12 months, were:\par\pard\plain\cf1
\f51\fs18\ql \~
\par\pard\plain
\trrh0
6\ql \~\cell{
\trrh0\row}}}
h344

h344\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Unrecognized tax benefits\cell\pa
7,251\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Portion that, if recognized, woul
d reduce tax expense and effective tax\plain\intbl\cf1\f51\fs16\ql rate(a)\cell
16\qr 4,918\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Accrued interest on unrecognized
tax benefits\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Accrued penalties on unrecognized
tax benefits\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 99\cell\pard\plain\intbl
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Reasonably possible reduction to
the balance of unrecognized tax benefits in\plain\intbl\cf1\f51\fs16\ql succeed
ing 12 months\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 0-2,100\cell\pard\plain\
ain\intbl\cf1\f51\fs16\qr 0-1,800\cell{
d reduce tax expense and effective tax\plain\intbl\cf1\f51\fs16\ql rate(a)\cell
cell\pard\plain\intbl\cf1\f51\fs16\qr 0-1,600\cell\pard\plain\intbl\cf1\f51\fs13
fs16\qr 0-1,400\cell{
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Some
portion of such reduction may be reported as discontinued operations.\cell{
{\trowd\cellx432\cellx8841\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql The I
RS is currently auditing our consolidated income tax returns for 2003-2007. In a
ddition, certain other U.S. tax deficiency issues and refund claims\plain\cf1\f5
1\fs16\ql for previous years remain unresolved. It is reasonably possible that
the 2003-2005 U.S. audit cycle will be completed during the next 12 months, whic
h\plain\cf1\f51\fs16\ql could result in a decrease in our balance of \u8220?unr
ecognized tax benefits\u8221? \u8211? that is, the aggregate tax effect of diffe
rences between tax\plain\cf1\f51\fs16\ql return positions and the benefits reco
gnized in our financial statements. We believe that there are no other jurisdict
ions in which the outcome of\plain\cf1\f51\fs16\ql unresolved issues or claims
is likely to be material to our results of operations, financial position or cas
h flows. We further believe that we have made\plain\cf1\f51\fs16\ql adequate pr
ovision for all income tax uncertainties.\par\pard\plain\sb198\cf1\f51\fs16\ql G
E and GECS file a consolidated U.S. federal income tax return. The GECS provisio
n for current tax expense includes its effect on the consolidated\plain\cf1\f51\
fs16\ql return. The effect of GECS on the consolidated liability is generally s
ettled in cash as GE tax payments are due. The effect of GECS on the amount of\p
lain\cf1\f51\fs16\ql the consolidated tax liability from the formation of the N
BCU joint venture will be settled in cash when it otherwise would have reduced t
he liability of\plain\cf1\f51\fs16\ql the group absent the tax on formation.\pa
r\pard\plain\sb198\cf1\f51\fs16\ql During the first quarter of 2009, following t
he change in our external credit ratings, funding actions taken and review of ou
r operations, liquidity and\plain\cf1\f51\fs16\ql funding, we determined that u
ndistributed prior-year earnings of non-U.S. subsidiaries of GECS, on which we h
ad previously provided deferred U.S.\plain\cf1\f51\fs16\ql taxes, would be inde
finitely reinvested outside the U.S. This change increased the amount of prior-y
ear earnings indefinitely reinvested outside the U.S.\plain\cf1\f51\fs16\ql by
approximately $2 billion, resulting in an income tax benefit of $700 million in
the first quarter of 2009.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\

f51\fs16\qc (25)
1\fs16\b\ql 11. SHAREOWNERS\u8217? EQUITY\par\pard\plain\sb88\cf1\f51\fs16\ql A
summary of increases (decreases) in GE shareowners\u8217? equity that did not re
sult directly from transactions with shareowners, net of income taxes,\plain\cf1
\f51\fs16\ql follows.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\trrh0
\trrh0\row}}}
h172
\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Six\~m
onths\~ended\~June\~30\cell{
h172\row}}}
lvertalb\cellx8832\clvertalb\cellx9193\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9931
\trrh172
l\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pl
ain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\p
ard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\
cell{
lvertalb\cellx8832\clvertalb\cellx9193\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9931
\trrh172\row}}}
Company\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
plain\intbl\cf1\f51\fs16\qr 5,518\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Investment securities \u8211? net
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Currency translation adjustments
\u8211? net\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1

rd\plain\intbl\cf1\f51\fs16\qr (7,155\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,485\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cash flow hedges \u8211? net\cell
cell\pard\plain\intbl\cf1\f51\fs16\qr 42\cell\pard\plain\intbl\cf1\f51\fs16\ql \
fs16\qr 444\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f
\f51\fs16\qr 1,405\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Benefit plans \u8211? net\cell\pa
16\qr 924\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51
\clvertalb\cellx7543\clvertalb\cellx7859\clbrdrt\brdrs\brdrcf1\clvertalb\cellx81
19\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8569\clvertalc\cellx8829\clvertalb\cellx
9190\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9450\clbrdrt\brdrs\brdrcf1\clvertalb\c
ellx9928\trrh29
\clvertalb\cellx7543\clvertalb\cellx7859\clbrdrt\brdrs\brdrcf1\clvertalb\cellx81
19\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8569\clvertalc\cellx8829\clvertalb\cellx
1\f51\fs16\qr (433\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\int
bl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\in
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (7\cell\pard
ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,805\c
ell{
rcf1\clvertalb\cellx7543\clvertalb\cellx7859\clbrdrt\brdrdb\brdrcf1\clvertalb\ce
llx8119\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8569\clvertalc\cellx8829\clvertalb
\cellx9190\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9450\clbrdrt\brdrdb\brdrcf1\clv
ertalb\cellx9928\trrh63
rcf1\clvertalb\cellx7543\clvertalb\cellx7859\clbrdrt\brdrdb\brdrcf1\clvertalb\ce
llx8119\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8569\clvertalc\cellx8829\clvertalb
\cellx9190\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9450\clbrdrt\brdrdb\brdrcf1\clv
ertalb\cellx9928\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb
\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\sb88\cf1\f51\fs16\ql On January\~1
, 2010, we adopted ASU 2009-16\~& 17. This resulted in a reduction of GE shareow
ners\u8217? equity primarily related to the reversal of a\plain\cf1\f51\fs16\ql
portion of previously recognized securitization gains. This adjustment is refle
cted as a cumulative effect adjustment of the opening balances of retained\plain
\cf1\f51\fs16\ql earnings ($1,708 million) and accumulated other comprehensive
income ($265 million). See Notes 1 and 16 for additional information.\par\pard\p
lain\sb198\cf1\f51\fs16\ql Changes to noncontrolling interests during the second
quarter of 2010 resulted from net earnings $105 million, dividends $(74) millio
n, the effects of\plain\cf1\f51\fs16\ql deconsolidating Regency $(979) million,
AOCI $(48) million and other $31 million. Changes to the individual components
of AOCI attributable to\plain\cf1\f51\fs16\ql noncontrolling interests were ins
ignificant.\par\pard\plain\sb198\cf1\f51\fs16\ql Changes to noncontrolling inter
ests during the first six months of 2010 resulted from net earnings $166 million
, dividends $(259) million, the effects of\plain\cf1\f51\fs16\ql deconsolidatin
g Regency $(979) million, AOCI $(47) million and other $65 million. Changes to t
he individual components of AOCI attributable to\plain\cf1\f51\fs16\ql noncontr
olling interests were insignificant.\par\pard\plain\sb198\cf1\f51\fs16\ql Change
s to noncontrolling interests during the second quarter of 2009 resulted from ne
t earnings $12 million, dividends $(93) million, AOCI $29 million\plain\cf1\f51\
fs16\ql and other $(12) million. Changes to the individual components of AOCI a
ttributable to noncontrolling interests were insignificant.\par\pard\plain\sb198
\cf1\f51\fs16\ql Changes to noncontrolling interests during the first six months
of 2009 resulted from net earnings $97 million, dividends $(292) million, the e
ffects of\plain\cf1\f51\fs16\ql deconsolidating Penske Truck Leasing Co., L.P.
(PTL) $(331) million, AOCI $(4) million and other $(24) million. Changes to the
individual components\plain\cf1\f51\fs16\ql of AOCI attributable to noncontroll
ing interests were insignificant.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\pla
in\cf1\f51\fs16\qc (26)
1\fs16\b\ql 12. GECS REVENUES FROM SERVICES\par\pard\plain\sb88\cf1\f51\fs16\ql
GECS revenues from services are summarized in the following table.\par\pard\plai
\par\pard\plain
lb\cellx7874\clvertalc\cellx8186\clvertalc\cellx8826\clvertalb\cellx9138\clverta
h172
h172\row}}}
cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plai
n\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\p
ard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 200
9\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Interest on loans(a)\cell\pard\pl
ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 11,330\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f
51\fs16\qr 10,180\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Equipment leased to others\cell\p
\qr 2,927\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Fees(a)\cell\pard\plain\intbl\cf1
2,259\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Investment income(a)(b)\cell\pard
\f51\fs16\qr 1,658\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Financing leases(a)\cell\pard\pla
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 830\c

\fs16\qr 1,738\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Premiums earned by insurance acti
vities\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net securitization gains(a)\cell\
51\fs16\qr 394\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\
rd\plain\intbl\cf1\f51\fs16\qr 720\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Real estate investments\cell\pard

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Associated companies\cell\pard\pl
d\plain\intbl\cf1\f51\fs16\qr 460\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cel
1\fs16\qr 474\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other items(c)(d)\cell\pard\plain
lain\intbl\cf1\f51\fs16\qr 858\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p
s16\qr 2,267\cell{
rcf1\clvertalb\cellx8826\clvertalb\cellx9138\clbrdrt\brdrs\brdrcf1\clvertalb\cel
lx9450\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9928\trrh29

lx9450\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9928\trrh29\row}}}
intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 13,252\cell\pard\p
d\plain\intbl\cf1\f51\fs16\qr 25,870\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\
,436\cell{
db\brdrcf1\clvertalb\cellx8826\clvertalb\cellx9138\clbrdrt\brdrdb\brdrcf1\clvert
alb\cellx9450\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9928\trrh63
alb\cellx9450\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9928\trrh63\row}}}\pard\plai
n\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql On J
anuary\~1, 2010, we adopted ASU 2009-16\~& 17 which required us to consolidate s
ubstantially all of our former QSPEs. As a result, 2010\plain\intbl\cf1\f51\fs16
\ql GECS Revenues from services include interest and fee income from these enti
ties, which were not presented on a consolidated basis in 2009. Also\plain\intbl
\cf1\f51\fs16\ql beginning in 2010, we no longer record gains for substantially
all of our securitizations as they are recorded as on-book financings. See Note
16.\cell{
\pard\plain
uded net other-than-temporary impairments on investment securities of $56 millio
n and $97 million in the second quarters of 2010 and 2009,\plain\intbl\cf1\f51\f
s16\ql respectively, and $135 million and $329 million in the first six months
of 2010 and 2009, respectively. See Note 3.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uded a gain on the sale of a limited partnership interest in PTL and a related g
ain on the remeasurement of the retained investment to fair value\plain\intbl\cf
1\f51\fs16\ql totaling $296 million in the first quarter of 2009.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (d)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uding a gain of $343 million on the remeasurement to fair value of our equity me
thod investment in BAC Credomatic GECF Inc. (BAC),\plain\intbl\cf1\f51\fs16\ql
following our acquisition of a controlling interest in the second quarter of 200
9.\cell{
1\fs16\b\ql 13. EARNINGS PER SHARE INFORMATION\par\pard\plain\sb88\cf1\f51\fs16\
ql GE\u8217?s authorized common stock consists of 13,200,000,000 shares having a
par value of $0.06 each. Information related to the calculation of\plain\cf1\f5
1\fs16\ql earnings per share follows.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
ll\pard\plain\intbl\cf1\f51\fs13\b\qc Three months ended June\~30\cell\pard\plai
ll\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\intbl\cf1\f51\fs13\ql
b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
\pard\plain\intbl\cf1\f51\fs13\b\ql (In millions; per-share amounts in dollars)\
cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc
Diluted\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Basic\cell\pard\plain\intbl\c
\cf1\f51\fs13\b\qc Diluted\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Basic\cell\
pany:\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql

ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Consolidated\cell\pard\plain\in
ns for per-share calculation(a)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pa
ell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,2
qr 2,876\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51
w}}}
d\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql
intbl\cf1\f51\fs16\ql )\~\cell{
\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\par
ns attributable to common shareowners for\plain\intbl\cf1\f51\fs16\ql per-share
calculation\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\
f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,198\cell\pard\plain\intbl\
l\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,198\cell\pard\plain\
w}}}
for per-share calculation\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
(194\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs
fs16\qr (194\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Net earnings attributable to GE c
ommon shareowners for per-share calculation\cell\pard\plain\intbl\cf1\f51\fs13\q

in\intbl\cf1\f51\fs16\qr 2,607\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Average equivalent shares\cell\
pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Shares of GE common stock outstan
ding\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16

plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,609\cell
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Employee compensation-related sha
res, including stock options\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\
ll{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total average equivalent shares\c
w}}}
in\intbl\f0\fs16\ql \~\cell{
ns\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\q
l $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.30\cell\pard\plain\intbl\cf1\f51\fs1
s16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.30\cell\pard\plain\intbl\cf1\f5
f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.26\cell\pard\plain\intbl\c
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.26\cell\pard\plain\in
w}}}

\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (0.02\cell\pard\plain\intbl\cf1\f51\fs1
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (0.02\cell\pard\plain\intbl\cf1
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (0.02\cell\pard\plain\i
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (0.02\cell\pard
\plain\intbl\cf1\f51\fs16\ql )\~\cell{
tbl\cf1\f51\fs16\qr 0.28\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plai
ain\intbl\cf1\f51\fs16\qr 0.28\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\par
ard\plain\intbl\cf1\f51\fs16\qr 0.25\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
\~\cell{
w}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\q
l \~\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (28)
\par\pard\plain

ll\pard\plain\intbl\cf1\f51\fs13\b\qc Six months ended June\~30\cell\pard\plain\
b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc
Diluted\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Basic\cell\pard\plain\intbl\c
\cf1\f51\fs13\b\qc Diluted\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Basic\cell\
pany:\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Consolidated\cell\pard\plain\in
ns for per-share calculation(a)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pa
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51
w}}}
d\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql
ns attributable to common shareowners for\plain\intbl\cf1\f51\fs16\ql per-share
calculation\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\
f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,440\cell\pard\plain\intbl\
l\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,439\cell\pard\plain\
w}}}
for per-share calculation\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
fs16\qr (215\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
ommon shareowners for per-share calculation\cell\pard\plain\intbl\cf1\f51\fs13\q
in\intbl\cf1\f51\fs16\qr 5,353\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Average equivalent shares\cell\
pard\plain\intbl\f0\fs16\ql \~\cell{
ding\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16
w}}}
res, including stock options\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\
ll{

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total average equivalent shares\c
w}}}
ns\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\q
l $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.51\cell\pard\plain\intbl\cf1\f51\fs1
s16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.51\cell\pard\plain\intbl\cf1\f5
f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.53\cell\pard\plain\intbl\c
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.53\cell\pard\plain\in
w}}}
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (0.05\cell\pard\plain\intbl\cf1
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (0.02\cell\pard\plain\i
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (0.02\cell\pard
tbl\cf1\f51\fs16\qr 0.45\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plai
ard\plain\intbl\cf1\f51\fs16\qr 0.51\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
\~\cell{
w}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\q
l \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uded an insignificant amount of dividend equivalents in each of the periods pres
ented and an insignificant amount related to accretion of\plain\intbl\cf1\f51\fs
16\ql redeemable securities for the three and six months ended June\~30, 2010.\
cell{
{\trowd\cellx432\cellx10800\trrh413\row}}}\pard\plain\sb198\cf1\f51\fs16\ql For
the three and six months ended June\~30, 2010 and 2009, there were approximately
309\~million and 311\~million, respectively, and 337\~million and\plain\cf1\f51
\fs16\ql 342\~million, respectively, of outstanding stock awards that were not
included in the computation of diluted earnings per share because their effect w
as\plain\cf1\f51\fs16\ql anti-dilutive.\par\pard\plain\sb198\cf1\f51\fs16\ql Ea
rnings-per-share amounts are computed independently for earnings from continuing
operations, loss from discontinued operations and net earnings. As\plain\cf1\f5
1\fs16\ql a result, the sum of per-share amounts from continuing operations and
discontinued operations may not equal the total per-share amounts for net\plain
\cf1\f51\fs16\ql earnings.\par\pard\plain\sb286\cf1\f51\fs16\b\ql 14. FAIR VALU
E MEASUREMENTS\par\pard\plain\sb88\cf1\f51\fs16\ql For a description on how we e
stimate fair value, see Note 1 in our 2009 consolidated financial statements for
information.\par\pard\plain\sb198\cf1\f51\fs16\ql The following tables present
our assets and liabilities measured at fair value on a recurring basis. Included
in the tables are investment securities of\plain\cf1\f51\fs16\ql $27,329 milli
on and $25,729 million at June\~30, 2010 and December\~31, 2009, respectively, p
rimarily supporting obligations to annuitants and\plain\cf1\f51\fs16\ql policyh
olders in our run-off insurance operations, and $6,168 million and $6,629 millio
n at June\~30, 2010 and December\~31, 2009, respectively,\plain\cf1\f51\fs16\ql
supporting obligations to holders of GICs in Trinity (which ceased issuing new
investment contracts beginning in the first quarter of 2010), and\plain\cf1\f51\
fs16\ql investment securities held at our global banks. Such securities are mai
nly investment-grade.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\f
s16\qc (29)
\par\pard\plain
b\cellx7321\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8280\clvertalb\cellx8515\clbrdr
b\brdrs\brdrcf1\clvertalb\cellx9588\clvertalb\cellx9725\clvertalb\cellx9947\clbr
drb\brdrs\brdrcf1\clvertalb\cellx10794\trrh344
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Level\~1(a)\cell\pard\plain
\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Level\~2(a)\

cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\
qc Level\~3(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\
cf1\f51\fs13\b\qc Netting
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc adjustment(c)\cell\par
ard\plain\intbl\cf1\f51\fs13\b\qc Net\~balance\cell{
drb\brdrs\brdrcf1\clvertalb\cellx10794\trrh344\row}}}
llx8283\clvertalc\cellx9728\clvertalc\cellx10798\trrh-66\trrh0
llx8283\clvertalc\cellx9728\clvertalc\cellx10798\trrh-66\trrh0\row}}}
t12\cellx10314\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10792\trrh206
tbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\
l\pard\plain\intbl\f0\fs16\ql \~\cell{
t12\cellx10314\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10792\trrh206\row}}
}
vertalb\cellx9586\clvertalb\cellx9723\clvertalb\cellx9945\clvertalb\cellx10314\c
lvertalb\cellx10792\trrh206

lvertalb\cellx10792\trrh206\row}}}
lain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pl
ain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pla
}
l\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain
\intbl\f0\fs16\ql \~\cell{
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 19,673\cell\
cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl
\cf1\f51\fs16\qr 23,167\cell{
}
qr 2,539\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5
51\fs16\qr 2,955\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intb
in\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\
}
cell\pard\plain\intbl\cf1\f51\fs16\qr 2,877\cell{

1\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain
in\intbl\cf1\f51\fs16\qr 2,759\cell{
}
pard\plain\intbl\cf1\f51\fs16\qr 2,296\cell{
}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Retained interests(d)\cell\pard\p
}
ell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\ce
plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pla
tbl\cf1\f51\fs16\qr 639\cell{
}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Derivatives(e)\cell\pard\plain\in
,118\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
\f51\fs16\qr (4,839\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\in
}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other(f)\cell\pard\plain\intbl\cf
lain\intbl\cf1\f51\fs16\qr 897\cell{
clvertalb\cellx8279\clvertalb\cellx8514\clbrdrt\brdrs\brdrcf1\clvertalb\cellx894
6\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9586\clvertalc\cellx9723\clvertalb\cellx9
ellx10792\trrh29
ntbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 44,872\cell\pard\pl
ll\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (4,8
\qr 50,985\cell{
}
drcf1\clvertalb\cellx8279\clvertalb\cellx8514\clbrdrt\brdrdb\brdrcf1\clvertalb\c
ellx8946\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9586\clvertalc\cellx9723\clvertal
b\cellx9945\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10314\clbrdrt\brdrdb\brdrcf1\c
ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\q
l\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\p
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Derivatives\cell\pard\plain\intbl
\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\in
tbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\
l \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs1
6\qr (4,848\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\
f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1
\f51\fs16\qr 2,573\cell{
}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other(g)\cell\pard\plain\intbl\cf
cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\
ellx10792\trrh29
\pard\plain\intbl\cf1\f51\fs16\qr 491\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~
\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (
13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\f
s16\qr 3,332\cell{
}

0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0
\cell\pard\plain\intbl\f0\fs16\ql \~\cell{

}
ain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pla
l\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain
}
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 19,669\cell\
cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl
\cf1\f51\fs16\qr 23,650\cell{
}
}
r 692\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
\plain\intbl\cf1\f51\fs16\qr 1,840\cell{
}
6\qr 1,483\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 176\cell\pard\plain\intbl\c
bl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\p
\pard\plain\intbl\cf1\f51\fs16\qr 2,936\cell{
}
\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,831\cell{
ell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\ce
plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pla
}
tbl\cf1\f51\fs16\qr 739\cell{
}
,056\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
\f51\fs16\qr (3,851\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\in
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other(f)\cell\pard\plain\intbl\cf

\plain\intbl\cf1\f51\fs16\qr 1,006\cell{
}
ellx10792\trrh29
ell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (3,
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs1
6\qr 60,956\cell{
}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Derivatives\cell\pard\plain\intbl
tbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\
l \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs1
6\qr (3,860\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\
\f51\fs16\qr 3,657\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other(g)\cell\pard\plain\intbl\cf
cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\
}
ellx10792\trrh29
\pard\plain\intbl\cf1\f51\fs16\qr 222\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~
s16\qr 4,455\cell{
lvertalb\cellx10792\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\br
drb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Tran
sfers between Level 1 and 2 were insignificant.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Leve
l 3 investment securities valued using non-binding broker quotes totaled $748 mi
llion and $1,055 million at June\~30, 2010 and December\~31,\plain\intbl\cf1\f51
\fs16\ql 2009, respectively, and were classified as available-for-sale securiti
es.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql The
netting of derivative receivables and payables is permitted when a legally enfor
ceable master netting agreement exists. Included fair value\plain\intbl\cf1\f51\
fs16\ql adjustments related to our own and counterparty credit risk.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (d)\cell\pard\plain\intbl\cf1\f51\fs16\ql Subs
tantially all of our retained interests were consolidated in connection with our
adoption of ASU 2009-16\~& 17 on January\~1, 2010.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (e)\cell\pard\plain\intbl\cf1\f51\fs16\ql The
fair value of derivatives included an adjustment for non-performance risk. At bo
th June\~30, 2010 and December\~31, 2009, the cumulative\plain\intbl\cf1\f51\fs1
6\ql adjustment was a gain $9 million. See Note 15 for additional information o
n the composition of our derivative portfolio.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (f)\cell\pard\plain\intbl\cf1\f51\fs16\ql Incl
uded private equity investments and loans designated under the fair value option
.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (g)\cell\pard\plain\intbl\cf1\f51\fs16\ql Prim
arily represented the liability associated with certain of our deferred incentiv
e compensation plans.\cell{
{\trowd\cellx432\cellx9830\trrh206\row}}}\pard\plain\cf1\f51\fs13\ql \~\par\pard
\plain\cf1\f51\fs16\qc (30)
1\fs16\ql The following tables present the changes in Level 3 instruments measur
ed on a recurring basis for the three months ended June\~30, 2010 and 2009 and\p
lain\cf1\f51\fs16\ql the six months ended June\~30, 2010 and 2009. The majority
of our Level 3 balances consist of investment securities classified as availabl
e-for-sale with\plain\cf1\f51\fs16\ql changes in fair value recorded in shareow
ners\u8217? equity.\par\pard\plain\li44\sb286\cf1\f51\fs16\b\ql Changes in Level
3 Instruments for the Three Months Ended June\~30, 2010\par\pard\plain\cf1\f51\
fs18\ql \~
\par\pard\plain
cell{
clvertalb\cellx9434\clbrdrr\brdrs\brdrcf1\clvertalb\cellx9504\clvertalb\cellx959
1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10655\clvertalb\cellx10792\trrh1375
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc April 1,
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Net\~realized/
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc gains(losses)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc included in
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc earnings(a)\cell\pard\
d\plain\intbl\cf1\f51\fs13\b\qc Net realized/
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc gains (losses)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc accumulated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc other
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc comprehensive
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc income\cell\pard\plain
in\intbl\cf1\f51\fs13\b\qc Purchases,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc issuances
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc and
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc settlements\cell\pard\
d\plain\intbl\cf1\f51\fs13\b\qc Transfers
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc in and/or
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc out of
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Level\~3(b)\cell\pard\
d\plain\intbl\cf1\f51\fs13\b\qc June\~30,
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs20\ql \~\plain\intbl\cf1
f1\f51\fs13\b\qc Net change
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc in\~unrealized
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc relating to
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc instruments
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc still held at
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc June 30,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010\~(c)\cell\pard\pl
1\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10655\clvertalb\cellx10792\trrh1375\row}}
}
llx5957\clvertalc\cellx7173\clvertalc\cellx8356\clvertalc\cellx9350\clbrdrr\brdr
s\brdrcf1\clvertalc\cellx9507\clvertalc\cellx10795\trrh248
6\ql \~\cell\pard\plain\intbl\cf1\f51\fs20\ql \~\cell\pard\plain\intbl\f0\fs16\q
l \~\cell{
s\brdrcf1\clvertalc\cellx9507\clvertalc\cellx10795\trrh248\row}}}
2\clcbpat12\cellx9431\clbrdrr\brdrs\brdrcf1\clvertalb\clshdng100\clcfpat12\clcbp
n\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\i
ntbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs1
~\cell{
brdrr\brdrs\brdrcf1\clvertalb\cellx9501\clvertalb\cellx9588\clvertalb\cellx10011
rd\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{

ain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 16\cell\pard\p
rd\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 31\cell\p
cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (6
\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\q
r 3,309\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\f
\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\int
bl\cf1\f51\fs16\ql \~\~\cell{
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~
16\qr (5\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51
s16\ql mortgage-backed\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6\cell\pard\plain\intbl\cf1
ell{
16\ql mortgage-backed\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\
lain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3\cell\pard\plain\intbl\cf1
ll{
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4\cell\p
6\qr 1,885\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f5
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain
\intbl\cf1\f51\fs16\ql \~\~\cell{
\f51\fs16\ql non-U.S.\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\
\plain\intbl\cf1\f51\fs16\qr 2\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\p
~\cell\pard\plain\intbl\cf1\f51\fs16\qr (26\cell\pard\plain\intbl\cf1\f51\fs16\q
tbl\cf1\f51\fs16\qr (7\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Government \u8211?\plain\intbl\cf
1\f51\fs16\ql non-U.S.\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 143\cell\par

\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16
\ql \~\~\cell{
\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql U.S. government and\plain\intbl\c
f1\f51\fs16\ql federal agency\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\par
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1\cell\pard\plain\intbl
f51\fs16\ql \~\~\cell{
ain\intbl\cf1\f51\fs16\qr 43\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1\cell\par
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1\cell
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2\
\cf1\f51\fs16\qr 41\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\int
ard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16

pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\qr (1\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\f
\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\
\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
f1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Derivatives(d)\cell\pard\plain\in
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5\cell\p
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6\cel
\f51\fs16\qr 266\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\
tbl\cf1\f51\fs16\ql \~\~\cell{
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (10\cell\pard\plain\int
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (45\cell\pard\pla
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 28\cell

\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (10\cell\pard\plain\intbl\cf1\f51\f
s16\ql )\~\cell{
b\cellx9344\clvertalb\cellx9431\clbrdrr\brdrs\brdrcf1\clvertalb\cellx9501\clvert
alb\cellx9588\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10011\clbrdrt\brdrs\brdrcf1\c
lvertalb\cellx10651\clvertalc\cellx10788\trrh29
lvertalb\cellx10651\clvertalc\cellx10788\trrh29\row}}}
51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 74\cell\pard\plain\intb
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 307\cell\par
ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (78\cell
\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 45\cell\pard\plain\intbl\cf1\f51\fs1
6\ql \~\~\cell{
cf1\clvertalb\cellx9344\clvertalb\cellx9431\clbrdrr\brdrs\brdrcf1\clvertalb\cell

\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Earn
ings effects are primarily included in the \u8220?GECS revenues from services\u8
221? and \u8220?Interest and other financial charges\u8221?\plain\intbl\cf1\f51\
fs16\ql captions in the Condensed Statement of Earnings.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Tran
sfers in and out of Level 3 are considered to occur at the beginning of the peri
od. Transfers out of Level 3 were a result of increased use of\plain\intbl\cf1\f
51\fs16\ql quotes from independent pricing vendors based on recent trading acti
vity.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql Repr
esented the amount of unrealized gains or losses for the period included in earn
ings.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (d)\cell\pard\plain\intbl\cf1\f51\fs16\ql Repr
esented derivative assets net of derivative liabilities and included cash accrua
ls of $50 million not reflected in the fair value hierarchy table.\cell{
1\fs16\b\ql Changes in Level 3 Instruments for the Three Months Ended June\~30,
2009\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
cell{
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc April 1,
d\plain\intbl\cf1\f51\fs13\b\qc June 30,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2009(c)\cell\pard\plai
}
l \~\cell{

~\cell{
ain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (66\cell\pard\
rd\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 199\cell\
l\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 24\ce
1\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 2\cell\pard\plain\intbl\cf1\f5
1\fs16\ql \~\~\cell{
\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1\cell\pa
\qr 25\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (44\cel

1\f51\fs16\ql \~\~\cell{
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (8\cell\p
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 50\c
51\fs16\ql \~\~\cell{
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\ql \~\~\cell{

lain\intbl\cf1\f51\fs16\qr (4\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\par
ll\pard\plain\intbl\cf1\f51\fs16\qr (36\cell\pard\plain\intbl\cf1\f51\fs16\ql )\
1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3\cell\pard\plain\intbl\cf1\f
{
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\pla
ntbl\cf1\f51\fs16\ql \~\~\cell{
ain\intbl\cf1\f51\fs16\qr 6,444\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pa

\qr 3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs1
s16\qr (2\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f5
f51\fs16\qr 1\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\c
{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Derivatives(d)(e)\cell\pard\plain
in\intbl\cf1\f51\fs16\qr 926\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (15\cell\pa
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (22\c
fs16\qr 10\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\
1\f51\fs16\qr 789\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl
\intbl\cf1\f51\fs16\ql )\~\cell{
\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 50\cell\pa
pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212
?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
f51\fs16\qr 13,894\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intb
n\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 734\cell\pard\pl
ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (21\cell
6\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (87\cell\pard\plain\intbl\cf1\f51\f
s16\ql )\~\cell{

\par\pard\plain
\pard\plain
vity.\cell{
\pard\plain
ings.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (d\cell\pard\plain\intbl\cf1\f51\fs16\ql Losse
s from derivatives were more than offset by $66 million in gains from related de
rivatives included in Level 2 and $5 million in gains from\plain\intbl\cf1\f51\f
s16\ql qualifying fair value hedges.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (e)\cell\pard\plain\intbl\cf1\f51\fs16\ql Repr

1\fs16\b\ql Changes in Level 3 Instruments for the Six Months Ended June\~30, 20
\par\pard\plain
cell{
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc January\~1,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010\~(a)\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Net\~realiz
ed/
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc earnings(b)\cell\pard\

\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Level\~3(c)\cell\pard\
d\plain\intbl\cf1\f51\fs13\b\qc June\~30,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010\~(d)\cell\pard\pl
}
l \~\cell{
~\cell{
rd\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 82\cell\p
\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (57\ce
1\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\ql \~\~\cell{
1\fs16\qr (4\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1
d\plain\intbl\cf1\f51\fs16\qr 238\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\

51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1\cell\pard\plain\intbl\cf1
ll{
l\pard\plain\intbl\cf1\f51\fs16\qr (3\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\int
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 52\cell\pard\pla
~\~\cell{
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 62\c
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\ql \~\~\cell{
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (195\cell\pard\plain\intbl\cf1\f51\
tbl\cf1\f51\fs16\qr (20\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (25\cell\pard\plain\intbl\c

cell{
f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2\cell\pard\plain\intbl
f51\fs16\ql \~\~\cell{

\qr (1\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\f
{
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2\cell
\qr (60\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\
\cf1\f51\fs16\ql \~\~\cell{
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (25\cell\pard\plain\int
intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (68\cell\pard\pla
fs16\qr 897\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f

\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 198\cell\pard\plain\int
\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (11\cell\pard\pla
s16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 50\cell\pard\plain\intbl\cf1\f51\
fs16\ql \~\~\cell{

\par\pard\plain
uded $1,015 million in debt securities, a reduction in retained interests of $8,
782 million and a reduction in derivatives of $365 million related\plain\intbl\c
f1\f51\fs16\ql to adoption of ASU 2009-16\~& 17.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Earn
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql Tran
vity.\cell{
\pard\plain
ings.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (e)\cell\pard\plain\intbl\cf1\f51\fs16\ql Repr
1\fs16\b\ql Changes in Level 3 Instruments for the Six Months Ended June\~30, 20
\par\pard\plain
cell{
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc January\~1,
d\plain\intbl\cf1\f51\fs13\b\qc June 30,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2009\~(c)\cell\pard\pl
}
l \~\cell{
~\cell{

ain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (118\cell\pard
ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 62\cell\
l\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (60\c
3\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs
\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 3\cell\pard\plain\intbl\cf1
\f51\fs16\ql \~\~\cell{
16\qr (107\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f
\f51\fs16\qr (8\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\
l\cf1\f51\fs16\qr 25\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\
n\intbl\cf1\f51\fs16\qr 157\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\p
~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (20\cell\pard\plain\intbl\cf1\f
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (76\cell\pard\plain\intbl
\cell{
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (8\cell\pard\plain\intbl\cf1\f51\fs16\q
\~\~\cell{
pard\plain\intbl\cf1\f51\fs16\qr 15\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cel
\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell{
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3\cell\pard\plain\intbl\cf1\f51\

ell{
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1\cell\pard\plain\intbl\c
~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f5
1\fs16\ql \~\~\cell{

s16\qr 18\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51
intbl\cf1\f51\fs16\ql \~\~\cell{
{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Derivatives(d)\cell\pard\plain\in
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 9\cell\pard\
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (65\cel
16\qr 15\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f5
f51\fs16\qr 789\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\c
ntbl\cf1\f51\fs16\ql )\~\cell{
\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 45\cell\pa

1\fs16\ql )\~\cell{
n\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 373\cell\pard\pl
ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (699\cel
fs16\ql )\~\cell{

\par\pard\plain
\pard\plain
vity.\cell{
\pard\plain
ings.\cell{
\pard\plain
1\fs16\b\ql Non-Recurring Fair Value Measurements\par\pard\plain\sb88\cf1\f51\fs
16\ql The following table represents non-recurring fair value amounts (as measur
ed at the time of the adjustment) for those assets remeasured to fair value on a
\plain\cf1\f51\fs16\ql non-recurring basis during the fiscal year and still hel
d at June\~30, 2010 and at December\~31, 2009.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
h516
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Remeasured\~during
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc the\~six\~months\~ende
d
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc June\~30, 2010\cell\pa
rd\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Reme
asured\~during
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc the year ended
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc December\~31, 2009\cel
l{
h516\row}}}
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Level\~2\cell\pard\plain\in
tbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Level 3\cell\pa
rd\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Leve
l\~2\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
13\b\qc Level 3\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Financing receivables and loans h
eld for sale\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf
1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 138\cell\pard\plain\intbl\
d\plain\intbl\cf1\f51\fs16\qr 5,420\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Cost and equity method investment
ntbl\cf1\f51\fs16\qr 504\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pl
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,006\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Long-lived assets, including real
estate\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Retained investment in formerly c
onsolidated subsidiaries(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,903\cell{
lx9453\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9931\trrh29
lx9453\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9931\trrh29\row}}}
bl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,694\cell\pard\plai
ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 17,434\c
ell{
\par\pard\plain
udes the fair value of private equity and real estate funds included in Level 3
of $113 million and $409 million at June\~30, 2010 and\plain\intbl\cf1\f51\fs16\
ql December\~31, 2009, respectively.\cell{
\pard\plain
ng the first six months ended June\~30, 2010, we had a retained investment in Re
gency, a formerly consolidated subsidiary, in Level 1 that was\plain\intbl\cf1\f
51\fs16\ql remeasured to a fair value of $549 million.\cell{
{\trowd\cellx432\cellx10800\trrh412\row}}}\pard\plain\sb198\cf1\f51\fs16\ql The
following table represents the fair value adjustments to assets measured at fair
value on a non-recurring basis and still held at June\~30, 2010 and\plain\cf1\f
51\fs16\ql June\~30, 2009.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
cell{
eld for sale\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf
1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (684\cell\pard\plain\intbl
tbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (430\cell\pard\plain
ain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,211\cell\pa
w}}}
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (492\cell\pard
estate\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (747\cell\pard\plain\intbl\cf1
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,348\cell\pard
ard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (321\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Retained investments in formerly
consolidated\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0
\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql subsidiaries\cell\pard\plain\intb
\cell{
w}}}
intbl\cf1\f51\fs16\qr (874\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\p
plain\intbl\cf1\f51\fs16\qr (2,470\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cel
ll\pard\plain\intbl\cf1\f51\fs16\qr (1,293\cell\pard\plain\intbl\cf1\f51\fs16\ql
)\~\cell{
\par\pard\plain
udes fair value adjustments associated with private equity and real estate funds
of $13 million and $74 million in the second quarters of 2010\plain\intbl\cf1\f
51\fs16\ql and 2009, respectively, and $26 million and $171 million in the firs
t six months of 2010 and 2009, respectively.\cell{
{\trowd\cellx432\cellx10800\trrh413\row}}}\pard\plain\sb286\cf1\f51\fs16\b\ql 15
. FINANCIAL INSTRUMENTS\par\pard\plain\sb88\cf1\f51\fs16\ql The following table
provides information about the assets and liabilities not carried at fair value
in our Condensed Statement of Financial Position.\plain\cf1\f51\fs16\ql Consist
ent with ASC 825,\plain\cf1\f51\fs16\i\ql Financial Instruments\plain\cf1\f51\
fs16\ql , the table excludes financing leases and non-financial assets and liab
ilities. Apart from certain of our\plain\cf1\f51\fs16\ql borrowings and certain
marketable securities, few of the instruments identified below are actively tra
ded and their fair values must often be determined\plain\cf1\f51\fs16\ql using
financial models. Realization of the fair value of these instruments depends upo
n market forces beyond our control, including marketplace liquidity.\plain\cf1\f
51\fs16\ql For a description on how we estimate fair value, see Note 22 in our
2009 consolidated financial statements.\par\pard\plain\cf1\f51\fs13\ql \~\par\pa
\par\pard\plain
ellx10649\clvertalc\cellx10786\cellx10789\trrh-66\trrh0
ellx10649\clvertalc\cellx10786\cellx10789\trrh-66\trrh0\row}}}
{\trowd\clvertalb\clvmgf\cellx3510\clvertalb\cellx3759\clbrdrb\brdrs\brdrcf1\clv
ertalb\cellx10658\clvertalb\cellx10795\cellx10798\trrh172
ertalb\cellx10658\clvertalb\cellx10795\cellx10798\trrh172\row}}}
{\trowd\clvertalb\clvmrg\cellx3510\clvertalb\cellx3759\clbrdrb\brdrs\brdrcf1\clv
lvertalb\cellx10657\clvertalb\cellx10794\clvertalc\cellx10795\cellx10796\trrh172
pard\plain\intbl\cf1\f51\fs13\b\qc June\~30, 2010\cell\pard\plain\intbl\cf1\f51\
1\fs13\b\qc December\~31, 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\par
lvertalb\cellx10657\clvertalb\cellx10794\clvertalc\cellx10795\cellx10796\trrh172
\row}}}
{\trowd\clvertalb\clvmrg\cellx3510\clvertalb\cellx3759\clvertalb\cellx4418\clver
ertalb\cellx7152\clvertalb\cellx7382\clvertalb\cellx8041\clvertalb\cellx8178\clv
ertalb\cellx8423\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10653\clvertalb\cellx10790
\clvertalc\cellx10791\clvertalc\cellx10792\trrh172
l\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc As
sets (liabilities)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intb
intbl\cf1\f51\fs13\b\qc Assets (liabilities)\cell\pard\plain\intbl\cf1\f51\fs13\
ll{
ertalb\cellx8423\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10653\clvertalb\cellx10790
\clvertalc\cellx10791\clvertalc\cellx10792\trrh172\row}}}
rtalb\cellx8041\clvertalb\cellx8178\clvertalb\cellx8423\clbrdrb\brdrs\brdrcf1\cl
vertalb\cellx9324\clvertalb\cellx9461\clvertalb\cellx9725\clbrdrb\brdrs\brdrcf1\
clvertalb\cellx10653\clvertalb\cellx10790\clvertalc\cellx10791\clvertalc\cellx10
792\trrh516
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Notional
in\intbl\cf1\f51\fs13\b\qc Carrying
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc amount
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc (net)\cell\pard\plain\
n\intbl\cf1\f51\fs13\b\qc Estimated
\plain\intbl\cf1\f51\fs13\b\qc Notional
in\intbl\cf1\f51\fs13\b\qc Carrying
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc (net)\cell\pard\plain\
n\intbl\cf1\f51\fs13\b\qc Estimated

clvertalb\cellx10653\clvertalb\cellx10790\clvertalc\cellx10791\clvertalc\cellx10
792\trrh516\row}}}
llx7153\clvertalc\cellx8180\clvertalc\cellx9463\clvertalc\cellx10792\clvertalc\c
cell{
llx7153\clvertalc\cellx8180\clvertalc\cellx9463\clvertalc\cellx10792\clvertalc\c
clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10032\clvertalb\clshdng100\clcfpat
12\clcbpat12\cellx10649\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10786\clve
rtalc\clshdng100\clcfpat12\clcbpat12\cellx10787\clvertalc\clshdng100\clcfpat12\c
lcbpat12\cellx10788\trrh206
\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\in
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16
ell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell
lcbpat12\cellx10788\trrh206\row}}}
clvertalb\cellx10786\clvertalc\cellx10787\clvertalc\cellx10788\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Assets\cell\pard\plain\intbl\cf1\
plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
clvertalb\cellx10786\clvertalc\cellx10787\clvertalc\cellx10788\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Investments and notes receivable\
$\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs16\q
6\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 400\cell\pard\plain\intbl\cf1\f51\f

\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 400\cell\pard\plain\intbl\cf1\f
\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf
\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 412\cell\pard\plain\int
ntbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 412\cell\pard\plain
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Liabilities\cell\pard\plain\intbl
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Borrowings\cell\pard\plain\intbl\
tbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain
in\intbl\cf1\f51\fs16\qr (9,906\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\p
\pard\plain\intbl\cf1\f51\fs16\qr (10,783\cell\pard\plain\intbl\cf1\f51\fs16\ql
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs1
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (12,185\cell\pard\plain\intbl\c
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (12,757\cell\pard\pla
in\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Assets\cell\pard\plain\intbl\cf1\
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Loans(b)\cell\pard\plain\intbl\cf
l\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\i
\intbl\cf1\f51\fs16\qr 285,409\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\par
ard\plain\intbl\cf1\f51\fs16\qr 279,746\cell\pard\plain\intbl\cf1\f51\fs16\ql \~
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs16\q
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 269,283\cell\pard\plain\i
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Other commercial mortgages\cell\p
ll\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\

plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Loans held for sale\cell\pard\pla
\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\p
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Other financial instruments(c)\ce
~\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs16\ql
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\in
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,096\cell\pard\
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Liabilities\cell\pard\plain\intbl
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Borrowings and bank deposits(b)(d
)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (481,661\cell\pard\plain\intbl\
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (487,574\cell\pard\p
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\p
l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (500
s16\qr (506,148\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\
f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Investment contract benefits\cell
cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs16\ql )
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (4,456\cell\pard\plain\intbl
tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\
in\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3,940\cell\pa
7\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\f0\fs16\ql \~\
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Guaranteed investment contracts\c
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\plain\intbl\cf1\f51\fs16\q
6\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (7,145\cell\pard\plain\intbl\cf1\f
\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (a\cell\pard\pla
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (8,310\cell
,394\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\f0\fs16\ql
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Insurance \u8211? credit life(e)\
fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (80\cell\pard\plain\intbl\cf1\f
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (54\cell\pard\plain\intbl
ll\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell
clvertalb\cellx10786\clvertalc\cellx10787\clvertalc\cellx10788\trrh206\row}}}\pa
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Thes
e financial instruments do not have notional amounts.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Amou
nts at June\~30, 2010 reflect our adoption of ASU 2009-16\~& 17 on January\~1, 2

010. See Notes 5, 8 and 16.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql Prin
cipally cost method investments.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (d)\cell\pard\plain\intbl\cf1\f51\fs16\ql Fair
values exclude interest rate and currency derivatives designated as hedges of b
orrowings. Had they been included, the fair value of borrowings\plain\intbl\cf1\
f51\fs16\ql at June\~30, 2010 and December\~31, 2009 would have been reduced by
$3,844 million and $2,856 million, respectively.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (e)\cell\pard\plain\intbl\cf1\f51\fs16\ql Net
of reinsurance of $2,600 million and $2,800 million at June\~30, 2010 and Decemb
er\~31, 2009, respectively.\cell{
{\trowd\cellx432\cellx10163\trrh206\row}}}\pard\plain\sb286\cf1\f51\fs16\b\ql Lo
an Commitments\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\trrh0
6\ql \~\cell{
\trrh0\row}}}
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Notional amount at\cell{
h344
\pard\plain\intbl\cf1\f51\fs13\b\ql (in millions)\cell\pard\plain\intbl\cf1\f51\
h344\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Ordinary course of business lendi
ng commitments (a)(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Unused revolving credit lines(c)\
ell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\ce
ll\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Commercial\cell\pard\plain\intbl\
{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Consumer \u8211? principally cred
it cards\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5
ntbl\cf1\f51\fs16\qr 231,880\cell{
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Excl
uded investment commitments of $2,687 million and $2,659 million as of June\~30,
2010 and December\~31, 2009, respectively.\cell{
\pard\plain
uded a $920 million and $972 million commitment as of June\~30, 2010 and Decembe
r\~31, 2009, respectively, associated with a secured\plain\intbl\cf1\f51\fs16\ql
financing arrangement that can increase to a maximum of $5,000 million and $4,
998 million based on the asset volume under the arrangement as of\plain\intbl\cf
1\f51\fs16\ql June\~30, 2010 and December\~31, 2009, respectively.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql Excl
uded inventory financing arrangements, which may be withdrawn at our option, of
$12,890 million and $13,889 million as of June\~30, 2010 and\plain\intbl\cf1\f51
\fs16\ql December\~31, 2009, respectively.\cell{
1\fs16\b\ql Derivatives and hedging\par\pard\plain\sb88\cf1\f51\fs16\ql As a mat
ter of policy, we use derivatives for risk management purposes, and we do not us
e derivatives for speculative purposes. A key risk management\plain\cf1\f51\fs16
\ql objective for our financial services businesses is to mitigate interest rat
e and currency risk by seeking to ensure that the characteristics of the debt ma
tch\plain\cf1\f51\fs16\ql the assets they are funding. If the form (fixed versu
s floating) and currency denomination of the debt we issue do not match the rela
ted assets, we\plain\cf1\f51\fs16\ql typically execute derivatives to adjust th
e nature and tenor of funding to meet this objective. The determination of wheth
er we enter into a derivative\plain\cf1\f51\fs16\ql transaction or issue debt d
irectly to achieve this objective depends on a number of factors, including cust
omer needs for specific types of financing, and\plain\cf1\f51\fs16\ql market re
lated factors that affect the type of debt we can issue.\par\pard\plain\sb198\cf
1\f51\fs16\ql Of the outstanding notional amount of $313,000 million at June\~30
, 2010, approximately 86% or $268,000 million, is associated with reducing or\pl
ain\cf1\f51\fs16\ql eliminating the interest rate, currency or market risk betw
een financial assets and liabilities in our financial services businesses. The r
emaining derivative\plain\cf1\f51\fs16\ql activities primarily relate to hedgin
g against adverse changes in currency exchange rates and commodity prices relate
d to anticipated sales and purchases,\plain\cf1\f51\fs16\ql providing certain d
erivatives and/or support arrangements to our customers, and contracts containin
g certain clauses which meet the accounting definition\plain\cf1\f51\fs16\ql of
a derivative. The instruments used in these activities are designated as hedges
when practicable. In certain cases, the hedged item is already recorded in\plai
n\cf1\f51\fs16\ql earnings currently, such as when we hedge a recognized foreig
n currency transaction (e.g., a receivable or payable) with a derivative. In suc
h instances,\plain\cf1\f51\fs16\ql hedge accounting is not necessary and the de
rivatives are classified as freestanding.\par\pard\plain\sb198\cf1\f51\fs16\ql T
he following table provides information about the fair value of our derivatives,
by contract type, separating those accounted for as hedges and those that\plain
\cf1\f51\fs16\ql are not.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
cell\pard\plain\intbl\cf1\f51\fs13\b\qc At June\~30, 2010\cell\pard\plain\intbl\
l\cf1\f51\fs13\b\qc At December\~31, 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\cell{
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Fair value\cell\pard\plain\intbl\cf1\f51
51\fs13\b\qc Fair value\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Assets\cell\pard\plain\intb
tbl\cf1\f51\fs13\b\qc Liabilities\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\
pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Asse
ts\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\q
l \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Liabilities\cell\pard\plain\intbl\c
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Derivatives accounted for as he
dges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql
\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
w}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Interest rate contracts\cell\pard
1\f51\fs16\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Currency exchange contracts\cell\
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,361\cell\pard\plain\
w}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Other contracts\cell\pard\plain\i
in\intbl\cf1\f51\fs16\qr 5\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pl
plain\intbl\cf1\f51\fs16\qr 1\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
l\pard\plain\intbl\cf1\f51\fs16\qr 4\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
ll{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Derivatives not accounted for a
s hedges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs1

fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
1\fs16\ql \~\cell{
w}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Other contracts\cell\pard\plain\i
in\intbl\cf1\f51\fs16\qr 396\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\
d\plain\intbl\cf1\f51\fs16\qr 60\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\p
\~\cell{
w}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Netting adjustment(a)\cell\pard
pard\plain\intbl\cf1\f51\fs16\qr (4,839\cell\pard\plain\intbl\cf1\f51\fs16\ql )\
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (4,848\cell\pard\plain\intbl\cf1\f51\f
1\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3,851\cell\pard\plain\intbl\
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3,860\cell\pard\pla

w}}}
\cell{
plain\sb88\cf1\f51\fs16\ql Derivatives are classified in the captions \u8220?All
other assets\u8221? and \u8220?All other liabilities\u8221? in our financial st
atements.\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql The
netting of derivative receivables and payables is permitted when a legally enfor
ceable master netting agreement exists. Amounts included fair\plain\intbl\cf1\f5
1\fs16\ql value adjustments related to our own and counterparty non-performance
risk. At both June\~30, 2010 and December\~31, 2009, the cumulative\plain\intbl
\cf1\f51\fs16\ql adjustment for non-performance risk was a gain of $9 million.\
cell{
1\fs16\b\ql Fair value hedges\par\pard\plain\sb88\cf1\f51\fs16\ql We use interes
t rate and currency exchange derivatives primarily to hedge the fair value effec
ts of interest rate and currency exchange rate changes on\plain\cf1\f51\fs16\ql
local and non-functional currency denominated fixed-rate debt. For relationship
s designated as fair value hedges, changes in fair value of the derivatives\plai
n\cf1\f51\fs16\ql are recorded in earnings along with offsetting adjustments to
the carrying amount of the hedged debt. The following tables provide informatio
n about the\plain\cf1\f51\fs16\ql earnings effects of our fair value hedging re
lationships for the three and six months ended June\~30, 2010 and 2009.\par\pard
\plain\cf1\f51\fs18\ql \~
\par\pard\plain
llx6690\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh172
~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Three months ended\cell{
llx6690\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh172\row}}}
llx6690\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8476\clvertalb\cellx8613\clvertalb\
cellx8878\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh172
~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30, 2010\cell\pard\plain\intbl
bl\cf1\f51\fs13\b\qc June\~30, 2009\cell{
cellx8878\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh172\row}}}
rtalb\cellx10072\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh516
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\ql Financial statement caption
\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b
\qc Gain (loss)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc on\~hedging
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc derivatives\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gain\~(
loss)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc on hedged
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc items\cell\pard\plain\
n\intbl\cf1\f51\fs13\b\qc Gain (loss)
d\plain\intbl\cf1\f51\fs13\b\qc Gain\~(loss)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc items\cell{
rtalb\cellx10072\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\trrh516\row}}}
\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Interest
and other financial charges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\par
ell\pard\plain\intbl\cf1\f51\fs16\qr (2,721\cell\pard\plain\intbl\cf1\f51\fs16\q
6\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (4,243\cell\pard\plain\intbl\cf1\f5
\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,260\cell{
}}
pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Inte
rest and other financial charges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 83\cell{
clvertalb\cellx10795\trrh206\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\
brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\sb198\cf1\f51\fs16\ql Fair va

lue hedges resulted in $(174) million and $9 million of ineffectiveness of which
$(1) million and $(48) million reflects amounts excluded from the\plain\cf1\f51
\fs16\ql assessment of effectiveness for the three months ended June\~30, 2010
and 2009, respectively.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\~\cell{
llx6570\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh172
~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Six months ended\cell{
llx6570\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh172\row}}}
cellx8882\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh172
~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30, 2010\cell\pard\plain\intbl
bl\cf1\f51\fs13\b\qc June\~30, 2009\cell{
cellx8882\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10797\trrh172\row}}}
rtalb\cellx9804\clvertalb\cellx10072\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\
trrh516
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\ql Financial statement caption
\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b
\qc Gain (loss)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc items\cell\pard\plain\
n\intbl\cf1\f51\fs13\b\qc Gain (loss)

\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc items\cell{
rtalb\cellx9804\clvertalb\cellx10072\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10795\
trrh516\row}}}
t12\cellx10072\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10400\clvertalb\cls
hdng100\clcfpat12\clcbpat12\cellx10795\trrh206
\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Interest
and other financial charges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\par
ll\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (4,1
\qr (5,180\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f
f51\fs16\qr 5,246\cell{
hdng100\clcfpat12\clcbpat12\cellx10795\trrh206\row}}}

pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Inte
rest and other financial charges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (9\ce
qr (1,058\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f5
f51\fs16\qr 1,032\cell{
lvertalb\cellx10400\clvertalb\cellx10795\trrh206\row}}}\pard\plain\cf1\f51\fs9\q
l \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\sb88\cf1\
f51\fs16\ql Fair value hedges resulted in $(327) million and $40 million of inef
fectiveness for the six months ended June\~30, 2010 and 2009, respectively, of w
hich\plain\cf1\f51\fs16\ql $(75) million reflects amounts excluded from the ass
essment of effectiveness for the six months ended June\~30, 2009.\par\pard\plain
\sb286\cf1\f51\fs16\b\ql Cash flow hedges and net investment hedges in foreign o
perations\par\pard\plain\sb88\cf1\f51\fs16\ql We use interest rate, currency exc
hange and commodity derivatives to reduce the variability of expected future cas
h flows associated with variable rate\plain\cf1\f51\fs16\ql borrowings and comm
ercial purchase and sale transactions, including commodities. For derivatives th
at are designated in a cash flow hedging relationship,\plain\cf1\f51\fs16\ql th
e effective portion of the change in fair value of the derivative is reported as
a component of AOCI and reclassified into earnings contemporaneously\plain\cf1\
f51\fs16\ql and in the same caption with the earnings effects of the hedged tra
nsaction. Hedge ineffectiveness is recognized in earnings, primarily in \u8220?G
ECS\plain\cf1\f51\fs16\ql revenues from services\u8221? each reporting period.\
par\pard\plain\sb198\cf1\f51\fs16\ql We use currency exchange derivatives to pro
tect our net investments in global operations conducted in non-U.S. dollar curre
ncies. For derivatives that are\plain\cf1\f51\fs16\ql designated as hedges of n
et investment in a foreign operation, we assess effectiveness based on changes i
n spot currency exchange rates. Changes in spot\plain\cf1\f51\fs16\ql rates on
the derivative are recorded as a component of AOCI until such time as the foreig
n entity is substantially liquidated or sold. The change in fair\plain\cf1\f51\f
s16\ql value of the forward points, which reflects the interest rate differenti
al between the two countries on the derivative, are excluded from the effectiven
ess\plain\cf1\f51\fs16\ql assessment and are recorded currently in \u8220?Inter
est and other financial charges\u8221?.\par\pard\plain\sb198\cf1\f51\fs16\ql The
following tables provide information about the amounts recorded in AOCI for the
three months ended June\~30, 2010 and 2009, and the six months\plain\cf1\f51\fs
16\ql ended June\~30, 2010 and 2009, as well as the amounts recorded in each ca
ption in the Condensed Statement of Earnings when derivative amounts are\plain\c
f1\f51\fs16\ql reclassified out of AOCI related to our cash flow hedges and net
investment hedges.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs1
6\qc (38)
\par\pard\plain
rrh0

rrh0\row}}}
cellx7983\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10661\clvertalb\cellx10798\trrh66
7
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gain\~(loss)\~recognized\~in\~ AOCI
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc for the three months e
nded\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13
13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gain\~(loss)\~ reclassified
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc from\~AOCI\~into\~earn
ings
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc for\~the\~three\~month
s\~ended\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
7\row}}}
rtalb\cellx9162\clvertalb\cellx9747\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10658\c
\intbl\cf1\f51\fs13\b\qc June\~30,
\intbl\cf1\f51\fs13\b\ql Financial statement caption\cell\pard\plain\intbl\cf1\f
51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,
t12\cellx9744\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10014\clvertalb\clsh
ellx10791\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Cash flow hedges\cell\pard\plai
n\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain
\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\c
f1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\f
\~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\ce
{\trowd\cellx2129\clvertalb\cellx2650\cellx2906\cellx3356\cellx3608\clvertalb\ce
llx4186\cellx4442\cellx4892\cellx5029\clvertalb\cellx5538\clvertalb\cellx7458\cl
\trrh412
l Interest and other financial\plain\intbl\cf1\f51\fs16\ql charges\cell\pard\pl
\plain\intbl\cf1\f51\fs16\qr (355\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell
l\pard\plain\intbl\cf1\f51\fs16\qr (558\cell\pard\plain\intbl\cf1\f51\fs16\ql )\
~\cell{
\trrh412\row}}}
clcbpat12\cellx2650\clshdng100\clcfpat12\clcbpat12\cellx2906\clshdng100\clcfpat1
2\clcbpat12\cellx3356\clshdng100\clcfpat12\clcbpat12\cellx3608\clvertalb\clshdng
100\clcfpat12\clcbpat12\cellx4186\clshdng100\clcfpat12\clcbpat12\cellx4442\clshd
ng100\clcfpat12\clcbpat12\cellx4892\clshdng100\clcfpat12\clcbpat12\cellx5029\clv
lcbpat12\cellx7458\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx7979\clvertalb\
clshdng100\clcfpat12\clcbpat12\cellx8249\clvertalb\clshdng100\clcfpat12\clcbpat1
2\cellx8889\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9159\clvertalb\clshdng
100\clcfpat12\clcbpat12\cellx9744\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx
10014\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10654\clvertalb\clshdng100\c
lcfpat12\clcbpat12\cellx10791\trrh412
51\fs16\ql GECS revenues from\plain\intbl\cf1\f51\fs16\ql services\cell\pard\pl
d\plain\intbl\cf1\f51\fs16\qr 3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pa
ql \~\~\cell{
lcfpat12\clcbpat12\cellx10791\trrh412\row}}}
\trrh412
f51\fs16\ql Interest and other financial\plain\intbl\cf1\f51\fs16\ql charges\ce
fs16\ql \~\cell{
\trrh412\row}}}
51\fs16\ql Other costs and expenses\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c
qr (31\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
\trrh412
51\fs16\ql GECS revenues from\plain\intbl\cf1\f51\fs16\ql services\cell\pard\pl
~\cell{
\trrh412\row}}}
51\fs16\ql Sales of goods and\plain\intbl\cf1\f51\fs16\ql services\cell\pard\pl
d\plain\intbl\cf1\f51\fs16\qr (63\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell
ll\pard\plain\intbl\cf1\f51\fs16\qr 59\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
cell{
\trrh412
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Commodity contracts\cell\pard\pla
\plain\intbl\cf1\f51\fs16\qr 6\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\par
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql GECS
revenues from\plain\intbl\cf1\f51\fs16\ql services\cell\pard\plain\intbl\cf1\f5
\plain\intbl\cf1\f51\fs16\qr 24\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{

\trrh412\row}}}
ellx10791\trrh206
51\fs16\ql Other costs and expenses\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2\
1\clvertalb\cellx10014\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10654\clvertalc\cell
x10791\trrh29
1\clvertalb\cellx10014\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10654\clvertalc\cell
x10791\trrh29\row}}}
lain\intbl\cf1\f51\fs16\qr (1,333\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell
cell{
\brdrcf1\clvertalb\cellx10014\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10654\clvert
9
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gain\~(loss)\~recognized\~in\~ CTA
nded\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13
13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gain\~(loss)\~reclassified\~f
rom\~ CTA
nded\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
9\row}}}
ellx10791\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Net investment hedges\cell\pard
13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql
d\plain\intbl\f0\fs16\ql \~\cell{
l $\cell\pard\plain\intbl\cf1\f51\fs16\qr (5,629\cell\pard\plain\intbl\cf1\f51\f
1\fs16\ql GECS revenues from\plain\intbl\cf1\f51\fs16\ql services\cell\pard\pla
plain\intbl\cf1\f51\fs16\qr (9\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pa
ard\plain\intbl\cf1\f51\fs16\qr 9\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{

alc\cellx10791\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\b
rdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
llx5123\clvertalb\cellx5458\clvertalc\cellx8057\clvertalb\cellx8392\clvertalc\ce
\~\cell{
cellx5126\clvertalb\cellx5461\clvertalb\cellx8060\clvertalb\cellx8395\clbrdrb\br
drs\brdrcf1\clvertalb\cellx10658\clvertalb\cellx10795\trrh667
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gain\~(loss)\~recognized\~in\~ AOCI
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc for the six months end
ed\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13
fs13\b\qc Gain\~(loss)\~ reclassified
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc from\~AOCI\~into\~earn
ings
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc for\~the\~six\~months\
~ended\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
drs\brdrcf1\clvertalb\cellx10658\clvertalb\cellx10795\trrh667\row}}}
rtalb\cellx9840\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10653\clvertalb\cellx10790\
trrh344

ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\ql Financial stat
ement caption\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
f1\f51\fs13\b\qc June\~30,
trrh344\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Cash flow hedges\cell\pard\plai
n\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs
l\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
llx4472\cellx4728\cellx5123\clvertalb\cellx5458\clvertalb\cellx8057\clvertalb\ce
\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Interest and other financial charges\
$\cell\pard\plain\intbl\cf1\f51\fs16\qr (776\cell\pard\plain\intbl\cf1\f51\fs16
s16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,044\cell\pard\plain\intbl\cf1\
f51\fs16\ql )\~\cell{
ow}}}
lb\clshdng100\clcfpat12\clcbpat12\cellx10095\clvertalb\clshdng100\clcfpat12\clcb
pat12\cellx10652\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10789\trrh206
1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql GECS revenues from serv
ices\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8211?\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\~\cell{
pat12\cellx10652\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10789\trrh206\row
}}}
1\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Interest and other financia
l charges\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f
ow}}}
1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Other costs and expense
1\fs16\ql )\~\cell{
}}}
1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql GECS revenues from serv
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,488\cell\pard\plain\intbl\cf1\

f1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (62\cell\pard\plain\intb
ow}}}
1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Sales of goods and serv
\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 62\cell\pard\plain\intbl\c
}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Commodity contracts\cell\pard\pla
\plain\intbl\cf1\f51\fs16\qr 9\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\par
ard\plain\intbl\cf1\f51\fs16\qr 34\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql GECS revenues from services\cell\pard\plain\
ain\intbl\cf1\f51\fs16\qr \u8211?\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\cel

\cell{
ow}}}
1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Other costs and expense
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8211?\cell\pard\plain\intbl\cf1\f5
1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3\cell\pard\plain\intbl\
rtalb\cellx5123\clvertalb\cellx5458\clvertalb\cellx8057\clvertalb\cellx8392\clbr
drt\brdrs\brdrcf1\clvertalb\cellx8648\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9205\
clvertalc\cellx9458\clvertalb\cellx9839\clbrdrt\brdrs\brdrcf1\clvertalb\cellx100
95\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10652\clvertalc\cellx10789\trrh29
ard\plain\intbl\cf1\f51\fs1\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\par
d\plain\intbl\cf1\f51\fs1\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\p
ard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell{
rtalb\cellx5123\clvertalb\cellx5458\clvertalb\cellx8057\clvertalb\cellx8392\clbr
clvertalc\cellx9458\clvertalb\cellx9839\clbrdrt\brdrs\brdrcf1\clvertalb\cellx100
95\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10652\clvertalc\cellx10789\trrh29\row}}}
intbl\cf1\f51\fs16\qr 3,038\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,456\cell\
ll\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (138
\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell{
clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8648\clbrdrt\brdrdb\brdrcf1\clvertalb\cell
x9205\clvertalc\cellx9458\clvertalb\cellx9839\clbrdrt\brdrdb\brdrcf1\clvertalb\c
ellx10095\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10652\clvertalc\cellx10789\trrh6
3
ard\plain\intbl\cf1\f51\fs1\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\par
3\row}}}
\page\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\~\cell{
9
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gain\~(loss)\~recognized\~in\~ CTA
ed\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\q
\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Gain\~(loss)\~reclassified\~fro
m\~CTA
ed\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
9\row}}}
trrh419
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,
trrh419\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Net investment hedges\cell\pard
plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p
~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
qr (3,274\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f5
1\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql GECS revenues from services\c
$\cell\pard\plain\intbl\cf1\f51\fs16\qr (9\cell\pard\plain\intbl\cf1\f51\fs16\ql
\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (30\cell\pard\plain\intbl\cf1\f51\fs
16\ql )\~\cell{
clvertalc\cellx5227\clvertalb\cellx5622\clvertalb\cellx8098\clvertalb\cellx8503\
3
\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\par
clvertalc\cellx5227\clvertalb\cellx5622\clvertalb\cellx8098\clvertalb\cellx8503\
3\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs
20\ql \~\par\pard\plain\sb198\cf1\f51\fs16\ql Of the total pre-tax amount in AOC
I at June\~30, 2010, $2,177 million related to cash flow hedges of forecasted tr
ansactions of which we expect to\plain\cf1\f51\fs16\ql transfer $1,237 million
to earnings as an expense in the next 12 months contemporaneously with the earni
ngs effects of the related forecasted transactions.\plain\cf1\f51\fs16\ql In th
e first six months of 2010 and 2009, we recognized insignificant gains and losse
s related to hedged forecasted transactions and firm commitments\plain\cf1\f51\f
s16\ql that did not occur by the end of the originally specified period. At Jun
e\~30, 2010 and 2009, the maximum term of derivative instruments that hedge\plai
n\cf1\f51\fs16\ql forecasted transactions was 26 years and 27 years, respective
ly, and related to hedges of anticipated interest payments associated with exter
nal debt.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (39)
1\fs16\ql For cash flow hedges, the amount of ineffectiveness in the hedging rel
ationship and amount of the changes in fair value of the derivatives that are no
t\plain\cf1\f51\fs16\ql included in the measurement of ineffectiveness are both
reflected in earnings each reporting period. These amounts primarily appear in
\u8220?GECS\plain\cf1\f51\fs16\ql revenues from services\u8221? and totaled $7
million and $9 million for the three months ended June\~30, 2010 and 2009, respe
ctively, of which $(17)\plain\cf1\f51\fs16\ql million represents amounts exclud
ed from the assessment of effectiveness for the three months ended June\~30, 200
9. These amounts totaled $(27) million\plain\cf1\f51\fs16\ql and $2 million for
the six months ended June\~30, 2010 and 2009, respectively, of which $(15) mill
ion represents amounts excluded from the assessment of\plain\cf1\f51\fs16\ql ef
fectiveness for the six months ended June\~30, 2009.\par\pard\plain\sb198\cf1\f5
1\fs16\ql Amounts from net investment hedges related to the change in the fair v
alue of the forward points were $(213) million and $(167) million for the three\
plain\cf1\f51\fs16\ql months ended June\~30, 2010 and 2009, respectively, and $
(412) million and $(557) million for the six months ended June\~30, 2010 and 200
9, respectively.\par\pard\plain\sb286\cf1\f51\fs16\b\ql Free-standing derivative
s\par\pard\plain\sb88\cf1\f51\fs16\ql Changes in the fair value of derivatives t
hat are not designated as hedges are recorded in earnings each period. As discus
sed above, these derivatives are\plain\cf1\f51\fs16\ql typically entered into a

s economic hedges of changes in interest rates, currency exchange rates, commodi
ty prices and other risks. Gains or losses related\plain\cf1\f51\fs16\ql to the
derivative are typically recorded in \u8220?GECS revenues from services\u8221?
or \u8220?Other income,\u8221? based on our accounting policy.\plain\cf1\f51\fs1
6\ql In general, the earnings effects of the item that represent the economic r
isk exposure are recorded in the same caption as the derivative. Losses for the\
plain\cf1\f51\fs16\ql first six months of 2010 on derivatives not designated as
hedges were $(1,291) million comprised of amounts related to interest rate cont
racts of $179\plain\cf1\f51\fs16\ql million, currency exchange contracts of $(1
,459) million, and other derivatives of $(11) million. These losses of $(1,291)
million were more than offset by\plain\cf1\f51\fs16\ql the earnings effects fro
m the underlying items that were economically hedged. Gains for the first six mo
nths of 2009 on derivatives not designated as\plain\cf1\f51\fs16\ql hedges, wit
hout considering the offsetting earnings effects from the item representing the
economic risk exposure, were $272 million comprised of\plain\cf1\f51\fs16\ql am
ounts related to interest rate contracts of $256 million, currency exchange cont
racts of $(23) million, and other derivatives of $39 million.\par\pard\plain\sb2
86\cf1\f51\fs16\b\ql Counterparty credit risk\par\pard\plain\sb88\cf1\f51\fs16\q
l Fair values of our derivatives can change significantly from period to period
based on, among other factors, market movements and changes in our\plain\cf1\f51
\fs16\ql positions. Accordingly, we actively monitor these exposures and take a
ppropriate actions in response. We manage counterparty credit risk (the risk tha
t\plain\cf1\f51\fs16\ql counterparties will default and not make payments to us
according to the terms of our standard master agreements) on an individual coun
terparty basis.\plain\cf1\f51\fs16\ql Where we have agreed to netting of deriva
tive exposures with a counterparty, we offset our exposures with that counterpar
ty and apply the value of\plain\cf1\f51\fs16\ql collateral posted to us to dete
rmine the exposure. When net exposure to a counterparty, based on the current ma
rket values of agreements and collateral,\plain\cf1\f51\fs16\ql exceeds credit
exposure limits, we typically take action to reduce such exposures. These action
s may include prohibiting additional transactions with the\plain\cf1\f51\fs16\ql
counterparty, requiring additional collateral from the counterparty (as descri
bed below) and terminating or restructuring transactions.\par\pard\plain\sb198\c
f1\f51\fs16\ql As discussed above, we have provisions in certain of our master a
greements that require counterparties to post collateral (typically, cash or U.S
.\plain\cf1\f51\fs16\ql Treasuries) when our receivable due from the counterpar
ty, measured at current market value, exceeds a specified limit. At June\~30, 20
10, our exposure to\plain\cf1\f51\fs16\ql counterparties, net of collateral we
hold, was $1,134 million. The fair value of such collateral was $8,530 million,
of which $2,163 million was cash and\plain\cf1\f51\fs16\ql $6,367 million was i
n the form of securities held by a custodian for our benefit. Under certain of t
hese same agreements, we post collateral to our\plain\cf1\f51\fs16\ql counterpa
rties for our derivative obligations, the fair value of which was $1,229 million
at June\~30, 2010.\par\pard\plain\sb198\cf1\f51\fs16\ql Additionally, our stand
ard master agreements typically contain mutual downgrade provisions that provide
the ability of each party to require termination if\plain\cf1\f51\fs16\ql 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\plain\cf
1\f51\fs16\ql termination if the short-term rating of the counterparty were to
fall below A-1/P-1. The net amount relating to our derivative liability of $2,57
3 million\plain\cf1\f51\fs16\ql subject to these provisions, after consideratio
n of collateral posted by us, was $1,095 million at June\~30, 2010.\par\pard\pla
in\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (40)
1\fs16\ql More information regarding our counterparty credit risk and master agr
eements can be found in Note 22 in our 2009 consolidated financial statements.\p
ar\pard\plain\sb286\cf1\f51\fs16\b\ql Support of customer derivatives\par\pard\p
lain\sb88\cf1\f51\fs16\ql For information related to support of customer derivat

ives, see Note 22 in our 2009 consolidated financial statements. The fair value
of support\plain\cf1\f51\fs16\ql agreements was $21 million and $24 million at
June\~30, 2010 and December\~31, 2009, respectively. Because we are supporting t
he performance of the\plain\cf1\f51\fs16\ql customer under these arrangements,
our exposure to loss at any point in time is limited to the fair value of the cu
stomer\u8217?s derivative contracts that\plain\cf1\f51\fs16\ql are in a liabili
ty position. The aggregate fair value of customer derivative contracts in a liab
ility position at June\~30, 2010 and December\~31, 2009, was\plain\cf1\f51\fs16\
ql $215 million and $260 million, respectively, before consideration of any off
setting effect of collateral. At June\~30, 2010 and December\~31, 2009, collater
al\plain\cf1\f51\fs16\ql value was sufficient to cover the loan amount and the
fair value of the customer\u8217?s derivative, in the event we had been called u
pon to perform\plain\cf1\f51\fs16\ql under the derivative. Given our underwriti
ng criteria, we believe that the likelihood that we will be required to perform
under these arrangements is\plain\cf1\f51\fs16\ql remote.\par\pard\plain\sb286\
cf1\f51\fs16\b\ql 16. VARIABLE INTEREST ENTITIES\par\pard\plain\sb88\cf1\f51\fs1
6\ql We securitize financial assets and arrange other forms of asset-backed fina
ncing in the ordinary course of business. The securitization transactions we\pla
in\cf1\f51\fs16\ql engage in are similar to those used by many financial instit
utions. Beyond improving returns, these securitization transactions serve as alt
ernative funding\plain\cf1\f51\fs16\ql sources for a variety of diversified len
ding and securities transactions. Historically, we have used both GE-supported a
nd third-party VIEs to execute\plain\cf1\f51\fs16\ql off-balance sheet securiti
zation transactions funded in the commercial paper and term markets. The largest
group of VIEs that we are involved with are\plain\cf1\f51\fs16\ql QSPEs, which
under guidance in effect through December\~31, 2009 were excluded from the scop
e of consolidation standards based on their characteristics.\plain\cf1\f51\fs16\
ql 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\plain\
cf1\f51\fs16\ql implicit support arrangements with any VIE or QSPE. We did not
provide non-contractual support for previously transferred financing receivables
to any\plain\cf1\f51\fs16\ql VIE or QSPE in 2010 or 2009.\par\pard\plain\sb198
\cf1\f51\fs16\ql On January\~1, 2010, we adopted FASB ASU 2009-16\~& 17, which a
mended ASC 860,\plain\cf1\f51\fs16\i\ql Transfers and Servicing\plain\cf1\f51\f
s16\ql , and ASC 810,\plain\cf1\f51\fs16\i\ql Consolidation\plain\cf1\f51\fs16\
ql ,\plain\cf1\f51\fs16\ql respectively. These amendments eliminated the scope
exception for QSPEs and required that all such entities be evaluated for consoli
dation as VIEs,\plain\cf1\f51\fs16\ql which resulted in the consolidation of al
l of our sponsored QSPEs. Among other changes, the amendments to ASC 810 replace
d the existing quantitative\plain\cf1\f51\fs16\ql approach for identifying the
party that should consolidate a VIE, which was based on exposure to a majority o
f the risks and rewards, with a qualitative\plain\cf1\f51\fs16\ql approach, bas
ed on determination of which party has the power to direct the most economically
significant activities of the entity. The revised guidance\plain\cf1\f51\fs16\q
l will sometimes change the composition of entities that meet the definition of
a VIE and the determination about which party should consolidate a VIE, as\plai
n\cf1\f51\fs16\ql well as requiring the latter to be evaluated continuously.\pa
r\pard\plain\sb198\cf1\f51\fs16\ql In evaluating whether we have the power to di
rect, as defined in the standard, we consider the purpose for which the VIE was
created, the importance of\plain\cf1\f51\fs16\ql each of the activities in whic
h it is engaged and our decision-making role, if any, in those activities that s
ignificantly determine the entity\u8217?s\plain\cf1\f51\fs16\ql economic perfor
mance as compared to other economic interest holders. This evaluation requires c
onsideration of all facts and circumstances relevant to\plain\cf1\f51\fs16\ql d
ecision-making that affects the entity\u8217?s future performance and the exerci
se of professional judgment in deciding which decision-making rights\plain\cf1\f
51\fs16\ql are most important.\par\pard\plain\sb198\cf1\f51\fs16\ql In determin
ing whether we have the right to receive benefits or the obligation to absorb lo
sses that could potentially be significant to the VIE, we evaluate\plain\cf1\f51
\fs16\ql all of our economic interests in the entity, regardless of form (debt,
equity, management and servicing fees, and other contractual arrangements). Thi
s\plain\cf1\f51\fs16\ql evaluation considers all relevant factors of the entity
\u8217?s design, including: the entity\u8217?s capital structure, contractual ri
ghts to earnings (losses),\plain\cf1\f51\fs16\ql subordination of our interests
relative to those of other investors, contingent payments, as well as other con
tractual arrangements that have potential to be\plain\cf1\f51\fs16\ql economica
lly significant. The evaluation of each of these factors in reaching a conclusio
n about the potential significance of our economic interests is a\plain\cf1\f51\
fs16\ql matter that requires the exercise of professional judgment.\par\pard\pl
ain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (41)
1\fs16\ql As of January\~1, 2010 and subsequently, we evaluated all entities tha
t fall within the scope of the amended ASC 810 to determine whether we were\plai
n\cf1\f51\fs16\ql required to consolidate or deconsolidate them based on the ap
proach described above. In addition to the securitization QSPEs described above,
we were\plain\cf1\f51\fs16\ql required to consolidate assets of VIEs related t
o direct investments in entities that hold loans and fixed income securities, a
media joint venture and a\plain\cf1\f51\fs16\ql small number of companies to wh
ich we have extended loans in the ordinary course of business and have subsequen
tly been subject to a TDR. The\plain\cf1\f51\fs16\ql incremental effect of thes
e entities on our total assets and liabilities, net of our investment in them, w
as an increase of approximately $31,097 million and\plain\cf1\f51\fs16\ql $33,0
42 million, respectively, at January\~1, 2010. There also was a net reduction of
total equity (including noncontrolling interests) of approximately\plain\cf1\f5
1\fs16\ql $1,945 million at January\~1, 2010, principally related to the revers
al of previously recognized securitization gains as a cumulative effect adjustme
nt to\plain\cf1\f51\fs16\ql retained earnings.\par\pard\plain\sb198\cf1\f51\fs1
6\ql The assets of QSPEs that we consolidated were $29,792 million, net of our e
xisting retained interests of $8,782 million, and liabilities were $31,616\plain
\cf1\f51\fs16\ql million at January\~1, 2010. Significant assets of the QSPEs i
ncluded net financing receivables and trade receivables of $39,463 million and i
nvestment\plain\cf1\f51\fs16\ql securities of $1,015 million at January\~1, 201
0. Significant liabilities included non-recourse borrowings of $36,112 million.
The assets and liabilities of\plain\cf1\f51\fs16\ql other VIEs we consolidated
were $1,305 million and $1,426 million, respectively.\par\pard\plain\sb286\cf1\f
51\fs16\b\ql Consolidated Variable Interest Entities\par\pard\plain\sb88\cf1\f51
\fs16\ql We consolidate VIEs because we have the power to direct the activities
that significantly affect the VIEs economic performance, typically because of ou
r\plain\cf1\f51\fs16\ql role as either servicer or manager for the VIE. Our con
solidated VIEs fall into four main groups, which are further described below:\pa
\par\pard\plain
{\trowd\cellx557\cellx665\cellx10800\trrh619
\pard\plain\intbl\cf1\f51\fs16\ql \u8226?\cell\pard\plain\intbl\cf1\f51\fs13\ql
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Trinity is a group of sponsored special
purpose entities that holds investment securities, the majority of which are in
vestment grade, and are\plain\intbl\cf1\f51\fs16\ql funded by the issuance of G
ICs. These entities were consolidated in 2003, and ceased issuing new investment
contracts beginning in the first\plain\intbl\cf1\f51\fs16\ql quarter of 2010.\
cell{
{\trowd\cellx557\cellx665\cellx10800\trrh619\row}}}\pard\plain\li88\sb88\cf1\f51
\fs16\ql If the long-term credit rating of GECC were to fall below AA-/Aa3 or it
s short-term credit rating were to fall below A-1+/P-1, GECC would be\plain\cf1\
f51\fs16\ql required to provide approximately $1,896 million to such entities a
s of June\~30, 2010 pursuant to letters of credit issued by GECC. To the extent\
plain\cf1\f51\fs16\ql that the entities\u8217? liabilities exceed the ultimate
value of the proceeds from the sale of their assets and the amount drawn under t
he letters of\plain\cf1\f51\fs16\ql credit, GECC could be required to provide s

uch excess amount. As the borrowings of these entities are already reflected in
our consolidated\plain\cf1\f51\fs16\ql Statement of Financial Position, there w
ould be no change in our debt if this were to occur. As of June\~30, 2010, the c
arrying value of the liabilities\plain\cf1\f51\fs16\ql of these entities\u8217?
was $7,329 million and the fair value of their assets was $6,563 million (which
included net unrealized losses on\plain\cf1\f51\fs16\ql investment securities
of $949 million). With respect to these investment securities, we intend to hold
them at least until such time as their individual\plain\cf1\f51\fs16\ql fair v
alues exceed their amortized cost. We have the ability to hold all such debt sec
urities until maturity.\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Consolidated liquidating securitization
entities comprise entities that were consolidated in 2003 and which have been i
n run-off since then. These\plain\intbl\cf1\f51\fs16\ql entities hold financing
receivables and other financial assets. There has been no significant differenc
e between the performance of these financing\plain\intbl\cf1\f51\fs16\ql receiv
ables and our on-book receivables on a blended basis. Contractually the cash flo
ws from these financing receivables must first be used to\plain\intbl\cf1\f51\fs
16\ql pay down outstanding commercial paper and interest thereon as well as oth
er expenses of the entity. Excess cash flows are available to GE. The\plain\intb
l\cf1\f51\fs16\ql creditors of these entities have no claim on the other assets
of GE.\cell{
1\fs16\ql If the short-term credit rating of GECC or these entities were reduced
below A\u8211?1+/P\u8211?1, GECC would be required to provide substitute\plain\
cf1\f51\fs16\ql liquidity for those entities or provide funds to retire the out
standing commercial paper. The maximum net amount that we would be required to\p
lain\cf1\f51\fs16\ql provide in the event of such a downgrade is determined by
contract, and totaled $2,161 million at June\~30, 2010. As the borrowings of the
se entities\plain\cf1\f51\fs16\ql are reflected in our Statement of Financial P
osition, our total debt would not change as a result of such an event.\par\pard\
plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (42)
\par\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Securitization QSPEs comprise previousl
y off-book QSPEs that were consolidated on January\~1, 2010 in connection with o
ur adoption of ASU\plain\intbl\cf1\f51\fs16\ql 2009-16\~& 17. These entities we
re created to facilitate securitization of financial assets and other forms of a
sset-backed financing which serve\plain\intbl\cf1\f51\fs16\ql as an alternative
funding source by providing access to the commercial paper and term markets. Th
e securitization transactions executed with\plain\intbl\cf1\f51\fs16\ql these e
ntities are similar to those used by many financial institutions and substantial
ly all are non-recourse. We provide servicing for\plain\intbl\cf1\f51\fs16\ql s
ubstantially all of the assets in these entities.\cell{
1\fs16\ql The financing receivables in these entities have similar risks and cha
racteristics to our other financing receivables and were underwritten to the sam
e\plain\cf1\f51\fs16\ql standard. Accordingly, the performance of these assets
has been similar to our other financing receivables; however, the blended perfor
mance of the\plain\cf1\f51\fs16\ql pools of receivables in these entities refle
cts the eligibility criteria that we apply to determine which receivables are se
lected for transfer.\plain\cf1\f51\fs16\ql Contractually the cash flows from th
ese financing receivables must be used to pay third-party debt holders as well a
s other expenses of the entity.\plain\cf1\f51\fs16\ql Excess cash flows are ava

ilable to GE. The creditors of these entities have no claim on the other assets
of GE.\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Other remaining assets and liabilities
of consolidated VIEs relate primarily to five categories of entities: (1)\~enter
prises we acquired that had\plain\intbl\cf1\f51\fs16\ql previously created asse
t-backed financing entities to fund commercial real estate, middle-market and eq
uipment loans; we are the collateral\plain\intbl\cf1\f51\fs16\ql manager for th
ese entities; (2)\~joint ventures that lease light industrial equipment and that
hold a limited partnership interest in certain media\plain\intbl\cf1\f51\fs16\q
l properties; (3)\~entities that have executed on-balance sheet securitizations
of financial assets and of third party trade receivables; (4)\~insurance\plain\
intbl\cf1\f51\fs16\ql entities that, among other lines of business, provide pro
perty and casualty and workers\u8217? compensation coverage for GE, and (5)\~oth
er\plain\intbl\cf1\f51\fs16\ql entities that are involved in power generating,
leasing and real estate activities.\cell{
{\trowd\cellx557\cellx665\cellx10800\trrh1237\row}}}\pard\plain\cf1\f51\fs13\ql
\~\par\pard\plain\cf1\f51\fs16\qc (43)
1\fs16\ql The table below summarizes the assets and liabilities of consolidated
VIEs described above.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
llx9495\clvertalc\cellx9890\clvertalb\cellx10145\clvertalc\cellx10313\clvertalc\
cellx10791\trrh-66\trrh0
\fs16\ql \~\cell{
cellx10791\trrh-66\trrh0\row}}}
b\brdrs\brdrcf1\clvertalb\cellx9892\clvertalb\cellx10147\clbrdrb\brdrs\brdrcf1\c
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Trinity(a)\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Consolidated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Liquidating
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Securitization
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Entities(a)\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Securit
ization
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc QSPEs(b)(c)\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Other(c
)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\
b\qc Total\cell{
\clcbpat12\cellx9890\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx10145\clverta
pat12\cellx10791\trrh206
ell{
pat12\cellx10791\trrh206\row}}}
\trrh206
cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c
ell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Financing receivables, net\cell\p
3\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\
f1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 36,758\cell\pard\plain\in
d\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 43,682\cel
l{
\trrh206
ell{
\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other assets(d)\cell\pard\plain\i
\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,666\cell{
~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \
~\cell{
rdrcf1\clvertalb\cellx10313\clbrdrt\brdrs\brdrcf1\clvertalb\cellx10791\trrh29\ro
w}}}
\trrh206
rd\plain\intbl\cf1\f51\fs16\qr 37,385\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~

s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 55,473\cell{
\trrh206\row}}}
ellx9495\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9890\clvertalb\cellx10145\clbrdrt
\brdrdb\brdrcf1\clvertalb\cellx10313\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10791
\trrh63
~\cell{
\trrh63\row}}}
~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell
{
\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Borrowings(d)\cell\pard\plain\int
l\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u821
fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 239\cell\pard\plain\intbl\cf1\f5
\f51\fs16\qr 1,691\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,930\cell{
\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-recourse borrowings of consol
idated securitization entities\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p
f1\f51\fs16\qr 28,786\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain
\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other liabilities(d)\cell\pard\pl
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 9,809\cell{
\trrh206\row}}}
~\cell{
w}}}

plain\intbl\cf1\f51\fs16\qr 29,569\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\ce
ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 44,435\cell{
\trrh63
~\cell{
\trrh63\row}}}
\trrh206

\~\cell{
\trrh206\row}}}
\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Financing receivables, net\cell\p
3\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\
f1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\pla
plain\intbl\cf1\f51\fs16\qr 4,277\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cel
\cell{
\trrh206\row}}}
ell{
\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other assets(d)\cell\pard\plain\i
\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,568\cell{
\trrh206\row}}}

~\cell{
w}}}
7,041\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\
fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 16,994\cell{
\trrh63
~\cell{
\trrh63\row}}}
\trrh206
~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell
{
\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Borrowings(d)\cell\pard\plain\int
l\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u821
fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\~\~\cell\pard\plain\intb
ntbl\cf1\f51\fs16\qr 1,835\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\
plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,835\cell{
\trrh206
idated securitization entities\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p
l\pard\plain\intbl\cf1\f51\fs16\qr 3,108\cell{
\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other liabilities(d)\cell\pard\pl
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,288\cell{
~\cell{
w}}}
\trrh206
$\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,504\cell\pard\plain\intbl\cf1\f51\fs13
\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\f
s16\qr \u8212?\~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,208\cell\pard\plai
\trrh206\row}}}
\trrh63
~\cell{
\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\
f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Enti
ties consolidated on July\~1, 2003 or January\~1, 2004 as a result of amendments
to U.S. GAAP.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Enti
ties consolidated on January\~1, 2010 by the initial application of ASU 2009-16\
~& 17.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql In c
ertain transactions entered into prior to December\~31, 2004, we provided contra
ctual credit and liquidity support to third parties who funded the\plain\intbl\c
f1\f51\fs16\ql purchase of securitized or participated interests in assets. We
have not entered into additional arrangements since that date. Liquidity and cre
dit\plain\intbl\cf1\f51\fs16\ql support was $1,060 million at June\~30, 2010 an
d $2,088 million at December\~31, 2009.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (d)\cell\pard\plain\intbl\cf1\f51\fs16\ql Othe
r assets, borrowings and other liabilities exclude intercompany balances that ar
e eliminated in consolidation.\cell{
{\trowd\cellx432\cellx10181\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql GECS
revenues from services from our consolidated VIEs were $1,785 million and $3,67
4 million in the second quarter and first six months of 2010,\plain\cf1\f51\fs16
\ql respectively. Related expenses consisted primarily of provisions for losses
of $279 million and $747 million and interest and other financial charges of\pl
ain\cf1\f51\fs16\ql $205 million and $416 million in the second quarter and the
first six months of 2010, respectively. These amounts do not include intercompa
ny revenues\plain\cf1\f51\fs16\ql and costs, principally fees and interest betw
een GE and the VIEs, which are eliminated in consolidation.\par\pard\plain\cf1\f
51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (44)
1\fs16\ql The collateral and outstanding debt in Securitization QSPEs at June\~3
0, 2010 and December\~31, 2009 is provided below.\par\pard\plain\cf1\f51\fs18\ql
\~
\par\pard\plain
cellx10795\trrh-66\trrh0

\fs16\ql \~\cell{
cellx10795\trrh-66\trrh0\row}}}
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Credit\~card
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc receivables\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Real\~e
state\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
s13\b\qc Equipment(a)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain
\intbl\cf1\f51\fs13\b\qc Other\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p
ard\plain\intbl\cf1\f51\fs13\b\qc Total\cell{
ell{
\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Asset amount outstanding\cell\par
intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 38,692\cell{
\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Outstanding debt\cell\pard\plain\
ain\intbl\cf1\f51\fs16\qr 13,511\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 29,025\cell{
\trrh206
\~\cell{
\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Asset amount outstanding\cell\par
\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 46,896\cell{
\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Outstanding debt\cell\pard\plain\
\trrh206\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1
\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
uded floorplan receivables.\cell{
{\trowd\cellx432\cellx7146\trrh206\row}}}\pard\plain\sb286\cf1\f51\fs16\b\ql Unc
onsolidated Variable Interest Entities\par\pard\plain\sb88\cf1\f51\fs16\ql Our i
nvolvement with unconsolidated VIEs consists of the following activities: assist
ing in the formation and financing of the entity, providing recourse\plain\cf1\f
51\fs16\ql and/or liquidity support, servicing the assets and receiving variabl
e fees for services provided. We are not required to consolidate these entities
because the\plain\cf1\f51\fs16\ql nature of our involvement with the activities
of the VIEs does not give us power over decisions that significantly affect the
ir economic performance.\par\pard\plain\sb198\cf1\f51\fs16\ql Unconsolidated VIE
s at June\~30, 2010 include our non-controlling stake in PTL ($5,637 million); i
nvestments in real estate entities ($1,749 million),\plain\cf1\f51\fs16\ql whic
h generally consist of passive limited partnership investments in tax-advantaged
, multi-family real estate and investments in various European real\plain\cf1\f5
1\fs16\ql estate entities; and investments in joint ventures that purchase fact
ored receivables ($1,160 million). Substantially all of our other unconsolidated
entities\plain\cf1\f51\fs16\ql consist of passive investments in various asset
-backed financing entities.\par\pard\plain\sb198\cf1\f51\fs16\ql The largest unc
onsolidated VIE with which we are involved is PTL, which is a truck rental and l
easing joint venture. The total consolidated assets and\plain\cf1\f51\fs16\ql l
iabilities of PTL at December\~31, 2008 were $7,444 million and $1,339 million,
respectively. As part of our strategy to reduce our investment in the\plain\cf1\
f51\fs16\ql equipment management market, we reduced our partnership interest in
PTL from 79% at December\~31, 2005 to 50.9% at December\~31, 2008 through a\pla
in\cf1\f51\fs16\ql series of dispositions to Penske Truck Leasing Corporation (
PTLC), the general partner of PTL, and an entity affiliated with PTLC. In additi
on, in the\plain\cf1\f51\fs16\ql first quarter of 2009, we sold a 1% partnershi
p interest in PTL, a previously consolidated VIE, to PTLC. The disposition of th
is partnership interest,\plain\cf1\f51\fs16\ql coupled with our resulting minor
ity position on the PTL advisory committee and related changes in our contractua
l rights, resulted in the deconsolidation\plain\cf1\f51\fs16\ql of PTL. We reco
gnized a pre-tax gain on the sale of $296 million, including a gain on the remea
surement of our retained investment of $189 million.\plain\cf1\f51\fs16\ql The
transaction price was determined on an arm\u8217?s-length basis and GE obtained
a fairness opinion from a third-party financial advisor because of\plain\cf1\f51
\fs16\ql the related party nature of the transaction. The measurement of the fa
ir value of our retained investment in PTL was based on a methodology that\plain
\cf1\f51\fs16\ql incorporated both discounted cash flow information and market
data. In applying this methodology, we utilized different sources of information
, including\plain\cf1\f51\fs16\ql actual operating results, future business pla
ns, economic projections and market observable pricing multiples of similar busi
nesses. The resulting fair value\plain\cf1\f51\fs16\ql of our retained interest
reflected our position as a noncontrolling shareowner at the conclusion of the
transaction. At June\~30, 2010, our remaining\plain\cf1\f51\fs16\ql investment
in PTL of $5,637 million comprised a 49.9% partnership interest of $881 million
and loans and advances of $4,756 million. GECC continues\plain\cf1\f51\fs16\ql
to provide loans under long-term revolving credit and letter of credit facilitie
s to PTL.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (45)
1\fs16\ql 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 invest
ment we\plain\cf1\f51\fs16\ql hold. Variable interests in partnerships and corp
orate entities are classified as either equity method or cost method investments
. In the ordinary course of\plain\cf1\f51\fs16\ql business, we also make invest
ments in entities in which we are not the primary beneficiary but may hold a var
iable interest such as limited partner\plain\cf1\f51\fs16\ql interests or mezza
nine debt investments. These investments are classified in two captions in our f
inancial statements: \u8220?All other assets\u8221? for\plain\cf1\f51\fs16\ql i
nvestments accounted for under the equity method, and \u8220?Financing receivabl
es \u8211? net\u8221? for debt financing provided to these entities.\plain\cf1\f
51\fs16\ql Our investments in unconsolidated VIEs at June\~30, 2010 and Decembe
r\~31, 2009 follow.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\trrh0
6\ql \~\cell{
\trrh0\row}}}
h344
h344\row}}}
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Other assets and investment secur
ities\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
s16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 9,515\cell\pard\plain\intbl\cf1\f

1\f51\fs16\qr 8,911\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Financing receivables\cell\pard\p
69\cell{
\trrh29
\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total investment\cell\pard\plain\
\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Contractual obligations to fund n
ew investments\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\
\trrh29
\trrh29\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Maximum exposure to loss\cell\par
11,076\cell{
8204\trrh63
cf1\f51\fs20\ql \~\par\pard\plain\sb88\cf1\f51\fs16\ql Our maximum exposure to l
oss is limited to our investment in the entities and related contractual obligat
ions to fund further investments.\par\pard\plain\sb198\cf1\f51\fs16\ql In additi
on to the entities included in the table above, we also hold passive investments
in residential mortgage-backed securities (RMBS), commercial\plain\cf1\f51\fs16
\ql mortgage-backed securities (CMBS) and asset-backed securities issued by VIE
s. Such investments were, by design, investment grade at issuance and held\plain
\cf1\f51\fs16\ql by a diverse group of investors. Further information about suc
h investments is provided in Note 3.\par\pard\plain\sb286\cf1\f51\fs16\b\ql 17.
INTERCOMPANY TRANSACTIONS\par\pard\plain\sb88\cf1\f51\fs16\ql Transactions betwe
en related companies are made on an arms-length basis, are eliminated and consis
t primarily of capital contributions from GE to\plain\cf1\f51\fs16\ql GECS; GE
customer receivables sold to GECS; GECS services for trade receivables managemen
t and material procurement; buildings and equipment\plain\cf1\f51\fs16\ql (incl
uding automobiles) leased between GE and GECS; information technology (IT) and o
ther services sold to GECS by GE; aircraft engines\plain\cf1\f51\fs16\ql manufa
ctured by GE that are installed on aircraft purchased by GECS from third-party p
roducers for lease to others; and various investments, loans and\plain\cf1\f51\f
s16\ql allocations of GE corporate overhead costs.\par\pard\plain\sb198\cf1\f51
\fs16\ql These intercompany transactions are reported in the GE and GECS columns
of our financial statements, but are eliminated in deriving our consolidated\pl
ain\cf1\f51\fs16\ql financial statements. Effects of these eliminations on our
consolidated cash flows from operating, investing and financing activities inclu
de the following.\plain\cf1\f51\fs16\ql Net decrease (increase) in GE customer
receivables sold to GECS of $144 million and $(765) million have been eliminated
from consolidated cash from\plain\cf1\f51\fs16\ql operating and investing acti
vities for the six months ended June\~30, 2010 and 2009, respectively. A capital
contribution from GE to GECS of $9,500\plain\cf1\f51\fs16\ql million has been
eliminated from consolidated cash from investing and financing activities for th
e first six months ended June\~30, 2009. There were no\plain\cf1\f51\fs16\ql su

ch capital contributions for the six months ended June\~30, 2010. Eliminations o
f intercompany borrowings (includes GE investment in GECS short-term\plain\cf1\f
51\fs16\ql borrowings, such as commercial paper) of $497 million and $853 milli
on have been eliminated from financing activities for the six months ended June\
~30,\plain\cf1\f51\fs16\ql 2010 and 2009, respectively. Other reclassifications
and eliminations of $(126) million and $964 million have been eliminated from c
onsolidated cash\plain\cf1\f51\fs16\ql from operating activities and $(181) mil
lion and $(1,114) million have been eliminated from consolidated cash from inves
ting activities for the six months\plain\cf1\f51\fs16\ql ended June\~30, 2010 a
nd 2009, respectively.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\
fs16\qc (46)
l "toc" }{\*\fldrslt\cf3\f52\fs16\b\ql Table of Contents}}{\*\bkmkstart item_1_3
_2}{\*\bkmkend item_1_3_2}{\*\bkmkstart tx53567_10}{\*\bkmkend tx53567_10}\par\p
ard\plain\cf1\f51\fs16\b\ql Item\~2. Management\u8217?s Discussion and Analysis
of Financial Condition and Results of Operations.\par\pard\plain\sb88\cf1\f51\fs
16\b\ql A. Results of Operations\par\pard\plain\sb88\cf1\f51\fs16\ql General Ele
ctric Company\u8217?s consolidated financial statements represent the combinatio
n of the industrial manufacturing and product services\plain\cf1\f51\fs16\ql bu
sinesses of General Electric Company (GE) and the financial services businesses
of General Electric Capital Services, Inc. (GECS or financial services).\par\par
d\plain\sb198\cf1\f51\fs16\ql In the accompanying analysis of financial informat
ion, we sometimes use information derived from consolidated financial informatio
n but not presented in\plain\cf1\f51\fs16\ql our financial statements prepared
in accordance with U.S. generally accepted accounting principles (GAAP). Certain
of these data are considered\plain\cf1\f51\fs16\ql \u8220?non-GAAP financial m
easures\u8221? under the U.S. Securities and Exchange Commission (SEC) rules. Fo
r such measures, we have provided\plain\cf1\f51\fs16\ql supplemental explanatio
ns and reconciliations in Exhibit 99(a) to this Form 10-Q Report.\par\pard\plain
\sb198\cf1\f51\fs16\ql Unless otherwise indicated, we refer to captions such as
revenues and earnings from continuing operations attributable to the Company sim
ply as\plain\cf1\f51\fs16\ql \u8220?revenues\u8221? and \u8220?earnings\u8221?
throughout this Management\u8217?s Discussion and Analysis. Similarly, discussio
n of other matters\plain\cf1\f51\fs16\ql in our condensed, consolidated financi
al statements relates to continuing operations unless otherwise indicated.\par\p
ard\plain\sb286\cf1\f51\fs16\b\ql Overview\par\pard\plain\sb88\cf1\f51\fs16\ql E
arnings from continuing operations attributable to the Company increased 14% to
$3.297 billion in the second quarter of 2010 compared with $2.883\plain\cf1\f51\
fs16\ql billion in the second quarter of 2009. Earnings per share (EPS) from co
ntinuing operations were $0.30 in the second quarter of 2010, up 15% compared\pl
ain\cf1\f51\fs16\ql with $0.26 in the second quarter of 2009.\par\pard\plain\sb
198\cf1\f51\fs16\ql For the first six months of 2010, earnings from continuing o
perations attributable to the Company decreased 2% to $5.632 billion compared wi
th $5.733\plain\cf1\f51\fs16\ql billion for the same period in 2009. EPS from c
ontinuing operations were $0.51 in the first six months of 2010, down 4% compare
d with $0.53 in the\plain\cf1\f51\fs16\ql first six months of 2009.\par\pard\pl
ain\sb198\cf1\f51\fs16\ql Loss from discontinued operations, net of taxes, was $
0.2 billion in both the second quarters of 2010 and 2009, and included the resul
ts of GE Money\plain\cf1\f51\fs16\ql Japan (our Japanese personal loan business
, Lake, and Japanese mortgage and card businesses, excluding our investment in G
E Nissen Credit Co., Ltd.),\plain\cf1\f51\fs16\ql our U.S. mortgage business (W
MC) and Plastics.\par\pard\plain\sb198\cf1\f51\fs16\ql Loss from discontinued op
erations, net of taxes, was $0.6 billion for the first six months of 2010 compar
ed with $0.2 billion for the same period in 2009,\plain\cf1\f51\fs16\ql primari
ly due to $0.6 billion of incremental reserves we recorded related to the 2008 d
isposal of GE Money Japan.\par\pard\plain\sb198\cf1\f51\fs16\ql Net earnings att
ributable to GE common shareowners increased 16% to $3.034 billion and EPS incre
ased 12% to $0.28 in the second quarter of 2010\plain\cf1\f51\fs16\ql compared
with $2.614 billion and $0.25 respectively, in the second quarter of 2009.\par\p
ard\plain\sb198\cf1\f51\fs16\ql For the first six months of 2010, net earnings a
ttributable to GE common shareowners decreased 9% to $4.904 billion, compared wi
th $5.368 billion for\plain\cf1\f51\fs16\ql the same period in 2009, and EPS de
creased 12% to $0.45, compared with $0.51 in the first six months of 2009.\par\p
ard\plain\sb198\cf1\f51\fs16\ql Revenues of $37.4 billion in the second quarter
of 2010 were 4% lower than in the second quarter of 2009, reflecting organic rev
enue declines and the\plain\cf1\f51\fs16\ql net effects of acquisitions and dis
positions, partially offset by the weaker U.S. dollar. Industrial sales decrease
d 6% to $24.4 billion, reflecting organic\plain\cf1\f51\fs16\ql revenue decline
s and the net effects of acquisitions and dispositions. Sales of product service
s (including sales of spare parts and related services) of $8.5\plain\cf1\f51\fs
16\ql billion in the second quarter of 2010 decreased 5% compared with the seco
nd quarter of 2009. Financial services revenues decreased 2% over the\plain\cf1\
f51\fs16\ql comparable period of last year to $13.1 billion, reflecting organic
revenue declines and the net effects of acquisitions and dispositions, partiall
y offset by\plain\cf1\f51\fs16\ql the weaker U.S. dollar.\par\pard\plain\cf1\f5
1\fs16\ql Revenues of $74.0 billion in the first six months of 2010 were 5% lowe
r than in the first six months of 2009, reflecting organic revenue declines and
the\plain\cf1\f51\fs16\ql net effects of acquisitions and dispositions, partial
ly offset by the weaker U.S. dollar and the effects of the 2010 Olympics broadca
sts. Industrial sales\plain\cf1\f51\fs16\ql decreased 4% to $47.9 billion, refl
ecting organic revenue declines and the net effects of acquisitions and disposit
ions, partially offset by the effects of the\plain\cf1\f51\fs16\ql 2010 Olympic
s broadcasts and the weaker U.S. dollar. Financial services revenues decreased 6
% over the comparable period of last year to $26.3 billion,\plain\cf1\f51\fs16\q
l reflecting the net effects of acquisitions and dispositions and organic reven
ue declines, partially offset by the weaker U.S. dollar.\par\pard\plain\sb198\cf
1\f51\fs16\ql Overall, acquisitions contributed $0.2 billion and $1.0 billion to
consolidated revenues in the second quarters of 2010 and 2009, respectively, ex
cluding\plain\cf1\f51\fs16\ql the effects of acquisition gains following an ame
ndment to the Accounting Standards Codification (ASC) 810,\plain\cf1\f51\fs16\i\
ql Consolidation\plain\cf1\f51\fs16\ql , effective January\~1, 2009,\plain\cf
1\f51\fs16\ql which requires us to remeasure previously held equity investments
upon acquisition of a controlling interest. Our consolidated earnings in the se
cond\plain\cf1\f51\fs16\ql quarters of 2010 and 2009 included an insignificant
amount and approximately $0.2 billion, respectively, from acquired businesses. W
e integrate\plain\cf1\f51\fs16\ql acquisitions as quickly as possible. Only rev
enues and earnings from the date we complete the acquisition through the end of
the fourth following quarter\plain\cf1\f51\fs16\ql are attributed to such busin
esses. Dispositions also affected our operations through lower revenues of $0.4
billion and $1.8 billion in the second quarters\plain\cf1\f51\fs16\ql of 2010 a
nd 2009, respectively. The effect of dispositions on earnings was an increase of
$0.1 billion and an insignificant amount in the second quarters\plain\cf1\f51\f
s16\ql of 2010 and 2009, respectively.\par\pard\plain\sb198\cf1\f51\fs16\ql Acq
uisitions contributed $0.7 billion and $2.0 billion to consolidated revenues in
the first six months of 2010 and 2009, respectively, excluding the effects\plain
\cf1\f51\fs16\ql of acquisition gains following our adoption of an amendment to
ASC 810 on January\~1, 2009. Our consolidated earnings in the first six months
of 2010\plain\cf1\f51\fs16\ql and 2009 included approximately $0.1 billion and
$0.3 billion, respectively, from acquired businesses. Dispositions also affected
our operations through\plain\cf1\f51\fs16\ql lower revenues of $1.5 billion an
d $1.9 billion in the first six months of 2010 and 2009, respectively. The effec
t of dispositions on earnings was an\plain\cf1\f51\fs16\ql increase of $0.2 bil
lion and $0.4 billion in the first six months of 2010 and 2009, respectively.\pa
r\pard\plain\sb198\cf1\f51\fs16\ql The most significant acquisition affecting re
sults in the first six months of 2010 was BAC Credomatic GECF Inc. (BAC) at GE C
apital.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (48)
1\fs16\b\ql Segment Operations\par\pard\plain\sb88\cf1\f51\fs16\ql Effective Jan
uary\~1, 2010, we reorganized our segments to better align our Consumer\~& Indus
trial and Energy businesses for growth. As a result of this\plain\cf1\f51\fs16\q
l reorganization, we created a new segment called Home\~& Business Solutions th
at includes the Appliances and Lighting businesses from our previous\plain\cf1\f
51\fs16\ql Consumer\~& Industrial segment and the retained portion of the GE Fa
nuc Intelligent Platforms business of our previous Enterprise Solutions business
\plain\cf1\f51\fs16\ql (formerly within our Technology Infrastructure segment).
In addition, the Industrial business of our previous Consumer\~& Industrial seg
ment and the\plain\cf1\f51\fs16\ql Sensing\~& Inspection Technologies and Digit
al Energy businesses of our previous Enterprise Solutions business are now part
of the Energy business\plain\cf1\f51\fs16\ql within the Energy Infrastructure s
egment. The Security business of Enterprise Solutions is reported in Corporate I
tems and Eliminations for periods prior\plain\cf1\f51\fs16\ql to its sale in th
e first quarter of 2010. Also, effective January\~1, 2010, the Capital Finance s
egment was renamed GE Capital and includes all of the\plain\cf1\f51\fs16\ql con
tinuing operations of General Electric Capital Corporation (GECC). In addition,
the Transportation Financial Services business, previously reported in\plain\cf1
\f51\fs16\ql GE Capital Aviation Services (GECAS), is now included in Commercia
l Lending and Leasing (CLL) and our Consumer business in Italy, previously\plain
\cf1\f51\fs16\ql reported in Consumer, is now included in CLL.\par\pard\plain\s
b198\cf1\f51\fs16\ql Operating segments comprise our five businesses focused on
the broad markets they serve: Energy Infrastructure, Technology Infrastructure,
NBC\plain\cf1\f51\fs16\ql Universal, GE Capital and Home\~& Business Solutions.
\par\pard\plain\sb198\cf1\f51\fs16\ql Segment profit is determined based on inte
rnal performance measures used by the Chief Executive Officer to assess the perf
ormance of each business in a\plain\cf1\f51\fs16\ql given period. In connection
with that assessment, the Chief Executive Officer may exclude matters such as c
harges for restructuring; rationalization and\plain\cf1\f51\fs16\ql other simil
ar expenses; in-process research and development and certain other acquisition-r
elated charges and balances; technology and product\plain\cf1\f51\fs16\ql devel
opment costs; certain gains and losses from acquisitions or dispositions; and li
tigation settlements or other charges, responsibility for which preceded\plain\c
f1\f51\fs16\ql the current management team.\par\pard\plain\sb198\cf1\f51\fs16\q
l Segment profit always excludes the effects of principal pension plans, results
reported as discontinued operations, earnings attributable to noncontrolling\pl
ain\cf1\f51\fs16\ql interests of consolidated subsidiaries and accounting chang
es. Segment profit excludes or includes interest and other financial charges and
income taxes\plain\cf1\f51\fs16\ql according to how a particular segment\u8217
?s management is measured \u8211? excluded in determining segment profit, which
we sometimes refer to as\plain\cf1\f51\fs16\ql \u8220?operating profit,\u8221?
for Energy Infrastructure, Technology Infrastructure, NBC Universal and Home\~&
Business Solutions; included in\plain\cf1\f51\fs16\ql determining segment profi
t, which we sometimes refer to as \u8220?net earnings,\u8221? for GE Capital.\pa
r\pard\plain\sb198\cf1\f51\fs16\ql We have reclassified certain prior-period amo
unts to conform to the current-period presentation. In addition to providing inf
ormation on segments in their\plain\cf1\f51\fs16\ql entirety, we have also prov
ided supplemental information for certain businesses within the segments.\par\pa
rd\plain\sb286\cf1\f51\fs16\b\ql Energy Infrastructure\par\pard\plain\cf1\f51\fs
18\ql \~
\par\pard\plain

h172
h172\row}}}
9\cell{
ain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,459\cell\pa
r 19,541\cell{
alb\cellx9451\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9929\trrh63\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Segment profit\cell\pard\plain\
ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,863\ce
16\qr 3,181\cell{

\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Energy\cell\pard\plain\intbl\cf1\
470\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Oil & Gas\cell\pard\plain\intbl\c

qr 3,491\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Energy\cell\pard\plain\intbl\cf1\
0\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Oil & Gas\cell\pard\plain\intbl\c
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 283\cell\pard\p
rd\plain\intbl\cf1\f51\fs16\qr 483\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\ce
\cell{
51\clvertalb\cellx9929\trrh206\row}}}\pard\plain\cf1\f51\fs13\ql \~\par\pard\pla
in\cf1\f51\fs16\qc (49)
1\fs16\ql Energy Infrastructure revenues decreased 9% or $0.9 billion, in the se
cond quarter of 2010 as lower volume ($1.0 billion) and the stronger U.S. dollar
\plain\cf1\f51\fs16\ql ($0.1 billion) were partially offset by higher prices ($
0.1 billion). Lower volume at Energy primarily related to decreases in wind and
thermal equipment\plain\cf1\f51\fs16\ql sales. Higher prices at Energy were par
tially offset by lower prices at Oil\~& Gas. The effect of the stronger U.S. dol
lar was at Oil\~& Gas.\par\pard\plain\sb198\cf1\f51\fs16\ql Segment profit incre
ased 3% as higher prices ($0.1 billion) and lower material costs ($0.1 billion)
were partially offset by lower volume ($0.2 billion).\plain\cf1\f51\fs16\ql Low
er volume and lower material costs were primarily at Energy.\par\pard\plain\sb19
8\cf1\f51\fs16\ql Energy Infrastructure revenues decreased 7%, or $1.3 billion,
in the first six months of 2010 as lower volume ($1.9 billion) was partially off
set by higher\plain\cf1\f51\fs16\ql prices ($0.4 billion) and the weaker U.S. d
ollar ($0.1 billion). Lower volume primarily reflected decreases in thermal and
wind equipment sales at Energy.\plain\cf1\f51\fs16\ql Higher prices at Energy w
ere partially offset by lower prices at Oil\~& Gas. The effects of the weaker U.
S. dollar were at Energy.\par\pard\plain\sb198\cf1\f51\fs16\ql Segment profit fo
r the first six months of 2010 increased 7%, or $0.2 billion, as higher prices (
$0.4 billion) and lower material costs ($0.3 billion) were\plain\cf1\f51\fs16\ql
partially offset by lower volume ($0.3 billion) and higher labor and other cos
t ($0.1 billion). Lower material costs were at both Energy and Oil\~& Gas and\pl
ain\cf1\f51\fs16\ql lower volume was primarily at Energy.\par\pard\plain\sb286\
cf1\f51\fs16\b\ql Technology Infrastructure\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
h172
h172\row}}}
9\cell{
ain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 9,637\cell\par
19,160\cell{
ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,743\ce
16\qr 3,445\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Aviation\cell\pard\plain\intbl\cf
plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pa
cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 9,
436\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Healthcare\cell\pard\plain\intbl\
tbl\cf1\f51\fs16\qr 4,102\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p

\qr 7,509\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Transportation\cell\pard\plain\in
n\intbl\cf1\f51\fs16\qr 709\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
16\qr 2,240\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Aviation\cell\pard\plain\intbl\cf
intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 923\cell\pard\plai
lain\intbl\cf1\f51\fs16\qr 1,678\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell
\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,003\
cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Healthcare\cell\pard\plain\intbl\
tbl\cf1\f51\fs16\qr 661\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pla
ard\plain\intbl\cf1\f51\fs16\qr 1,158\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~
1,001\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Transportation\cell\pard\plain\in
n\intbl\cf1\f51\fs16\qr 26\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\
453\cell{
53\clvertalb\cellx9931\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql Technolog
y Infrastructure revenues decreased 6%, or $0.6 billion, in the second quarter o
f 2010 as lower volume ($0.8 billion) was partially offset by\plain\cf1\f51\fs16

\ql higher other income ($0.2 billion). The decrease in volume reflected decrea
sed services and commercial engine sales at Aviation and decreased services\plai
n\cf1\f51\fs16\ql and equipment sales at Transportation, partially offset by in
creased equipment sales at Healthcare. Higher other income primarily reflects a
gain on a\plain\cf1\f51\fs16\ql partial sale of a materials business at Aviatio
n.\par\pard\plain\sb198\cf1\f51\fs16\ql Segment profit decreased 11%, or $0.2 bi
llion, in the second quarter of 2010, primarily from lower productivity ($0.2 bi
llion) and lower volume ($0.1\plain\cf1\f51\fs16\ql billion), partially offset
by higher other income ($0.1 billion). The decreases in productivity and lower v
olume were at Transportation, primarily due to\plain\cf1\f51\fs16\ql higher ser
vice costs, and Aviation, partially offset by Healthcare. Higher other income pr
imarily reflects a gain on a partial sale of a materials business at\plain\cf1\f
51\fs16\ql Aviation.\par\pard\plain\sb198\cf1\f51\fs16\ql Technology Infrastruc
ture revenues decreased 8%, or $1.4 billion, in the first six months of 2010 as
lower volume ($1.5 billion) and lower other income\plain\cf1\f51\fs16\ql ($0.1
billion), reflecting lower transaction gains, were partially offset by the weake
r U.S. dollar ($0.2 billion). The decrease in volume reflected decreased\plain\c
f1\f51\fs16\ql commercial and military equipment sales and services at Aviation
and decreased equipment sales and services at Transportation, partially offset
by\plain\cf1\f51\fs16\ql increased equipment sales and services at Healthcare.
Lower transaction gains reflect a gain on a partial sale of a materials business
and a franchise fee at\plain\cf1\f51\fs16\ql Aviation, which were more than of
fset by the absence of gains related to the Airfoils Technologies InternationalSingapore Pte. Ltd. (ATI) acquisition and\plain\cf1\f51\fs16\ql the Times Micro
wave Systems disposition in the first quarter of 2009. The effects of the weaker
U.S. dollar were primarily at Healthcare.\par\pard\plain\cf1\f51\fs13\ql \~\par
\pard\plain\cf1\f51\fs16\qc (50)
1\fs16\ql Segment profit for the first six months of 2010 decreased 14%, or $0.5
billion, primarily from lower volume ($0.2 billion), lower productivity ($0.2\p
lain\cf1\f51\fs16\ql billion), higher labor and other costs ($0.1 billion) and
lower other income ($0.1 billion), reflecting lower transaction gains, partially
offset by the weaker\plain\cf1\f51\fs16\ql U.S. dollar ($0.1 billion) and lowe
r material costs ($0.1 billion). The decreases in volume were at Aviation and Tr
ansportation, partially offset by\plain\cf1\f51\fs16\ql Healthcare. Lower produ
ctivity at Transportation, primarily due to higher service costs, and Aviation w
as partially offset by Healthcare. Higher labor and\plain\cf1\f51\fs16\ql other
costs were primarily at Healthcare and Aviation. Lower transaction gains reflec
t a gain on a partial sale of a materials business and a franchise fee\plain\cf1
\f51\fs16\ql at Aviation, which were more than offset by the absence of gains r
elated to the ATI acquisition and the Times Microwave Systems disposition in the
first\plain\cf1\f51\fs16\ql quarter of 2009. The weaker U.S. dollar and lower
material costs were primarily at Healthcare.\par\pard\plain\sb198\cf1\f51\fs16\b
\ql NBC Universal\plain\cf1\f51\fs16\ql revenues of $3.8 billion increased 5%,
or $0.2 billion, in the second quarter of 2010 as higher revenues in cable ($0.1
billion), higher\plain\cf1\f51\fs16\ql revenues in film ($0.1 billion) and low
er impairments related to investment securities ($0.1 billion) were partially of
fset by lower gains related to\plain\cf1\f51\fs16\ql associated companies ($0.1
billion). Segment profit of $0.6 billion increased 13%, or $0.1 billion, as hig
her earnings in cable ($0.1 billion) and lower\plain\cf1\f51\fs16\ql impairment
s related to investment securities ($0.1 billion) were partially offset by lower
gains related to associated companies ($0.1 billion).\par\pard\plain\sb198\cf1\
f51\fs16\ql NBC Universal revenues of $8.1 billion increased 14%, or $1.0 billio
n, in the first six months of 2010 as higher revenues in our broadcast televisio
n\plain\cf1\f51\fs16\ql business ($0.6 billion), higher revenues in film ($0.2
billion), higher revenues in cable ($0.1 billion) and lower impairments related
to investment securities\plain\cf1\f51\fs16\ql ($0.2 billion) were partially of
fset by lower gains related to associated companies ($0.1 billion). The increase
in broadcast revenues reflects the 2010\plain\cf1\f51\fs16\ql Olympics broadca
sts, partially offset by the absence of revenues from the 2009 Super Bowl broadc
ast. Segment profit of $0.8 billion decreased 13%, or\plain\cf1\f51\fs16\ql $0.
1 billion, as lower earnings in our broadcast television business ($0.2 billion)
and lower gains related to associated companies ($0.1 billion) were\plain\cf1\f
51\fs16\ql partially offset by higher earnings in cable ($0.1 billion) and lowe
r impairments related to investment securities ($0.2 billion). The decrease in b
roadcast\plain\cf1\f51\fs16\ql television earnings reflects losses from the Oly
mpics broadcast, partially offset by the lack of losses related to the 2009 Supe
r Bowl Broadcast.\par\pard\plain\sb286\cf1\f51\fs16\b\ql GE Capital\par\pard\pla
in\cf1\f51\fs18\ql \~
\par\pard\plain
h172
h172\row}}}
9\cell{
bl\cf1\f51\fs16\qr 12,297\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\p
qr 26,511\cell{
d\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 431\cell\p
r 1,460\cell{
\par\pard\plain
ertalb\cellx8093\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9069\trrh344
ertalb\cellx8093\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9069\trrh344\row}}}

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Total assets\cell\pard\plain\in
\intbl\cf1\f51\fs16\qr 587,956\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\p
ard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 622,874\
$\cell\pard\plain\intbl\cf1\f51\fs16\qr 621,232\cell{
db\brdrcf1\clvertalb\cellx9066\trrh63
ll{
db\brdrcf1\clvertalb\cellx9066\trrh63\row}}}\pard\plain\cf1\f51\fs13\ql \~\par\p
ard\plain\cf1\f51\fs16\qc (51)
\par\pard\plain
cell{
\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
w}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql CLL(a)\cell\pard\plain\intbl\cf1\
ard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\
\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Consumer(a)\cell\pard\plain\intbl
16\ql \~\cell{
w}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Real Estate\cell\pard\plain\intbl
ntbl\cf1\f51\fs16\qr 991\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plai
\ql \~\cell{
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Energy Financial Services\cell\pa
cf1\f51\fs16\ql \~\cell{
w}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql GECAS(a)\cell\pard\plain\intbl\cf
ql \~\cell{
ntbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1
w}}}
f1\f51\fs16\qr 312\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intb
bl\cf1\f51\fs16\qr 243\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain
lain\intbl\cf1\f51\fs16\qr 481\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
ntbl\cf1\f51\fs16\qr 735\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plai
ain\intbl\cf1\f51\fs16\qr 252\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
\~\cell{
w}}}
l\pard\plain\intbl\cf1\f51\fs16\qr (927\cell\pard\plain\intbl\cf1\f51\fs16\ql )\
6\ql )\~\cell{
51\fs16\ql \~\cell{
w}}}
l\cf1\f51\fs16\qr 288\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\i
ll{
91\clvertalb\cellx9928\trrh206\row}}}\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\cell{
f1\f51\fs16\qr 202,386\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 224,556\cell\par
pard\plain\intbl\cf1\f51\fs16\qr 210,742\cell{
ntbl\cf1\f51\fs16\qr 161,989\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\par
d\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 178,325\c
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 174,019\cell{
ntbl\cf1\f51\fs16\qr 76,597\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
\cell\pard\plain\intbl\cf1\f51\fs16\qr 81,505\cell{
\qr 22,956\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 22,616\cell{
l\cf1\f51\fs16\qr 48,555\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pl
ll\pard\plain\intbl\cf1\f51\fs16\qr 48,178\cell{
91\clvertalb\cellx8505\clvertalb\cellx9066\trrh206\row}}}\pard\plain\cf1\f51\fs9
\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51
\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Duri
{\trowd\cellx431\cellx10799\trrh413\row}}}\pard\plain\sb198\cf1\f51\fs16\ql GE C
apital revenues decreased 3% and net earnings increased 93% compared with the se
cond quarter of 2009. Revenues for the second quarters of 2010\plain\cf1\f51\fs1
6\ql and 2009 included $0.2 billion and $0.3 billion of revenues from acquisiti
ons, respectively, and in 2010 were reduced by $0.1 billion as a result of\plain
\cf1\f51\fs16\ql dispositions. The $0.1 billion net reduction from dispositions
reflects a $0.1 billion gain in 2010, offset by $0.2 billion from dispositions
in 2009. The\plain\cf1\f51\fs16\ql 2010 dispositions primarily related to the d
econsolidation of Regency Energy Partners L.P. (Regency), which included a $0.1
billion gain on sale of our\plain\cf1\f51\fs16\ql general partnership interest
in Regency and remeasurement of our retained investment (the Regency transaction
). Revenues for the quarter also decreased\plain\cf1\f51\fs16\ql $0.2 billion c
ompared with the second quarter of 2009 as a result of organic revenue declines
primarily driven by a lower asset base and a lower interest\plain\cf1\f51\fs16\q
l rate environment, partially offset by the weaker U.S. dollar. Net earnings in
creased by $0.4 billion in the second quarter of 2010 compared with the\plain\cf
1\f51\fs16\ql second quarter of 2009, primarily due to lower provisions for los
ses on financing receivables, lower selling, general and administrative costs an
d the gain\plain\cf1\f51\fs16\ql on the Regency transaction. These increases we
re partially offset by the absence of the second quarter 2009 gain on the remeas
urement of our previously\plain\cf1\f51\fs16\ql held equity investment in BAC r
elated to the acquisition of a controlling interest (BAC acquisition gain). GE C
apital net earnings also included\plain\cf1\f51\fs16\ql restructuring, rational
ization and other charges of $0.1 billion in both the second quarters of 2010 an
d 2009.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (52)
1\fs16\ql GE Capital revenues decreased 7% and net earnings decreased 2% compare
d with the first six months of 2009. Revenues for the first six months of 2010\p
lain\cf1\f51\fs16\ql and 2009 included $0.6 billion and $0.5 billion of revenue
s from acquisitions, respectively, and in 2010 were increased by $0.1 billion an
d in 2009 were\plain\cf1\f51\fs16\ql reduced by $1.6 billion as a result of dis
positions, including the effects of the 2010 deconsolidation of Regency and the
2009 deconsolidation of Penske\plain\cf1\f51\fs16\ql Truck Leasing Co., L.P. (P
TL). Revenues for the first six months of 2010 also decreased $0.5 billion compa
red with the first six months of 2009 as a\plain\cf1\f51\fs16\ql result of orga
nic revenue declines primarily driven by a lower asset base and a lower interest
rate environment, partially offset by the weaker U.S. dollar.\plain\cf1\f51\fs1

6\ql Net earnings decreased in the first six months of 2010 compared with the f
irst six months of 2009, primarily due to the absence of the first quarter 2009\
plain\cf1\f51\fs16\ql tax benefit from the decision to indefinitely reinvest pr
ior-year earnings outside the U.S., the absence of the first quarter 2009 gain o
n the PTL sale and\plain\cf1\f51\fs16\ql remeasurement and the absence of the B
AC acquisition gain, offset by lower provisions for losses on financing receivab
les, lower selling, general and\plain\cf1\f51\fs16\ql administrative costs and
the gain on the Regency transaction. GE Capital net earnings also included restr
ucturing, rationalization and other charges of $0.1\plain\cf1\f51\fs16\ql billi
on in both the first six months of 2010 and 2009.\par\pard\plain\sb198\cf1\f51\f
s16\ql During the first six months of 2010, GE Capital provided approximately $3
8 billion of new financings in the U.S. to various companies, infrastructure\pla
in\cf1\f51\fs16\ql projects and municipalities. Additionally, we extended appro
ximately $35 billion of credit to approximately 48\~million U.S. consumers. GE C
apital\plain\cf1\f51\fs16\ql provided credit to approximately 14,000 new commer
cial customers and 19,000 new small businesses in the U.S. during the first six
months of 2010 and\plain\cf1\f51\fs16\ql ended the period with outstanding cred
it to more than 329,000 commercial customers and 175,000 small businesses throug
h retail programs in the U.S.\par\pard\plain\sb198\cf1\f51\fs16\ql Additional in
formation about certain GE Capital businesses follows.\par\pard\plain\sb198\cf1\
f51\fs16\ql CLL revenues decreased 15% and net earnings increased 28% compared w
ith the second quarter of 2009. Revenues for the quarter decreased $0.8 billion\
plain\cf1\f51\fs16\ql compared with the second quarter of 2009 as a result of o
rganic revenue declines ($0.9 billion), partially offset by the weaker U.S. doll
ar ($0.1 billion).\plain\cf1\f51\fs16\ql Net earnings increased in the second q
uarter of 2010, reflecting lower provisions for losses on financing receivables
($0.2 billion), lower selling, general\plain\cf1\f51\fs16\ql and administrative
costs ($0.1 billion) and higher gains ($0.1 billion), partially offset by marks
and impairments ($0.2 billion) and core declines ($0.1\plain\cf1\f51\fs16\ql b
illion).\par\pard\plain\sb198\cf1\f51\fs16\ql CLL revenues decreased 17% and net
earnings increased 13% compared with the first six months of 2009. Revenues for
the first six months of 2010 and\plain\cf1\f51\fs16\ql 2009 included $0.2 bill
ion and $0.1 billion, respectively, from acquisitions, and in 2009 were reduced
by $1.2 billion from dispositions, primarily related\plain\cf1\f51\fs16\ql to t
he deconsolidation of PTL, which included $0.3 billion related to a gain on the
sale of a partial interest in a limited partnership in PTL and\plain\cf1\f51\fs1
6\ql remeasurement of our retained investment. Revenues for the first six month
s of 2010 also decreased $0.7 billion compared with the first six months of\plai
n\cf1\f51\fs16\ql 2009 as a result of organic revenue declines ($1.0 billion),
partially offset by the weaker U.S. dollar ($0.3 billion). Net earnings increase
d in the first six\plain\cf1\f51\fs16\ql months of 2010, reflecting lower provi
sions for losses on financing receivables ($0.3 billion), lower selling, general
and administrative costs ($0.2 billion)\plain\cf1\f51\fs16\ql and higher gains
($0.1 billion). These increases were partially offset by the absence of the gai
n on the PTL sale and remeasurement ($0.3 billion),\plain\cf1\f51\fs16\ql decli
nes in lower-taxed earnings from global operations ($0.1 billion) and marks and
impairments ($0.1 billion).\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1
\f51\fs16\qc (53)
1\fs16\ql Consumer revenues remained flat and net earnings increased 192% compar
ed with the second quarter of 2009. Revenues for the second quarter of 2010\plai
n\cf1\f51\fs16\ql included $0.2 billion from acquisitions and were reduced by $
0.1 billion as a result of dispositions. Revenues for the second quarter of 2009
included a\plain\cf1\f51\fs16\ql gain of $0.3 billion on the remeasurement of
our previously held equity investment in BAC related to the acquisition of a con
trolling interest (BAC\plain\cf1\f51\fs16\ql acquisition gain). Revenues for th
e second quarter also increased $0.2 billion compared with the second quarter of
2009 as a result of the weaker U.S\plain\cf1\f51\fs16\ql dollar ($0.2 billion)

. The increase in net earnings resulted primarily from core growth of $0.7 billi
on, partially offset by the absence of the BAC\plain\cf1\f51\fs16\ql acquisitio
n gain of $0.2 billion. Core growth included lower provisions for losses on fina
ncing receivables primarily in Global Banking and U.K. ($0.4\plain\cf1\f51\fs16\
ql billion), lower impairments ($0.1 billion) and lower selling, general and ad
ministrative costs ($0.1 billion).\par\pard\plain\sb198\cf1\f51\fs16\ql Consumer
revenues increased 2% and net earnings increased 34% compared with the first si
x months of 2009. Revenues for the first six months of 2010\plain\cf1\f51\fs16\q
l and 2009\~included $0.5 billion and $0.3 billion (including the BAC acquisiti
on gain), respectively, from acquisitions and were reduced by $0.2 billion as a\
plain\cf1\f51\fs16\ql result of dispositions. Revenues for the six months of 20
10 also increased $0.4 billion compared with the first six months of 2009 as a r
esult of the\plain\cf1\f51\fs16\ql weaker U.S. dollar of $0.5 billion, partiall
y offset by organic revenue declines of $0.2 billion. The increase in net earnin
gs resulted primarily from core\plain\cf1\f51\fs16\ql growth of $0.5 billion an
d the weaker U.S dollar of $0.1 billion, partially offset by the absence of the
BAC acquisition gain of $0.2 billion and the effects\plain\cf1\f51\fs16\ql of d
ispositions of $0.1 billion. Core growth included lower provisions for losses on
financing receivables across most platforms ($0.8 billion), lower\plain\cf1\f51
\fs16\ql selling, general and administrative costs ($0.2 billion) and lower imp
airments, partially offset by the absence of the first quarter 2009 tax benefit
of $0.5\plain\cf1\f51\fs16\ql billion from the decision to indefinitely reinves
t prior-year earnings outside the U.S.\par\pard\plain\sb198\cf1\f51\fs16\ql Real
Estate revenues decreased 2% and net earnings decreased 121% compared with the
second quarter of 2009. Revenues for the quarter decreased\plain\cf1\f51\fs16\ql
compared with the second quarter of 2009 as a result of organic revenue declin
es, partially offset by the weaker U.S. dollar and an increase in property\plain
\cf1\f51\fs16\ql sales. Real Estate net earnings decreased $0.3 billion compare
d with the second quarter of 2009, primarily from an increase in provisions for
losses on\plain\cf1\f51\fs16\ql financing receivables and impairments ($0.4 bil
lion), partially offset by core increases ($0.1 billion). Depreciation expense o
n real estate equity\plain\cf1\f51\fs16\ql investments totaled $0.3 billion in
both the second quarters of 2010 and 2009, respectively.\par\pard\plain\sb198\cf
1\f51\fs16\ql Real Estate revenues decreased 3% and net earnings decreased 126%
compared with the first six months of 2009. Revenues for the first six months of
\plain\cf1\f51\fs16\ql 2010 decreased $0.1 billion compared with the first six
month of 2009 as a result of organic revenue declines, partially offset by the w
eaker U.S. dollar\plain\cf1\f51\fs16\ql and an increase in property sales. Real
Estate net earnings decreased $0.5 billion compared with the first six months o
f 2009, primarily from an increase\plain\cf1\f51\fs16\ql in provisions for loss
es on financing receivables and impairments ($0.7 billion), partially offset by
core increases ($0.2 billion). Depreciation expense on\plain\cf1\f51\fs16\ql re
al estate equity investments totaled $0.5 billion and $0.6 billion in the first
six months of 2010 and 2009, respectively.\par\pard\plain\sb198\cf1\f51\fs16\ql
Energy Financial Services revenues increased 21% and net earnings increased 94%
compared with the second quarter of 2009. Revenues for the second\plain\cf1\f51\
fs16\ql quarter of 2010 included a $0.1 billion gain related to the Regency tra
nsaction. Revenues for the quarter also increased compared with the second quart
er\plain\cf1\f51\fs16\ql of 2009 as a result of organic revenue growth, primari
ly as a result of higher energy commodity prices. The increase in net earnings r
esulted primarily\plain\cf1\f51\fs16\ql from the gain related to the Regency tr
ansaction ($0.1 billion) and higher core increases resulting from higher energy
commodity prices.\par\pard\plain\sb198\cf1\f51\fs16\ql Energy Financial Services
revenues increased 22% and net earnings increased 99% compared with the first s
ix months of 2009. Revenues for the first six\plain\cf1\f51\fs16\ql months of 2
010 included a $0.1 billion gain related to the Regency transaction. Revenues fo
r the first six months of 2009 included $0.1 billion of gains\plain\cf1\f51\fs16
\ql from dispositions. Revenues for the first six months of 2010 increased comp
ared with the first six months of 2009 as a result of organic revenue growth,\pl
ain\cf1\f51\fs16\ql primarily increases in associated company revenues resultin

g from an asset sale by an investee of $0.2 billion. The increase in net earning
s resulted\plain\cf1\f51\fs16\ql primarily from core increases, primarily incre
ases in associated company earnings resulting from an asset sale by an investee
of $0.1 billion and the gain\plain\cf1\f51\fs16\ql related to the Regency trans
action ($0.1 billion).\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\
fs16\qc (54)
1\fs16\ql GECAS revenues increased 8% and net earnings increased 1% compared wit
h the second quarter of 2009. Revenues for the quarter increased compared\plain\
cf1\f51\fs16\ql with the second quarter of 2009 as a result of organic revenue
growth ($0.1 billion), including higher investment income and lower asset sales.
Net\plain\cf1\f51\fs16\ql earnings were flat at $0.3 billion for the second qu
arter of 2010.\par\pard\plain\sb198\cf1\f51\fs16\ql GECAS revenues increased 10%
and net earnings increased 11% compared with the first six months of 2009. Reve
nues for the first six months of 2010\plain\cf1\f51\fs16\ql increased compared
with the first six months of 2009 as a result of organic revenue growth ($0.2 bi
llion), including higher investment income ($0.1\plain\cf1\f51\fs16\ql billion)
. The increase in net earnings resulted primarily from core increases and higher
investment income, partially offset by higher impairments and\plain\cf1\f51\fs1
6\ql credit losses.\par\pard\plain\sb198\cf1\f51\fs16\b\ql Home\~& Business Sol
utions\plain\cf1\f51\fs16\ql revenues of $2.3 billion increased 4% in the secon
d quarter of 2010 compared with the second quarter of 2009, as higher\plain\cf1\
f51\fs16\ql volume ($0.2 billion) was partially offset by lower prices ($0.1 bi
llion). The increase in volume primarily reflected increased lighting sales. Seg
ment profit\plain\cf1\f51\fs16\ql increased 59% in the second quarter of 2010,
primarily as a result of the effects of productivity ($0.1 billion), partially o
ffset by lower prices ($0.1\plain\cf1\f51\fs16\ql billion).\par\pard\plain\sb19
8\cf1\f51\fs16\ql Home\~& Business Solutions revenues of $4.2 billion increased
2% in the first six months of 2010 compared with the first six months of 2009, a
s higher\plain\cf1\f51\fs16\ql volume ($0.2 billion) was partially offset by lo
wer prices ($0.1 billion). The increase in volume primarily reflected increased
lighting sales. Segment profit\plain\cf1\f51\fs16\ql increased 59% to $0.2 bill
ion in the first six months of 2010, primarily as a result of the effects of pro
ductivity ($0.2 billion), partially offset by lower\plain\cf1\f51\fs16\ql price
s ($0.1 billion).\par\pard\plain\sb286\cf1\f51\fs16\b\ql Discontinued Operations
\par\pard\plain
cell{
cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr (188\cell\pard\plain\int
w}}}
n\sb198\cf1\f51\fs16\ql Discontinued operations primarily comprised GE Money Jap
an, WMC and Plastics. Results of these businesses are reported as discontinued o
perations for\plain\cf1\f51\fs16\ql all periods presented.\par\pard\plain\sb198
\cf1\f51\fs16\ql Loss from discontinued operations, net of taxes, for the second
quarter and the first six months of 2010, primarily reflected $0.2 billion and
$0.6 billion,\plain\cf1\f51\fs16\ql respectively, of incremental reserves relat
ed to the 2008 disposal of GE Money Japan.\par\pard\plain\sb198\cf1\f51\fs16\ql
Loss from discontinued operations, net of taxes, for the second quarter and the
first six months of 2009, primarily reflected $0.1 billion of incremental\plain\
cf1\f51\fs16\ql reserves related to the 2008 disposal of GE Money Japan.\par\pa
rd\plain\sb198\cf1\f51\fs16\ql For additional information related to discontinue
d operations, see Note 2 to the condensed, consolidated financial statements.\pa
r\pard\plain\sb198\cf1\f51\fs16\b\ql Corporate items and eliminations\plain\cf1\
f51\fs16\ql revenues in the second quarter of 2010 were flat reflecting lower r
evenues from the disposed businesses ($0.4 billion),\plain\cf1\f51\fs16\ql offs
et by lower eliminations, reflecting lower volume of intersegment sales ($0.2 bi
llion), higher asset management revenues ($0.1 billion) and increased\plain\cf1\
f51\fs16\ql insurance revenues. Corporate items and eliminations costs decrease
d by $0.2 billion compared with the second quarter of 2009 due to a decrease in\
plain\cf1\f51\fs16\ql restructuring, rationalization and other charges ($0.2 bi
llion) and lower corporate staff costs and an insurance settlement ($0.2 billion
), partially offset by\plain\cf1\f51\fs16\ql higher costs of our principal pens
ion plans ($0.2 billion).\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f
51\fs16\qc (55)
1\fs16\ql Corporate items and eliminations revenues in the first six months of 2
010 increased by $0.1 billion as lower eliminations, reflecting lower volume of\
plain\cf1\f51\fs16\ql intersegment sales ($0.3 billion), increased insurance re
venues ($0.2 billion) and higher asset management revenues ($0.1 billion) were p
artially offset by\plain\cf1\f51\fs16\ql lower revenues from disposed businesse
s ($0.4 billion). Corporate items and eliminations costs decreased by $0.3 billi
on compared with the first six\plain\cf1\f51\fs16\ql months of 2009 due to a de
crease in restructuring, rationalization and other charges ($0.4 billion) and hi
gher net gains on dispositions ($0.3 billion),\plain\cf1\f51\fs16\ql partially
offset by higher costs of our principal pension plans ($0.4 billion).\par\pard\p
lain\sb198\cf1\f51\fs16\ql Certain amounts included in Corporate items and elimi
nations cost are not allocated to GE operating segments because they are exclude
d from the\plain\cf1\f51\fs16\ql measurement of their operating performance for
internal purposes. In the second quarter of 2010, these included $0.1 billion a
t Technology Infrastructure,\plain\cf1\f51\fs16\ql primarily for restructuring,
rationalization and other charges. In the first six months of 2010, these inclu
ded $0.1 billion at each of Technology\plain\cf1\f51\fs16\ql Infrastructure, Ho
me\~& Business Solutions and Energy Infrastructure, primarily for restructuring,
rationalization and other charges.\par\pard\plain\sb286\cf1\f51\fs16\b\ql B. St
atement of Financial Position\par\pard\plain\sb88\cf1\f51\fs16\b\ql Overview of
Financial Position\par\pard\plain\sb88\cf1\f51\fs16\ql Major changes in our fina
ncial position in the first six months of 2010 resulted from the following:\par\
\par\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Increase of $31.1 billion in assets and
$33.0 billion in liabilities and a net reduction of total equity (including non
controlling interests) of $1.9\plain\intbl\cf1\f51\fs16\ql billion on January\~
1, 2010, as a result of the adoption of Financial Accounting Standards Board (FA
SB) Accounting Standards Update (ASU)\plain\intbl\cf1\f51\fs16\ql 2009-16 and A
SU 2009-17 (ASU 2009-16\~& 17);\cell{
{\trowd\cellx557\cellx665\cellx10800\trrh619\row}}}\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql At GECS, repayments exceeded new issuan
ces of total borrowings by $38.2 billion and collections on financing receivable
s exceeded\plain\intbl\cf1\f51\fs16\ql originations by $17.3 billion;\cell{
\par\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql On February\~28, 2010, we completed the
sale of our Security business for $1.8 billion in cash; and\cell{
\par\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql The U.S. dollar was stronger at June\~3
0, 2010 than at December\~31, 2009, decreasing the translated levels of our nonU.S. dollar assets and\plain\intbl\cf1\f51\fs16\ql liabilities.\cell{
{\trowd\cellx557\cellx665\cellx10800\trrh413\row}}}\pard\plain\sb198\cf1\f51\fs1
6\ql Consolidated assets were $749.9 billion at June\~30, 2010, a decrease of $3
1.9 billion from December\~31, 2009. GE assets decreased $3.5 billion, and\plain
\cf1\f51\fs16\ql financial services assets decreased $32.3 billion.\par\pard\pl
ain\sb198\cf1\f51\fs16\ql GE assets were $206.4 billion at June\~30, 2010, a $3.
5 billion decrease from December\~31, 2009. The decrease reflects a $3.6 billion
decrease in\plain\cf1\f51\fs16\ql investment in GECS mainly due to the impact
of the adoption of ASU 2009-16 and ASU 2009-17 and the effects of the stronger U
.S. dollar.\par\pard\plain\sb198\cf1\f51\fs16\ql Financial Services assets were
$617.9 billion at June\~30, 2010 and reflect the effect of our adoption of ASU 2
009-16\~& 17 (see Note 16). Excluding the\plain\cf1\f51\fs16\ql effect of the a
doption of ASU 2009-16\~& 17, assets decreased $62.9 billion, reflecting a reduc
tion of financing receivables of $43.9 billion, primarily\plain\cf1\f51\fs16\ql
through collections exceeding originations ($17.3 billion), the effects of the
stronger U.S. dollar ($14.6 billion), net write-offs ($4.6 billion) and a\plain\
cf1\f51\fs16\ql reduction in cash and investment securities ($5.1 billion) main
ly used to pay down borrowings.\par\pard\plain\sb198\cf1\f51\fs16\ql Consolidate
d liabilities were $629.2 billion at June\~30, 2010, a $27.5 billion decrease fr
om December\~31, 2009. GE liabilities decreased $0.1 billion and\plain\cf1\f51\f
s16\ql financial services liabilities decreased $27.8 billion.\par\pard\plain\s
b198\cf1\f51\fs16\ql GE liabilities were $86.8 billion at June\~30, 2010. The $0
.1 billion decrease from December\~31, 2009 was primarily attributable to net re
payments of total\plain\cf1\f51\fs16\ql borrowings of $2.3 billion, decreases i
n progress collections of $1.4 billion and other liabilities of $0.9 billion, pa
rtially offset by an increase in liabilities\plain\cf1\f51\fs16\ql of businesse
s held for sale of $4.1 billion, mainly related to the NBCU notes offering, and
deferred income taxes of $0.4 billion. The ratio of borrowings\plain\cf1\f51\fs1
6\ql to total capital invested for GE at the end of the second quarter was 7.6%
compared with 9.0% at the end of last year and 10.3% at June\~30, 2009.\par\par
d\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (56)
1\fs16\ql Financial Services liabilities decreased $27.8 billion from December\~
31, 2009 to $549.6 billion and reflect the adoption of ASU 2009-16\~& 17 (see No
te\plain\cf1\f51\fs16\ql 16). Excluding the effect of the adoption of ASU 200916\~& 17, liabilities decreased $60.2 billion primarily attributable to a $38.2
billion net reduction in\plain\cf1\f51\fs16\ql borrowings, including non-recour
se borrowings of consolidated securitization entities (CSEs), mainly due to matu
rities which were pre-funded in 2009\plain\cf1\f51\fs16\ql and consistent with
our overall reduction in financial services assets, and the effects of the stron
ger U.S. dollar.\par\pard\plain\sb286\cf1\f51\fs16\b\ql Cash Flows\par\pard\plai
n\sb88\cf1\f51\fs16\ql Consolidated cash and equivalents were $73.8 billion at J
une\~30, 2010, an increase of $1.6 billion during the first six months of 2010.
Cash and\plain\cf1\f51\fs16\ql equivalents totaled $52.3 billion at June\~30, 2
009, an increase of $4.1 billion from December\~31, 2008.\par\pard\plain\sb198\c
f1\f51\fs16\ql We evaluate our cash flow performance by reviewing our industrial
(non-financial services) businesses and financial services businesses separatel
y. Cash\plain\cf1\f51\fs16\ql from operating activities (CFOA) is the principal
source of cash generation for our industrial businesses. The industrial busines
ses also have liquidity\plain\cf1\f51\fs16\ql available via the public capital
markets. Our financial services businesses use a variety of financial resources
to meet our capital needs. Cash for financial\plain\cf1\f51\fs16\ql services bu
sinesses is primarily provided from the issuance of term debt and commercial pap
er in the public and private markets, time deposits, as well as\plain\cf1\f51\fs
16\ql financing receivables collections, sales and securitizations.\par\pard\pl
ain\sb286\cf1\f51\fs16\b\ql GE Cash Flow\par\pard\plain\sb88\cf1\f51\fs16\ql GE
cash and equivalents were $12.9 billion at June\~30, 2010, compared with $3.0 bi
llion at June\~30, 2009. GE CFOA totaled $6.3 billion for the first six\plain\cf
1\f51\fs16\ql months of 2010 compared with $7.0 billion for the first six month
s of 2009. With respect to GE CFOA, we believe that it is useful to supplement o
ur GE\plain\cf1\f51\fs16\ql Condensed Statement of Cash Flows and to examine in
a broader context the business activities that provide and require cash.\par\pa
rd\plain\cf1\f51\fs18\ql \~
\par\pard\plain

cell{
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Six\~months\~ended\~June\~30\cell\pard\p
\pard\plain\intbl\cf1\f51\fs13\b\ql (In billions)\cell\pard\plain\intbl\cf1\f51\
l\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
\trrh0
\trrh0\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Operating cash collections(a)\cel
ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 51.2\cell\pard\plain\intbl\cf1\f51\fs
16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Operating cash payments\cell\pard
pard\plain\intbl\cf1\f51\fs16\qr (35.8\cell\pard\plain\intbl\cf1\f51\fs16\ql )\~
6\ql )\~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GE cash from operating activities
(GE CFOA)(a)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 6.3\cell\pard\plain\intbl
bl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 7.0\cell\pard\plain\i
rcf1\clvertalb\cellx8067\clvertalc\cellx8204\trrh63\row}}}\pard\plain\cf1\f51\fs
9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f5
1\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql GE s
ells customer receivables to GECS in part to fund the growth of our industrial b
usinesses. These transactions can result in cash generation or\plain\intbl\cf1\f
51\fs16\ql cash use. During any given period, GE receives cash from the sale of
receivables to GECS. It also foregoes collection of cash on receivables sold.\p
lain\intbl\cf1\f51\fs16\ql The incremental amount of cash received from sale of
receivables in excess of the cash GE would have otherwise collected had those r
eceivables\plain\intbl\cf1\f51\fs16\ql not been sold, represents the cash gener
ated or used in the period relating to this activity. The incremental cash gener
ated in GE CFOA from selling\plain\intbl\cf1\f51\fs16\ql these receivables to G
ECS decreased GE CFOA by $0.3 billion for the six months ended June\~30, 2010 an
d increased GE CFOA by $0.5 billion for\plain\intbl\cf1\f51\fs16\ql the six mon
ths ended June\~30, 2009. See Note 17 to the condensed, consolidated financial s
tatements for additional information about the\plain\intbl\cf1\f51\fs16\ql elim
ination of intercompany transactions between GE and GECS.\cell{

{\trowd\cellx431\cellx10798\trrh1444\row}}}\pard\plain\sb198\cf1\f51\fs16\ql The
most significant source of cash in GE CFOA is customer-related activities, the
largest of which is collecting cash following a product or services\plain\cf1\f5
1\fs16\ql sale. GE operating cash collections decreased by $9.1 billion during
the first six months of 2010. This decrease is consistent with the changes in\pl
ain\cf1\f51\fs16\ql comparable GE operating segment revenues. Analyses of opera
ting segment revenues discussed in the preceding Segment Operations section are
the best\plain\cf1\f51\fs16\ql way of understanding their customer-related CFOA
.\par\pard\plain\sb198\cf1\f51\fs16\ql The most significant operating use of cas
h is to pay our suppliers, employees, tax authorities and others for a wide rang
e of material and services. GE\plain\cf1\f51\fs16\ql operating cash payments de
creased in the first six months of 2010 by $8.4 billion, consistent with the dec
rease in GE total costs and expenses.\par\pard\plain\sb198\cf1\f51\fs16\ql GE CF
OA decreased $0.7 billion compared with the first six months of 2009, primarily
reflecting an overall decline in net earnings, a decrease in\plain\cf1\f51\fs16\
ql progress collections of $1.5 billion, partially offset by working capital im
provements of $1.3 billion.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1
\f51\fs16\qc (57)
1\fs16\b\ql GECS Cash Flow\par\pard\plain\sb88\cf1\f51\fs16\ql GECS cash and equ
ivalents were $61.5 billion at June\~30, 2010, compared with $50.0 billion at Ju
ne\~30, 2009. GECS cash from operating activities\plain\cf1\f51\fs16\ql totaled
$10.3 billion for the first six months of 2010, compared with cash used for ope
rating activities of $1.7 billion for the first six months of 2009.\plain\cf1\f5
1\fs16\ql This was primarily due to a prior-year decrease in cash collateral he
ld from counterparties on derivative contracts of $6.7 billion and a decrease, a
s\plain\cf1\f51\fs16\ql compared to the prior year, in cash used for other liab
ilities of $2.3 billion, primarily related to taxes payable, and lower gains and
higher impairments at\plain\cf1\f51\fs16\ql Real Estate of $1.7 billion, also
as compared to the prior year.\par\pard\plain\sb198\cf1\f51\fs16\ql Consistent w
ith our plan to reduce GECS asset levels, cash from investing activities was $27
.4 billion during the first six months of 2010; $17.3 billion\plain\cf1\f51\fs16
\ql resulted from a reduction in financing receivables, due to collections exce
eding originations, and $3.3 billion in investment securities was mainly due to\
plain\cf1\f51\fs16\ql maturities of short-term investments at our Treasury oper
ations.\par\pard\plain\sb198\cf1\f51\fs16\ql GECS cash used for financing activi
ties in the first six months of 2010 of $38.9 billion related primarily to a $38
.2 billion reduction in total borrowings,\plain\cf1\f51\fs16\ql mainly due to m
aturities which were pre-funded in 2009 and a reduction in non-recourse borrowin
gs of CSEs on lower volumes.\par\pard\plain\sb286\cf1\f51\fs16\b\ql Other Liabil
ities\par\pard\plain\sb88\cf1\f51\fs16\ql As previously disclosed, under a 2006
consent decree with the Environmental Protection Agency (EPA), GE has agreed to
dredge PCB-containing\plain\cf1\f51\fs16\ql sediment from the upper Hudson Rive
r. The dredging is to be performed in two phases and Phase I was completed in Ma
y through November of 2009.\plain\cf1\f51\fs16\ql Between Phase I and Phase II
there will be an intervening peer review by an independent panel of national exp
erts. The panel will evaluate the\plain\cf1\f51\fs16\ql performance of Phase I
dredging operations with respect to Phase I Engineering Performance Standards, e
valuate experience gained from Phase I and may\plain\cf1\f51\fs16\ql set forth
proposed changes to the standards. This evaluation is expected to conclude in th
e early fall of 2010 after which EPA, considering the peer\plain\cf1\f51\fs16\ql
review panel\u8217?s recommendations, GE\u8217?s proposed changes, and its own
analysis, will issue its regulatory decision setting forth any changes to\plain
\cf1\f51\fs16\ql the scope of, or performance standards for, Phase II. Followin
g EPA\u8217?s decision, GE has 90 days to either elect to perform Phase II or to
opt out of\plain\cf1\f51\fs16\ql the project, at which point GE may be respons
ible for further costs. The amount of additional cost is uncertain and will depe
nd on a number of factors,\plain\cf1\f51\fs16\ql including the EPA\u8217?s eval

uation of potential changes to the scope, design and engineering controls of the
remedy, the volume of any additional\plain\cf1\f51\fs16\ql sediment required t
o be removed and the duration of further remediation; these costs may differ fro
m our current estimates. Our statement of financial\plain\cf1\f51\fs16\ql posit
ion as of June\~30, 2010, included liabilities for the probable and estimable co
sts of the project under the consent decree.\par\pard\plain\sb286\cf1\f51\fs16\b
\ql Intercompany Eliminations\par\pard\plain\sb88\cf1\f51\fs16\ql Effects of tra
nsactions between related companies are eliminated and consist primarily of capi
tal contributions from GE to GECS; GE customer\plain\cf1\f51\fs16\ql receivable
s sold to GECS; GECS services for trade receivables management and material proc
urement; buildings and equipment (including automobiles)\plain\cf1\f51\fs16\ql
leased between GE and GECS; information technology (IT) and other services sold
to GECS by GE; aircraft engines manufactured by GE that are\plain\cf1\f51\fs16\q
l installed on aircraft purchased by GECS from third-party producers for lease
to others; and various investments, loans and allocations of GE corporate\plain\
cf1\f51\fs16\ql overhead costs. See Note 17 to the condensed, consolidated fina
ncial statements for further information related to intercompany eliminations.\p
ar\pard\plain\sb286\cf1\f51\fs16\b\ql Fair Value Measurements\par\pard\plain\sb8
8\cf1\f51\fs16\ql See Note 1 to our 2009 consolidated financial statements for d
isclosures related to our methodology for fair value measurements. Additional in
formation\plain\cf1\f51\fs16\ql about fair value measurements is provided in No
te 14 to the condensed, consolidated financial statements.\par\pard\plain\sb198\
cf1\f51\fs16\ql At June\~30, 2010, the aggregate amount of investments that are
measured at fair value through earnings totaled $4.6 billion and consisted prima
rily of\plain\cf1\f51\fs16\ql various assets held for sale in the ordinary cour
se of business, as well as equity investments.\par\pard\plain\cf1\f51\fs13\ql \~
\par\pard\plain\cf1\f51\fs16\qc (58)
1\fs16\b\ql C. Financial Services Portfolio Quality\par\pard\plain\sb88\cf1\f51\
fs16\b\ql Investment securities\plain\cf1\f51\fs16\ql comprise mainly investmen
t-grade debt securities supporting obligations to annuitants and policyholders i
n our run-off insurance\plain\cf1\f51\fs16\ql operations and holders of guarant
eed investment contracts (GICs) in Trinity (which ceased issuing new investment
contracts beginning in the first quarter\plain\cf1\f51\fs16\ql of 2010) and inv
estment securities held at our global banks. The fair value of investment securi
ties decreased to $42.1 billion at June\~30, 2010, from\plain\cf1\f51\fs16\ql $
51.9 billion at December\~31, 2009, primarily driven by a decrease in retained i
nterests as a result of our adoption of ASU 2009-16\~& 17 and maturities,\plain\
cf1\f51\fs16\ql partially offset by improved market conditions. Of the amount a
t June\~30, 2010, we held debt securities with an estimated fair value of $41.0
billion,\plain\cf1\f51\fs16\ql which included corporate debt securities, reside
ntial mortgage-backed securities (RMBS) and commercial mortgage-backed securitie
s (CMBS) with\plain\cf1\f51\fs16\ql estimated fair values of $25.5 billion, $3.
1 billion and $2.9 billion, respectively. Unrealized losses on debt securities w
ere $1.8 billion and $2.6 billion at\plain\cf1\f51\fs16\ql June\~30, 2010 and D
ecember\~31, 2009, respectively. This amount included unrealized losses on corpo
rate debt securities, RMBS and CMBS of $0.5\plain\cf1\f51\fs16\ql billion, $0.5
billion and $0.3 billion, respectively, at June\~30, 2010, as compared with $0.
8 billion, $0.8 billion and $0.4 billion, respectively, at\plain\cf1\f51\fs16\ql
December\~31, 2009.\par\pard\plain\sb198\cf1\f51\fs16\ql Of the $3.1 billion o
f RMBS, our exposure to subprime credit was approximately $0.8 billion. These se
curities are primarily held to support obligations to\plain\cf1\f51\fs16\ql hol
ders of GICs. We purchased no such securities in the first six months of 2010 an
d 2009. These investment securities are collateralized primarily by\plain\cf1\f5
1\fs16\ql pools of individual direct mortgage loans, and do not include structu
red products such as collateralized debt obligations. Additionally, a majority o
f\plain\cf1\f51\fs16\ql exposure to residential subprime credit related to inve
stment securities backed by mortgage loans originated in 2006 and 2005. The vast
majority of the\plain\cf1\f51\fs16\ql securities we hold are in a senior posit
ion in the capital structure of the deal.\par\pard\plain\sb198\cf1\f51\fs16\ql T
he vast majority of our CMBS have investment-grade credit ratings from the major
rating agencies and are in a senior position in the capital structure of\plain\
cf1\f51\fs16\ql the deal. Our CMBS investments are collateralized by both diver
sified pools of mortgages that were originated for securitization (conduit CMBS)
and\plain\cf1\f51\fs16\ql pools of large loans backed by high quality properti
es (large loan CMBS), a majority of which were originated in 2006 and 2007.\par\
pard\plain\sb198\cf1\f51\fs16\ql We regularly review investment securities for i
mpairment. Our review uses both qualitative and quantitative criteria. Effective
April\~1, 2009, the FASB\plain\cf1\f51\fs16\ql amended ASC 320,\plain\cf1\f51\
fs16\i\ql Investments \u8211? Debt and Equity Securities\plain\cf1\f51\fs16\ql
, and modified the requirements for recognizing and measuring other-than-tempo
rary\plain\cf1\f51\fs16\ql impairment for debt securities. This did not have a
material impact on our results of operations. We presently do not intend to sell
our debt securities and\plain\cf1\f51\fs16\ql believe that it is not more like
ly than not that we will be required to sell these securities that are in an unr
ealized loss position before recovery of our\plain\cf1\f51\fs16\ql amortized co
st. If we do not intend to sell the security and it is not more likely than not
that we will be required to sell the security before recovery of\plain\cf1\f51\f
s16\ql our amortized cost, we evaluate other qualitative criteria to determine
whether a credit loss exists, such as the financial health of and specific prosp
ects for\plain\cf1\f51\fs16\ql the issuer, including whether the issuer is in c
ompliance with the terms and covenants of the security. Quantitative criteria in
clude determining whether\plain\cf1\f51\fs16\ql there has been an adverse chang
e in expected future cash flows. With respect to corporate bonds, we placed grea
ter emphasis on the credit quality of the\plain\cf1\f51\fs16\ql issuer. With re
spect to RMBS and CMBS, we placed greater emphasis on our expectations with resp
ect to cash flows from the underlying collateral and\plain\cf1\f51\fs16\ql with
respect to RMBS, we considered other features of the security, principally mono
line insurance. For equity securities, our criteria include the length of\plain\
cf1\f51\fs16\ql time and magnitude of the amount that each security is in an un
realized loss position. Our other-than-temporary impairment reviews involve our
finance,\plain\cf1\f51\fs16\ql risk and asset management functions as well as t
he portfolio management and research capabilities of our internal and third-part
y asset managers.\par\pard\plain\sb198\cf1\f51\fs16\ql Monoline insurers (Monoli
nes) provide credit enhancement for certain of our investment securities, primar
ily residential mortgage-backed securities and\plain\cf1\f51\fs16\ql municipal
securities. The credit enhancement is a feature of each specific security that g
uarantees the payment of all contractual cash flows, and is not\plain\cf1\f51\fs
16\ql purchased separately by GE. The Monoline industry continues to experience
financial stress from increasing delinquencies and defaults on the individual\p
lain\cf1\f51\fs16\ql loans underlying insured securities. We continue to rely o
n Monolines with adequate capital and claims paying resources. We have reduced o
ur reliance\plain\cf1\f51\fs16\ql on Monolines that do not have adequate capita
l or have experienced regulator intervention. At June\~30, 2010, our investment
securities insured by\plain\cf1\f51\fs16\ql Monolines on which we continue to p
lace reliance were $1.8 billion, including $0.4 billion of our $0.8 billion inve
stment in subprime RMBS. At June\~30,\plain\cf1\f51\fs16\ql 2010, the unrealize
d loss associated with securities subject to Monoline credit enhancement for whi
ch there is an expected credit loss was $0.2 billion.\par\pard\plain\cf1\f51\fs1
3\ql \~\par\pard\plain\cf1\f51\fs16\qc (59)
1\fs16\ql Total pre-tax other-than-temporary impairment losses during the second
quarter of 2010 were $0.1 billion, of which $0.1 billion was recognized in\plai
n\cf1\f51\fs16\ql earnings and primarily relates to credit losses on RMBS and n
on-U.S. government securities.\par\pard\plain\sb198\cf1\f51\fs16\ql Total pre-ta
x other-than-temporary impairment losses during the first six months of 2010 wer
e $0.3 billion, of which $0.2 billion was recognized in\plain\cf1\f51\fs16\ql e
arnings and primarily relates to credit losses on RMBS and non-U.S. government s
ecurities and $0.1 billion primarily relates to non-credit related losses\plain\
cf1\f51\fs16\ql on RMBS and is included within accumulated other comprehensive
income.\par\pard\plain\sb198\cf1\f51\fs16\ql Our qualitative review attempts to
identify issuers\u8217? securities that are \u8220?at-risk\u8221? of other-thantemporary impairment, that is, for\plain\cf1\f51\fs16\ql securities that we do
not intend to sell and it is not more likely than not that we will be required t
o sell before recovery of our amortized cost, whether\plain\cf1\f51\fs16\ql the
re is a possibility of credit loss that would result in an other-than-temporary
impairment recognition in the following 12 months. Securities we have\plain\cf1\
f51\fs16\ql identified as \u8220?at-risk\u8221? primarily relate to investments
in RMBS securities and corporate debt securities across a broad range of indust
ries.\plain\cf1\f51\fs16\ql The amount of associated unrealized loss on these s
ecurities at June\~30, 2010, is $0.4 billion. Credit losses that would be recogn
ized in earnings are\plain\cf1\f51\fs16\ql calculated when we determine the sec
urity to be other-than-temporarily impaired. Uncertainty in the capital markets
may cause increased levels of\plain\cf1\f51\fs16\ql other-than-temporary impair
ments.\par\pard\plain\sb198\cf1\f51\fs16\ql At June\~30, 2010, unrealized losses
on investment securities totaled $1.9 billion, including $1.7 billion aged 12 m
onths or longer, compared with\plain\cf1\f51\fs16\ql unrealized losses of $2.6
billion, including $2.3 billion aged 12 months or longer, at December\~31, 2009.
Of the amount aged 12 months or longer at\plain\cf1\f51\fs16\ql June\~30, 2010
, approximately 70% of our debt securities were considered to be investment grad
e by the major rating agencies. In addition, of the amount\plain\cf1\f51\fs16\ql
aged 12 months or longer, $1.0 billion and $0.5 billion related to structured
securities (mortgage-backed, asset-backed and securitization retained\plain\cf1\
f51\fs16\ql interests) and corporate debt securities, respectively. With respec
t to our investment securities that are in an unrealized loss position at June\~
30, 2010, the\plain\cf1\f51\fs16\ql vast majority relate to debt securities hel
d to support obligations to holders of GICs and annuitants and policyholders in
our run-off insurance operations.\plain\cf1\f51\fs16\ql We presently do not int
end to sell our debt securities and believe that it is not more likely than not
that we will be required to sell these securities that\plain\cf1\f51\fs16\ql ar
e in an unrealized loss position before recovery of our amortized cost. The fair
values used to determine these unrealized gains and losses are those\plain\cf1\
f51\fs16\ql defined by relevant accounting standards and are not a forecast of
future gains or losses. For additional information, see Note 3 to the condensed,
\plain\cf1\f51\fs16\ql consolidated financial statements.\par\pard\plain\sb198\
cf1\f51\fs16\b\ql Financing receivables\plain\cf1\f51\fs16\ql is our largest ca
tegory of assets and represents one of our primary sources of revenues. Our port
folio of financing receivables is\plain\cf1\f51\fs16\ql diverse and not directl
y comparable to major U.S. banks. A discussion of the quality of certain element
s of the financing receivables portfolio follows.\par\pard\plain\sb198\cf1\f51\f
s16\ql Our consumer portfolio is largely non-U.S. and primarily comprises mortga
ge, sales finance, auto and personal loans in various European and Asian\plain\c
f1\f51\fs16\ql countries. Our U.S. consumer financing receivables comprise 13%
of our total portfolio. Of those, approximately 59% relate primarily to credit c
ards,\plain\cf1\f51\fs16\ql which are often subject to profit and loss sharing
arrangements with the retailer (the results of which are reflected in revenues),
and have a smaller\plain\cf1\f51\fs16\ql average balance and lower loss severi
ty as compared to bank cards. The remaining 41% are sales finance receivables, w
hich provide electronics,\plain\cf1\f51\fs16\ql recreation, medical and home im
provement financing to customers. In 2007, we exited the U.S. mortgage business
and we have no U.S. auto or student\plain\cf1\f51\fs16\ql loans.\par\pard\plain
\sb198\cf1\f51\fs16\ql Our commercial portfolio primarily comprises senior, secu
red positions with comparatively low loss history. The secured receivables in th
is portfolio are\plain\cf1\f51\fs16\ql collateralized by a variety of asset cla
sses, which for our CLL business primarily include: industrial-related facilitie
s and equipment; vehicles, corporate\plain\cf1\f51\fs16\ql aircraft, and equipm

ent used in many industries, including the construction, manufacturing, transpor
tation, media, communications, entertainment, and\plain\cf1\f51\fs16\ql healthc
are industries. The portfolios in our Real Estate, GECAS and Energy Financial Se
rvices businesses are collateralized by commercial real estate,\plain\cf1\f51\fs
16\ql commercial aircraft and operating assets in the global energy and water i
ndustries, respectively. We are in a secured position for substantially all of o
ur\plain\cf1\f51\fs16\ql commercial portfolio.\par\pard\plain\cf1\f51\fs13\ql \
~\par\pard\plain\cf1\f51\fs16\qc (60)
1\fs16\ql Losses on financing receivables are recognized when they are incurred,
which requires us to make our best estimate of probable losses inherent in the\
plain\cf1\f51\fs16\ql portfolio. Such estimate requires consideration of histor
ical loss experience, adjusted for current conditions, and judgments about the p
robable effects of\plain\cf1\f51\fs16\ql relevant observable data, including pr
esent economic conditions such as delinquency rates, financial health of specifi
c customers and market sectors,\plain\cf1\f51\fs16\ql collateral values (includ
ing housing price indices as applicable), and the present and expected future le
vels of interest rates. As our revolving credit\plain\cf1\f51\fs16\ql portfolio
s turn over more than once per year, write-offs in our Consumer Installment and
Revolving credit portfolios during a particular fiscal year will be\plain\cf1\f5
1\fs16\ql related to both loans with incurred losses that existed in the portfo
lio as of the beginning of that fiscal year and those that were originated and w
ritten-off\plain\cf1\f51\fs16\ql during that fiscal year. For example, our U.S.
credit card portfolio has a weighted average turnover of approximately 6 months
as of June\~30, 2010. In\plain\cf1\f51\fs16\ql addition, write-offs in both ou
r consumer and commercial portfolios can also reflect both losses that are incur
red subsequent to the beginning of a fiscal\plain\cf1\f51\fs16\ql year and info
rmation becoming available during that fiscal year which may identify further de
terioration on exposures existing prior to the beginning of\plain\cf1\f51\fs16\q
l that fiscal year, and for which reserves could not have been previously recog
nized.\par\pard\plain\sb198\cf1\f51\fs16\ql Our risk management process includes
standards and policies for reviewing major risk exposures and concentrations, a
nd evaluates relevant data either for\plain\cf1\f51\fs16\ql individual loans or
financing leases, or on a portfolio basis, as appropriate.\par\pard\plain\sb198
\cf1\f51\fs16\ql For consumer loans, we collectively evaluate each portfolio for
impairment quarterly. The allowance for losses on these receivables is establis
hed through\plain\cf1\f51\fs16\ql a process that estimates the probable losses
inherent in the portfolio based upon statistical analyses of portfolio data. The
se analyses include migration\plain\cf1\f51\fs16\ql analysis, in which historic
al delinquency and credit loss experience is applied to the current aging of the
portfolio, together with other analyses that reflect\plain\cf1\f51\fs16\ql cur
rent trends and conditions. We also consider overall portfolio indicators includ
ing nonearning loans, trends in loan volume and lending terms, credit\plain\cf1\
f51\fs16\ql policies and other observable environmental factors such as unemplo
yment rates and home price indices.\par\pard\plain\sb198\cf1\f51\fs16\ql For com
mercial loans, we routinely evaluate our entire portfolio for potential specific
credit or collection issues that might indicate an impairment. For\plain\cf1\f5
1\fs16\ql larger balance, non-homogenous loans and leases, this survey first co
nsiders the financial status, payment history, request for amended contractual t
erms,\plain\cf1\f51\fs16\ql collateral value, industry conditions and guarantor
support related to specific customers. Any delinquencies or bankruptcies are al
so indications of potential\plain\cf1\f51\fs16\ql impairment requiring further
assessment of collectability. We routinely receive financial as well as rating a
gency reports on our customers, and we elevate\plain\cf1\f51\fs16\ql for furthe
r attention those customers whose operations we judge to be marginal or deterior
ating. We also elevate customers for further attention when we\plain\cf1\f51\fs1
6\ql observe a decline in collateral values for asset-based loans. We consider
multiple factors in evaluating the adequacy of our allowance for losses on Real\
plain\cf1\f51\fs16\ql Estate financing receivables, including loan-to-value rat
ios, collateral values at the individual loan level, debt service coverage ratio
s, delinquency status,\plain\cf1\f51\fs16\ql and economic factors including int
erest rate and real estate market forecasts. In addition to evaluating these fac
tors, we deem a Real Estate loan to be\plain\cf1\f51\fs16\ql impaired if its pr
ojected loan-to-value ratio at maturity is in excess of 100%, even if the loan i
s currently paying in accordance with its contractual terms.\par\pard\plain\sb19
8\cf1\f51\fs16\ql We provide specific reserves for commercial loans based upon e
xpected cash flows discounted at the loan\u8217?s effective interest rate or the
fair value\plain\cf1\f51\fs16\ql of the collateral, net of expected disposal c
osts, as a practical expedient. This often results in reserves being established
in advance of a modification of\plain\cf1\f51\fs16\ql terms or designation as
a troubled debt restructuring (TDR). After providing for specific incurred losse
s, we then determine an allowance for losses that\plain\cf1\f51\fs16\ql have be
en incurred in the balance of the portfolio but cannot yet be identified to a sp
ecific loan or lease. This estimate is based on the historical and\plain\cf1\f51
\fs16\ql projected default rates and loss severity, and is prepared by each res
pective line of business. For Real Estate, this includes converting economic ind
icators\plain\cf1\f51\fs16\ql into real estate market indicators that are calib
rated by market and asset class and which are used to project expected performan
ce of the portfolio based\plain\cf1\f51\fs16\ql on specific loan portfolio metr
ics.\par\pard\plain\sb198\cf1\f51\fs16\ql The remainder of our commercial loans
and leases are portfolios of smaller balance homogenous commercial and equipment
positions that we evaluate\plain\cf1\f51\fs16\ql collectively by portfolio for
impairment based upon statistical analyses considering historical losses and ag
ing, as well as our view on current market and\plain\cf1\f51\fs16\ql economic c
onditions.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (61)
1\fs16\ql This process is further detailed in Note 1 to our 2009 consolidated fi
nancial statements.\par\pard\plain\sb198\cf1\f51\fs16\ql Effective January\~1, 2
009, loans acquired in a business acquisition are recorded at fair value, which
incorporates our estimate at the acquisition date of the\plain\cf1\f51\fs16\ql
credit losses over the remaining life of the portfolio. As a result, the allowan
ce for loan losses is not carried over at acquisition. This may result in lower\
plain\cf1\f51\fs16\ql reserve coverage ratios prospectively.\par\pard\plain\sb1
98\cf1\f51\fs16\ql For purposes of the discussion that follows, \u8220?delinquen
t\u8221? receivables are those that are 30 days or more past due based on their
contractual\plain\cf1\f51\fs16\ql terms; and \u8220?nonearning\u8221? receivabl
es are those that are 90 days or more past due (or for which collection has othe
rwise become doubtful).\plain\cf1\f51\fs16\ql Nonearning receivables exclude lo
ans purchased at a discount (unless they have deteriorated post acquisition). Un
der ASC 310,\plain\cf1\f51\fs16\i\ql Receivables,\plain\cf1\f51\fs16\ql thes
e loans\plain\cf1\f51\fs16\ql are initially recorded at fair value and accrete
interest income over the estimated life of the loan based on reasonably estimabl
e cash flows even if the\plain\cf1\f51\fs16\ql underlying loans are contractual
ly delinquent at acquisition. In addition, nonearning receivables exclude loans
that are paying currently under a cash\plain\cf1\f51\fs16\ql accounting basis,
but classified as impaired. Recently restructured financing receivables are not
considered delinquent when payments are brought current\plain\cf1\f51\fs16\ql a
ccording to the restructured terms, but may remain classified as nonearning unti
l there has been a period of satisfactory payment performance by the\plain\cf1\f
51\fs16\ql borrower and future payments are reasonably assured of collection.\p
ar\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (62)
\par\pard\plain
b\cellx8412\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh172
ll\pard\plain\intbl\cf1\f51\fs13\b\qc Financing receivables at\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Nonearning recei
vables at\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51
\fs13\b\qc Allowance for losses at\cell{
b\cellx8412\clbrdrb\brdrs\brdrcf1\clvertalb\cellx10798\trrh172\row}}}
b\brdrs\brdrcf1\clvertalb\cellx6438\clvertalb\cellx6536\clbrdrb\brdrs\brdrcf1\cl
0\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9871\clvertalb\cellx9962\clbrdrb\brdrs\br
drcf1\clvertalb\cellx10791\trrh344
fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc January\~1,
n\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc December\~31,
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,
0\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9871\clvertalb\cellx9962\clbrdrb\brdrs\br
drcf1\clvertalb\cellx10791\trrh344\row}}}
}}
trrh206
1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\c
lain\intbl\cf1\f51\fs16\qr 87,496\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\
l\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,179\cell{
trrh206\row}}}
\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 902\c
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 575\cell{
}}
trrh206

f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 244\cell{
trrh206\row}}}
\pard\plain\intbl\cf1\f51\fs16\qr 24\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 24\
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 11\cell{
}}
trrh206
n\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\i
trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-U.S. residential mortgages(c)
fs16\qr 949\cell{
}}
trrh412
g\plain\intbl\cf1\f51\fs16\ql credit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\c
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,181\cell{
trrh412\row}}}
edit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16
1\f51\fs16\qr 1,698\cell{
}}
trrh206
ntbl\cf1\f51\fs16\qr 10,012\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\p
fs16\qr 72\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f5
l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 308\cell{
trrh206\row}}}
f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 300\cell{
}}
trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Real Estate(d)\cell\pard\plain\
\cf1\f51\fs16\qr 1,252\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\
\cell{
trrh206\row}}}
\f51\fs16\qr 77\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\c
bl\cf1\f51\fs16\qr 78\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\i
in\intbl\cf1\f51\fs16\qr 28\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\p
lain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 28\cell{
}}
trrh206
l\cf1\f51\fs16\qr 12,337\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plai
n\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 13,254\cell\par
16\qr 153\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51
cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 104\cell{
trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Other(e)\cell\pard\plain\intbl\
qr 72\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs1
\fs16\qr 34\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f
51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 34\cell{
}}
6\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6434\clvertalb\cellx6532\clbrdrt\brdrs\br
drcf1\clvertalb\cellx6858\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7336\clvertalb\ce
t\brdrs\brdrcf1\clvertalb\cellx9054\clvertalb\cellx9145\clbrdrt\brdrs\brdrcf1\cl
vertalb\cellx9471\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9866\clvertalb\cellx9957\
clbrdrt\brdrs\brdrcf1\clvertalb\cellx10371\clbrdrt\brdrs\brdrcf1\clvertalb\cellx
10785\trrh29
d\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell{
drcf1\clvertalb\cellx6858\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7336\clvertalb\ce
t\brdrs\brdrcf1\clvertalb\cellx9054\clvertalb\cellx9145\clbrdrt\brdrs\brdrcf1\cl
vertalb\cellx9471\clbrdrt\brdrs\brdrcf1\clvertalb\cellx9866\clvertalb\cellx9957\
clbrdrt\brdrs\brdrcf1\clvertalb\cellx10371\clbrdrt\brdrs\brdrcf1\clvertalb\cellx
10785\trrh29\row}}}
trrh206
\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf
1\f51\fs16\qr 342,355\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 386,919\cell\pard\p
plain\intbl\cf1\f51\fs16\qr 345,031\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cel
\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 9,093\cell\pard\plain\intbl
\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,105\cell{
trrh206\row}}}
ellx5956\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx6434\clvertalb\cellx6532\clbrdrt\
brdrdb\brdrcf1\clvertalb\cellx6858\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7336\cl
lx8659\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9054\clvertalb\cellx9145\clbrdrt\br
drdb\brdrcf1\clvertalb\cellx9471\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9866\clve
rtalb\cellx9957\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10371\clbrdrt\brdrdb\brdrc
f1\clvertalb\cellx10785\trrh63
lx8659\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9054\clvertalb\cellx9145\clbrdrt\br
drdb\brdrcf1\clvertalb\cellx9471\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9866\clve
rtalb\cellx9957\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx10371\clbrdrt\brdrdb\brdrc
f1\clvertalb\cellx10785\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plai
n\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
ects the adoption of ASU 2009-16\~& 17 on January\~1, 2010. See Note 16.\cell{
\pard\plain
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql At J
une\~30, 2010, net of credit insurance, approximately 23% of this portfolio comp
rised loans with introductory, below market rates that are\plain\intbl\cf1\f51\f
s16\ql scheduled to adjust at future dates; with high loan-to-value ratios at i
nception; whose terms permitted interest-only payments; or whose terms\plain\int
bl\cf1\f51\fs16\ql resulted in negative amortization. At origination, we underw
rite loans with an adjustable rate to the reset value. 81% of these loans are in
our U.K.\plain\intbl\cf1\f51\fs16\ql and France portfolios, which comprise mai
nly loans with interest-only payments and introductory below market rates, have
a delinquency rate of\plain\intbl\cf1\f51\fs16\ql 17.2% and have loan-to-value
ratio at origination of 75%. At June\~30, 2010, 2% (based on dollar values) of t
hese loans in our U.K. and France\plain\intbl\cf1\f51\fs16\ql portfolios have b
een restructured.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (d)\cell\pard\plain\intbl\cf1\f51\fs16\ql Fina
ncing receivables included $224 million and $317 million of construction loans a
t June\~30, 2010 and December\~31, 2009, respectively.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (e)\cell\pard\plain\intbl\cf1\f51\fs16\ql Cons
isted of loans and financing leases related to certain consolidated, liquidating
securitization entities.\cell{
{\trowd\cellx432\cellx9856\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql Furth
er information on the determination of the allowance for losses on financing rec
eivables is provided in the Critical Accounting Estimates section in\plain\cf1\f
51\fs16\ql Management\u8217?s Discussion and Analysis of Financial Condition an
d Results of Operations and Note 1 in our 2009 consolidated financial statements
.\par\pard\plain\sb198\cf1\f51\fs16\ql On January\~1, 2010, we adopted ASU 200916\~& 17, resulting in the consolidation of $40,188 million of net financing rec
eivables at January\~1, 2010. We\plain\cf1\f51\fs16\ql have provided comparison
s of our financing receivables portfolio at June\~30, 2010 to January\~1, 2010,
as we believe that it provides a more meaningful\plain\cf1\f51\fs16\ql comparis
on of our portfolio quality following the adoption of ASU 2009-16\~& 17.\par\par
d\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (63)
1\fs16\ql The portfolio of financing receivables, before allowance for losses, w
as $342.4 billion at June\~30, 2010, and $386.9 billion at January\~1, 2010. Fin
ancing\plain\cf1\f51\fs16\ql receivables, before allowance for losses, decrease
d $44.5 billion from January\~1, 2010, primarily as a result of core declines of
$18.2 billion mainly from\plain\cf1\f51\fs16\ql collections exceeding originat
ions ($17.3 billion) (which includes sales), the stronger U.S. dollar ($14.6 bil
lion), dispositions ($0.8 billion), partially offset\plain\cf1\f51\fs16\ql by a
cquisitions ($0.3 billion).\par\pard\plain\sb198\cf1\f51\fs16\ql Related nonearn
ing receivables totaled $12.7 billion (3.7% of outstanding receivables) at June\
~30, 2010, compared with $14.4 billion (3.7% of outstanding\plain\cf1\f51\fs16\q
l receivables) at January\~1, 2010. Nonearning receivables decreased from Janua
ry\~1, 2010, primarily due to improvements in our entry rates in our\plain\cf1\f
51\fs16\ql Consumer business and improved performance in commercial lending, of
fset by increased real estate delinquencies driven by continued deterioration in
the\plain\cf1\f51\fs16\ql commercial real estate markets.\par\pard\plain\sb198
\cf1\f51\fs16\ql The allowance for losses at June\~30, 2010 totaled $9.1 billion
compared with $9.8 billion at January\~1, 2010, representing our best estimate
of probable\plain\cf1\f51\fs16\ql losses inherent in the portfolio and reflecti

ng the then current credit and economic environment. Allowance for losses decrea
sed $0.7 billion from\plain\cf1\f51\fs16\ql January\~1, 2010, primarily due to
a reduction in the overall financing receivables balance. Overall coverage has i
ncreased to 2.7% at June\~30, 2010 from\plain\cf1\f51\fs16\ql 2.5% at January\~
1, 2010.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
llx7872\clvertalb\cellx10577\clvertalb\cellx10797\trrh172
ll\pard\plain\intbl\cf1\f51\fs13\b\qc Nonearning receivables as a\cell\pard\plai
ain\intbl\cf1\f51\fs13\b\qc Allowance for losses as\cell\pard\plain\intbl\cf1\f5
f51\fs13\b\qc Allowance for losses as a\cell\pard\plain\intbl\cf1\f51\fs13\ql \~
\cell{
llx7872\clvertalb\cellx10577\clvertalb\cellx10797\trrh172\row}}}
ll\pard\plain\intbl\cf1\f51\fs13\b\qc percent of financing\cell\pard\plain\intbl
bl\cf1\f51\fs13\b\qc a percent of nonearning\cell\pard\plain\intbl\cf1\f51\fs13\
3\b\qc percent of total financing\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
alb\cellx10577\clvertalb\cellx10797\trrh172
ll\pard\plain\intbl\cf1\f51\fs13\b\qc receivables\cell\pard\plain\intbl\cf1\f51\
1\fs13\b\qc receivables\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain
\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc receivables\ce
alb\cellx10577\clvertalb\cellx10797\trrh172\row}}}
llx9382\clvertalb\cellx9602\clvertalb\cellx9735\clvertalb\cellx10564\clvertalb\c
ellx10784\trrh172
ll\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,\cell\pard\plain\intbl\cf1\f51\fs
fs13\b\qc January\~1,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc December\~31,\ce
1\fs13\b\qc January\~1,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain
\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc December\~31,\
~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,\cell\pard\plain\intbl\cf1\f5
f51\fs13\b\qc January\~1,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc December\~31
,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
llx9382\clvertalb\cellx9602\clvertalb\cellx9735\clvertalb\cellx10564\clvertalb\c
clvertalb\cellx7545\clvertalb\cellx7765\clvertalb\cellx7864\clbrdrb\brdrs\brdrcf
1\clvertalb\cellx8377\clvertalb\cellx8597\clvertalb\cellx8730\clbrdrb\brdrs\brdr
cf1\clvertalb\cellx9382\clvertalb\cellx9602\clvertalb\cellx9735\clbrdrb\brdrs\br
drcf1\clvertalb\cellx10564\clvertalb\cellx10784\trrh172
b\qc 2010(a)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\

f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intb
tbl\cf1\f51\fs13\b\qc 2010\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010(a)\cel
ell\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\q
\b\qc 2010\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f5
1\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010(a)\cell\pard\plain\int
ntbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
clvertalb\cellx7545\clvertalb\cellx7765\clvertalb\cellx7864\clbrdrb\brdrs\brdrcf
1\clvertalb\cellx8377\clvertalb\cellx8597\clvertalb\cellx8730\clbrdrb\brdrs\brdr
cf1\clvertalb\cellx9382\clvertalb\cellx9602\clvertalb\cellx9735\clbrdrb\brdrs\br
drcf1\clvertalb\cellx10564\clvertalb\cellx10784\trrh172\row}}}

}}
trrh206
1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3.3\~\cell\pard\plain\int
bl\cf1\f51\fs16\ql %\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\
intbl\cf1\f51\fs16\qr 3.4\~\cell\pard\plain\intbl\cf1\f51\fs16\ql %\~\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3.6\~\cell\
pard\plain\intbl\cf1\f51\fs16\ql %\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\ce
ll\pard\plain\intbl\cf1\f51\fs16\qr 44.3\~\cell\pard\plain\intbl\cf1\f51\fs16\ql
%\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16
\qr 36.2\~\cell\pard\plain\intbl\cf1\f51\fs16\ql %\~\cell\pard\plain\intbl\cf1\f
51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 37.4\~\cell\pard\plain\intbl
\cf1\f51\fs16\ql %\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\in
tbl\cf1\f51\fs16\qr 1.5\~\cell\pard\plain\intbl\cf1\f51\fs16\ql %\~\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.2\~\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql %\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell
\pard\plain\intbl\cf1\f51\fs16\qr 1.3\~\cell\pard\plain\intbl\cf1\f51\fs16\ql %\
~\cell{
trrh206\row}}}
f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.5\cell\pard\plain\intbl\c
\cf1\f51\fs16\qr 3.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\in
tbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3.5\cell\pard\plain
in\intbl\cf1\f51\fs16\qr 42.4\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 39.9\cell\
1.1\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.3\cell\pard\plain\intbl\cf1\f51\fs
fs16\qr 1.4\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
}}
trrh206
1\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3.5\cell\pard\plain\intbl\cf1
f1\f51\fs16\qr 4.2\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intb
l\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4.4\cell\pard\plain\i

\intbl\cf1\f51\fs16\qr 55.5\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\p
lain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 41.9\cell\pa
ell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.8\cell\pard\plain\intbl\cf1\f51\fs16
16\qr 1.8\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
trrh206\row}}}
51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.9\cell\pard\plain\intbl\cf
cf1\f51\fs16\qr 0.8\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\int
bl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.8\cell\pard\plain\
n\intbl\cf1\f51\fs16\qr 33.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 45.8\cell\p
\pard\plain\intbl\cf1\f51\fs16\qr 45.8\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\q
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.4\cell\pard\plain\intbl\cf1\f51\fs1
s16\qr 0.4\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
}}
trrh206
n\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\i
trrh206\row}}}
cf1\f51\fs16\ql mortgages\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr 8.7\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard
\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 7.7\cell\p
\pard\plain\intbl\cf1\f51\fs16\qr 7.7\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 21.0\cell\pard\plain\intbl\cf1\f51\fs
fs16\qr 21.0\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\
f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.9\cell\pard\plain\intbl\c
\cf1\f51\fs16\qr 1.6\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\in
tbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.6\cell\pard\plain
}}
trrh413
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Non-U.S. installment\plain\intbl\
cf1\f51\fs16\ql and revolving credit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\c
ell\pard\plain\intbl\cf1\f51\fs16\qr 1.9\cell\pard\plain\intbl\cf1\f51\fs16\ql \
1.8\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.8\cell\pard\plain\intbl\cf1\f51\f
\fs16\qr 250.0\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf

1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 261.9\cell\pard\plain\int
ntbl\cf1\f51\fs16\qr 261.9\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4.7\cell\pard
rd\plain\intbl\cf1\f51\fs16\qr 4.7\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4.7\c
trrh413\row}}}
cf1\f51\fs16\ql revolving credit\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\
pard\plain\intbl\cf1\f51\fs16\qr 2.9\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
ll\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3.5
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3.6\cell\pard\plain\intbl\cf1\f51\fs16\
6\qr 224.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f5
1\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 202.1\cell\pard\plain\intbl\c
\cf1\f51\fs16\qr 201.9\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6.4\cell\pard\pla
lain\intbl\cf1\f51\fs16\qr 7.0\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 7.3\cell\
}}
trrh206
n\intbl\cf1\f51\fs16\qr 0.5\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\p
lain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.5\cell\par
ard\plain\intbl\cf1\f51\fs16\qr 433.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 427.8\cell\pard\plain\intbl\cf1\f51\
1\fs16\qr 2.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1
\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.3\cell\pard\plain\intbl\
l\cf1\f51\fs16\qr 2.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
trrh206\row}}}

n\intbl\cf1\f51\fs16\qr 54.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 48.0\cell\p
\pard\plain\intbl\cf1\f51\fs16\qr 48.0\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
l \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.6\cell\pard\plain\intbl\cf1\f51\fs1
s16\qr 2.6\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
}}
trrh206
n\intbl\cf1\f51\fs16\qr 2.8\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\p
lain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.8\cell\par
ard\plain\intbl\cf1\f51\fs16\qr 111.1\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 119.3\cell\pard\plain\intbl\cf1\f51\
1\fs16\qr 4.1\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1
l\cf1\f51\fs16\qr 3.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Energy Financial\plain\intbl\cf
1\f51\fs16\b\ql Services\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pla
in\intbl\cf1\f51\fs16\qr 1.0\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\
plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.0\cell\pa
pard\plain\intbl\cf1\f51\fs16\qr 1.0\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\ce
ll\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 68.
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 35.9\cell\pard\plain\intbl\cf1\f51\fs1
s16\qr 35.9\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f
}}
trrh206
cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.6\cell\pard\plain\int
ntbl\cf1\f51\fs16\qr 1.2\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plai
n\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.2\cell\pard\p
\plain\intbl\cf1\f51\fs16\qr 64.9\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\
pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 68.0\c
\cell\pard\plain\intbl\cf1\f51\fs16\qr 68.0\cell\pard\plain\intbl\cf1\f51\fs16\q
\qr 0.4\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\f
s13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 0.8\cell\pard\plain\intbl\cf1\f5
f51\fs16\qr 0.8\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
trrh206\row}}}
l\cf1\f51\fs16\qr 2.8\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.8\cell\pard\plai
d\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 47.2\cell
ll\pard\plain\intbl\cf1\f51\fs16\qr 47.2\cell\pard\plain\intbl\cf1\f51\fs16\ql \
\fs16\qr 1.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
}}
trrh206
l\cf1\f51\fs16\qr 3.7\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\i
ntbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3.8\cell\pard\plai
d\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 68.0\cell
ll\pard\plain\intbl\cf1\f51\fs16\qr 61.1\cell\pard\plain\intbl\cf1\f51\fs16\ql \
\fs16\qr 2.3\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
trrh206\row}}}\pard\plain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\
f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
ects the adoption of ASU 2009-16\~& 17 on January\~1, 2010. See Note 16.\cell{
\pard\plain
1\fs16\ql \u8220?Impaired\u8221? loans in the table below are defined as larger
balance or restructured loans for which it is probable that the lender will be u
nable\plain\cf1\f51\fs16\ql to collect all amounts due according to original co
ntractual terms of the loan agreement. The vast majority of our consumer and a p
ortion of our CLL\plain\cf1\f51\fs16\ql nonearning receivables are excluded fro
m this definition, as they represent smaller balance homogenous loans that we ev
aluate collectively by portfolio for\plain\cf1\f51\fs16\ql impairment.\par\pard
\plain\sb198\cf1\f51\fs16\ql Impaired loans include nonearning receivables on la
rger balance or restructured loans, loans that are currently paying interest und
er the cash basis (but are\plain\cf1\f51\fs16\ql excluded from the nonearning c
ategory), and loans paying currently but which have been previously restructured
.\par\pard\plain\sb198\cf1\f51\fs16\ql Specific reserves are recorded for indivi
dually impaired loans to the extent we have determined that it is probable that
we will be unable to collect all\plain\cf1\f51\fs16\ql amounts due according to
original contractual terms of the loan agreement. Certain loans classified as i
mpaired may not require a reserve because we\plain\cf1\f51\fs16\ql believe that
we will ultimately collect the unpaid balance (through collection or collateral
repossession).\par\pard\plain\sb198\cf1\f51\fs16\ql Further information pertain
ing to loans classified as impaired and specific reserves is included in the tab
le below.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
ntbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc January\~1,
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Loans requiring allowance for los
ses\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
l\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 9,145\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Loans expected to be fully recove
rable\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
ntbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,741\cell{
rcf1\clvertalb\cellx9067\trrh29
{
rcf1\clvertalb\cellx9067\trrh29\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Total impaired loans\cell\pard\pl
ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,886\cell{
db\brdrcf1\clvertalb\cellx9067\trrh63
{
db\brdrcf1\clvertalb\cellx9067\trrh63\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Allowance for losses (specific re
serves)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
ntbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,331\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Average investment during the per
iod\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1
f1\f51\fs16\qc (c)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intb
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Interest income earned while impa
ired(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51
cf1\f51\fs16\qc (c)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\int
bl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 227\cell{
\fs9\ql \~
\par\pard\plain
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Reco
gnized principally on cash basis.\cell{
\pard\plain
applicable.\cell{
{\trowd\cellx432\cellx6569\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql Impai
red loans increased by $2.0 billion from January\~1, 2010, to June\~30, 2010, pr
imarily relating to increases at Real Estate. Impaired loans consolidated\plain\
cf1\f51\fs16\ql as a result of our adoption of ASU 2009-16\~& 17 primarily rela
ted to our Consumer business. We regularly review our Real Estate loans for impa
irment\plain\cf1\f51\fs16\ql using both quantitative and qualitative factors, s
uch as debt service coverage and loan-to-value ratios. We classify Real Estate l
oans as impaired when the\plain\cf1\f51\fs16\ql 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\plain\cf1\f51\fs16\ql contractual terms.
The increase in impaired loans and related specific reserves at Real Estate ref
lects our current estimate of collateral values of the\plain\cf1\f51\fs16\ql un
derlying properties, and our estimate of loans which are not past due, but for w
hich it is probable that we will be unable to collect the full principal\plain\c
f1\f51\fs16\ql balance at maturity due to a decline in the underlying value of
the collateral. Of our $8.3 billion impaired loans at Real Estate at June\~30, 2
010, $5.9\plain\cf1\f51\fs16\ql billion are currently paying in accordance with
the contractual terms of the loan. Impaired loans at CLL primarily represent se
nior secured lending\plain\cf1\f51\fs16\ql positions.\par\pard\plain\sb198\cf1\
f51\fs16\ql We review collateral values for collateral dependent impaired loans
in CLL quarterly. These collateral values are primarily derived internally and a
re\plain\cf1\f51\fs16\ql based on observed sales transactions for similar asset
s (e.g., corporate aircraft and equipment). In other instances, for example, col
lateral types for which\plain\cf1\f51\fs16\ql we do not have comparable observe
d sales transaction data (e.g., franchise-related assets), collateral values are
developed internally and corroborated by\plain\cf1\f51\fs16\ql external apprai
sal information. Adjustments to third party valuations may be performed in circu
mstances where market comparables are not specific to the\plain\cf1\f51\fs16\ql
attributes of the specific collateral or appraisal information may not be refle
ctive of current market conditions due to the passage of time and the\plain\cf1\
f51\fs16\ql occurrence of market events since receipt of the information.\par\p
ard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (65)
1\fs16\ql Collateral values for our Real Estate loans are determined based upon
internal cash flow estimates discounted at an appropriate interest rate and\plai
n\cf1\f51\fs16\ql corroborated by external appraisals, as appropriate. These ca
sh flow estimates are based on current market estimates that reflect current and
projected lease\plain\cf1\f51\fs16\ql profiles and available industry informat
ion about capitalization rates and expected trends in rental and occupancy. Coll
ateral valuations are updated at least\plain\cf1\f51\fs16\ql semi-annually, or
more frequently for higher risk loans.\par\pard\plain\sb198\cf1\f51\fs16\ql Our
loss mitigation strategy intends to minimize economic loss and, at times, can re
sult in rate reductions, principal forgiveness, extensions, forbearance or\plain
\cf1\f51\fs16\ql other actions, which may cause the related loan to be classifi
ed as a TDR. Such loans are classified as impaired, and specific reserves are de
termined\plain\cf1\f51\fs16\ql based upon the present value of expected future
cash flows discounted at the loan\u8217?s original effective interest rate, or c
ollateral value as a practical\plain\cf1\f51\fs16\ql expedient in accordance wi
th the requirements of ASC 310-10-35. As of June\~30, 2010, TDRs included in imp
aired loans were $5.9 billion, primarily\plain\cf1\f51\fs16\ql relating to Real
Estate ($2.1 billion), Consumer ($1.9 billion) and CLL ($1.8 billion). TDRs con
solidated as a result of our adoption of ASU 2009-16\~&\plain\cf1\f51\fs16\ql 1
7 primarily related to our Consumer business ($0.4 billion).\par\pard\plain\sb19
8\cf1\f51\fs16\ql We utilize certain short-term loan modification programs for b
orrowers experiencing temporary financial difficulties in our consumer loan port
folio. These\plain\cf1\f51\fs16\ql loan modification programs are primarily con
centrated in our U.S. credit card and non-U.S. residential mortgage portfolios.
We sold our U.S. residential\plain\cf1\f51\fs16\ql mortgage business in 2007 an
d as such, do not participate in the U.S. government sponsored mortgage modifica
tion programs. During the six months\plain\cf1\f51\fs16\ql ended June\~30, 2010
, we provided short-term modifications of approximately $1.3 billion of consumer
loans for borrowers experiencing financial\plain\cf1\f51\fs16\ql difficulties.
This included approximately $0.8 billion of credit card loans in the United Sta
tes (U.S.) and approximately $0.5 billion of other consumer\plain\cf1\f51\fs16\q
l loans primarily non-U.S. residential mortgages, credit cards and personal loa
ns, which were not classified as TDRs. For these modified loans, we provided\pla
in\cf1\f51\fs16\ql short-term (12 months or less) interest rate reductions and
payment deferrals, which were not part of the terms of the original contract. Du
ring the six\plain\cf1\f51\fs16\ql months ended June\~30, 2010, approximately $
0.1 billion of these modified loans redefaulted.\par\pard\plain\sb198\cf1\f51\fs
16\ql Our allowance for losses on financing receivables on these modified loans
is determined based upon a formulaic approach that estimates the probable\plain\
cf1\f51\fs16\ql losses inherent in the portfolio based upon statistical analyse
s of the portfolio. Once the loan has been modified, it returns to current statu
s (re-aged) only\plain\cf1\f51\fs16\ql after receipt of at least three consecut
ive minimum monthly payments or the equivalent cumulative amount, subject to a r
e-aging limitation of once a\plain\cf1\f51\fs16\ql year, or twice in a five-yea
r period.\par\pard\plain\sb198\cf1\f51\fs16\ql For commercial loans, we evaluate
changes in terms and conditions to determine whether those changes meet the cri
teria for classification as a TDR on a\plain\cf1\f51\fs16\ql loan-by-loan basis
.\par\pard\plain\sb198\cf1\f51\fs16\ql In CLL, these changes primarily take the
following forms: changes to covenants, short-term payment deferrals and maturity
extensions. For these changes,\plain\cf1\f51\fs16\ql we receive economic consi
deration, including additional fees and/or increased interest rates, and evaluat
e them under our normal underwriting standards\plain\cf1\f51\fs16\ql and criter
ia. Changes to Real Estate\u8217?s loans primarily include maturity extensions,
principal payment acceleration, changes to collateral terms, and\plain\cf1\f51\f
s16\ql cash sweeps, which are in addition to, or sometimes in lieu of, fees and
rate increases.\par\pard\plain\sb198\cf1\f51\fs16\ql The determination of wheth
er these changes to the terms and conditions of our commercial loans meet the TD
R criteria includes our consideration of all\plain\cf1\f51\fs16\ql of the relev
ant facts and circumstances. When the borrower is experiencing financial difficu
lty, we carefully evaluate these changes to determine whether\plain\cf1\f51\fs16
\ql they meet the form of a concession. In these circumstances, if the change i
s deemed to be a concession, we classify the loan as a TDR.\par\pard\plain\sb198
\cf1\f51\fs16\ql The below includes a discussion of financing receivables, allow
ance for losses, nonearning receivables and related metrics for each of our sign
ificant\plain\cf1\f51\fs16\ql portfolios.\par\pard\plain\cf1\f51\fs13\ql \~\par
\pard\plain\cf1\f51\fs16\qc (66)
1\fs16\b\ql CLL \u8211? Americas\plain\cf1\f51\fs16\ql . Nonearning receivables
of $3.1 billion represented 24.3% of total nonearning receivables at June\~30, 2
010. The ratio of\plain\cf1\f51\fs16\ql allowance for losses as a percent of no
nearning receivables increased from 36.2% at January\~1, 2010, to 44.3% at June\
~30, 2010, reflecting further loss\plain\cf1\f51\fs16\ql severity in our equipm
ent and franchise restaurant, limited-service hotel, and to a lesser extent, tra
nsportation portfolios, combined with an overall\plain\cf1\f51\fs16\ql decrease
in nonearning receivables. The ratio of nonearning receivables as a percent of
financing receivables decreased from 3.4% at January\~1, 2010, to\plain\cf1\f51\
fs16\ql 3.3% at June\~30, 2010, primarily from reduced nonearning exposures in
our corporate lending, inventory financing and industrial materials portfolios\p
lain\cf1\f51\fs16\ql primarily due to collections and write-offs, partially off
set by an increase in nonearning receivables, mainly in our healthcare portfolio
. Collateral\plain\cf1\f51\fs16\ql supporting these non-earning financing recei
vables primarily includes corporate aircraft and assets in the restaurant and ho
spitality, trucking, and forestry\plain\cf1\f51\fs16\ql industries, and for our
leveraged finance business, equity of the underlying businesses. The underlying
collateral values remained adequate to cover the\plain\cf1\f51\fs16\ql unpaid
balance after recognition of specific reserves, if required.\par\pard\plain\sb19
8\cf1\f51\fs16\b\ql CLL \u8211? Europe.\plain\cf1\f51\fs16\ql Nonearning receiv
ables of $0.9 billion represented 7.1% of total nonearning receivables at June\~
30, 2010. The ratio of allowance\plain\cf1\f51\fs16\ql for losses as a percent
of nonearning receivables increased from 39.9% at January\~1, 2010, to 42.4% at
June\~30, 2010, primarily from a decrease in\plain\cf1\f51\fs16\ql nonearning r
eceivables in our senior secured lending and equipment portfolios (including loa
ns acquired in a business acquisition) due to write-offs and\plain\cf1\f51\fs16\
ql collections, partially offset by new exposures. The ratio of nonearning rece
ivables as a percent of financing receivables decreased from 3.3% at January\~1,
\plain\cf1\f51\fs16\ql 2010, to 2.5% at June\~30, 2010, primarily from the decr
ease in nonearning receivables in our senior secured lending and equipment portf
olios. Collateral\plain\cf1\f51\fs16\ql supporting these secured nonearning fin
ancing receivables are primarily equity of the underlying businesses for our sen
ior secured lending business, and\plain\cf1\f51\fs16\ql equipment. The underlyi
ng collateral values related to these nonearning financing receivables remained
adequate to cover the unpaid balance after\plain\cf1\f51\fs16\ql recognition of
specific reserves, if required.\par\pard\plain\sb198\cf1\f51\fs16\b\ql CLL \u82
11? Asia\plain\cf1\f51\fs16\ql . Nonearning receivables of $0.4 billion represen
ted 3.3% of total nonearning receivables at June\~30, 2010. The ratio of allowan
ce for\plain\cf1\f51\fs16\ql losses as a percent of nonearning receivables incr
eased from 41.9% at January\~1, 2010, to 55.5% at June\~30, 2010, primarily due
to a larger percentage\plain\cf1\f51\fs16\ql decrease in nonearning receivables
primarily in our asset-based financing businesses in Japan. The ratio of nonear
ning receivables as a percent of\plain\cf1\f51\fs16\ql financing receivables de
creased from 4.2% at January\~1, 2010, to 3.5% at June\~30, 2010, primarily due
to the decline in nonearning receivables related to\plain\cf1\f51\fs16\ql our a
sset-based financing businesses in Japan, partially offset by a lower financing

receivable balance. Collateral supporting these nonearning financing\plain\cf1\f
51\fs16\ql receivables is primarily manufacturing equipment, corporate aircraft
, and assets in the hospitality and auto industries. The underlying collateral v
alues\plain\cf1\f51\fs16\ql related to these nonearning financing remained adeq
uate to cover the unpaid balance after recognition of specific reserves, if requ
ired.\par\pard\plain\sb198\cf1\f51\fs16\b\ql Consumer \u8211? Non-U.S. residenti
al mortgages\plain\cf1\f51\fs16\ql . Nonearning receivables of $4.2 billion repr
esented 33.1% of total nonearning receivables at\plain\cf1\f51\fs16\ql June\~30
, 2010. The ratio of allowance for losses as a percent of nonearning receivables
increased slightly from 21.0% at January\~1, 2010, to 21.3% at\plain\cf1\f51\fs
16\ql June\~30, 2010. In 2010, our nonearning receivables decreased primarily d
ue to signs of stabilization in the U.K. housing market. Our non-U.S. mortgage\p
lain\cf1\f51\fs16\ql portfolio has a loan-to-value ratio of approximately 75% a
t origination and the vast majority are first lien positions. Our U.K. and Franc
e portfolios,\plain\cf1\f51\fs16\ql which comprise a majority of our total mort
gage portfolio, have reindexed loan-to-value ratios of 82% and 67%, respectively
. About 4% of these loans\plain\cf1\f51\fs16\ql are without mortgage insurance
and have a reindexed loan-to-value ratio equal to or greater than 100%. Loan-tovalue information is updated on a\plain\cf1\f51\fs16\ql quarterly basis for a m
ajority of our loans and considers economic factors such as the housing price in
dex. At June\~30, 2010, we had in repossession stock\plain\cf1\f51\fs16\ql appr
oximately 1,000 houses in the U.K., which had a value of approximately $0.1 bill
ion.\par\pard\plain\sb198\cf1\f51\fs16\b\ql Consumer \u8211? Non-U.S. installmen
t and revolving credit.\plain\cf1\f51\fs16\ql Nonearning receivables of $0.4 bi
llion represented 3.2% of total nonearning receivables\plain\cf1\f51\fs16\ql at
June\~30, 2010. The ratio of allowance for losses as a percent of nonearning re
ceivables decreased from 261.9% at January\~1, 2010, to 250.0% at\plain\cf1\f51\
fs16\ql June\~30, 2010, reflecting the effects of loan repayments and reduced o
riginations.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (6
7)
1\fs16\b\ql Consumer \u8211? U.S. installment and revolving credit\plain\cf1\f51
\fs16\ql . Nonearning receivables of $1.2 billion represented 9.7% of total none
arning receivables at\plain\cf1\f51\fs16\ql June\~30, 2010. The ratio of allowa
nce for losses as a percent of nonearning receivables increased from 202.1% at J
anuary\~1, 2010, to 224.3% at June\~30,\plain\cf1\f51\fs16\ql 2010, as a result
of lower entry rates, improved collections, and higher write-offs, resulting in
reductions in our delinquency and nonearning balances.\par\pard\plain\sb198\cf1
\f51\fs16\b\ql Real Estate\plain\cf1\f51\fs16\ql . Nonearning receivables of $1.
6 billion represented 12.8% of total nonearning receivables at June\~30, 2010. T
he $0.3 billion increase in\plain\cf1\f51\fs16\ql nonearning receivables from J
anuary\~1, 2010, was driven primarily by increased delinquencies in the U.S. apa
rtment and hotel loan portfolios, which have\plain\cf1\f51\fs16\ql been adverse
ly affected by rent and occupancy declines. The ratio of allowance for losses as
a percent of total financing receivables increased from 3.2%\plain\cf1\f51\fs16
\ql at January\~1, 2010, to 4.1% at June\~30, 2010, driven primarily by continu
ed rental rate deterioration in the U.S. markets, which resulted in an increase
in\plain\cf1\f51\fs16\ql specific credit loss provisions. The ratio of allowanc
e for losses as a percent of nonearning receivables decreased from 113.1% to 111
.1% reflecting a\plain\cf1\f51\fs16\ql higher portion of the allowance being at
tributable to specific reserves and our estimate of underlying collateral values
. Since our approach identifies loans\plain\cf1\f51\fs16\ql as impaired even wh
en the loan is currently paying in accordance with contractual terms, increases
in nonearning receivables do not necessarily require\plain\cf1\f51\fs16\ql prop
ortionate increases in reserves upon migration to nonearning status as specific
reserves have often been established on the loans prior to their\plain\cf1\f51\f
s16\ql migration to nonearning status.\par\pard\plain\sb198\cf1\f51\fs16\ql In
2010, commercial real estate markets have continued to be under pressure, with l
imited market liquidity and challenging economic conditions. We have\plain\cf1\f
51\fs16\ql and continue to maintain an intense focus on operations and risk man
agement; however, we continue to expect higher losses for Real Estate as compare
d\plain\cf1\f51\fs16\ql with 2009. Loan loss reserves related to our Real Estat
e financing receivables are particularly sensitive to declines in underlying pro
perty values.\plain\cf1\f51\fs16\ql Assuming global property values decline an
incremental 1% or 5%, we estimate incremental loan loss reserves would be requir
ed of approximately $0.1\plain\cf1\f51\fs16\ql billion and $0.4 billion, respec
tively. Estimating the impact of global property values on loss performance acro
ss our portfolio depends on a number of\plain\cf1\f51\fs16\ql factors, includin
g macroeconomic conditions, property level operating performance, local market d
ynamics and individual borrower behavior. As a result,\plain\cf1\f51\fs16\ql an
y sensitivity analyses or attempts to forecast potential losses carry a high deg
ree of imprecision and are subject to change. At June 30, 2010, real estate\plai
n\cf1\f51\fs16\ql held for investment included $0.7 billion representing 118 fo
reclosed commercial real estate properties.\par\pard\plain\sb286\cf1\f51\fs16\b\
ql Delinquencies\par\pard\plain\sb88\cf1\f51\fs16\ql Additional information on d
elinquency rates at each of our major portfolios follows:\par\pard\plain\cf1\f51
\fs18\ql \~
\par\pard\plain
cell\pard\plain\intbl\cf1\f51\fs13\b\qc Delinquency rates at(a)\cell\pard\plain\
cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010(b)\cell\pard\plai

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Equipment Financing\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.50\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql %\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell
\pard\plain\intbl\cf1\f51\fs16\qr 2.81\cell\pard\plain\intbl\cf1\f51\fs16\ql %\~
2.78\cell\pard\plain\intbl\cf1\f51\fs16\ql %\~\cell{
\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5.40\cell\pard\plain
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Consumer\cell\pard\plain\intbl\cf
1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8.66\cell\pard\plain\in
intbl\cf1\f51\fs16\qr 8.85\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8.77\cell\par
1\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6.30\cell\pard\plain\intbl\

l\cf1\f51\fs16\qr 7.66\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\
intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6.99\cell\pard\pl
00\clcfpat12\clcbpat12\cellx9067\trrh206\row}}}\pard\plain\cf1\f51\fs9\ql \~\par
\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
udes loans purchased at a discount (unless they have deteriorated post acquisiti
on).\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Subj
ect to update.\cell{
{\trowd\cellx432\cellx6559\trrh206\row}}}\pard\plain\cf1\f51\fs13\ql \~\par\pard
\plain\cf1\f51\fs16\qc (68)
1\fs16\ql Delinquency rates on equipment financing loans and leases decreased fr
om December\~31, 2009 and June\~30, 2009, to June\~30, 2010, as a result of\plai
n\cf1\f51\fs16\ql improvements in the global economic and credit environment. T
he challenging credit environment may continue to lead to a higher level of comm
ercial\plain\cf1\f51\fs16\ql delinquencies and provisions for financing receiva
bles and could adversely affect results of operations at CLL.\par\pard\plain\sb1
98\cf1\f51\fs16\ql Delinquency rates on Real Estate loans and leases increased f
rom December\~31, 2009 and June\~30, 2009, to June\~30, 2010, primarily because
of continued\plain\cf1\f51\fs16\ql challenging real estate market fundamentals,
including reduced occupancy rates and rents and the effects of limited real est
ate market liquidity. The overall\plain\cf1\f51\fs16\ql challenging economic en
vironment may continue to lead to a higher level of delinquencies and provisions
for financing receivables and could adversely\plain\cf1\f51\fs16\ql affect res
ults of operations at Real Estate.\par\pard\plain\sb198\cf1\f51\fs16\ql Delinque
ncy rates on consumer financing receivables increased from June\~30, 2009 to Dec
ember\~31, 2009, primarily because of rising unemployment, a\plain\cf1\f51\fs16\
ql challenging economic environment and lower volume. In response, we continued
to tighten underwriting standards globally, increased focus on collection\plain

\cf1\f51\fs16\ql effectiveness and continued the process of regularly reviewing
and adjusting reserve levels. Delinquency rates on consumer financing receivabl
es decreased\plain\cf1\f51\fs16\ql from December\~31, 2009 to June\~30, 2010, p
rimarily due to signs of stabilization in the U.S. portfolio. We expect the glob
al environment, along with U.S.\plain\cf1\f51\fs16\ql unemployment levels, to f
urther show signs of stabilization in 2010; however, a continued challenging eco
nomic environment may continue to result in\plain\cf1\f51\fs16\ql higher provis
ions for loan losses and could adversely affect results of operations at Consume
r. At June\~30, 2010, roughly 39% of our U.S. managed\plain\cf1\f51\fs16\ql por
tfolio (excluding delinquent or impaired), which consisted of credit cards, inst
allment and revolving loans, was receivable from subprime borrowers.\plain\cf1\f
51\fs16\ql We had no U.S. subprime residential mortgage loans at June\~30, 2010
. See Note 5 to the condensed, consolidated financial statements.\par\pard\plain
\sb198\cf1\f51\fs16\b\ql All other assets\plain\cf1\f51\fs16\ql comprise mainly
real estate equity investments, equity and cost method investments, derivative
instruments and assets held for sale, and\plain\cf1\f51\fs16\ql totaled $82.4 b
illion at June\~30, 2010, a decrease of $5.0 billion, primarily related to decli
nes in our real estate equity investments due to the strengthening\plain\cf1\f51
\fs16\ql of the U.S. dollar, impairments and depreciation. During the first six
months of 2010, we recognized other-than-temporary impairments of cost and equi
ty\plain\cf1\f51\fs16\ql method investments of $0.1 billion.\par\pard\plain\sb1
98\cf1\f51\fs16\ql Included in other assets are Real Estate equity investments o
f $28.3 billion and $32.2 billion at June\~30, 2010 and December\~31, 2009, resp
ectively. Our\plain\cf1\f51\fs16\ql portfolio is diversified, both geographical
ly and by asset type. We review the estimated values of our commercial real esta
te investments semi-annually.\plain\cf1\f51\fs16\ql As of our most recent estim
ate performed in the second quarter of 2010, the carrying value of our Real Esta
te investments exceeded their estimated value\plain\cf1\f51\fs16\ql by approxim
ately $6.3 billion. The estimated value of the portfolio continues to reflect de
teriorating real estate values and market fundamentals, including\plain\cf1\f51\
fs16\ql reduced market occupancy rates and market rents as well as the effects
of limited real estate market liquidity. Given the current and expected challeng
ing\plain\cf1\f51\fs16\ql market conditions, there continues to be risk and unc
ertainty surrounding commercial real estate values and our unrealized loss on re
al estate equity\plain\cf1\f51\fs16\ql properties may continue to increase. Dec
lines in estimated value of real estate below carrying amount result in impairme
nt losses when the aggregate\plain\cf1\f51\fs16\ql undiscounted cash flow estim
ates used in the estimated value measurement are below the carrying amount. As s
uch, estimated losses in the portfolio will\plain\cf1\f51\fs16\ql not necessari
ly result in recognized impairment losses. When we recognize an impairment, the
impairment is measured based upon the fair value of the\plain\cf1\f51\fs16\ql u
nderlying asset which is based upon current market data, including capitalizatio
n rates. During the first six months of 2010, Real Estate recognized\plain\cf1\f
51\fs16\ql pre-tax impairments of $1.0 billion in its real estate investments,
compared with $0.2 billion for the comparable period in 2009. Based on our histo
rical\plain\cf1\f51\fs16\ql experience, Real Estate investments with undiscount
ed cash flows in excess of carrying value of 0 to 5% are at most risk of impairm
ent. Real Estate\plain\cf1\f51\fs16\ql investments in this category at June\~30
, 2010 had a carrying value of $2.2 billion and an associated unrealized loss of
approximately $0.7 billion.\plain\cf1\f51\fs16\ql Continued deterioration in e
conomic and market conditions may result in further impairments being recognized
.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (69)
1\fs16\b\ql D. Liquidity and Borrowings\par\pard\plain\sb88\cf1\f51\fs16\ql We m
anage our liquidity to help ensure access to sufficient funding at acceptable co
sts to meet our business needs and financial obligations throughout\plain\cf1\f5
1\fs16\ql business cycles. Our obligations include principal payments on outsta
nding borrowings, interest on borrowings, purchase obligations for inventory and

\plain\cf1\f51\fs16\ql equipment and general obligations such as collateral dep
osits held or collateral required to be posted to counterparties, payroll and ge
neral expenses. We\plain\cf1\f51\fs16\ql rely on cash generated through our ope
rating activities as well as unsecured and secured funding sources, including co
mmercial paper, term debt, bank\plain\cf1\f51\fs16\ql borrowings, securitizatio
n and other retail funding products.\par\pard\plain\sb198\cf1\f51\fs16\ql Source
s for payment of our obligations are determined through our annual financial and
strategic planning processes. Our 2010 funding plan anticipates\plain\cf1\f51\f
s16\ql repayment of principal on outstanding short-term borrowings ($133.1 bill
ion at December\~31, 2009) through commercial paper issuances; cash on hand;\pla
in\cf1\f51\fs16\ql long-term debt issuances; collections of financing receivabl
es exceeding originations; and deposit funding and alternative sources of fundin
g. In addition\plain\cf1\f51\fs16\ql to GECS, GE has historically maintained a
commercial paper program that we regularly access to fund operations, principall
y within fiscal quarters.\par\pard\plain\sb198\cf1\f51\fs16\ql Interest on borro
wings is primarily funded through interest earned on existing financing receivab
les. During the first six months of 2010, GECS earned\plain\cf1\f51\fs16\ql int
erest income on financing receivables of $12.8 billion, which more than offset i
nterest expense of $7.8 billion. Purchase obligations and other general\plain\cf
1\f51\fs16\ql obligations are funded through customer sales revenues (industria
l) or collection of principal on our existing portfolio of loans and leases (fin
ancial\plain\cf1\f51\fs16\ql services), cash on hand and operating cash flow.\p
ar\pard\plain\sb198\cf1\f51\fs16\ql We maintain a strong focus on our liquidity.
Actions taken to strengthen and maintain our liquidity are described in the fol
lowing section, as well as in\plain\cf1\f51\fs16\ql the Liquidity and Borrowing
s section in the Management\u8217?s Discussion and Analysis of Financial Conditi
on and Results of Operations of our 2009\plain\cf1\f51\fs16\ql consolidated fin
ancial statements.\par\pard\plain\sb286\cf1\f51\fs16\b\ql Cash and Equivalents\p
ar\pard\plain\sb88\cf1\f51\fs16\ql We have cash and equivalents of $73.8 billion
at June\~30, 2010, which is available to meet our needs. A substantial portion
of this is freely available.\plain\cf1\f51\fs16\ql About $9 billion is in regul
ated entities and is subject to regulatory restrictions. About $12 billion is he
ld outside the U.S. and is available to fund\plain\cf1\f51\fs16\ql operations a
nd other growth of non-U.S. subsidiaries; it is also available to fund our needs
in the U.S. on a short-term basis (without being subject to\plain\cf1\f51\fs16\
ql U.S. tax). We anticipate that we will continue to generate cash from operati
ng activities in the future, which will be available to help meet our liquidity\
plain\cf1\f51\fs16\ql needs. We also generate substantial cash from the princip
al collections of loans and rentals from leased assets.\par\pard\plain\cf1\f51\f
s13\ql \~\par\pard\plain\cf1\f51\fs16\qc (70)
1\fs16\ql We have committed, unused credit lines totaling $51.7 billion that had
been extended to us by 59 financial institutions at June\~30, 2010. These lines
\plain\cf1\f51\fs16\ql include $35.6 billion of revolving credit agreements und
er which we can borrow funds for periods exceeding one year. Additionally, $15.6
billion are\plain\cf1\f51\fs16\ql 364-day lines that contain a term-out featur
e that allows us to extend borrowings for one year from the date of expiration o
f the lending agreement.\par\pard\plain\sb198\cf1\f51\fs16\ql At June\~30, 2010,
our aggregate cash and equivalents and committed credit lines were more than tw
ice our GECS commercial paper borrowings balance.\par\pard\plain\sb286\cf1\f51\f
s16\b\ql Funding Plan\par\pard\plain\sb88\cf1\f51\fs16\ql Our strategy has been
to reduce our ending net investment in GE Capital. In the first six months of 20
10, we reduced our GE Capital ending net\plain\cf1\f51\fs16\ql investment, excl
uding cash and equivalents, to $487.0 billion through continued reductions, prim
arily collections exceeding originations by approximately\plain\cf1\f51\fs16\ql
$17.3 billion.\par\pard\plain\sb198\cf1\f51\fs16\ql Our 2010 funding plan antic
ipates $38 billion of senior, unsecured debt issuance which we fully pre-funded
during 2009. In the first six months of 2010,\plain\cf1\f51\fs16\ql we complete

d issuances of $9.3 billion of senior, unsecured debt with maturities up to 13 y
ears toward our 2011 long-term debt funding plan. Average\plain\cf1\f51\fs16\ql
commercial paper borrowings for GECS and GE in the second quarter of 2010 were
$44.1 billion and $10.3 billion, respectively. Commercial paper\plain\cf1\f51\fs
16\ql maturities at GECS are funded principally through new issuances and at GE
are repaid by quarter-end using available cash.\par\pard\plain\sb198\cf1\f51\fs
16\ql Under the Federal Deposit Insurance Corporation\u8217?s (FDIC) Temporary L
iquidity Guarantee Program (TLGP), the FDIC guaranteed certain senior,\plain\cf1
\f51\fs16\ql unsecured debt issued on or before October\~31, 2009. Our TLGP-gua
ranteed debt has remaining maturities in 2010 of $5 billion, $18 billion in 2011
and\plain\cf1\f51\fs16\ql $35 billion in 2012. We anticipate funding of these
and our other long-term debt maturities through a combination of new debt issuan
ces, collections\plain\cf1\f51\fs16\ql exceeding originations, alternative fund
ing sources and use of existing cash.\par\pard\plain\sb198\cf1\f51\fs16\ql Total
alternative funding for the period ending June\~30, 2010 is $60 billion, compri
sed mainly of $37 billion bank deposits, $10 billion secured funding\plain\cf1\f
51\fs16\ql and $8 billion GE Interest Plus notes. The comparable amount for Dec
ember\~31, 2009 is $63 billion. We have deposit-taking capability at 19 banks\pl
ain\cf1\f51\fs16\ql outside of the U.S. and two banks in the U.S. \u8211? GE Mo
ney Bank, a Federal Savings Bank (FSB), and GE Capital Financial Inc., an indust
rial bank\plain\cf1\f51\fs16\ql (IB). The FSB and IB currently issue certificat
es of deposit (CDs) distributed by brokers in maturity terms from three months t
o ten years.\par\pard\plain\sb198\cf1\f51\fs16\ql In addition, we securitize a n
umber of types of financial assets in the ordinary course of business. These sec
uritization transactions serve as alternative\plain\cf1\f51\fs16\ql funding sou
rces for a variety of assets that we originate, including credit card receivable
s, floorplan receivables, equipment loans and leases, trade\plain\cf1\f51\fs16\q
l receivables and other asset types. In the first six months of 2010, we comple
ted issuances of $1.7 billion. Total non-recourse borrowings of CSEs at\plain\cf
1\f51\fs16\ql June\~30, 2010 were $33 billion. We anticipate that securitizatio
n will remain a part of our overall funding capabilities notwithstanding the cha
nges in\plain\cf1\f51\fs16\ql consolidation rules described in Notes 1 and 16 t
o the condensed, consolidated financial statements.\par\pard\plain\sb198\cf1\f51
\fs16\ql Our issuances of securities repurchase agreements are insignificant and
are limited to activities at certain of our foreign banks. At June\~30, 2010 an
d\plain\cf1\f51\fs16\ql December\~31, 2009, we were party to repurchase agreeme
nts totaling $0.1 billion and an insignificant amount, respectively, which were
accounted for as\plain\cf1\f51\fs16\ql on-book financings. We have had no repur
chase agreements which were not accounted for as financings and we do not engage
in securities lending\plain\cf1\f51\fs16\ql transactions.\par\pard\plain\sb286
\cf1\f51\fs16\b\ql Dividends and Share Repurchase Program\par\pard\plain\sb88\cf
1\f51\fs16\ql On July\~23, 2010, the GE Board of Directors increased our quarter
ly dividend 20% from $0.10 per outstanding share of common stock to $0.12 per\pl
ain\cf1\f51\fs16\ql outstanding share of common stock for shareholders of recor
d at the close of business on September\~20, 2010.\par\pard\plain\sb198\cf1\f51\
fs16\ql Also on July\~23, 2010, the GE Board of Directors extended the existing
share repurchase plan, which would have otherwise expired on December\~31,\plain
\cf1\f51\fs16\ql 2010, through 2013. We will resume repurchases under the plan
beginning in the third quarter of 2010.\par\pard\plain\cf1\f51\fs13\ql \~\par\pa
1\fs16\b\ql Income Maintenance Agreement\par\pard\plain\sb88\cf1\f51\fs16\ql As
set forth in Exhibit 99(b) hereto, GECC\u8217?s ratio of earnings to fixed charg
es was 1.08:1 during the first six months of 2010 due to higher\plain\cf1\f51\fs
16\ql pre-tax earnings at GECC, which were primarily driven by lower losses and
delinquencies. If we continue to see improvements in GECC\u8217?s pre-tax\plain
\cf1\f51\fs16\ql results consistent with the first half of 2010, we would not e
xpect any payment from GE to GECC in 2011 pursuant to the Income Maintenance\pla
in\cf1\f51\fs16\ql Agreement. For additional information, see the Income Mainte
nance Agreement section in the Management\u8217?s Discussion and Analysis of Fin
ancial\plain\cf1\f51\fs16\ql Condition and Results of Operations of our 2009 co
nsolidated financial statements.\par\pard\plain\sb286\cf1\f51\fs16\b\ql E. New A
ccounting Standards\par\pard\plain\sb88\cf1\f51\fs16\ql On September\~23, 2009,
the FASB issued amendments to existing standards for revenue arrangements with m
ultiple components. The amendments\plain\cf1\f51\fs16\ql generally require the
allocation of consideration to separate components based on the relative selling
price of each component in a revenue arrangement.\plain\cf1\f51\fs16\ql The am
endments also require certain software-enabled products to be accounted for unde
r the general accounting standards for multiple component\plain\cf1\f51\fs16\ql
arrangements as opposed to accounting standards specifically applicable to soft
ware arrangements. The amendments are effective prospectively for revenue\plain\
cf1\f51\fs16\ql arrangements entered into or materially modified after January\
~ 1, 2011. The impact of adopting these amendments is expected to be insignifica
nt to our\plain\cf1\f51\fs16\ql financial statements.{\*\bkmkstart item_1_3_3}{
\*\bkmkend item_1_3_3}{\*\bkmkstart tx53567_11}{\*\bkmkend tx53567_11}\par\pard\
plain\sb286\cf1\f51\fs16\b\ql Item\~3. Quantitative and Qualitative Disclosures
About Market Risk.\par\pard\plain\sb88\cf1\f51\fs16\ql There have been no signif
icant changes to our market risk since December\~31, 2009. For a discussion of o
ur exposure to market risk, refer to Part II,\plain\cf1\f51\fs16\ql Item\~7A. \
u8220?Quantitative and Qualitative Disclosures about Market Risk,\u8221? contain
ed in our Annual Report on Form 10-K for the year ended\plain\cf1\f51\fs16\ql D
ecember\~31, 2009.{\*\bkmkstart item_1_3_4}{\*\bkmkend item_1_3_4}{\*\bkmkstart
tx53567_12}{\*\bkmkend tx53567_12}\par\pard\plain\sb286\cf1\f51\fs16\b\ql Item\~
4. Controls and Procedures.\par\pard\plain\sb88\cf1\f51\fs16\ql Under the direct
ion of our Chief Executive Officer and Chief Financial Officer, we evaluated our
disclosure controls and procedures and internal control\plain\cf1\f51\fs16\ql
over financial reporting and concluded that (i)\~our disclosure controls and pro
cedures were effective as of June\~30, 2010, and (ii)\~no change in internal\pla
in\cf1\f51\fs16\ql control over financial reporting occurred during the quarter
ended June\~30, 2010, that has materially affected, or is reasonably likely to
materially affect,\plain\cf1\f51\fs16\ql such internal control over financial r
eporting.{\*\bkmkstart part_1_2_2}{\*\bkmkend part_1_2_2}{\*\bkmkstart tx53567_1
3}{\*\bkmkend tx53567_13}\par\pard\plain\sb286\cf1\f51\fs16\b\ql Part II. Other
Information{\*\bkmkstart item_1_3_5}{\*\bkmkend item_1_3_5}{\*\bkmkstart tx53567
_14}{\*\bkmkend tx53567_14}\par\pard\plain\sb88\cf1\f51\fs16\b\ql Item\~1. Legal
Proceedings.\par\pard\plain\sb88\cf1\f51\fs16\ql The following information supp
lements and amends our discussion set forth under Part I, Item\~3 \u8220?Legal P
roceedings\u8221? in our Annual Report\plain\cf1\f51\fs16\ql on Form 10-K for t
he fiscal year ended December\~31, 2009.\par\pard\plain\sb198\cf1\f51\fs16\ql In
July 2010, the United States District Court for the District of Connecticut gra
nted our motion to dismiss in their entirety two purported class actions\plain\c
f1\f51\fs16\ql under the federal securities laws naming us, our chief executive
officer, and our chief financial officer as defendants. These two actions, whic
h we\plain\cf1\f51\fs16\ql previously reported, alleged that we and our chief e
xecutive officer made false and misleading statements that artificially inflated
our stock price between\plain\cf1\f51\fs16\ql March\~12, 2008 and April\~10, 2
008, when we announced that our results for the first quarter of 2008 would not
meet our previous guidance and also\plain\cf1\f51\fs16\ql lowered our full year
guidance for 2008.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs1
6\qc (72)
1\fs16\ql As previously reported, in October 2008, shareholders filed a purporte
d class action under the federal securities laws in the United States District C
ourt\plain\cf1\f51\fs16\ql for the Southern District of New York naming us as d
efendant, as well as our chief executive officer and chief financial officer. Th
e complaint alleges\plain\cf1\f51\fs16\ql that during a conference call with an

alysts on September\~25, 2008, defendants made false and misleading statements c
oncerning (i)\~the state of\plain\cf1\f51\fs16\ql GE\u8217?s funding, cash flow
s, and liquidity and (ii)\~the question of issuing additional equity, which caus
ed economic loss to those shareholders who\plain\cf1\f51\fs16\ql purchased GE s
tock between September\~25, 2008 and October\~2, 2008, when we announced the pri
cing of a common stock offering. The case seeks\plain\cf1\f51\fs16\ql unspecifi
ed damages. Our motion to dismiss the third amended complaint was fully briefed
in April 2010 and is currently under consideration by the\plain\cf1\f51\fs16\ql
court. We intend to defend ourselves vigorously.\par\pard\plain\sb198\cf1\f51\f
s16\ql As previously reported, the Antitrust Division of the Department of Justi
ce (DOJ) and the SEC are conducting an industry-wide investigation of\plain\cf1\
f51\fs16\ql marketing and sales of guaranteed investment contracts, and other f
inancial instruments, to municipalities. In connection with this investigation,
two\plain\cf1\f51\fs16\ql subsidiaries of General Electric Capital Corporation
(GECC) have received subpoenas and requests for information in connection with t
he investigation:\plain\cf1\f51\fs16\ql GE Funding CMS (Trinity Funding Co.) an
d GE Funding Capital Market Services, Inc. (GE FCMS). GECC has cooperated and co
ntinues to cooperate\plain\cf1\f51\fs16\ql fully with the SEC and DOJ in this m
atter. In July 2008, GE FCMS received a \u8220?Wells notice\u8221? advising that
the SEC staff is considering\plain\cf1\f51\fs16\ql recommending that the SEC b
ring a civil injunctive action or institute an administrative proceeding in conn
ection with the bidding for various financial\plain\cf1\f51\fs16\ql instruments
associated with municipal securities by certain former employees of GE FCMS. GE
FCMS is one of several industry participants that received\plain\cf1\f51\fs16\q
l Wells notices during 2008. GE FCMS disagrees with the SEC staff regarding thi
s recommendation and has been in discussions with the staff, including\plain\cf1
\f51\fs16\ql discussion of potential resolution of the matter. GE FCMS intends
to continue these discussions and understands that it will have the opportunity
to\plain\cf1\f51\fs16\ql address any disagreements with the SEC staff with resp
ect to its recommendation through the Wells process with the full Commission. In
March 2008,\plain\cf1\f51\fs16\ql GE FCMS and Trinity Funding Co., LLC (Trinit
y Funding) were served with a federal class action complaint asserting antitrust
violations. This action\plain\cf1\f51\fs16\ql was combined with other related
actions in a multidistrict litigation proceeding in the United States District C
ourt for the Southern District of New York.\plain\cf1\f51\fs16\ql The claims ag
ainst GE FCMS and Trinity Funding in the federal class action complaint and the
similar claims asserted in the other related actions were\plain\cf1\f51\fs16\ql
dismissed without prejudice. In June 2010, the State of West Virginia brought a
n action against GE FCMS asserting antitrust violations. In addition, GE\plain\c
f1\f51\fs16\ql FCMS and Trinity Funding also received subpoenas from the Attorn
eys General of the State of Connecticut and Florida on behalf of a working group
of\plain\cf1\f51\fs16\ql State Attorneys General in June 2008. GE FCMS and Tri
nity Funding are cooperating with those investigations.\par\pard\plain\sb198\cf1
\f51\fs16\ql As previously reported, in March 2010, a shareholder derivative act
ion was filed in the United States District Court for the Southern District of N
ew York\plain\cf1\f51\fs16\ql naming as defendants GE, a number of GE officers
(including our chief executive officer and chief financial officer) and our dire
ctors. The complaint\plain\cf1\f51\fs16\ql principally alleges breaches of fidu
ciary duty and other causes of action related to the SEC matter which GE resolve
d in August 2009, and alleged\plain\cf1\f51\fs16\ql resulting losses suffered b
y our financial services businesses. An additional derivative action making esse
ntially the same claims was filed in May in the\plain\cf1\f51\fs16\ql Southern
District of New York as a related case. We intend to defend ourselves vigorously
.\par\pard\plain\sb198\cf1\f51\fs16\ql On July 27th, 2010, GE and the SEC announ
ced that they had reached a settlement concerning the involvement in 2000-2003 o
f certain of its non-U.S.\plain\cf1\f51\fs16\ql subsidiaries in the United Nati
ons Oil-for-Food Program. GE also received confirmation from the Department of J
ustice that it has closed its investigation\plain\cf1\f51\fs16\ql and will not
be pursuing any criminal charges or taking any other action in this matter. In c
onnection with the SEC settlement, which brings the SEC\plain\cf1\f51\fs16\ql i

nvestigation of GE to a close, the SEC filed a civil complaint in the U.S. Distr
ict Court for the District of Columbia alleging misconduct by two\plain\cf1\f51\
fs16\ql European subsidiaries of GE, and by subsidiaries of Amersham plc (\u822
0?Amersham\u8221?) and Ionics, Inc. (\u8220?Ionics\u8221?) in 2000-2002,\plain\c
f1\f51\fs16\ql before GE acquired those businesses. Amersham was acquired by GE
in 2004 and Ionics was acquired in 2005. The SEC alleges the conduct violated\p
lain\cf1\f51\fs16\ql provisions of the Securities Exchange Act of 1934 that rel
ate to keeping and maintaining accurate books and records and implementing suffi
cient controls\plain\cf1\f51\fs16\ql to prevent inaccurate recording of transac
tions. To resolve both the alleged liabilities of its own subsidiaries and the a
lleged pre-acquisition liabilities of\plain\cf1\f51\fs16\ql the subsidiaries th
at GE acquired, GE has agreed to pay a $1\~million penalty and to disgorge the p
rofits plus interest these subsidiaries are estimated to\plain\cf1\f51\fs16\ql
have earned on the transactions in the amount of approximately $22.5 million. Co
nsistent with standard SEC practice, we neither admit nor deny the\plain\cf1\f51
\fs16\ql allegations in the SEC\u8217?s complaint.\par\pard\plain\cf1\f51\fs13\
ql \~\par\pard\plain\cf1\f51\fs16\qc (73)
ard\plain\cf1\f51\fs16\b\ql Item\~2. Purchases of Equity Securities by the Issue
r and Affiliated Purchasers.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\trrh0
\trrh0\row}}}
\pard\plain\intbl\brdrb\brdrs\cf1\f51\fs13\b\ql Period(a)\cell\pard\plain\intbl\
cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Total\~number
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc of shares
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc purchased(a)(b)\cell\p
ard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Ave
rage
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc price\~paid
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc per\~share\cell\pard\p
lain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Total\~n
umber
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc of shares
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc purchased as
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc part of our
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc share
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc repurchase
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc program(a)(c)\cell\par
d\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Appro
ximate
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc dollar value of

\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc shares that
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc may yet be
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc purchased
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc under our
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc share
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc repurchase
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc program\cell{
{\trowd\trqc\clvertalb\cellx4288\clvertalb\cellx4758\clvertalb\cellx5747\clverta
lb\cellx6217\clvertalb\cellx6921\clvertalb\cellx7391\clvertalb\cellx8271\clverta
lb\cellx8741\clvertalb\cellx9933\trrh172
\pard\plain\intbl\cf1\f51\fs13\b\ql (Shares in thousands)\cell\pard\plain\intbl\
plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell{
lb\cellx8741\clvertalb\cellx9933\trrh172\row}}}
932\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql 2010\cell\pard\plain\intbl\cf1\
f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f
932\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql April\cell\pard\plain\intbl\cf1\f
51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 948\cell\pard\plain\intbl\
bl\cf1\f51\fs16\qr 18.80\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr 716\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pa

932\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql May\cell\pard\plain\intbl\cf1\f51
\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 777\cell\pard\plain\intbl\cf
\cf1\f51\fs16\qr 17.54\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\qr 576\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard
932\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql June\cell\pard\plain\intbl\cf1\f5
1\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 624\cell\pard\plain\intbl\c
f1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intb
l\cf1\f51\fs16\qr 15.80\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\pla
talb\cellx5747\clvertalb\cellx6217\clvertalb\cellx6526\clvertalb\cellx6921\clver
talb\cellx7391\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8271\clvertalb\cellx8741\clv
ain\intbl\cf1\f51\fs1\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\
plain\intbl\cf1\f51\fs1\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pl
talb\cellx7391\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8271\clvertalb\cellx8741\clv
932\trrh206
51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,349\cell\pard\plain\intb
ntbl\cf1\f51\fs16\qr 17.59\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\
plain\intbl\cf1\f51\fs16\qr 1,794\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cel
l\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 11.6\
~billion\cell{
932\trrh206\row}}}
rtalb\cellx5747\clvertalb\cellx6217\clvertalb\cellx6526\clvertalb\cellx6921\clve
ain\intbl\cf1\f51\fs1\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\
plain\intbl\cf1\f51\fs1\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pl
lvertalb\cellx9144\clvertalb\cellx9932\trrh63\row}}}\pard\plain\cf1\f51\fs9\ql \
~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\pard\plain\cf1\f51\fs9\
ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (a)\cell\pard\plain\intbl\cf1\f51\fs16\ql Info
rmation is presented on a fiscal calendar basis, consistent with our quarterly f
inancial reporting.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql This
category includes 555\~thousand shares repurchased from our various benefit pla
ns, primarily the GE Savings and Security Program (the S&SP).\plain\intbl\cf1\f5
1\fs16\ql Through the S&SP, a defined contribution plan with Internal Revenue S
ervice Code 401(k) features, we repurchase shares resulting from changes in\plai
n\intbl\cf1\f51\fs16\ql investment options by plan participants.\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (c)\cell\pard\plain\intbl\cf1\f51\fs16\ql This
balance represents the number of shares that were repurchased from the GE Stock
Direct Plan, a direct stock purchase plan that is available to\plain\intbl\cf1\
f51\fs16\ql the public. Repurchases from GE Stock Direct are part of the 2007 G
E Share Repurchase Program (the Program) under which we are authorized to\plain\
intbl\cf1\f51\fs16\ql repurchase up to $15 billion of our common stock through
2010. The Program is flexible and shares are acquired with a combination of borr
owings\plain\intbl\cf1\f51\fs16\ql and free cash flow from the public markets a
nd other sources, including GE Stock Direct. Effective September\~25, 2008, we s
uspended the Program\plain\intbl\cf1\f51\fs16\ql for purchases other than from
GE Stock Direct. Effective July\~23, 2010, we extended the Program, which would
have otherwise expired on\plain\intbl\cf1\f51\fs16\ql December\~31, 2010 throug
h 2013. We will resume repurchases under the Program in the third quarter of 201
0.\cell{
{\trowd\cellx432\cellx10800\trrh1238\row}}}\pard\plain\cf1\f51\fs13\ql \~\par\pa
ard\plain\cf1\f51\fs16\b\ql Item\~6. Exhibits.\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
{\trowd\clvertalc\cellx933\clvertalb\cellx1237\clvertalc\cellx1733\clvertalb\cel
lx2229\clvertalc\cellx10798\trrh-66\trrh0
{\trowd\clvertalc\cellx933\clvertalb\cellx1237\clvertalc\cellx1733\clvertalb\cel
lx2229\clvertalc\cellx10798\trrh-66\trrh0\row}}}
\pard\plain\intbl\cf1\f51\fs16\ql Exhibit\~11\cell\pard\plain\intbl\cf1\f51\fs13
\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql Computation of Per Share Earnings*.
\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Exhibit\~12(a)\cell\pard\plain\intbl\cf1\f51\f
s13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql Computation of Ratio of Earnings
to Fixed Charges.\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Exhibit\~12(b)\cell\pard\plain\intbl\cf1\f51\f
to Combined Fixed Charges and Preferred Stock Dividends.\cell{
s13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql Certification Pursuant to Rules
13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Amended.\c
ell{
s13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql Certification Pursuant to Rules
13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Amended.\c
ell{
\pard\plain\intbl\cf1\f51\fs16\ql Exhibit 32\cell\pard\plain\intbl\cf1\f51\fs13\

ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql Certification Pursuant to 18 U.S.C.
Section 1350.\cell{
s13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql Financial Measures That Suppleme
nt Generally Accepted Accounting Principles.\cell{
to Fixed Charges (Incorporated by reference to Exhibit 12 to General Electric C
apital\plain\intbl\cf1\f51\fs16\ql Corporation\u8217?s Quarterly Report on Form
10-Q for the fiscal quarter ended June 30, 2010 (Commission file number 001-064
61)).\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Exhibit\~101\cell\pard\plain\intbl\cf1\f51\fs1
3\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql The following materials from Gener
al Electric Company\u8217?s Quarterly Report on Form 10-Q for the quarter ended
June 30, 2010,\plain\intbl\cf1\f51\fs16\ql formatted in XBRL (eXtensible Busine
ss Reporting Language); (i) Condensed Statement of Earnings for the three months
and six\plain\intbl\cf1\f51\fs16\ql months ended June 30, 2010 and 2009, (ii)
Condensed Statement of Financial Position at June 30, 2010 and December 31, 2009
, (iii)\plain\intbl\cf1\f51\fs16\ql Condensed Statement of Cash Flows for the s
ix months ended June 30, 2010 and 2009, and (iv) Notes to Condensed Consolidated
\plain\intbl\cf1\f51\fs16\ql Financial Statements**.\cell{
{\trowd\clvertalc\cellx933\clvertalc\cellx1733\clvertalc\cellx10799\trrh-66\trrh
0
0\row}}}
{\trowd\cellx933\clvertalb\cellx1237\cellx1733\clvertalb\cellx2229\clvertalb\cel
lx10798\trrh413
rd\plain\intbl\cf1\f51\fs16\ql *\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell
\pard\plain\intbl\cf1\f51\fs16\ql Data required by Financial Accounting Standard
s Board Accounting Standards Codification 260,\plain\intbl\cf1\f51\fs16\i\ql Ea
rnings Per Share\plain\intbl\cf1\f51\fs16\ql , is\plain\intbl\cf1\f51\fs16\ql p
rovided in Note\~13 to the condensed, consolidated financial statements in this
Report.\cell{
lx10798\trrh413\row}}}
0
0\row}}}
lx10798\trrh825
rd\plain\intbl\cf1\f51\fs16\ql **\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cel
l\pard\plain\intbl\cf1\f51\fs16\ql Pursuant to Rule 406T of Regulation S-T, the
Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of\pla
in\intbl\cf1\f51\fs16\ql a registration statement or prospectus for purposes of
Sections 11 or 12 of the Securities Act of 1933, as amended, are\plain\intbl\cf
1\f51\fs16\ql deemed not filed for purposes of Section 18 of the Securities and
Exchange Act of 1934, as amended, and otherwise are\plain\intbl\cf1\f51\fs16\ql
not subject to liability under those sections.\cell{
lx10798\trrh825\row}}}\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16
\qc (75)
l "toc" }{\*\fldrslt\cf3\f52\fs16\b\ql Table of Contents}}{\*\bkmkstart part_1_2
_3}{\*\bkmkend part_1_2_3}{\*\bkmkstart tx53567_17}{\*\bkmkend tx53567_17}\par\p
ard\plain\cf1\f51\fs16\b\qc Signatures\par\pard\plain\sb198\cf1\f51\fs16\ql Purs
uant 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\plain\cf1\f51\fs16
\ql undersigned thereunto duly authorized.\par\pard\plain\sb198\cf1\f51\fs16\qc
General Electric Company\par\pard\plain\cf1\f51\fs16\qc (Registrant)\par\pard\p
lain\cf1\f51\fs18\ql \~
\par\pard\plain
llx2268\clvertalc\cellx6588\clvertalb\cellx6695\clvertalc\cellx10799\trrh-66\trr
h0
6\ql \~\cell{
llx2268\clvertalc\cellx6588\clvertalb\cellx6695\clvertalc\cellx10799\trrh-66\trr
h0\row}}}
{\trowd\cellx1944\clvertalb\cellx2052\cellx2160\clvertalb\cellx2268\clvertalb\ce
\pard\plain\intbl\brdrb\brdrs\cf1\f51\fs16\qc August\~2,\~2010\cell\pard\plain\i
l\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\brdrb\brdrs\cf1\f51\fs16\ql /s/ Jam
ie S. Miller\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0
\fs16\ql \~\cell{
\pard\plain\intbl\cf1\f51\fs16\qc Date\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\
ell\pard\plain\intbl\cf1\f51\fs16\ql Jamie S. Miller\par\pard\plain\intbl\cf1\f5
1\fs16\ql Vice President and Controller\par\pard\plain\intbl\cf1\f51\fs16\ql Dul
y\~Authorized\~Officer\~and\~Principal\~Accounting\~Officer\cell\pard\plain\intb
l\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
llx6588\clvertalb\cellx6695\clvertalb\cellx10799\trrh636\row}}}\pard\plain\cf1\f
\page{\*\bkmkstart doc_1_2}{\*\bkmkend doc_1_2}\par\pard\plain\cf1\f51\fs16\b\qr
Exhibit 12(a)\par\pard\plain\sb198\cf1\f51\fs16\b\qc General Electric Company\p
ar\pard\plain\cf1\f51\fs16\b\qc Computation of Ratio of Earnings to Fixed Charge
s\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs13\b\ql (Dollars in millions)\cell\pard\plain\intbl\
cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Six months
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc ended
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc (Unaudited)\cell{
{\trowd\trqc\clvertalc\cellx5949\clvertalc\cellx7343\trrh-66\trrh0
{\trowd\trqc\clvertalc\cellx5949\clvertalc\cellx7343\trrh-66\trrh0\row}}}
rtalb\clshdng100\clcfpat12\clcbpat12\cellx7342\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql General Electric Company and co
nsolidated affiliates\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain
\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
rtalb\clshdng100\clcfpat12\clcbpat12\cellx7342\trrh206\row}}}
42\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Earnings(a)\cell\pard\plain\intbl
42\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Plus:\cell\pard\plain\intbl\cf1\f
6\ql \~\cell{
42\trrh206
ges included in expense(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\
plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,333\cell{
42\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql One-third of rental expense(c)\ce
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 286\cell{
talb\cellx6864\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7342\trrh29
talb\cellx6864\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7342\trrh29\row}}}
42\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Adjusted \u8220?earnings\u8221?\c
$\cell\pard\plain\intbl\cf1\f51\fs16\qr 15,379\cell{
42\trrh206\row}}}
rtalb\cellx6864\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7342\trrh63
rtalb\cellx6864\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7342\trrh63\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Fixed Charges:\cell\pard\plain\in
bl\f0\fs16\ql \~\cell{
42\trrh206
ges included in expense(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\
42\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Interest capitalized\cell\pard\pl
d\plain\intbl\cf1\f51\fs16\qr 20\cell{
42\trrh206
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 286\cell{
42\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total fixed charges\cell\pard\pla
plain\intbl\cf1\f51\fs16\qr 8,639\cell{
42\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Ratio of earnings to fixed charge
ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.78\cell{
42\trrh206\row}}}
rtalb\cellx6864\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7342\trrh63\row}}}\pard\pl
ain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\par
d\plain\cf1\f51\fs9\ql \~
\par\pard\plain
ings before income taxes, noncontrolling interests, discontinued operations and
undistributed earnings of equity investees.\cell{
\pard\plain
uded interest on tax deficiencies.\cell{
\pard\plain
idered to be representative of interest factor in rental expense.\cell{
\page{\*\bkmkstart doc_1_3}{\*\bkmkend doc_1_3}\pard\plain\cf1\f51\fs16\b\qr Exh
ibit 12(b)\par\pard\plain\sb198\cf1\f51\fs16\b\qc General Electric Company\par\p
ard\plain\cf1\f51\fs16\b\qc Computation of Ratio of Earnings to Combined Fixed C
harges and Preferred Stock Dividends\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs13\b\ql (Dollars in millions)\cell\pard\plain\intbl\
cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc Six months
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc ended
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc (Unaudited)\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql General Electric Company and co
nsolidated affiliates\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\i
ntbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
70\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Earnings(a)\cell\pard\plain\intbl
l\cf1\f51\fs16\qr 6,760\cell{
70\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Plus:\cell\pard\plain\intbl\cf1\f
ql \~\cell{
70\trrh206
ges included in expense(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
70\trrh206\row}}}
cell\pard\plain\intbl\cf1\f51\fs16\qr 286\cell{
70\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Adjusted \u8220?earnings\u8221?\c
70\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Fixed charges:\cell\pard\plain\in
70\trrh206
ges included in expense(b)\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,333\cell{
70\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Interest capitalized\cell\pard\pl
plain\intbl\cf1\f51\fs16\qr 20\cell{
70\trrh206
cell\pard\plain\intbl\cf1\f51\fs16\qr 286\cell{
70\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total fixed charges\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr 8,639\cell{
70\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Ratio of earnings to fixed charge
s\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.78\cell{
70\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Preferred stock dividend requirem
ents\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16
\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 150\cell{
70\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Ratio of earnings before provisio
n for income taxes to earnings from continuing operations\cell\pard\plain\intbl\
l\cf1\f51\fs16\qr 1.23\cell{
70\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Preferred stock dividend factor o
n pre-tax basis\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\c
f1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 185\cell{
70\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Fixed charges\cell\pard\plain\int
ntbl\cf1\f51\fs16\qr 8,639\cell{
70\trrh206\row}}}
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Total fixed charges and preferred
stock dividend requirements\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\
70\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Ratio of earnings to combined fix
ed charges and preferred stock dividends\cell\pard\plain\intbl\cf1\f51\fs13\ql \
1.74\cell{
70\trrh206\row}}}
ain\cf1\f51\fs9\ql \~\par\pard\plain\brdrb\brdrs\sa22\cf1\f51\fs20\ql \~\par\par
d\plain\cf1\f51\fs9\ql \~
\par\pard\plain
ings before income taxes, noncontrolling interests, discontinued operations and
undistributed earnings of equity investees.\cell{
\pard\plain
uded interest on tax deficiencies.\cell{
\pard\plain
idered to be representative of interest factor in rental expense.\cell{
ibit 31(a)\par\pard\plain\sb198\cf1\f51\fs16\b\qc Certification Pursuant to\par\
pard\plain\cf1\f51\fs16\b\qc Rules 13a-14(a) and 15d-14(a) under the Securities
Exchange Act of 1934, as Amended\par\pard\plain\sb198\cf1\f51\fs16\ql I, Jeffrey
R. Immelt, certify that:\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql 1.\cell\pard\plain\intbl\cf1\f51\fs16\ql I hav
e reviewed this quarterly report on Form 10-Q of General Electric Company;\cell{
{\trowd\cellx432\cellx9018\trrh206\row}}}\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql 2.\cell\pard\plain\intbl\cf1\f51\fs16\ql Based
on my knowledge, this report does not contain any untrue statement of a materia
l fact or omit to state a material fact necessary to make the\plain\intbl\cf1\f5
1\fs16\ql statements made, in light of the circumstances under which such state
ments were made, not misleading with respect to the period covered by this\plain
\intbl\cf1\f51\fs16\ql report;\cell{
\par\pard\plain
on my knowledge, the financial statements, and other financial information incl
uded in this report, fairly present in all material respects the\plain\intbl\cf1
\f51\fs16\ql financial condition, results of operations and cash flows of the r
egistrant as of, and for, the periods presented in this report;\cell{
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql 4.\cell\pard\plain\intbl\cf1\f51\fs16\ql The r
egistrant\u8217?s other certifying officer and I are responsible for establishin
g and maintaining disclosure controls and procedures (as defined\plain\intbl\cf1
\f51\fs16\ql in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal contro
l over financial reporting (as defined in Exchange Act Rules 13a-15(f) and\plain
\intbl\cf1\f51\fs16\ql 15d-15(f)) for the registrant and have:\cell{
\par\pard\plain
{\trowd\clvertalc\cellx432\cellx864\cellx10800\trrh619
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql a)\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql Designed such disclosure controls and proced
ures, or caused such disclosure controls and procedures to be designed under our
supervision, to\plain\intbl\cf1\f51\fs16\ql ensure that material information r
elating to the registrant, including its consolidated subsidiaries, is made know
n to us by others within those\plain\intbl\cf1\f51\fs16\ql entities, particular
ly during the period in which this report is being prepared;\cell{
{\trowd\clvertalc\cellx432\cellx864\cellx10800\trrh619\row}}}\pard\plain\cf1\f51
\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql b)\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql Designed such internal control over financia
l reporting, or caused such internal control over financial reporting to be desi
gned under our\plain\intbl\cf1\f51\fs16\ql supervision, to provide reasonable a
ssurance regarding the reliability of financial reporting and the preparation of
financial statements for\plain\intbl\cf1\f51\fs16\ql external purposes in acco
rdance with generally accepted accounting principles;\cell{
\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql c)\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql Evaluated the effectiveness of the registran
t\u8217?s disclosure controls and procedures and presented in this report our co
nclusions about the\plain\intbl\cf1\f51\fs16\ql effectiveness of the disclosure
controls and procedures, as of the end of the period covered by this report bas
ed on such evaluation; and\cell{
\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql d)\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql Disclosed in this report any change in the r
egistrant\u8217?s internal control over financial reporting that occurred during
the\plain\intbl\cf1\f51\fs16\ql registrant\u8217?s most recent fiscal quarter
(the registrant\u8217?s fourth fiscal quarter in the case of an annual report) t
hat has materially\plain\intbl\cf1\f51\fs16\ql affected, or is reasonably likel
y to materially affect, the registrant\u8217?s internal control over financial r
eporting; and\cell{
\fs9\ql \~
\par\pard\plain
egistrant\u8217?s other certifying officer and I have disclosed, based on our mo
st recent evaluation of internal control over financial reporting,\plain\intbl\c
f1\f51\fs16\ql to the registrant\u8217?s auditors and the audit committee of th
e registrant\u8217?s board of directors (or persons performing the equivalent\pl
ain\intbl\cf1\f51\fs16\ql functions):\cell{
\par\pard\plain
ll\pard\plain\intbl\cf1\f51\fs16\ql All significant deficiencies and material we
aknesses in the design or operation of internal control over financial reporting
which are\plain\intbl\cf1\f51\fs16\ql reasonably likely to adversely affect th
e registrant\u8217?s ability to record, process, summarize and report financial
information; and\cell{
\fs9\ql \~
\par\pard\plain
ll\pard\plain\intbl\cf1\f51\fs16\ql Any fraud, whether or not material, that inv
olves management or other employees who have a significant role in the registran
t\u8217?s\plain\intbl\cf1\f51\fs16\ql internal control over financial reporting
.\cell{
{\trowd\clvertalc\cellx432\cellx864\cellx10800\trrh413\row}}}\pard\plain\sb198\c
f1\f51\fs16\ql Date: August 2, 2010\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
{\trowd\clvertalc\cellx4320\trrh-66\trrh0
{\trowd\clvertalc\cellx4320\trrh-66\trrh0\row}}}
{\trowd\cellx4320\trrh262
\pard\plain\intbl\brdrb\brdrs\cf1\f51\fs16\ql /s/ Jeffrey R. Immelt\cell{
{\trowd\cellx4320\trrh262\row}}}
\pard\plain\intbl\cf1\f51\fs16\ql Jeffrey R. Immelt\cell{

\pard\plain\intbl\cf1\f51\fs16\ql Chief Executive Officer\cell{
ibit 31(b)\par\pard\plain\sb198\cf1\f51\fs16\b\qc Certification Pursuant to\par\
pard\plain\cf1\f51\fs16\b\qc Rules 13a-14(a) and 15d-14(a) under the Securities
Exchange Act of 1934, as Amended\par\pard\plain\sb198\cf1\f51\fs16\ql I, Keith S
. Sherin, certify that:\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql 1.\cell\pard\plain\intbl\cf1\f51\fs16\ql I hav
e reviewed this quarterly report on Form 10-Q of General Electric Company;\cell{
\par\pard\plain
on my knowledge, this report does not contain any untrue statement of a materia
l fact or omit to state a material fact necessary to make the\plain\intbl\cf1\f5
1\fs16\ql statements made, in light of the circumstances under which such state
ments were made, not misleading with respect to the period covered by this\plain
\intbl\cf1\f51\fs16\ql report;\cell{
\par\pard\plain
on my knowledge, the financial statements, and other financial information incl
uded in this report, fairly present in all material respects the\plain\intbl\cf1
\f51\fs16\ql financial condition, results of operations and cash flows of the r
egistrant as of, and for, the periods presented in this report;\cell{
\par\pard\plain
egistrant\u8217?s other certifying officer and I are responsible for establishin
g and maintaining disclosure controls and procedures (as defined\plain\intbl\cf1
\f51\fs16\ql in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal contro
l over financial reporting (as defined in Exchange Act Rules 13a-15(f) and\plain
\intbl\cf1\f51\fs16\ql 15d-15(f)) for the registrant and have:\cell{
\par\pard\plain
ll\pard\plain\intbl\cf1\f51\fs16\ql Designed such disclosure controls and proced
ures, or caused such disclosure controls and procedures to be designed under our
supervision, to\plain\intbl\cf1\f51\fs16\ql ensure that material information r
elating to the registrant, including its consolidated subsidiaries, is made know
n to us by others within those\plain\intbl\cf1\f51\fs16\ql entities, particular
ly during the period in which this report is being prepared;\cell{
\fs9\ql \~
\par\pard\plain
ll\pard\plain\intbl\cf1\f51\fs16\ql Designed such internal control over financia
l reporting, or caused such internal control over financial reporting to be desi
gned under our\plain\intbl\cf1\f51\fs16\ql supervision, to provide reasonable a
ssurance regarding the reliability of financial reporting and the preparation of
financial statements for\plain\intbl\cf1\f51\fs16\ql external purposes in acco
rdance with generally accepted accounting principles;\cell{

\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql c)\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql Evaluated the effectiveness of the registran
t\u8217?s disclosure controls and procedures and presented in this report our co
nclusions about the\plain\intbl\cf1\f51\fs16\ql effectiveness of the disclosure
controls and procedures, as of the end of the period covered by this report bas
ed on such evaluation; and\cell{
\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql d)\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql Disclosed in this report any change in the r
egistrant\u8217?s internal control over financial reporting that occurred during
the\plain\intbl\cf1\f51\fs16\ql registrant\u8217?s most recent fiscal quarter
(the registrant\u8217?s fourth fiscal quarter in the case of an annual report) t
hat has materially\plain\intbl\cf1\f51\fs16\ql affected, or is reasonably likel
y to materially affect, the registrant\u8217?s internal control over financial r
eporting; and\cell{
\fs9\ql \~
\par\pard\plain
egistrant\u8217?s other certifying officer and I have disclosed, based on our mo
st recent evaluation of internal control over financial reporting,\plain\intbl\c
f1\f51\fs16\ql to the registrant\u8217?s auditors and the audit committee of th
e registrant\u8217?s board of directors (or persons performing the equivalent\pl
ain\intbl\cf1\f51\fs16\ql functions):\cell{
\par\pard\plain
ll\pard\plain\intbl\cf1\f51\fs16\ql All significant deficiencies and material we
aknesses in the design or operation of internal control over financial reporting
which are\plain\intbl\cf1\f51\fs16\ql reasonably likely to adversely affect th
e registrant\u8217?s ability to record, process, summarize and report financial
information; and\cell{
\fs9\ql \~
\par\pard\plain
ll\pard\plain\intbl\cf1\f51\fs16\ql Any fraud, whether or not material, that inv
olves management or other employees who have a significant role in the registran
t\u8217?s\plain\intbl\cf1\f51\fs16\ql internal control over financial reporting
.\cell{
{\trowd\clvertalc\cellx432\cellx864\cellx10800\trrh413\row}}}\pard\plain\sb198\c
f1\f51\fs16\ql Date: August\~2, 2010\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\pard\plain\intbl\brdrb\brdrs\cf1\f51\fs16\ql /s/\~Keith S. Sherin\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Keith S. Sherin\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Chief Financial Officer\cell{
ibit 32\par\pard\plain\sb198\cf1\f51\fs16\b\qc Certification Pursuant to\par\par
d\plain\cf1\f51\fs16\b\qc 18 U.S.C. Section\~1350\par\pard\plain\sb198\cf1\f51\f
s16\ql In connection with the Quarterly Report of General Electric Company (the
\u8220?registrant\u8221?) on Form 10-Q for the period ended June\~30, 2010,\plai
n\cf1\f51\fs16\ql as filed with the Securities and Exchange Commission on the d
ate hereof (the \u8220?report\u8221?), we, Jeffrey R. Immelt and Keith S. Sherin
, Chief\plain\cf1\f51\fs16\ql Executive Officer and Chief Financial Officer, re
spectively, of the registrant, certify, pursuant to 18\~U.S.C. \u167?\~1350, tha
t to our knowledge:\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (1)\cell\pard\plain\intbl\cf1\f51\fs16\ql The
report fully complies with the requirements of section 13(a) or 15(d) of the Sec
urities Exchange Act of 1934, as amended; and\cell{
\par\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (2)\cell\pard\plain\intbl\cf1\f51\fs16\ql The
information contained in the report fairly presents, in all material respects, t
he financial condition and results of operations of the registrant.\cell{
{\trowd\cellx432\cellx10800\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql Augu
st\~2, 2010\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
\pard\plain\intbl\brdrb\brdrs\cf1\f51\fs16\ql /s/ Jeffrey R. Immelt\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Jeffrey R. Immelt\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Chief Executive Officer\cell{
\pard\plain\intbl\brdrb\brdrs\cf1\f51\fs16\ql /s/ Keith S. Sherin\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Keith S. Sherin\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Chief Financial Officer\cell{
ibit 99(a)\par\pard\plain\sb198\cf1\f51\fs16\b\qc General Electric Company\par\p
ard\plain\cf1\f51\fs16\b\qc Financial Measures That Supplement Generally Accepte
d Accounting Principles\par\pard\plain\sb198\cf1\f51\fs16\ql We sometimes use in
formation derived from consolidated financial information but not presented in o
ur financial statements prepared in accordance with\plain\cf1\f51\fs16\ql U.S.
generally accepted accounting principles (GAAP). Certain of these data are consi
dered \u8220?non-GAAP financial measures\u8221? under the U.S.\plain\cf1\f51\fs1
6\ql Securities and Exchange Commission rules. Specifically, we have referred t
o:\par\pard\plain\cf1\f51\fs9\ql \~
\par\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql Delinquency rates on managed equipment
financing loans and leases, managed real estate loans and leases and managed con
sumer financing\plain\intbl\cf1\f51\fs16\ql receivables\cell{
\par\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\ql GE Capital ending net investment (ENI),
excluding cash and equivalents\cell{
{\trowd\cellx557\cellx665\cellx8104\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16
\ql The reasons we use these non-GAAP financial measures and their reconciliatio
n to their most directly comparable GAAP financial measures follow.\par\pard\pla
in\sb286\cf1\f51\fs16\b\ul\ql Delinquency Rates on Certain Financing Receivables
\par\pard\plain
cell\pard\plain\intbl\cf1\f51\fs13\b\qc At(a)\cell\pard\plain\intbl\cf1\f51\fs13
\ql \~\cell{
lb\cellx8287\clvertalb\cellx8800\clvertalb\cellx9066\trrh172
1\fs13\b\qc December\~31,\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,\ce
lb\cellx8287\clvertalb\cellx8800\clvertalb\cellx9066\trrh172\row}}}
cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010(b)\cell\pard\plain\intbl\cf1\f51\fs
fs13\b\qc 2009\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf
1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\cell\pard\plain\in

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Equipment Financing\cell\pard\p
s16\ql \~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Managed\cell\pard\plain\intbl\cf1
\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.50\cell\pard\plain\int
bl\cf1\f51\fs16\ql %\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\
intbl\cf1\f51\fs16\qr 2.81\cell\pard\plain\intbl\cf1\f51\fs16\ql %\~\cell\pard\p
lain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.78\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql %\~\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Off-book\cell\pard\plain\intbl\cf
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql On-book\cell\pard\plain\intbl\cf1
ntbl\cf1\f51\fs16\qr 2.91\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\pla
in\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2.88\cell\pard
l\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f
~\cell{
1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr \~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\ql (c)\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\pla
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\b\ql Consumer\cell\pard\plain\intbl\
ell{
1\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr \~\~\cell\pard\plain\intbl\

cf1\f51\fs16\ql (c)\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\i
in\intbl\cf1\f51\fs16\qr \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql (c)\~\cell\p
ard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr \~\~\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql (c)\~\cell{
\fs9\ql \~
\par\pard\plain
udes loans purchased at a discount (unless they have been deteriorated post acqu
isition).\cell{
\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql (b)\cell\pard\plain\intbl\cf1\f51\fs16\ql Subj
ect to update.\cell{
\pard\plain
applicable.\cell{
{\trowd\cellx432\cellx6569\trrh206\row}}}\pard\plain\sb198\cf1\f51\fs16\ql Delin
quency rates on on-book equipment financing loans and leases decreased from Dece
mber\~31, 2009 and June\~30, 2009, to June\~30, 2010, as a result\plain\cf1\f51\
fs16\ql of improvements in the global economic and credit environment in which
we operate.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\plain\cf1\f51\fs16\qc (1)
drsp0\par\pard\plain\f0\fs4\par\par\pard\plain\cf1\f51\fs16\ql Delinquency rates
on Real Estate loans and leases increased from December\~31, 2009 and June\~30,
2009, to June\~30, 2010, primarily because of continued\plain\cf1\f51\fs16\ql
challenging real estate market fundamentals, including reduced occupancy rates a
nd rents and the effects of limited real estate market liquidity. The overall\pl
ain\cf1\f51\fs16\ql challenging economic environment may continue to lead to a
higher level of delinquencies and provisions for financing receivables and could
adversely\plain\cf1\f51\fs16\ql affect results of operations at Real Estate.\p
ar\pard\plain\sb198\cf1\f51\fs16\ql The increase in on-book delinquencies for co
nsumer financing receivables in the U.S. from June\~30, 2009 to December\~31, 20
09, primarily reflects the\plain\cf1\f51\fs16\ql continued rise of delinquencie
s across the U.S. credit card platforms. The decrease in on-book delinquencies f
or consumer financing receivables in the\plain\cf1\f51\fs16\ql U.S. from Decemb
er\~31, 2009 to June\~30, 2010, primarily reflects signs of stabilization in the
U.S. portfolio.\par\pard\plain\sb198\cf1\f51\fs16\ql The decrease in on-book de
linquencies for consumer financing receivables outside of the U.S. from June\~30
, 2009 to December\~31, 2009, primarily\plain\cf1\f51\fs16\ql reflects improvem
ents in our non-U.S. installment and revolving, and auto portfolios. The increas
e in on-book delinquencies for consumer financing\plain\cf1\f51\fs16\ql receiva
bles outside the U.S. from December\~31, 2009 to June\~30, 2010, primarily refle
cts the effects of Australia mortgage portfolio run-off.\par\pard\plain\sb198\cf
1\f51\fs16\ql We believe that delinquency rates on managed financing receivables
provide a useful perspective of our portfolio quality and are key indicators of
\plain\cf1\f51\fs16\ql financial performance. We use this non-GAAP financial me
asure because it provides information that enables management and investors to u
nderstand the\plain\cf1\f51\fs16\ql underlying operational performance and tren

ds of certain financing receivables and facilitates a comparison with the perfor
mance of our competitors. The\plain\cf1\f51\fs16\ql same underwriting standards
and ongoing risk monitoring are used for both on-book and off-book portfolios a
s the customer\u8217?s credit performance\plain\cf1\f51\fs16\ql will affect bot
h loans retained on the Condensed Statement of Financial Position and securitize
d loans. We believe that managed basis information is\plain\cf1\f51\fs16\ql use
ful to management and investors, enabling them to understand both the credit ris
ks associated with the loans reported on the Condensed Statement of\plain\cf1\f5
1\fs16\ql Financial Position and our retained interests in securitized loans.\p
ar\pard\plain\sb286\cf1\f51\fs16\b\ql GE Capital Ending Net Investment (ENI), Ex
cluding Cash and Equivalents\par\pard\plain\cf1\f51\fs18\ql \~
\par\pard\plain
{\trowd\trqc\clvertalb\cellx6268\clvertalb\cellx6691\clvertalb\cellx7342\trrh172
cell\pard\plain\intbl\cf1\f51\fs13\b\qc June\~30,\cell{
{\trowd\trqc\clvertalb\cellx6268\clvertalb\cellx6691\clvertalb\cellx7342\trrh172
\row}}}
\pard\plain\intbl\cf1\f51\fs13\b\ql (In billions)\cell\pard\plain\intbl\cf1\f51\
fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\cell{
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GECC total assets\cell\pard\plain
\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql $\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr 589.2\cell{
42\trrh206
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Less assets of discontinued opera
tions\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\f
s16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1.2\cell{
42\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Less non-interest bearing liabili
ties\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs
16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 39.8\cell{

42\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GE Capital ENI\cell\pard\plain\in
n\intbl\cf1\f51\fs16\qr 548.2\cell{
42\trrh206\row}}}
\pard\plain\intbl\li572\fi-176\cf1\f51\fs16\ql Less cash and equivalents\cell\pa
l\pard\plain\intbl\cf1\f51\fs16\qr 61.2\cell{
42\trrh206
\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql GE Capital ENI, excluding cash an
d equivalents\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql $\cell\pard\plain\intbl\cf1\f51\fs16\qr 487.0\cell{
42\trrh206\row}}}
ain\sb198\cf1\f51\fs16\ql We use ENI to measure the size of our GE Capital segme
nt. We believe that this measure is a useful indicator of the capital (debt or e
quity) required to\plain\cf1\f51\fs16\ql fund a business as it adjusts for noninterest bearing current liabilities generated in the normal course of business
that do not require a capital outlay. We\plain\cf1\f51\fs16\ql also believe tha
t by excluding cash and equivalents, we provide a meaningful measure of assets r
equiring capital to fund our GE Capital segment as a\plain\cf1\f51\fs16\ql subs
tantial amount of this cash resulted from debt issuances to pre-fund future debt
maturities and will not be used to fund additional assets. Providing\plain\cf1\
f51\fs16\ql this measure will help investors measure how we are performing agai
nst our previously communicated goal to reduce the size of our financial service
s\plain\cf1\f51\fs16\ql segment.\par\pard\plain\cf1\f51\fs13\ql \~\par\pard\pla
in\cf1\f51\fs16\qc (2)
\page{\*\bkmkstart doc_1_8}{\*\bkmkend doc_1_8}\par\pard\plain\f0\fs16\par\pard\
plain\cf1\f51\fs18\b\qc Document and Entity Information{\*\bkmkstart gmnh33d6ffc
d93d72d32a30827e0d79309f6}{\*\bkmkend gmnh33d6ffcd93d72d32a30827e0d79309f6}
\par\pard\plain
{\trowd\clvertalc\clshdng100\clcfpat13\clcbpat13\cellx2827\clvertalc\clshdng100\
clcfpat13\clcbpat13\cellx4568\clvertalc\clshdng100\clcfpat13\clcbpat13\cellx5688
\trrh416
\pard\plain\intbl\cf8\f51\fs15\ql Document and Entity Information
\par\pard\plain\intbl\fs16\plain\intbl\cf8\f51\fs15\ql (USD $)\~\cell\pard\plai

n\intbl\cf8\f51\fs15\ql 6 Months Ended
\par\pard\plain\intbl\fs16\plain\intbl\cf8\f51\fs15\ql 06/30/2010\~\cell\pard\p
lain\intbl\cf8\f51\fs15\ql 06/25/2010\~\cell{
\trrh416\row}}}
{\trowd\clshdng100\clcfpat8\clcbpat8\cellx2827\clshdng100\clcfpat8\clcbpat8\cell
x4568\clshdng100\clcfpat8\clcbpat8\cellx5688\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Document type\cell\pard\plain\intbl\cf1\f51\fs
16\ql 10-Q\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
x4568\clshdng100\clcfpat8\clcbpat8\cellx5688\trrh243\row}}}
{\trowd\clshdng100\clcfpat14\clcbpat14\cellx2827\clshdng100\clcfpat14\clcbpat14\
cellx4568\clshdng100\clcfpat14\clcbpat14\cellx5688\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Document period end date\cell\pard\plain\intbl
\cf1\f51\fs16\ql 2010-06-30\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
cellx4568\clshdng100\clcfpat14\clcbpat14\cellx5688\trrh243\row}}}
\pard\plain\intbl\cf1\f51\fs16\ql Amendment flag\cell\pard\plain\intbl\cf1\f51\f
s16\ql false\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Document Fiscal Period Focus\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql Q2\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Document Fiscal Year Focus\cell\pard\plain\int
bl\cf1\f51\fs16\qr 2,010\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Entity registrant name\cell\pard\plain\intbl\c
f1\f51\fs16\ql GENERAL ELECTRIC\plain\intbl\cf1\f51\fs16\ql CO\cell\pard\plain\
\pard\plain\intbl\cf1\f51\fs16\ql Entity central index key\cell\pard\plain\intbl
\cf1\f51\fs16\ql 0000040545\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Current fiscal year end date\cell\pard\plain\i
ntbl\cf1\f51\fs16\ql --12-31\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Entity filer category\cell\pard\plain\intbl\cf
1\f51\fs16\ql Large Accelerated Filer\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c
ell{
\pard\plain\intbl\cf1\f51\fs16\ql Entity common stock shares outstanding\cell\pa
rd\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,691,2
20,000\cell{
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Condensed Statement of
Earnings{\*\bkmkstart b79b8e711c82f7a331151863733c772c}{\*\bkmkend b79b8e711c82
f7a331151863733c772c}
\par\pard\plain
\clvertalc\clshdng100\clcfpat13\clcbpat13\cellx8439\clvertalc\clshdng100\clcfpat
13\clcbpat13\cellx9630\trrh416
\pard\plain\intbl\cf8\f51\fs15\ql Condensed Statement of Earnings
\par\pard\plain\intbl\fs16\plain\intbl\cf8\f51\fs15\ql (USD $) (in Millions exc
ept Per Share Data)\~\cell\pard\plain\intbl\cf8\f51\fs15\ql 3 Months Ended
lain\intbl\cf8\f51\fs15\ql 3 Months Ended
\par\pard\plain\intbl\fs16\plain\intbl\cf8\f51\fs15\ql 06/30/2009\~\cell{
13\clcbpat13\cellx9630\trrh416\row}}}
{\trowd\clshdng100\clcfpat8\clcbpat8\cellx4866\clvertalc\clshdng100\clcfpat8\clc
bpat8\cellx6057\clvertalc\clshdng100\clcfpat8\clcbpat8\cellx7248\clvertalc\clshd
ng100\clcfpat8\clcbpat8\cellx8439\clvertalc\clshdng100\clcfpat8\clcbpat8\cellx96
30\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql GE Money Japan [Member]\cell\pard\plain\intbl\
30\trrh243\row}}}
cellx6057\clshdng100\clcfpat14\clcbpat14\cellx7248\clshdng100\clcfpat14\clcbpat1
4\cellx8439\clshdng100\clcfpat14\clcbpat14\cellx9630\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Loss from discontinued operations, net of taxe
s\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~(188)\~\~\~\~\cell\pard\plain\intbl\c
f1\f51\fs16\qr $\~(136)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~(571)\~
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~(132)\~\~\~\~\cell{
4\cellx8439\clshdng100\clcfpat14\clcbpat14\cellx9630\trrh243\row}}}
30\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Financial Services (GECS)\cell\pard\plain\intb
30\trrh243\row}}}
{\trowd\clshdng100\clcfpat14\clcbpat14\cellx4866\clvertalc\clshdng100\clcfpat14\
clcbpat14\cellx9752\trrh292
\pard\plain\intbl\cf1\f51\fs16\b\ql Revenues\cell\pard\plain\intbl\cf1\f51\fs20\
ql \~\cell{
clcbpat14\cellx9752\trrh292\row}}}
x6057\clshdng100\clcfpat8\clcbpat8\cellx7248\clshdng100\clcfpat8\clcbpat8\cellx8
439\clshdng100\clcfpat8\clcbpat8\cellx9630\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Sales of goods\cell\pard\plain\intbl\cf1\f51\f
s16\qr 168\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 205\~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\qr 449\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 478
\~\~\~\~\cell{
439\clshdng100\clcfpat8\clcbpat8\cellx9630\trrh243\row}}}
\pard\plain\intbl\cf1\f51\fs16\ql GECS revenues from services\cell\pard\plain\in
tbl\cf1\f51\fs16\qr 12,980\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 13,252\
~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 25,870\~\~\~\~\cell\pard\plain\int
bl\cf1\f51\fs16\qr 27,436\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Total revenues\cell\pard\plain\intbl\cf1\f51\f
s16\ul\qr 13,148\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\
f51\fs16\ul\qr 13,457\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl
\cf1\f51\fs16\ul\qr 26,319\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\
intbl\cf1\f51\fs16\ul\qr 27,914\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\b\ql Costs and expenses\cell\pard\plain\intbl\cf1
\pard\plain\intbl\cf1\f51\fs16\ql Cost of goods sold\cell\pard\plain\intbl\cf1\f
51\fs16\qr 154\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 164\~\~\~\~\cell\pa
rd\plain\intbl\cf1\f51\fs16\qr 419\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
388\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Interest and other financial charges\cell\pard

\plain\intbl\cf1\f51\fs16\qr 3,870\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
4,468\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 7,808\~\~\~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\qr 9,589\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Investment contracts, insurance losses and ins
urance annuity benefits\cell\pard\plain\intbl\cf1\f51\fs16\qr 770\~\~\~\~\cell\p
ard\plain\intbl\cf1\f51\fs16\qr 823\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\q
r 1,557\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,596\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Provision for losses on financing receivables\
cell\pard\plain\intbl\cf1\f51\fs16\qr 2,009\~\~\~\~\cell\pard\plain\intbl\cf1\f5
1\fs16\qr 2,817\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,272\~\~\~\~\cell
\pard\plain\intbl\cf1\f51\fs16\qr 5,153\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Other costs and expenses\cell\pard\plain\intbl
\cf1\f51\fs16\qr 5,637\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,471\~\~\~
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 11,370\~\~\~\~\cell\pard\plain\intbl\cf
1\f51\fs16\qr 11,600\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Total costs and expenses\cell\pard\plain\intbl
intbl\cf1\f51\fs16\ul\qr 13,743\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\ul\qr 25,426\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\p
ard\plain\intbl\cf1\f51\fs16\ul\qr 28,326\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\c
ell{
\pard\plain\intbl\cf1\f51\fs16\ql Earnings (loss) from continuing operations bef
ore income taxes\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 708\plain\intbl\cf1\f5
1\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (286)\plain\intbl\cf
1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 893\plain\intbl\
cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (412)\plain\in
tbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Benefit (provision) for income taxes\cell\pard
\plain\intbl\cf1\f51\fs16\qr 101\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6
70\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 458\~\~\~\~\cell\pard\plain\int
bl\cf1\f51\fs16\qr 1,821\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Earnings from continuing operations\cell\pard\
plain\intbl\cf1\f51\fs16\ul\qr 809\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\par
d\plain\intbl\cf1\f51\fs16\ul\qr 384\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\p
ard\plain\intbl\cf1\f51\fs16\ul\qr 1,351\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\ce
ll\pard\plain\intbl\cf1\f51\fs16\ul\qr 1,409\plain\intbl\cf1\f51\fs16\qr \~\~\~\
~\cell{
s\cell\pard\plain\intbl\cf1\f51\fs16\qr (188)\~\~\~\~\cell\pard\plain\intbl\cf1\
f51\fs16\qr (193)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (575)\~\~\~\~\ce
ll\pard\plain\intbl\cf1\f51\fs16\qr (197)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Net earnings\cell\pard\plain\intbl\cf1\f51\fs1
6\ul\qr 621\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\f
s16\ul\qr 191\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51
\fs16\ul\qr 776\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f
51\fs16\ul\qr 1,212\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Less net earnings (loss) attributable to nonco
ntrollng interests\cell\pard\plain\intbl\cf1\f51\fs16\qr (13)\~\~\~\~\cell\pard\
plain\intbl\cf1\f51\fs16\qr 17\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (10
)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 63\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Net earnings attributable to the Company\cell\
pard\plain\intbl\cf1\f51\fs16\ul\qr 634\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cel
l\pard\plain\intbl\cf1\f51\fs16\ul\qr 174\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\ul\qr 786\plain\intbl\cf1\f51\fs16\qr \~\~\~\~

\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 1,149\plain\intbl\cf1\f51\fs16\qr \~\~
\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Net earnings attributable to GE common shareow
ners\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 634\plain\intbl\cf1\f51\fs16\qr \~
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 174\plain\intbl\cf1\f51\fs16\qr
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 786\plain\intbl\cf1\f51\fs16\q
r \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 1,149\plain\intbl\cf1\f51\fs
16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\b\ql Amounts attributable to the Company\cell\par
plain\intbl\cf1\f51\fs16\qr 822\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 36
7\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,361\~\~\~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\qr 1,346\~\~\~\~\cell{
s, attributable to the\plain\intbl\cf1\f51\fs16\ql Company\cell\pard\plain\intb
l\cf1\f51\fs16\qr (188)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (193)\~\~\
~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (575)\~\~\~\~\cell\pard\plain\intbl\cf
1\f51\fs16\qr (197)\~\~\~\~\cell{
\~\~\cell{
30\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Basic\cell\pard\plain\intbl\f0\fs16\ql \~\cell
30\trrh243\row}}}
\pard\plain\intbl\cf1\f51\fs16\ql Preferred stock dividends declared\cell\pard\p
lain\intbl\cf1\f51\fs16\qr (75)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (7
5)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (150)\~\~\~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr (150)\~\~\~\~\cell{
1\f51\fs16\qr (215)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\b\ql Earnings from continuing operations\cell\par
\pard\plain\intbl\cf1\f51\fs16\ql Basic earnings per share\cell\pard\plain\intbl
\cf1\f51\fs16\qr $\~0.30\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~0.26\~
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~0.51\~\~\~\~\cell\pard\plain\int
bl\cf1\f51\fs16\qr $\~0.53\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\b\ql Net earnings\cell\pard\plain\intbl\cf1\f51\f
s20\ql \~\cell{

bl\cf1\f51\fs16\qr $\~0.51\~\~\~\~\cell{
30\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Noncontrolling interest\cell\pard\plain\intbl\
30\trrh243\row}}}
ntrollng interests\cell\pard\plain\intbl\cf1\f51\fs16\qr 105\~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\qr 12\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 166\
~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 97\~\~\~\~\cell{
30\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Diluted\cell\pard\plain\intbl\f0\fs16\ql \~\ce
30\trrh243\row}}}

1\f51\fs16\qr (215)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Diluted earnings per share\cell\pard\plain\int
bl\cf1\f51\fs16\qr $\~0.30\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~0.26
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~0.51\~\~\~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr $\~0.53\~\~\~\~\cell{
s20\ql \~\cell{
30\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql WMC Discontinued Operations [Member]\cell\pard
ntbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
30\trrh243\row}}}
s\cell\pard\plain\intbl\cf1\f51\fs16\qr 1\~\~\~\~\cell\pard\plain\intbl\cf1\f51\
fs16\qr (5)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3)\~\~\~\~\cell\pard\
plain\intbl\cf1\f51\fs16\qr (11)\~\~\~\~\cell{
30\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql GE [Member]\cell\pard\plain\intbl\f0\fs16\ql \
30\trrh243\row}}}
ql \~\cell{
s16\qr 14,736\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f5
1\fs16\qr 15,701\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1
\f51\fs16\qr 28,225\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\
cf1\f51\fs16\qr 29,514\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Sales of services\cell\pard\plain\intbl\cf1\f5
1\fs16\qr 9,667\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\
f51\fs16\qr 10,311\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\c
f1\f51\fs16\qr 19,687\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intb
l\cf1\f51\fs16\qr 20,520\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Other income\cell\pard\plain\intbl\cf1\f51\fs1
6\qr 304\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs1
6\qr 80\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16
\qr 680\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16
\qr 559\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql GECS earnings from continuing operations\cell\
pard\plain\intbl\cf1\f51\fs16\qr 822\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\
pard\plain\intbl\cf1\f51\fs16\qr 1,361\plain\intbl\cf1\f51\fs14\qr\super [1]\cel
l\pard\plain\intbl\cf1\f51\fs16\qr 1,346\plain\intbl\cf1\f51\fs14\qr\super [1]\c
ell{
s16\ul\qr 25,529\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1
\f51\fs16\ul\qr 26,459\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\int
bl\cf1\f51\fs16\ul\qr 49,953\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\pla
in\intbl\cf1\f51\fs16\ul\qr 51,939\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
51\fs16\qr 10,975\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf
1\f51\fs16\qr 12,287\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl
\cf1\f51\fs16\qr 21,286\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\in
tbl\cf1\f51\fs16\qr 23,509\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cost of services sold\cell\pard\plain\intbl\cf
1\f51\fs16\qr 6,134\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\
cf1\f51\fs16\qr 6,493\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intb
l\cf1\f51\fs16\qr 13,186\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr 13,280\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\plain\intbl\cf1\f51\fs16\qr (430)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
(348)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (773)\~\~\~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\qr (724)\~\~\~\~\cell{
\cf1\f51\fs16\qr 3,589\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\int
bl\cf1\f51\fs16\qr 3,556\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr 7,126\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain
\intbl\cf1\f51\fs16\qr 6,920\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\cf1\f51\fs16\ul\qr 21,128\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain
\intbl\cf1\f51\fs16\ul\qr 22,684\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard
\plain\intbl\cf1\f51\fs16\ul\qr 42,371\plain\intbl\cf1\f51\fs14\qr\super [1]\cel
l\pard\plain\intbl\cf1\f51\fs16\ul\qr 44,433\plain\intbl\cf1\f51\fs14\qr\super [
1]\cell{
ore income taxes\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 4,401\plain\intbl\cf1\
f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 3,775\plain\intbl
\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 7,582\plain\
intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 7,506\p
lain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\plain\intbl\cf1\f51\fs16\qr 986\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8
97\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,774\~\~\~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr 1,739\~\~\~\~\cell{
plain\intbl\cf1\f51\fs16\ul\qr 3,415\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\
pard\plain\intbl\cf1\f51\fs16\ul\qr 2,878\plain\intbl\cf1\f51\fs14\qr\super [1]\
cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,808\plain\intbl\cf1\f51\fs14\qr\super
[1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,767\plain\intbl\cf1\f51\fs14\qr\
super [1]\cell{
s\cell\pard\plain\intbl\cf1\f51\fs16\qr (188)\plain\intbl\cf1\f51\fs14\qr\super
[1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (194)\plain\intbl\cf1\f51\fs14\qr\supe
r [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (578)\plain\intbl\cf1\f51\fs14\qr\su
per [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (215)\plain\intbl\cf1\f51\fs14\qr\
super [1]\cell{
6\ul\qr 3,227\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f5
1\fs16\ul\qr 2,684\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\c
f1\f51\fs16\ul\qr 5,230\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\in
tbl\cf1\f51\fs16\ul\qr 5,552\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
ntrollng interests\cell\pard\plain\intbl\cf1\f51\fs16\qr 118\plain\intbl\cf1\f51
\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (5)\plain\intbl\cf1\f51
\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 176\plain\intbl\cf1\f51
\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 34\plain\intbl\cf1\f51\
fs14\qr\super [1]\cell{
super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,518\plain\intbl\cf1\f51\fs1
4\qr\super [1]\cell{
lain\intbl\cf1\f51\fs16\qr (75)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\
plain\intbl\cf1\f51\fs16\qr (75)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard
\plain\intbl\cf1\f51\fs16\qr (150)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pa
rd\plain\intbl\cf1\f51\fs16\qr (150)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
ners\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 3,034\plain\intbl\cf1\f51\fs14\qr\
4\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 4,904\plain\intbl\cf1\f5
1\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,368\plain\intbl\c
f1\f51\fs14\qr\super [1]\cell{
plain\intbl\cf1\f51\fs16\qr 3,297\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\par
d\plain\intbl\cf1\f51\fs16\qr 2,883\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\p
ard\plain\intbl\cf1\f51\fs16\qr 5,632\plain\intbl\cf1\f51\fs14\qr\super [1]\cell
\pard\plain\intbl\cf1\f51\fs16\qr 5,733\plain\intbl\cf1\f51\fs14\qr\super [1]\ce
ll{
1\f51\fs16\qr (215)\~\~\~\~\cell{
30\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql GE Industrial Discontinued Operations [Member]
30\trrh243\row}}}
s\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51
\fs16\qr (1)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3)\~\~\~\~\cell\pard
\plain\intbl\cf1\f51\fs16\qr (18)\~\~\~\~\cell{
30\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql GECS Disc Ops [Member]\cell\pard\plain\intbl\f
30\trrh243\row}}}
ql \~\cell{
s16\qr 14,905\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 15,906\~\~\~\~\cell\
pard\plain\intbl\cf1\f51\fs16\qr 28,670\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs
16\qr 29,978\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Sales of services\cell\pard\plain\intbl\cf1\f5
1\fs16\qr 9,599\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,172\~\~\~\~\cel
l\pard\plain\intbl\cf1\f51\fs16\qr 19,507\~\~\~\~\cell\pard\plain\intbl\cf1\f51\
fs16\qr 20,227\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Other income\cell\pard\plain\intbl\cf1\f51\fs1
6\qr 278\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 34\~\~\~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\qr 628\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 462\~\
~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql GECS revenues from services\cell\pard\plain\in
tbl\cf1\f51\fs16\qr 12,662\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,996\

~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 25,244\~\~\~\~\cell\pard\plain\int
bl\cf1\f51\fs16\qr 26,879\~\~\~\~\cell{
s16\ul\qr 37,444\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\
f51\fs16\ul\qr 39,108\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl
intbl\cf1\f51\fs16\ul\qr 77,546\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
51\fs16\qr 11,129\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,450\~\~\~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\qr 21,701\~\~\~\~\cell\pard\plain\intbl\cf1\f5
1\fs16\qr 23,883\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cost of services sold\cell\pard\plain\intbl\cf
1\f51\fs16\qr 6,067\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,354\~\~\~\~\
cell\pard\plain\intbl\cf1\f51\fs16\qr 13,007\~\~\~\~\cell\pard\plain\intbl\cf1\f
51\fs16\qr 12,987\~\~\~\~\cell{
4,653\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,332\~\~\~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\qr 9,980\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Investment contracts, insurance losses and ins
urance annuity benefits\cell\pard\plain\intbl\cf1\f51\fs16\qr 722\~\~\~\~\cell\p
r 1,469\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,525\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Provision for losses on financing receivables\
cell\pard\plain\intbl\cf1\f51\fs16\qr 2,009\~\~\~\~\cell\pard\plain\intbl\cf1\f5
1\fs16\qr 2,817\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,272\~\~\~\~\cell
\cf1\f51\fs16\qr 9,059\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,933\~\~\~
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 18,154\~\~\~\~\cell\pard\plain\intbl\cf
1\f51\fs16\qr 18,270\~\~\~\~\cell{
intbl\cf1\f51\fs16\ul\qr 35,986\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\ul\qr 66,935\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\p
ard\plain\intbl\cf1\f51\fs16\ul\qr 71,798\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\c
ell{
ore income taxes\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 4,287\plain\intbl\cf1\
f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 3,122\plain\intbl\
cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 7,114\plain\in
tbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,748\plai
n\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\plain\intbl\cf1\f51\fs16\qr (885)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
(227)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,316)\~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\qr 82\~\~\~\~\cell{

plain\intbl\cf1\f51\fs16\ul\qr 3,402\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\p
ard\plain\intbl\cf1\f51\fs16\ul\qr 2,895\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\ce
ll\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,798\plain\intbl\cf1\f51\fs16\qr \~\~\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,830\plain\intbl\cf1\f51\fs16\qr \~\
~\~\~\cell{
6\ul\qr 3,214\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51
\fs16\ul\qr 2,701\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1
\f51\fs16\ul\qr 5,220\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl
\cf1\f51\fs16\ul\qr 5,615\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
ntrollng interests\cell\pard\plain\intbl\cf1\f51\fs16\qr 105\~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\qr 12\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 166\
pard\plain\intbl\cf1\f51\fs16\ul\qr 3,109\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\ul\qr 2,689\plain\intbl\cf1\f51\fs16\qr \~\~\~
\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,054\plain\intbl\cf1\f51\fs16\qr \~
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,518\plain\intbl\cf1\f51\fs16\q
r \~\~\~\~\cell{
ners\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 3,034\plain\intbl\cf1\f51\fs16\qr
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 2,614\plain\intbl\cf1\f51\fs16
\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 4,904\plain\intbl\cf1\f51\
fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,368\plain\intbl\cf1\
f51\fs16\qr \~\~\~\~\cell{
plain\intbl\cf1\f51\fs16\qr 3,297\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
2,883\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,632\~\~\~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\qr 5,733\~\~\~\~\cell{
1\f51\fs16\qr (215)\~\~\~\~\cell{
pard\plain\intbl\cf1\f51\fs16\ul\qr $\~3,109\plain\intbl\cf1\f51\fs16\qr \~\~\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr $\~2,689\plain\intbl\cf1\f51\fs16\qr
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr $\~5,054\plain\intbl\cf1\f51\f
s16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr $\~5,518\plain\intbl\cf
1\f51\fs16\qr \~\~\~\~\cell{
bl\cf1\f51\fs16\qr $\~0.3\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~0.26\
~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~0.51\~\~\~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\qr $\~0.53\~\~\~\~\cell{
\cf1\f51\fs16\qr $\~0.3\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~0.26\~\
~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~0.51\~\~\~\~\cell\pard\plain\intb
l\cf1\f51\fs16\qr $\~0.53\~\~\~\~\cell{
s20\ql \~\cell{
bl\cf1\f51\fs16\qr $\~0.51\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Dividends declared per common share\cell\pard\
plain\intbl\cf1\f51\fs16\qr $\~0.1\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
$\~0.1\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~0.2\~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\qr $\~0.41\~\~\~\~\cell{
4\cellx8439\clshdng100\clcfpat14\clcbpat14\cellx9630\trrh243\row}}}\pard\plain\c
f1\f51\fs16\ql [1] - Represents the adding together of all affiliated companies
except General Electric Capital Services, Inc. (GECS or financial services), whi
ch is presented\plain\cf1\f51\fs16\ql on a one-line basis.
\page\par\pard\plain\f0\fs16\par\pard\plain\cf1\f51\fs18\b\qc Condensed Statemen
t of Financial Position{\*\bkmkstart gmnh7193a988e5f19f43dab5f378ec476d5f}{\*\bk
mkend gmnh7193a988e5f19f43dab5f378ec476d5f}
\par\pard\plain
8\trrh416
\pard\plain\intbl\cf8\f51\fs15\ql Condensed Statement of Financial Position
\par\pard\plain\intbl\fs16\plain\intbl\cf8\f51\fs15\ql (USD $) (in Millions)\~\
cell\pard\plain\intbl\cf8\f51\fs15\ql 06/30/2010\~\cell\pard\plain\intbl\cf8\f51
\fs15\ql 12/31/2009\~\cell{
8\trrh416\row}}}
bpat8\cellx9528\clvertalc\clshdng100\clcfpat8\clcbpat8\cellx10488\trrh243
bpat8\cellx9528\clvertalc\clshdng100\clcfpat8\clcbpat8\cellx10488\trrh243\row}}}
\pard\plain\intbl\cf1\f51\fs16\b\ql Assets\cell\pard\plain\intbl\cf1\f51\fs20\ql
\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash and equivalents\cell\pard\plain\intbl\cf1
\f51\fs16\qr $\~61,547\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~64,356\~
\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Investment securities\cell\pard\plain\intbl\cf
1\f51\fs16\qr 42,083\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 51,913\~\~\~\
~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Inventories\cell\pard\plain\intbl\cf1\f51\fs16
\qr 71\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 71\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Financing receivables - net\cell\pard\plain\in
tbl\cf1\f51\fs16\qr 333,262\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 377,11
4\plain\intbl\cf1\f51\fs14\qr\super [22]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Other GECS receivables\cell\pard\plain\intbl\c
f1\f51\fs16\qr 13,093\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 18,752\~\~\~
\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Property, plant and equipment - net\cell\pard\

56,717\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Goodwill\cell\pard\plain\intbl\cf1\f51\fs16\qr
27,143\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 28,961\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Other intangible assets - net\cell\pard\plain\
intbl\cf1\f51\fs16\qr 2,793\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,479\
~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql All other assets\cell\pard\plain\intbl\cf1\f51
\fs16\qr 82,432\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 87,471\~\~\~\~\cel
l{
\pard\plain\intbl\cf1\f51\fs16\ql Assets of businesses held for sale\cell\pard\p
lain\intbl\cf1\f51\fs16\qr 599\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 125
\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Assets of discontinued operations\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr 1,203\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,
470\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Total assets(b)\cell\pard\plain\intbl\cf1\f51\
fs16\ul\qr 617,916\plain\intbl\cf1\f51\fs14\qr\super [36]\cell\pard\plain\intbl\
cf1\f51\fs16\ul\qr 650,241\plain\intbl\cf1\f51\fs14\qr\super [36]\cell{
\pard\plain\intbl\cf1\f51\fs16\b\ql Liabilities and equity\cell\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql Short-term borrowings\cell\pard\plain\intbl\cf
~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Accounts payable, principally trade accounts\c
\fs16\qr 13,275\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Non-recourse borrowings of consolidated securi
tization entities\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,100\~\~\~\~\cell\pard\
plain\intbl\cf1\f51\fs16\qr 2,424\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Bank deposits\cell\pard\plain\intbl\cf1\f51\fs
16\qr 10,882\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,476\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Long-term borrowings\cell\pard\plain\intbl\cf1
\f51\fs16\qr 3,795\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,667\~\~\~\~\c
ell{
\pard\plain\intbl\cf1\f51\fs16\ql Investment contracts, insurance liabilities an
d insurance annuity benefits\cell\pard\plain\intbl\cf1\f51\fs16\qr 31,015\~\~\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 32,009\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql All other liabilities\cell\pard\plain\intbl\cf
~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Deferred income taxes\cell\pard\plain\intbl\cf
cell{
\pard\plain\intbl\cf1\f51\fs16\ql Liabilities of businesses held for sale\cell\p
r 55\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Liabilities of discontinued operations\cell\pa
rd\plain\intbl\cf1\f51\fs16\qr 1,214\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\
qr 1,138\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Total liabilities(b)\cell\pard\plain\intbl\cf1
\f51\fs16\ul\qr 549,551\plain\intbl\cf1\f51\fs14\qr\super [36]\cell\pard\plain\i
ntbl\cf1\f51\fs16\ul\qr 577,360\plain\intbl\cf1\f51\fs14\qr\super [36]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Common stock (10,691,220,000 and 10,663,075,00
0 shares outstanding at June 30, 2010 and December 31, 2009, respectively)\cell\
pard\plain\intbl\cf1\f51\fs16\qr 1\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
1\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\b\ql Accumulated other comprehensive income - net
(c)\cell\pard\plain\intbl\cf1\f51\fs20\ql \~\cell{
1\f51\fs16\qr 289\plain\intbl\cf1\f51\fs14\qr\super [35]\cell\pard\plain\intbl\c
f1\f51\fs16\qr (436)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Currency translation adjustments\cell\pard\pla
in\intbl\cf1\f51\fs16\qr (2,636)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell\par
d\plain\intbl\cf1\f51\fs16\qr 1,372\plain\intbl\cf1\f51\fs14\qr\super [35]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash flow hedges\cell\pard\plain\intbl\cf1\f51
\fs16\qr (1,268)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell\pard\plain\intbl\cf
1\f51\fs16\qr (1,769)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Benefit plans\cell\pard\plain\intbl\cf1\f51\fs
16\qr (369)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell\pard\plain\intbl\cf1\f51
\fs16\qr (434)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Other capital\cell\pard\plain\intbl\cf1\f51\fs
\pard\plain\intbl\cf1\f51\fs16\ql Retained earnings\cell\pard\plain\intbl\cf1\f5
1\fs16\qr 43,667\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 44,508\~\~\~\~\ce
ll{
\pard\plain\intbl\cf1\f51\fs16\ql Total GE shareowners' equity\cell\pard\plain\i
ntbl\cf1\f51\fs16\ul\qr 67,267\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\pl
ain\intbl\cf1\f51\fs16\ul\qr 70,833\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Noncontrolling interests(d)\cell\pard\plain\in
tbl\cf1\f51\fs16\qr 1,098\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,048\~\
~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Total equity\cell\pard\plain\intbl\cf1\f51\fs1
6\ul\qr 68,365\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f5
\pard\plain\intbl\cf1\f51\fs16\ql Total liabilities and equity\cell\pard\plain\i
ntbl\cf1\f51\fs16\ul\qr 617,916\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\ul\qr 650,241\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Trinity [Member]\cell\pard\plain\intbl\f0\fs16
\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\~\cell{
\cf1\f51\fs16\qr 6,629\plain\intbl\cf1\f51\fs14\qr\super [27]\cell{
clcbpat14\cellx9528\clvertalc\clshdng100\clcfpat14\clcbpat14\cellx10488\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Investment in Unconsolidated VIEs [Member]\cel
clcbpat14\cellx9528\clvertalc\clshdng100\clcfpat14\clcbpat14\cellx10488\trrh243\
row}}}
\~\cell{
tbl\cf1\f51\fs16\qr 1,750\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 769\~\~\
~\~\cell{
\fs16\qr 9,515\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,911\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Assets Held-for-sale [Member]\cell\pard\plain\
row}}}
\~\cell{
\f51\fs16\qr 62\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Current receivables\cell\pard\plain\intbl\cf1\
f51\fs16\qr 1,932\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,188\~\~\~\~\ce
ll{
tbl\cf1\f51\fs16\qr 467\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~
\cell{
1,978\~\~\~\~\cell{
intbl\cf1\f51\fs16\qr 2,639\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,866\
~\~\~\~\cell{
lain\intbl\cf1\f51\fs16\qr 33,289\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
34,111\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Variable Interest, Held by Entity [Member]\cel
row}}}
tization entities\cell\pard\plain\intbl\cf1\f51\fs16\qr 32,696\~\~\~\~\cell\pard
\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Consolidated Liquidating Securitization Entiti
es [Member]\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql
\~\cell{
\~\cell{
tbl\cf1\f51\fs16\qr 2,222\plain\intbl\cf1\f51\fs14\qr\super [27]\cell\pard\plain
\pard\plain\intbl\cf1\f51\fs16\ql Liabilities Held-for-sale [Member]\cell\pard\p
lain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
row}}}
ell\pard\plain\intbl\cf1\f51\fs16\qr 448\~\~\~\~\cell\pard\plain\intbl\cf1\f51\f
s16\qr 451\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Other GE current liabilities\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr 3,755\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,139\~
\~\~\~\cell{
\f51\fs16\qr 4,810\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2\~\~\~\~\cell{
cell{
ard\plain\intbl\cf1\f51\fs16\qr 10,364\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs1
6\qr 6,092\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Supporting Obligations to holders of GIC and I
nvestment Securities at Global Banks [Member]\cell\pard\plain\intbl\f0\fs16\ql \
\~\cell{
~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql NBCU Assets and Liabilities Held For Sale [Mem
ber]\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cel
l{
row}}}
\~\cell{
f51\fs16\qr 1,932\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,136\~\~\~\~\ce
ll{
1,805\~\~\~\~\cell{
32,150\~\~\~\~\cell{
ell\pard\plain\intbl\cf1\f51\fs16\qr 427\~\~\~\~\cell\pard\plain\intbl\cf1\f51\f
s16\qr 398\~\~\~\~\cell{
ntbl\cf1\f51\fs16\qr 3,751\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,051\~
\~\~\~\cell{
\f51\fs16\qr 4,810\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell
{
cell{
6\qr 5,751\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Securitization QSPEs [Member]\cell\pard\plain\
row}}}
\~\cell{
tbl\cf1\f51\fs16\qr 36,758\plain\intbl\cf1\f51\fs14\qr\super [10]\cell\pard\plai
n\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Subordinated Notes Guaranteed By GE [Member]\c
\f51\fs16\qr 417\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 417\~\~\~\~\cell{
row}}}
\~\cell{
\f51\fs16\qr 12,861\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\
cf1\f51\fs16\qr 8,654\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
1\f51\fs16\qr 21\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1
\f51\fs16\qr 30\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
f51\fs16\qr 9,471\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf
1\f51\fs16\qr 9,818\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\qr 11,295\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\f
s16\qr 11,916\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
plain\intbl\cf1\f51\fs16\qr 11,668\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pa
rd\plain\intbl\cf1\f51\fs16\qr 12,495\plain\intbl\cf1\f51\fs14\qr\super [1]\cell
{
\pard\plain\intbl\cf1\f51\fs16\ql Investment in GECS\cell\pard\plain\intbl\cf1\f

35,951\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16
\qr 36,613\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
intbl\cf1\f51\fs16\qr 8,153\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plai
n\intbl\cf1\f51\fs16\qr 8,450\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\fs16\qr 16,991\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\
f51\fs16\qr 17,097\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
lain\intbl\cf1\f51\fs16\qr 32,690\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\par
ain\intbl\cf1\f51\fs16\qr 50\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\pla
in\intbl\cf1\f51\fs16\qr 50\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
fs16\ul\qr 206,418\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\c
f1\f51\fs16\ul\qr 209,942\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
1\f51\fs16\qr 289\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf
1\f51\fs16\qr 504\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
ell\pard\plain\intbl\cf1\f51\fs16\qr 10,101\plain\intbl\cf1\f51\fs14\qr\super [1
]\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,373\plain\intbl\cf1\f51\fs14\qr\super
[1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Progress collections and price adjustments acc
rued\cell\pard\plain\intbl\cf1\f51\fs16\qr 11,514\plain\intbl\cf1\f51\fs14\qr\su
per [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,957\plain\intbl\cf1\f51\fs14\qr
\super [1]\cell{
ntbl\cf1\f51\fs16\qr 14,313\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plai
n\intbl\cf1\f51\fs16\qr 14,527\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\f51\fs16\qr 9,617\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\c
f1\f51\fs16\qr 11,681\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\cf1\f51\fs16\qr 35,232\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
1\f51\fs16\qr (4,217)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intb
l\cf1\f51\fs16\qr (4,620)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
ard\plain\intbl\cf1\f51\fs16\qr 10,103\plain\intbl\cf1\f51\fs14\qr\super [1]\cel
l\pard\plain\intbl\cf1\f51\fs16\qr 6,037\plain\intbl\cf1\f51\fs14\qr\super [1]\c
ell{
rd\plain\intbl\cf1\f51\fs16\qr 167\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pa
rd\plain\intbl\cf1\f51\fs16\qr 163\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\f51\fs16\ul\qr 86,791\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\int
bl\cf1\f51\fs16\ul\qr 86,854\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
pard\plain\intbl\cf1\f51\fs16\qr 702\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
1\f51\fs16\qr (435)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
in\intbl\cf1\f51\fs16\qr (3,319)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard
\plain\intbl\cf1\f51\fs16\qr 3,836\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\fs16\qr (1,290)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1
\f51\fs16\qr (1,734)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
16\qr (16,008)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f
51\fs16\qr (16,932)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
16\qr 37,357\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51
\fs16\qr 37,729\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Less common stock held in treasury\cell\pard\p
lain\intbl\cf1\f51\fs16\qr (31,235)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\p
ard\plain\intbl\cf1\f51\fs16\qr (32,238)\plain\intbl\cf1\f51\fs14\qr\super [1]\c
ell{
ntbl\cf1\f51\fs16\ul\qr 113,934\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\
plain\intbl\cf1\f51\fs16\ul\qr 117,291\plain\intbl\cf1\f51\fs14\qr\super [1]\cel
l{
tbl\cf1\f51\fs16\qr 5,693\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\
intbl\cf1\f51\fs16\qr 5,797\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
6\ul\qr 119,627\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\
f51\fs16\ul\qr 123,088\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
ntbl\cf1\f51\fs16\ul\qr 206,418\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\
plain\intbl\cf1\f51\fs16\ul\qr 209,942\plain\intbl\cf1\f51\fs14\qr\super [1]\cel
l{
\pard\plain\intbl\cf1\f51\fs16\ql Consumer Business [Member]\cell\pard\plain\int
row}}}
\~\cell{
lain\intbl\cf1\f51\fs16\qr 571\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\
~\~\~\~\cell{
l \~\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql GE Industrial Discontinued Operations [Member]
\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{
\~\cell{
ain\intbl\cf1\f51\fs16\qr 50\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 50\~\
~\~\~\cell{
rd\plain\intbl\cf1\f51\fs16\qr 167\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
163\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Security Business [Member]\cell\pard\plain\int
row}}}
\~\cell{

ain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,780
\~\~\~\~\cell{
rd\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
282\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql GECS Disc Ops [Member]\cell\pard\plain\intbl\f
\~\cell{
470\~\~\~\~\cell{
qr 1,138\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Total [Member]\cell\pard\plain\intbl\f0\fs16\q
row}}}
\~\cell{
cell{
tbl\cf1\f51\fs16\qr 43,682\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 6,853\~
\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Total Financing Receivables [Member]\cell\pard
row}}}
\~\cell{
tbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 377,114\pla
in\intbl\cf1\f51\fs14\qr\super [22]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Other [Member]\cell\pard\plain\intbl\f0\fs16\q
\~\cell{
1\f51\fs16\qr 944\plain\intbl\cf1\f51\fs14\qr\super [8]\cell{
tbl\cf1\f51\fs16\qr 4,702\plain\intbl\cf1\f51\fs14\qr\super [8]\cell\pard\plain\
intbl\cf1\f51\fs16\qr 4,277\plain\intbl\cf1\f51\fs14\qr\super [8]\cell{

\~\cell{
\f51\fs16\qr 73,848\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 72,260\~\~\~\~
\cell{
~\cell{
f51\fs16\qr 17,589\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 16,458\~\~\~\~\
cell{
\qr 11,366\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 11,987\~\~\~\~\cell{
tbl\cf1\f51\fs16\qr 324,145\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 329,23
2\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Other GECS receivables\cell\pard\plain\intbl\c
f1\f51\fs16\qr 8,577\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 14,177\~\~\~\
~\cell{
69,212\~\~\~\~\cell{
intbl\cf1\f51\fs16\qr 10,946\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 11,92
9\~\~\~\~\cell{
\fs16\qr 98,363\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 103,417\~\~\~\~\ce
ll{
34,111\~\~\~\~\cell{
520\~\~\~\~\cell{
fs16\ul\qr 749,930\plain\intbl\cf1\f51\fs14\qr\super [36]\cell\pard\plain\intbl\
cf1\f51\fs16\ul\qr 781,818\plain\intbl\cf1\f51\fs14\qr\super [36]\cell{
1\f51\fs16\qr 120,154\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 130,252\~\~\
~\~\cell{
1\fs16\qr 19,703\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Progress collections and price adjustments acc

rued\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,868\~\~\~\~\cell\pard\plain\intbl\
cf1\f51\fs16\qr 12,192\~\~\~\~\cell{
ntbl\cf1\f51\fs16\qr 14,313\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 14,527
\~\~\~\~\cell{
tization entities\cell\pard\plain\intbl\cf1\f51\fs16\qr 33,411\~\~\~\~\cell\pard
\plain\intbl\cf1\f51\fs16\qr 3,883\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Bank deposits\cell\pard\plain\intbl\cf1\f51\fs
\f51\fs16\qr 298,701\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 337,134\~\~\~
\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Investment contracts, insurance liabilities an
d insurance annuity benefits\cell\pard\plain\intbl\cf1\f51\fs16\qr 30,529\~\~\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 31,641\~\~\~\~\cell{
~\cell{
cell{
6\qr 6,092\~\~\~\~\cell{
qr 1,301\~\~\~\~\cell{
\f51\fs16\ul\qr 629,205\plain\intbl\cf1\f51\fs14\qr\super [36]\cell\pard\plain\i
ntbl\cf1\f51\fs16\ul\qr 656,682\plain\intbl\cf1\f51\fs14\qr\super [36]\cell{
pard\plain\intbl\cf1\f51\fs16\qr 702\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\
qr 702\~\~\~\~\cell{
1\f51\fs16\qr 291\plain\intbl\cf1\f51\fs14\qr\super [35]\cell\pard\plain\intbl\c
f1\f51\fs16\qr (435)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell{
in\intbl\cf1\f51\fs16\qr (3,319)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell\par
\fs16\qr (1,290)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell\pard\plain\intbl\cf
1\f51\fs16\qr (1,734)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell{
16\qr (16,008)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell\pard\plain\intbl\cf1\
f51\fs16\qr (16,932)\plain\intbl\cf1\f51\fs14\qr\super [35]\cell{
1\fs16\qr 127,436\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 126,363\~\~\~\~\
cell{
\pard\plain\intbl\cf1\f51\fs16\ql Less common stock held in treasury\cell\pard\p
lain\intbl\cf1\f51\fs16\qr (31,235)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\q
r (32,238)\~\~\~\~\cell{
ntbl\cf1\f51\fs16\ul\qr 113,934\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\ul\qr 117,291\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
tbl\cf1\f51\fs16\qr 6,791\plain\intbl\cf1\f51\fs14\qr\super [56]\cell\pard\plain
6\ul\qr 120,725\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f
ntbl\cf1\f51\fs16\ul\qr $\~749,930\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\par
d\plain\intbl\cf1\f51\fs16\ul\qr $\~781,818\plain\intbl\cf1\f51\fs16\qr \~\~\~\~
\cell{
x9528\clshdng100\clcfpat8\clcbpat8\cellx10488\trrh243\row}}}\pard\plain\cf1\f51\
fs16\ql [22] - Reflects the effects of our adoption of ASU 2009-16\~& 17 on Janu
ary\~1, 2010.\par\pard\plain\f0\fs16\par\pard\plain\cf1\f51\fs16\ql [49] - Finan
cing receivables at June\~30, 2010 and December\~31, 2009 included $1,621 millio
n and $2,704 million, respectively, relating to loans that had been\plain\cf1\f5
1\fs16\ql acquired in a transfer but have been subject to credit deterioration
since origination per ASC 310, Receivables.\par\pard\plain\f0\fs16\par\pard\plai
n\cf1\f51\fs16\ql [36] - Our consolidated assets at June?30, 2010 include total
assets of $53,755 million of certain variable interest entities (VIEs) that can
only be used to settle\plain\cf1\f51\fs16\ql the liabilities of those VIEs. The
se assets include net financing receivables of $42,786 million and investment se
curities of $7,126 million. Our consolidated\plain\cf1\f51\fs16\ql liabilities
at June?30, 2010 include liabilities of certain VIEs for which the VIE creditors
do not have recourse to GE. These liabilities include non-recourse\plain\cf1\f5
1\fs16\ql borrowings of consolidated securitization entities (CSEs) of $32,696
million. See Note?16.\par\pard\plain\f0\fs16\par\pard\plain\cf1\f51\fs16\ql [35]
- The sum of accumulated other comprehensive income\par\pard\plain\f0\fs16\par\

pard\plain\cf1\f51\fs16\ql [27] - Entities consolidated on July 1, 2003 or Janua
ry 1, 2004 as a result of amendments to U.S. GAAP.\par\pard\plain\f0\fs16\par\pa
rd\plain\cf1\f51\fs16\ql [10] - Entities consolidated on January 1, 2010 by the
initial application of ASU 2009-16\~& 17.\par\pard\plain\f0\fs16\par\pard\plain\
cf1\f51\fs16\ql [8] - In certain transactions entered into prior to December 31,
2004, we provided contractual credit and liquidity support to third parties who
funded the\plain\cf1\f51\fs16\ql purchase of securitized or participated inter
ests in assets. We have not entered into additional arrangements since that date
. Liquidity and credit support was\plain\cf1\f51\fs16\ql $1,060 million at June
30, 2010 and $2,088 million at December 31, 2009.\par\pard\plain\f0\fs16\par\pa
rd\plain\cf1\f51\fs16\ql [1] - Represents the adding together of all affiliated
companies except General Electric Capital Services, Inc. (GECS or financial serv
ices), which is presented\plain\cf1\f51\fs16\ql on a one-line basis.\par\pard\p
lain\f0\fs16\par\pard\plain\cf1\f51\fs16\ql [56] - Included accumulated other co
mprehensive income
\page\par\pard\plain\f0\fs16\par\pard\plain\cf1\f51\fs18\b\qc Condensed Statemen
t of Financial Position (Parenthetical){\*\bkmkstart e0adc2ad5b1dc991bc74c370c3a
ed0c8}{\*\bkmkend e0adc2ad5b1dc991bc74c370c3aed0c8}
\par\pard\plain
\trrh416
\pard\plain\intbl\cf8\f51\fs15\ql Condensed Statement of Financial Position
\par\pard\plain\intbl\fs16\plain\intbl\cf8\f51\fs15\ql (Parenthetical) (USD $)
(in Millions except Share Data)\~\cell\pard\plain\intbl\cf8\f51\fs15\ql 06/30/20
10\~\cell\pard\plain\intbl\cf8\f51\fs15\ql 12/31/2009\~\cell{
\trrh416\row}}}
\pard\plain\intbl\cf1\f51\fs16\ql Preferred stock, shares\cell\pard\plain\intbl\
cf1\f51\fs16\qr 30,000\cell\pard\plain\intbl\cf1\f51\fs16\qr 30,000\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Common stock, shares\cell\pard\plain\intbl\cf1
\f51\fs16\qr 10,691,220,000\cell\pard\plain\intbl\cf1\f51\fs16\qr 10,663,075,000
\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Sum of accumulated other comprehensive income
- net\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~(20,326)\cell\pard\plain\intbl\cf
1\f51\fs16\qr $\~(15,265)\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Accumulated other comprehensive income - net a
ttributable to noncontrolling interests\cell\pard\plain\intbl\cf1\f51\fs16\qr (1
85)\cell\pard\plain\intbl\cf1\f51\fs16\qr (188)\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Assets of consolidated variable interest entit
ies that can only be used to settle the liabilities of those VIEs\cell\pard\plai
n\intbl\cf1\f51\fs16\qr 53,755\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Net financing receivables of certain VIEs that
can only be used to settle the liabilities of those VIEs\cell\pard\plain\intbl\
\pard\plain\intbl\cf1\f51\fs16\ql Investment securities of certain VIEs that can
only be used to settle the liabilities of those VIEs\cell\pard\plain\intbl\cf1\
f51\fs16\qr $\~7,126\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Condensed Statement of
Cash Flows{\*\bkmkstart gmnh656596ce5acee5194f8f6d06e8f44c8b}{\*\bkmkend gmnh65
6596ce5acee5194f8f6d06e8f44c8b}
\par\pard\plain
13\clcbpat13\cellx10637\trrh416
\pard\plain\intbl\cf8\f51\fs15\ql Condensed Statement of Cash Flows
\par\pard\plain\intbl\fs16\plain\intbl\cf8\f51\fs15\ql (USD $) (in Millions)\~\
cell\pard\plain\intbl\cf8\f51\fs15\ql 3 Months Ended
13\clcbpat13\cellx10637\trrh416\row}}}
637\trrh243
637\trrh243\row}}}
\pard\plain\intbl\cf1\f51\fs16\b\ql Cash flows - operating activities\cell\pard\

6\qr $\~621\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~191\~\~\~\~\cell\pa
rd\plain\intbl\cf1\f51\fs16\qr $\~776\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16
\qr $\~1,212\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Less net earnings attributable to noncontrolli
ng interests\cell\pard\plain\intbl\cf1\f51\fs16\qr (13)\~\~\~\~\cell\pard\plain\
intbl\cf1\f51\fs16\qr 17\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (10)\~\~\
~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 63\~\~\~\~\cell{
\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Loss from discontinued operations\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr 188\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 193\
~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 575\~\~\~\~\cell\pard\plain\intbl\
cf1\f51\fs16\qr 197\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\b\ql Adjustments to reconcile net earnings attrib
utable to the Company to cash\plain\intbl\cf1\f51\fs16\b\ql provided from opera
ting activities\cell\pard\plain\intbl\cf1\f51\fs20\ql \~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Depreciation and amortization of property, pla
nt and equipment\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plai
n\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,781\~
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,128\~\~\~\~\cell{
1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\p

ard\plain\intbl\cf1\f51\fs16\qr (1,193)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs
16\qr (1,179)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Decrease (increase) in inventories\cell\pard\p
lain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf
1\f51\fs16\qr 4\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Increase (decrease) in accounts payable\cell\p
ard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql
\~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 502\~\~\~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\qr (1,278)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Provision for losses on GECS financing receiva
bles\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,009\~\~\~\~\cell\pard\plain\intbl\c
f1\f51\fs16\qr 2,817\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,272\~\~\~\~
\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,153\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql All other operating activities\cell\pard\plain
\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,564\~\~\~\~\cell\pard\plain\intbl\cf1
\f51\fs16\qr (9,839)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) operating activities - co
ntinuing operations\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\ql \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 10,28
7\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr
(1,665)\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) operating activities - di

scontinued operations\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard
\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (9
2)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (44)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) operating activities\cell
\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 10,195\plain\intbl\cf1\f51\fs
16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (1,709)\plain\intbl\cf1\
f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\b\ql Cash flows - investing activities\cell\pard\
\pard\plain\intbl\cf1\f51\fs16\ql Additions to property, plant and equipment\cel
l\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16
\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,204)\~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\qr (3,299)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Dispositions of property, plant and equipment\
cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\f
s16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,501\~\~\~\~\cell\pard\
\pard\plain\intbl\cf1\f51\fs16\ql Net decrease (increase) in GECS financing rece
ivables\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 17,312\~\~\~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\qr 25,450\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Proceeds from principal business dispositions\
s16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 825\~\~\~\~\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr 8,846\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Payments for principal businesses purchased\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs1
6\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain
\intbl\cf1\f51\fs16\qr (5,637)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql All other investing activities\cell\pard\plain
\f51\fs16\qr 1,027\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) investing activities - co
28,992\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) investing activities - di
\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 26
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 48\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) investing activities\cell
16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 29,040\plain\intbl\cf1\f
51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\b\ql Cash flows - financing activities\cell\pard\
\pard\plain\intbl\cf1\f51\fs16\ql Net increase (decrease) in borrowings (maturit
ies of 90 days or less)\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pa
(537)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (25,512)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Net increase (decrease) in bank deposits\cell\
pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\q
l \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 748\~\~\~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr (6,450)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Newly issued debt (maturities longer than 90 d
ays)\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\
f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 27,291\~\~\~\~\cell
\pard\plain\intbl\cf1\f51\fs16\ql Repayments and other reductions (maturities lo
nger than 90 days)\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\pl
ain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (64,9
22)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (39,122)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Capital contribution from GE to GECS\cell\pard
\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\
cf1\f51\fs16\qr 9,500\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql All other financing activities\cell\pard\plain
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,475)\~\~\~\~\cell\pard\plain\intbl\c
f1\f51\fs16\qr (1,850)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) financing activities - co
in\intbl\cf1\f51\fs16\ql \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (38,8
95)\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\q
r (14,743)\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) financing activities\cell
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (38,895)\plain\intbl\cf1\f51\
fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (14,743)\plain\intbl\c
f1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Effect of currency exchange rate changes on ca
sh and equivalents\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\pl
\pard\plain\intbl\cf1\f51\fs16\ql Increase (decrease) in cash and equivalents\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\
ql \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (2,875)\plain\intbl\cf1\f51
\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 12,535\plain\intbl\cf
1\f51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash and equivalents at beginning of year\cell
\pard\plain\intbl\cf1\f51\fs16\qr 64,540\~\~\~\~\cell\pard\plain\intbl\cf1\f51\f
s16\qr 37,666\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 64,540\~\~\~\~\cell\
pard\plain\intbl\cf1\f51\fs16\qr 37,666\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash and equivalents at June 30\cell\pard\plai
n\intbl\cf1\f51\fs16\qr 61,665\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 50,
201\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 61,665\~\~\~\~\cell\pard\plain
\intbl\cf1\f51\fs16\qr 50,201\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Less cash and equivalents of discontinued oper
ations at June 30\cell\pard\plain\intbl\cf1\f51\fs16\qr 118\~\~\~\~\cell\pard\pl
\pard\plain\intbl\cf1\f51\fs16\ql Cash and equivalents of continuing operations
at June 30\cell\pard\plain\intbl\cf1\f51\fs16\qr 61,547\~\~\~\~\cell\pard\plain\
intbl\cf1\f51\fs16\qr 50,017\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 61,54
7\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 50,017\~\~\~\~\cell{
clcbpat14\cellx7064\clvertalc\clshdng100\clcfpat14\clcbpat14\cellx8255\clvertalc
\clshdng100\clcfpat14\clcbpat14\cellx9446\clvertalc\clshdng100\clcfpat14\clcbpat
14\cellx10637\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Assets Held-for-sale [Member]\cell\pard\plain\
14\cellx10637\trrh243\row}}}
at June 30\cell\pard\plain\intbl\cf1\f51\fs16\qr 62\~\~\~\~\cell\pard\plain\intb
l\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 62\~\~\~\~\ce
ll\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Basic\cell\pard\plain\intbl\f0\fs16\ql \~\cell
cf1\f51\fs16\qr 215\~\~\~\~\cell{
637\trrh243
\pard\plain\intbl\cf1\f51\fs16\ql Noncontrolling interest\cell\pard\plain\intbl\
637\trrh243\row}}}
ng interests\cell\pard\plain\intbl\cf1\f51\fs16\qr 105\~\~\~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr 12\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 166\~\~\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 97\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Diluted\cell\pard\plain\intbl\f0\fs16\ql \~\ce

cf1\f51\fs16\qr 215\~\~\~\~\cell{
637\trrh243
637\trrh243\row}}}
6\qr 3,227\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\f
s16\qr 2,684\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51
\fs16\qr 5,230\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f
51\fs16\qr 5,552\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
ng interests\cell\pard\plain\intbl\cf1\f51\fs16\qr 118\plain\intbl\cf1\f51\fs14\
qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (5)\plain\intbl\cf1\f51\fs14\
qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 176\plain\intbl\cf1\f51\fs14\
qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 34\plain\intbl\cf1\f51\fs14\q
r\super [1]\cell{
cf1\f51\fs16\qr 215\~\~\~\~\cell{
n\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,075\p
lain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,107
\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Earnings from continuing operations retained b
y GECS\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf
1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,361)\plain\int
bl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,346)\plain
\intbl\cf1\f51\fs14\qr\super [1]\cell{
ard\plain\intbl\cf1\f51\fs16\qr (422)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell
\pard\plain\intbl\cf1\f51\fs16\qr 29\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Decrease (increase) in GE current receivables\
s16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 559\plain\intbl\cf1\f51\
fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,836\plain\intbl\cf1\f5
1\fs14\qr\super [1]\cell{
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 559\plain\intbl\cf1\f51\fs14\qr\sup
er [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 246\plain\intbl\cf1\f51\fs14\qr\sup
er [1]\cell{
\~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 201\plain\intbl\cf1\f51\fs14\q
r\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (651)\plain\intbl\cf1\f51\fs14
\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Increase (decrease) in GE progress collections
\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\
fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,486)\plain\intbl\cf1
\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (651)\plain\intbl\c
f1\f51\fs14\qr\super [1]\cell{
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,557\plain\intbl\cf1\f51\fs14\qr\super
[1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (259)\plain\intbl\cf1\f51\fs14\qr\sup
er [1]\cell{
\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr
7,044\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 6,314\plain\intbl\cf1\f51\fs1
4\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 7,044\plain\intbl\cf1\f5

\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (937)\plain\intbl\cf1\f51\f
s14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,325)\plain\intbl\cf1\f
s16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,683\plain\intbl\cf1\f5
1\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 186\plain\intbl\cf1\f5
6\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (19)\plain\intbl\cf1\f51\f
s14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (336)\plain\intbl\cf1\f51
\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Capital contribution from GE to GECS\cell\pard
\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\
cf1\f51\fs16\qr (9,500)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (91)\plain\intbl\cf1\f51\fs14\qr\super
[1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (14)\plain\intbl\cf1\f51\fs14\qr\super
[1]\cell{
in\intbl\cf1\f51\fs16\ql \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 636\p
lain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (1
0,989)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 636\plain\intbl\cf1\f51\fs14\
qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (10,989)\plain\intbl\cf1\f
(1,063)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16
\qr 1,564\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,116\plain\intbl\c
f1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,330\plain\intbl
\cf1\f51\fs14\qr\super [1]\cell{

8)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (
1,559)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Net dispositions (purchases) of GE shares for
treasury\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 178\plain\intbl
\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 484\plain\intbl
\cf1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Dividends paid to shareowners\cell\pard\plain\
intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,287)\plain\intbl\cf1\f51\fs14\qr\supe
r [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (6,705)\plain\intbl\cf1\f51\fs14\qr\
super [1]\cell{
\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (162)\plain\intbl\cf1\f51\fs14\qr\super
[1]\cell\pard\plain\intbl\cf1\f51\fs16\qr (293)\plain\intbl\cf1\f51\fs14\qr\sup
er [1]\cell{
6)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\q
r (5,179)\plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (2,436)\plain\intbl\cf1\f51\f
s14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (5,179)\plain\intbl\cf
1\f51\fs14\qr\super [1]\cell{
ain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (307)
\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 19\
plain\intbl\cf1\f51\fs14\qr\super [1]\cell{
ql \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 4,207\plain\intbl\cf1\f51\f
s14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (9,105)\plain\intbl\cf
1\f51\fs14\qr\super [1]\cell{
\pard\plain\intbl\cf1\f51\fs16\qr 8,654\plain\intbl\cf1\f51\fs14\qr\super [1]\ce
ll\pard\plain\intbl\cf1\f51\fs16\qr 12,090\plain\intbl\cf1\f51\fs14\qr\super [1]
\cell\pard\plain\intbl\cf1\f51\fs16\qr 8,654\plain\intbl\cf1\f51\fs14\qr\super [
1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,090\plain\intbl\cf1\f51\fs14\qr\supe
r [1]\cell{
n\intbl\cf1\f51\fs16\qr 12,861\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard\p
lain\intbl\cf1\f51\fs16\qr 2,985\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\pard
\plain\intbl\cf1\f51\fs16\qr 12,861\plain\intbl\cf1\f51\fs14\qr\super [1]\cell\p
ard\plain\intbl\cf1\f51\fs16\qr 2,985\plain\intbl\cf1\f51\fs14\qr\super [1]\cell
{
at June 30\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,861\plain\intbl\cf1\f51\fs14
\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,985\plain\intbl\cf1\f51\fs
14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 12,861\plain\intbl\cf1\f51
\fs14\qr\super [1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,985\plain\intbl\cf1\f
\pard\plain\intbl\cf1\f51\fs16\ql Security Business [Member]\cell\pard\plain\int
s16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell{
6\qr 3,214\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,701\~\~\~\~\cell\pard
5,615\~\~\~\~\cell{
ng interests\cell\pard\plain\intbl\cf1\f51\fs16\qr 105\~\~\~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr 12\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 166\~\~\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr 97\~\~\~\~\cell{
pard\plain\intbl\cf1\f51\fs16\ul\qr 3,109\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\ul\qr 2,689\plain\intbl\cf1\f51\fs16\qr \~\~\~
\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,054\plain\intbl\cf1\f51\fs16\qr \~
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,518\plain\intbl\cf1\f51\fs16\q
r \~\~\~\~\cell{
cf1\f51\fs16\qr 215\~\~\~\~\cell{
n\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,856\~
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,235\~\~\~\~\cell{
ard\plain\intbl\cf1\f51\fs16\qr (1,615)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs
16\qr (1,150)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Decrease (increase) in GE current receivables\
s16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 892\~\~\~\~\cell\pard\pl
ain\intbl\cf1\f51\fs16\qr 2,187\~\~\~\~\cell{
\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 522\~\~\~\~\cell\pard\plain\intbl\c
f1\f51\fs16\qr 210\~\~\~\~\cell{
\~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 593\~\~\~\~\cell\pard\plain\in
tbl\cf1\f51\fs16\qr (984)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Increase (decrease) in GE progress collections
\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\
fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,452)\~\~\~\~\cell\pa
rd\plain\intbl\cf1\f51\fs16\qr (675)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Provision for losses on GECS financing receiva
bles\cell\pard\plain\intbl\cf1\f51\fs16\qr 2,009\~\~\~\~\cell\pard\plain\intbl\c
f1\f51\fs16\qr 2,817\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 4,272\~\~\~\~
\cell\pard\plain\intbl\cf1\f51\fs16\qr 5,153\~\~\~\~\cell{
\f51\fs16\qr (10,131)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) operating activities - di
\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (9
16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 5,534\plain\intbl\cf1\f5
1\fs16\qr \~\~\~\~\cell{
\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (3,019)\~\~\~\~\cell\pard\p
lain\intbl\cf1\f51\fs16\qr (4,459)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Dispositions of property, plant and equipment\
\pard\plain\intbl\cf1\f51\fs16\ql Net decrease (increase) in GECS financing rece
ivables\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\c
f1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 16,669\~\~\~\~\c
ell\pard\plain\intbl\cf1\f51\fs16\qr 25,944\~\~\~\~\cell{
6\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (19)\~\~\~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\qr (5,973)\~\~\~\~\cell{
\f51\fs16\qr 5\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Cash from (used for) investing activities - di
\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 26
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 48\~\~\~\~\cell{
16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 27,202\plain\intbl\cf1\f
51\fs16\qr \~\~\~\~\cell{

(1,357)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (22,964)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Net increase (decrease) in bank deposits\cell\
pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\q
l \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 748\~\~\~\~\cell\pard\plain\i
ntbl\cf1\f51\fs16\qr (6,450)\~\~\~\~\cell{
f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 31,661\~\~\~\~\cell
40)\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (40,681)\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Net dispositions (purchases) of GE shares for
treasury\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\
cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 178\~\~\~\~\cel
l\pard\plain\intbl\cf1\f51\fs16\qr 484\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Dividends paid to shareowners\cell\pard\plain\
intbl\cf1\f51\fs16\ql \~\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\~\~\~\
~\cell\pard\plain\intbl\cf1\f51\fs16\qr (2,287)\~\~\~\~\cell\pard\plain\intbl\cf
1\f51\fs16\qr (6,705)\~\~\~\~\cell{

\~\cell\pard\plain\intbl\cf1\f51\fs16\qr (1,637)\~\~\~\~\cell\pard\plain\intbl\c
f1\f51\fs16\qr (2,143)\~\~\~\~\cell{
34)\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\q
r (28,569)\plain\intbl\cf1\f51\fs16\qr \~\~\~\~\cell{
\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (40,834)\plain\intbl\cf1\f51\
fs16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr (28,569)\plain\intbl\c
f1\f51\fs16\qr \~\~\~\~\cell{
ql \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 1,522\plain\intbl\cf1\f51\f
s16\qr \~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\ul\qr 4,133\plain\intbl\cf1\f
51\fs16\qr \~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\qr 72,444\plain\intbl\cf1\f51\fs14\qr\super [1]\c
ell\pard\plain\intbl\cf1\f51\fs16\qr 48,367\plain\intbl\cf1\f51\fs14\qr\super [1
]\cell\pard\plain\intbl\cf1\f51\fs16\qr 72,444\plain\intbl\cf1\f51\fs14\qr\super
[1]\cell\pard\plain\intbl\cf1\f51\fs16\qr 48,367\plain\intbl\cf1\f51\fs14\qr\su
per [1]\cell{
n\intbl\cf1\f51\fs16\qr 73,966\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 52,
500\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr 73,966\~\~\~\~\cell\pard\plain
\intbl\cf1\f51\fs16\qr 52,500\~\~\~\~\cell{
\pard\plain\intbl\cf1\f51\fs16\ql Less cash and equivalents of discontinued oper
ations at June 30\cell\pard\plain\intbl\cf1\f51\fs16\qr 118\~\~\~\~\cell\pard\pl
at June 30\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~73,848\~\~\~\~\cell\pard\pla
in\intbl\cf1\f51\fs16\qr $\~52,316\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr
$\~73,848\~\~\~\~\cell\pard\plain\intbl\cf1\f51\fs16\qr $\~52,316\~\~\~\~\cell{
446\clshdng100\clcfpat8\clcbpat8\cellx10637\trrh243\row}}}\pard\plain\cf1\f51\fs
16\ql [1] - Represents the adding together of all affiliated companies except Ge
neral Electric Capital Services, Inc. (GECS or financial services), which is pre
sented\plain\cf1\f51\fs16\ql on a one-line basis.
\page\par\pard\plain\f0\fs16\par\pard\plain\cf1\f51\fs18\b\qc Summary of Operati
ng Segments{\*\bkmkstart f52cfe0a3fe26434a5deab0d60d428dc}{\*\bkmkend f52cfe0a3f
e26434a5deab0d60d428dc}
\par\pard\plain
clcfpat13\clcbpat13\cellx10759\trrh416
\pard\plain\intbl\cf8\f51\fs15\ql Summary of Operating Segments
clcfpat13\clcbpat13\cellx10759\trrh416\row}}}
x10759\trrh2310
\pard\plain\intbl\cf1\f51\fs16\ql Summary of Operating Segments\cell\pard\plain\
intbl\cf1\f51\fs16\b\ql Summary of Operating Segments\par\pard\plain\intbl\cf1\f
51\fs16\b\ql General Electric Company and consolidated affiliates
\par\pard\plain\intbl
llx5823\cellx5971\cellx6449\cellx6544\clvertalb\cellx6669\cellx6817\cellx7295\ce
llx7417\clvertalb\cellx7572\cellx7720\cellx8198\cellx8293\trrh-66\trrh0\itap2
\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\i
ntbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
estcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\none
sttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par

}\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain
\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs1
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\no
nesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \p
ar }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\pla
in\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
s16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\ita
p2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\
nonesttables \par }{
llx7417\clvertalb\cellx7572\cellx7720\cellx8198\cellx8293\trrh-66\trrh0\nestrow{
\nonesttables \par }}}}
b\cellx8204\clvertalb\cellx8299\trrh516\itap2
ntbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\
fs13\b\qc Three months ended\plain\intbl\cf1\f51\fs13\b\qc June 30
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc (Unaudited)\itap2\nest
cell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonestt
ables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\
pard\plain\intbl\cf1\f51\fs13\b\qc Six months ended June\plain\intbl\cf1\f51\fs1
3\b\qc 30
ables \par }{
b\cellx8204\clvertalb\cellx8299\trrh516\nestrow{\nonesttables \par }}}}
rtalb\cellx8202\clvertalb\cellx8297\trrh172\itap2
\pard\plain\intbl\cf1\f51\fs13\b\ql (In millions)\itap2\nestcell{\nonesttables \
par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\pl
ain\intbl\cf1\f51\fs13\b\qc 2010\itap2\nestcell{\nonesttables \par }\pard\plain\
intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc 20
09\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
ables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\itap2\nestcell{\nonesttable
s \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard
\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
cf1\f51\fs13\b\qc 2009\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
s16\ql \~\itap2\nestcell{\nonesttables \par }{
rtalb\cellx8202\clvertalb\cellx8297\trrh172\nestrow{\nonesttables \par }}}}
{\trowd\cellx4795\cellx5670\cellx6548\cellx7423\cellx8301\trrh-66\trrh0\itap2
sttables \par }{
{\trowd\cellx4795\cellx5670\cellx6548\cellx7423\cellx8301\trrh-66\trrh0\nestrow{
t12\cellx8198\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx8293\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Revenues\itap2\nestcell{\nonest
tables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }
t12\cellx8198\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx8293\trrh206\nestrow
{\nonesttables \par }}}}
vertalb\cellx8293\trrh206\itap2
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Energy Infrastructure(a)\itap2\ne
stcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nones
ttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \
par }\pard\plain\intbl\cf1\f51\fs16\qr 9,540\itap2\nestcell{\nonesttables \par }
fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 1
0,459\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
sttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables
\par }\pard\plain\intbl\cf1\f51\fs16\qr 18,195\itap2\nestcell{\nonesttables \par
\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f5
1\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr
19,541\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
\nestcell{\nonesttables \par }{
vertalb\cellx8293\trrh206\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Technology Infrastructure(a)\itap
2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\n
onesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 9,637
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestce
ll{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttab
les \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pa
rd\plain\intbl\cf1\f51\fs16\qr 17,720\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\i
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 19,160\itap2
nesttables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql NBC Universal\itap2\nestcell{\non
esttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \pa
r }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plai
n\intbl\cf1\f51\fs16\qr 3,750\itap2\nestcell{\nonesttables \par }\pard\plain\int
bl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nes
tcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 3,565\itap2\nestcell
{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttable
cf1\f51\fs16\qr 8,070\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs

16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
onesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 7,089\itap2\nestcell{\nonest
{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql GE Capital(a)\itap2\nestcell{\non
n\intbl\cf1\f51\fs16\qr 12,297\itap2\nestcell{\nonesttables \par }\pard\plain\in
tbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 12,736\itap2\nestce
rd\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intb
l\cf1\f51\fs16\qr 24,628\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 26,511\itap2\nestcell{\no
ar }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Home & Business Solutions(a)\itap

rd\plain\intbl\cf1\f51\fs16\qr 4,190\itap2\nestcell{\nonesttables \par }\pard\pl
ain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\it
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 4,093\itap2\n
sttables \par }{
cellx5068\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5546\cellx5668\clvertalb\cellx582
x6449\cellx6544\clvertalb\cellx6669\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6817\cl
brdrt\brdrs\brdrcf1\clvertalb\cellx7295\cellx7417\clvertalb\cellx7572\clbrdrt\br
drs\brdrcf1\clvertalb\cellx7720\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8198\cellx8
293\trrh-66\trrh0\itap2
293\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql Total segment revenues\itap2\nest
pard\plain\intbl\cf1\f51\fs16\qr 36,898\itap2\nestcell{\nonesttables \par }\pard

f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 38,566\ita
nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables
\par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\qr 72,803\itap2\nestcell{\nonesttables \par }\pard\plain
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 76,394\itap2\nes
tcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonest
tables \par }{
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcel
l{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttabl
es \par }\pard\plain\intbl\cf1\f51\fs16\qr 546\itap2\nestcell{\nonesttables \par
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 542
sttables \par }{

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Consolidated revenues\itap2\nes
tables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \p
ar }\pard\plain\intbl\cf1\f51\fs16\qr 37,444\itap2\nestcell{\nonesttables \par }
\cellx5068\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5546\cellx5668\clvertalb\cellx5
823\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5971\clbrdrt\brdrdb\brdrcf1\clvertalb\
cellx6449\cellx6544\clvertalb\cellx6669\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx68
17\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7295\cellx7417\clvertalb\cellx7572\clbr
drt\brdrdb\brdrcf1\clvertalb\cellx7720\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx819
8\cellx8293\trrh-66\trrh0\itap2
8\cellx8293\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Segment profit(b)\itap2\nestcel
es \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\par
d\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestc
ell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonestta
bles \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\p
ard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\int
ntbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Energy Infrastructure(a)\itap2\ne
,863\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
stcell{\nonesttables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Technology Infrastructure(a)\itap
sttables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql NBC Universal\itap2\nestcell{\non
n\intbl\cf1\f51\fs16\qr 607\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 539\itap2\nestcell{\no
in\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\
f51\fs16\qr 806\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr 930\itap2\nestcell{\nonesttables \
par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql GE Capital(a)\itap2\nestcell{\non
f51\fs16\qr 1,437\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q

ttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,460\itap2\nestcell{\nonesttabl
es \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Home & Business Solutions(a)\itap
par }\pard\plain\intbl\cf1\f51\fs16\qr 143\itap2\nestcell{\nonesttables \par }\p
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 90\itap
ain\intbl\cf1\f51\fs16\qr 214\itap2\nestcell{\nonesttables \par }\pard\plain\int
tcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 135\itap2\nestcell{\
\par }{

\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql Total segment profit\itap2\nestce
\intbl\cf1\f51\fs16\qr 8,805\itap2\nestcell{\nonesttables \par }\pard\plain\intb
l\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 9,151\itap2\nestcell{
\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables
\par }{
es \par }\pard\plain\intbl\cf1\f51\fs16\qr (331\itap2\nestcell{\nonesttables \pa
r }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\
plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\q
r (538\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\it

ap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{
\par }\pard\plain\intbl\cf1\f51\fs16\qr (626\itap2\nestcell{\nonesttables \par
}\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\pl
fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr
(955\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap
2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql GE interest and other financial c
harges\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\non
esttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (430\itap2\nestcell{\nonesttab
les \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par
}\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\
intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51
\fs16\qr (348\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\
ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
ttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (773\itap2\nestcell{\nonesttable
s \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\
pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\in
tbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\f
s16\qr (724\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql
)\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql GE provision for income taxes\ita

\par }\pard\plain\intbl\cf1\f51\fs16\qr (986\itap2\nestcell{\nonesttables \par }
\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\pla
s16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (
897\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2
ar }\pard\plain\intbl\cf1\f51\fs16\qr (1,774\itap2\nestcell{\nonesttables \par }
1,739\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\ita
p2\nestcell{\nonesttables \par }{

ns attributable\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
ttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
r }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql to the Company\itap2\nestcell{\no
in\intbl\cf1\f51\fs16\qr 3,297\itap2\nestcell{\nonesttables \par }\pard\plain\in
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 2,883\itap2\nestcel
\cf1\f51\fs16\qr 5,632\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 5,733\itap2\nestcell{\nones
}{
, net of taxes, attributable to the\plain\intbl\cf1\f51\fs16\ql Company\itap2\n
}\pard\plain\intbl\cf1\f51\fs16\qr (188\itap2\nestcell{\nonesttables \par }\par
d\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\i
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (194\
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nes
\pard\plain\intbl\cf1\f51\fs16\qr (578\itap2\nestcell{\nonesttables \par }\pard\
plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\int
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (215\it
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestc
ell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Consolidated net earnings attri
butable to the Company\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
s16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 3,109\itap
par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\par
d\plain\intbl\cf1\f51\fs16\qr 2,689\itap2\nestcell{\nonesttables \par }\pard\pla
in\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
{\trowd\cellx332\cellx8302\trrh413\itap2
\pard\plain\intbl\brdrb\brdrs\cf1\f51\fs16\ql (a)\itap2\nestcell{\nonesttables \
par }\pard\plain\intbl\cf1\f51\fs16\ql Effective January 1, 2010, we reorganized
our segments. We have reclassified prior-period amounts to conform\plain\intbl\
cf1\f51\fs16\ql to the current-period presentation. See Note 1 for a descriptio
n of the reorganization.\itap2\nestcell{\nonesttables \par }{
{\trowd\cellx332\cellx8302\trrh413\nestrow{\nonesttables \par }}}}
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (b)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Segment profit always excludes the effects of princip
al pension plans, results reported as discontinued operations,\plain\intbl\cf1\f
51\fs16\ql earnings attributable to noncontrolling interests of consolidated su
bsidiaries and accounting changes, and may\plain\intbl\cf1\f51\fs16\ql exclude
matters such as charges for restructuring; rationalization and other similar exp
enses; in-process research\plain\intbl\cf1\f51\fs16\ql and development and cert
ain other acquisition-related charges and balances; technology and product devel
opment\plain\intbl\cf1\f51\fs16\ql costs; certain gains and losses from acquisi
tions or dispositions; and litigation settlements or other charges,\plain\intbl\
cf1\f51\fs16\ql responsibility for which preceded the current management team.
Segment profit excludes or includes interest and\plain\intbl\cf1\f51\fs16\ql ot
her financial charges and income taxes according to how a particular segment's m
anagement is measured -\plain\intbl\cf1\f51\fs16\ql excluded in determining seg
ment profit, which we sometimes refer to as "operating profit," for Energy\plain
\intbl\cf1\f51\fs16\ql Infrastructure, Technology Infrastructure, NBC Universal
and Home & Business Solutions; included in\plain\intbl\cf1\f51\fs16\ql determi
ning segment profit, which we sometimes refer to as "net earnings," for GE Capit
al.\itap2\nestcell{\nonesttables \par }{
{\trowd\cellx332\cellx8302\trrh2063\nestrow{\nonesttables \par }}}}\cell{
x10759\trrh2310\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Summary of Significant
Accounting Policies{\*\bkmkstart f4f0a7b47d2341f621a289b235f32f78}{\*\bkmkend f
4f0a7b47d2341f621a289b235f32f78}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Summary of Significant Accounting Policies
x10759\trrh0
\pard\plain\intbl\cf1\f51\fs16\ql Summary of Significant Accounting Policies\cel
l\pard\plain\intbl\sb88\cf1\f51\fs16\b\ql 1. SUMMARY OF SIGNIFICANT ACCOUNTING P
OLICIES\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql The accompanying condensed, co
nsolidated financial statements represent the consolidation of General\plain\int
bl\cf1\f51\fs16\ql Electric Company and all companies that we directly or indir
ectly control, either through majority\plain\intbl\cf1\f51\fs16\ql ownership or
otherwise. See Note 1 to the consolidated financial statements for the year end
ed December\plain\intbl\cf1\f51\fs16\ql 31, 2009, included in our Form 8-K file
d on May 6, 2010, which discusses our consolidation and financial\plain\intbl\cf
1\f51\fs16\ql statement presentation. As used in this report on Form 10-Q (Repo
rt) and in our 2009 consolidated\plain\intbl\cf1\f51\fs16\ql financial statemen

ts, "GE" represents the adding together of all affiliated companies except Gener
al Electric\plain\intbl\cf1\f51\fs16\ql Capital Services, Inc. (GECS or financi
al services), which is presented on a one-line basis; GECS consists\plain\intbl\
cf1\f51\fs16\ql of General Electric Capital Services, Inc. and all of its affil
iates; and "Consolidated" represents the adding\plain\intbl\cf1\f51\fs16\ql tog
ether of GE and GECS with the effects of transactions between the two eliminated
.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql Effective January 1, 2010, we reorg
anized our segments to better align our Consumer & Industrial and\plain\intbl\cf
1\f51\fs16\ql Energy businesses for growth. As a result of this reorganization,
we created a new segment called Home &\plain\intbl\cf1\f51\fs16\ql Business So
lutions that includes the Appliances and Lighting businesses from our previous C
onsumer &\plain\intbl\cf1\f51\fs16\ql Industrial segment and the retained porti
on of the GE Fanuc Intelligent Platforms business of our previous\plain\intbl\cf
1\f51\fs16\ql Enterprise Solutions business (formerly within our Technology Inf
rastructure segment). In addition, the\plain\intbl\cf1\f51\fs16\ql Industrial b
usiness of our previous Consumer & Industrial segment and the Sensing & Inspecti
on\plain\intbl\cf1\f51\fs16\ql Technologies and Digital Energy businesses of ou
r previous Enterprise Solutions business are now part of\plain\intbl\cf1\f51\fs1
6\ql the Energy business within the Energy Infrastructure segment. The Security
business of Enterprise Solutions\plain\intbl\cf1\f51\fs16\ql is reported in Co
rporate Items and Eliminations for periods prior to its sale in the first quarte
r of 2010.\plain\intbl\cf1\f51\fs16\ql Also, effective January 1, 2010, the Cap
ital Finance segment was renamed GE Capital and includes all of\plain\intbl\cf1\
f51\fs16\ql the continuing operations of General Electric Capital Corporation (
GECC). In addition, the Transportation\plain\intbl\cf1\f51\fs16\ql Financial Se
rvices business, previously reported in GE Capital Aviation Services (GECAS), is
now included\plain\intbl\cf1\f51\fs16\ql in Commercial Lending and Leasing (CL
L) and our Consumer business in Italy, previously reported in\plain\intbl\cf1\f5
1\fs16\ql Consumer, is now included in CLL. GE includes Energy Infrastructure,
Technology Infrastructure, NBC\plain\intbl\cf1\f51\fs16\ql Universal (NBCU) and
Home & Business Solutions. GECS includes GE Capital.\par\pard\plain\intbl\sb198
\cf1\f51\fs16\ql Beginning in the first quarter of 2010, we have included a sepa
rate line on the statement of cash flows for\plain\intbl\cf1\f51\fs16\ql the ef
fect of currency exchange rate changes on cash and equivalents. We had previousl
y included the\plain\intbl\cf1\f51\fs16\ql effect of currency exchange rate cha
nges on cash and equivalents in "All other operating activities" for GE\plain\in
tbl\cf1\f51\fs16\ql and "All other investing activities" for GECS, as the effec
t was insignificant.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql We have reclassi
fied certain prior-period amounts to conform to the current-period presentation.
Unless\plain\intbl\cf1\f51\fs16\ql otherwise indicated, information in these n
otes to condensed, consolidated financial statements relates to\plain\intbl\cf1\
f51\fs16\ql continuing operations.\par\pard\plain\intbl\sb286\cf1\f51\fs16\b\ql
Accounting Changes\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql On January 1, 2010
, we adopted Financial Accounting Standards Board (FASB) Accounting Standards\pl
ain\intbl\cf1\f51\fs16\ql Update (ASU) 2009-16 and ASU 2009-17, amendments to A
ccounting Standards Codification (ASC) 860,\plain\intbl\cf1\f51\fs16\i\ql Trans
fers and Servicing\plain\intbl\cf1\f51\fs16\ql , and ASC 810,\plain\intbl\cf1\f
51\fs16\i\ql Consolidation\plain\intbl\cf1\f51\fs16\ql , respectively (ASU 20
09-16 & 17). ASU 2009-16\plain\intbl\cf1\f51\fs16\ql eliminates the Qualified S
pecial Purpose Entity (QSPE) concept, and ASU 2009-17 requires that all such\pla
in\intbl\cf1\f51\fs16\ql entities be evaluated for consolidation as Variable In
terest Entities (VIEs). Adoption of these amendments\plain\intbl\cf1\f51\fs16\ql
resulted in the consolidation of all of our sponsored QSPEs. In addition, we c
onsolidated assets of VIEs\plain\intbl\cf1\f51\fs16\ql related to direct invest
ments in entities that hold loans and fixed income securities, a media joint ven
ture\plain\intbl\cf1\f51\fs16\ql and a small number of companies to which we ha
ve extended loans in the ordinary course of business and\plain\intbl\cf1\f51\fs1
6\ql subsequently were subject to a troubled debt restructuring (TDR).\par\pard
\plain\intbl\cf1\f51\fs16\ql We consolidated the assets and liabilities of these
entities at amounts at which they would have been\plain\intbl\cf1\f51\fs16\ql

reported in our financial statements had we always consolidated them.\plain\intb
l\cf1\f51\fs16\ql We also deconsolidated certain entities\plain\intbl\cf1\f51\
fs16\ql where we did not meet the definition of the primary beneficiary under t
he revised guidance; however the effect\plain\intbl\cf1\f51\fs16\ql was insigni
ficant at January 1, 2010.\plain\intbl\cf1\f51\fs16\ql The incremental effect
on total assets and liabilities, net of our\plain\intbl\cf1\f51\fs16\ql investm
ent in these entities, was an increase of $\plain\intbl\cf1\f51\fs16\ql 31,097\
plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 33,042\
plain\intbl\cf1\f51\fs16\ql million, respectively, at\plain\intbl\cf1\f51\fs16
\ql January 1, 2010. The net reduction of total equity (including noncontrollin
g interests) was $\plain\intbl\cf1\f51\fs16\ql 1,945\plain\intbl\cf1\f51\fs16\q
l million at\plain\intbl\cf1\f51\fs16\ql January 1, 2010, principally related
to the reversal of previously recognized securitization gains as a\plain\intbl\
cf1\f51\fs16\ql cumulative effect adjustment to retained earnings. See Note 16
for additional information.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql The amend
ed guidance on ASC 860 changed existing derecognition criteria in a manner that
significantly\plain\intbl\cf1\f51\fs16\ql narrows the types of transactions tha
t will qualify as sales. The revised criteria apply to transfers of\plain\intbl\
cf1\f51\fs16\ql financial assets occurring after December 31, 2009.\par\pard\pl
ain\intbl\sb286\cf1\f51\fs16\ql Interim Period Presentation\par\pard\plain\intbl
\sb88\cf1\f51\fs16\ql The condensed, consolidated financial statements and notes
thereto are unaudited. These statements include\plain\intbl\cf1\f51\fs16\ql al
l adjustments (consisting of normal recurring accruals) that we considered neces
sary to present a fair\plain\intbl\cf1\f51\fs16\ql statement of our results of
operations, financial position and cash flows. The results reported in these\pla
in\intbl\cf1\f51\fs16\ql condensed, consolidated financial statements should no
t be regarded as necessarily indicative of results that\plain\intbl\cf1\f51\fs16
\ql may be expected for the entire year. It is suggested that these condensed,
consolidated financial statements\plain\intbl\cf1\f51\fs16\ql be read in conjun
ction with the financial statements and notes thereto included in our 2009 conso
lidated\plain\intbl\cf1\f51\fs16\ql financial statements. We label our quarterl
y information using a calendar convention, that is, first quarter is\plain\intbl
\cf1\f51\fs16\ql labeled as ending on March 31, second quarter as ending on Jun
e 30, and third quarter as ending on\plain\intbl\cf1\f51\fs16\ql September 30.
It is our longstanding practice to establish interim quarterly closing dates usi
ng a fiscal\plain\intbl\cf1\f51\fs16\ql calendar, which requires our businesses
to close their books on either a Saturday or Sunday, depending on\plain\intbl\c
f1\f51\fs16\ql the business. The effects of this practice are modest and only e
xist within a reporting year. The fiscal\plain\intbl\cf1\f51\fs16\ql closing ca
lendar from 1993 through 2013 is available on our website, www.ge.com/secreports
.\cell{
x10759\trrh0\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Assets and Liabilities
of Businesses Held For Sale and Discontinued Operations{\*\bkmkstart ccdea12e63
7f236984e833b96c07380e}{\*\bkmkend ccdea12e637f236984e833b96c07380e}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Assets and Liabilities of Businesses Held For
Sale and Discontinued Operations
x10759\trrh0
\pard\plain\intbl\cf1\f51\fs16\ql Assets and Liabilities of Businesses Held For
Sale and Discontinued Operations\cell\pard\plain\intbl\sb286\cf1\f51\fs16\b\ql 2

. ASSETS AND LIABILITIES OF BUSINESSES HELD FOR\plain\intbl\cf1\f51\fs16\b\ql S
ALE AND DISCONTINUED OPERATIONS\par\pard\plain\intbl\sb88\cf1\f51\fs16\b\ql Asse
ts and Liabilities of Businesses Held for Sale\par\pard\plain\intbl\sb88\cf1\f51
\fs16\b\ql NBC Universal\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql On December 3
, 2009, we entered into an agreement with Comcast\plain\intbl\cf1\f51\fs16\ql C
orporation to transfer the assets of the NBCU business to a newly\plain\intbl\cf
1\f51\fs16\ql formed entity, which will consist of our NBCU businesses and Comc
ast\plain\intbl\cf1\f51\fs16\ql Corporation's cable networks, regional sports n
etworks, certain digital\plain\intbl\cf1\f51\fs16\ql properties and certain unc
onsolidated investments. Pursuant to the\plain\intbl\cf1\f51\fs16\ql transactio
n, we currently expect to receive $\plain\intbl\cf1\f51\fs16\ql 6,400\plain\int
bl\cf1\f51\fs16\ql million in cash ($\plain\intbl\cf1\f51\fs16\ql 7.1\plain\i
ntbl\cf1\f51\fs16\ql billion less certain adjustments based on various events b
etween\plain\intbl\cf1\f51\fs16\ql contract signing and closing) and will own a
\plain\intbl\cf1\f51\fs16\ql 49\plain\intbl\cf1\f51\fs16\ql % interest in the
newly\plain\intbl\cf1\f51\fs16\ql formed entity. The transaction is subject to
receipt of various regulatory\plain\intbl\cf1\f51\fs16\ql approvals and is exp
ected to close within the next six months.\par\pard\plain\intbl\sb198\cf1\f51\fs
16\ql We also entered into an agreement whereby we will acquire\plain\intbl\cf1\
f51\fs16\ql approximately\plain\intbl\cf1\f51\fs16\ql 38\plain\intbl\cf1\f51\
fs16\ql % of Vivendi's interest in NBCU for $\plain\intbl\cf1\f51\fs16\ql 2,00
0\plain\intbl\cf1\f51\fs16\ql million\plain\intbl\cf1\f51\fs16\ql on Septembe
r 26, 2010, if the transaction described above has not yet\plain\intbl\cf1\f51\f
s16\ql closed. Provided the transaction subsequently closes, we will acquire\pl
ain\intbl\cf1\f51\fs16\ql the remaining Vivendi NBCU interest for $\plain\intbl
\cf1\f51\fs16\ql 3,578\plain\intbl\cf1\f51\fs16\ql million and make an\plain\
intbl\cf1\f51\fs16\ql additional payment of $\plain\intbl\cf1\f51\fs16\ql 222\
plain\intbl\cf1\f51\fs16\ql million related to the previously purchased\plain\
intbl\cf1\f51\fs16\ql shares. If the entity formation transaction closes before
September 26,\plain\intbl\cf1\f51\fs16\ql 2010, we will purchase Vivendi's ent
ire ownership interest in NBCU\plain\intbl\cf1\f51\fs16\ql (20\plain\intbl\cf1\
f51\fs16\ql %) for $\plain\intbl\cf1\f51\fs16\ql 5,800\plain\intbl\cf1\f51\fs1
6\ql million.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql Prior to the sale, NB
CU will borrow approximately $\plain\intbl\cf1\f51\fs16\ql 9,100\plain\intbl\cf1
\f51\fs16\ql million\plain\intbl\cf1\f51\fs16\ql from third-party lenders and
distribute the cash to us. We expect to\plain\intbl\cf1\f51\fs16\ql realize app
roximately $\plain\intbl\cf1\f51\fs16\ql 7,900\plain\intbl\cf1\f51\fs16\ql mi
llion in cash after debt reduction,\plain\intbl\cf1\f51\fs16\ql transaction fee
s and the buyout of the Vivendi interest in NBCU.\par\pard\plain\intbl\cf1\f51\f
s16\ql With respect to our 49% interest in the newly formed entity, we will\plai
n\intbl\cf1\f51\fs16\ql hold redemption rights which, if exercised, cause the e
ntity to purchase\plain\intbl\cf1\f51\fs16\ql half of our ownership interest af
ter\plain\intbl\cf1\f51\fs16\ql 3.5\plain\intbl\cf1\f51\fs16\ql years and th
e remaining half\plain\intbl\cf1\f51\fs16\ql after\plain\intbl\cf1\f51\fs16\ql
7\plain\intbl\cf1\f51\fs16\ql years subject to certain exceptions, condition
s and limitations.\plain\intbl\cf1\f51\fs16\ql Our interest will also be subjec
t to call provisions which, if exercised,\plain\intbl\cf1\f51\fs16\ql allow Com
cast Corporation to purchase our interest at specified times\plain\intbl\cf1\f51
\fs16\ql subject to certain exceptions. The redemption price for such\plain\int
bl\cf1\f51\fs16\ql transactions is determined pursuant to a formula specified i
n the\plain\intbl\cf1\f51\fs16\ql agreement.\par\pard\plain\intbl\sb198\cf1\f51
\fs16\ql Subsequent to the close of the transaction, we will account for our 49%
\plain\intbl\cf1\f51\fs16\ql interest in the newly formed entity under the equi
ty method.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql On March 19, 2010, NBCU en
tered into a three-year credit agreement\plain\intbl\cf1\f51\fs16\ql and a 364day bridge loan agreement and on April 30, 2010, issued\plain\intbl\cf1\f51\fs16
\ql $\plain\intbl\cf1\f51\fs16\ql 4,000\plain\intbl\cf1\f51\fs16\ql million
of senior, unsecured notes with maturities ranging from\plain\intbl\cf1\f51\fs16
\ql 2015\plain\intbl\cf1\f51\fs16\ql to\plain\intbl\cf1\f51\fs16\ql 2040\pl
ain\intbl\cf1\f51\fs16\ql , in connection with the $9,100 million financing\pla

in\intbl\cf1\f51\fs16\ql described above. If the transaction has not closed bef
ore June 10, 2011\plain\intbl\cf1\f51\fs16\ql or such earlier date as the maste
r agreement governing the transaction\plain\intbl\cf1\f51\fs16\ql is terminated
, NBCU will redeem the senior, unsecured notes at a\plain\intbl\cf1\f51\fs16\ql
redemption price equal to\plain\intbl\cf1\f51\fs16\ql 101\plain\intbl\cf1\f51
\fs16\ql % of the aggregate principal amount.\par\pard\plain\intbl\sb198\cf1\f5
1\fs16\ql At June 30, 2010, NBCU assets and liabilities of $\plain\intbl\cf1\f51
\fs16\ql 32,688\plain\intbl\cf1\f51\fs16\ql million and\plain\intbl\cf1\f51\fs1
6\ql $\plain\intbl\cf1\f51\fs16\ql 10,103\plain\intbl\cf1\f51\fs16\ql millio
n, respectively, were classified as held for sale. The\plain\intbl\cf1\f51\fs16\
ql major classes of assets are current receivables ($\plain\intbl\cf1\f51\fs16\
ql 1,932\plain\intbl\cf1\f51\fs16\ql million),\plain\intbl\cf1\f51\fs16\ql p
roperty, plant and equipment - net ($\plain\intbl\cf1\f51\fs16\ql 1,939\plain\i
ntbl\cf1\f51\fs16\ql million), goodwill and\plain\intbl\cf1\f51\fs16\ql other
intangible assets - net ($\plain\intbl\cf1\f51\fs16\ql 22,212\plain\intbl\cf1\
f51\fs16\ql million) and all other assets\plain\intbl\cf1\f51\fs16\ql ($\plai
n\intbl\cf1\f51\fs16\ql 6,482\plain\intbl\cf1\f51\fs16\ql million), including
film and television production costs of\plain\intbl\cf1\f51\fs16\ql $\plain\in
tbl\cf1\f51\fs16\ql 4,379\plain\intbl\cf1\f51\fs16\ql million. The major clas
ses of liabilities are accounts payable\plain\intbl\cf1\f51\fs16\ql ($\plain\in
tbl\cf1\f51\fs16\ql 427\plain\intbl\cf1\f51\fs16\ql million), other GE curren
t liabilities ($\plain\intbl\cf1\f51\fs16\ql 3,751\plain\intbl\cf1\f51\fs16\ql
million), all other\plain\intbl\cf1\f51\fs16\ql liabilities ($\plain\intbl\cf
1\f51\fs16\ql 1,115\plain\intbl\cf1\f51\fs16\ql million) and long-term borrow
ings ($\plain\intbl\cf1\f51\fs16\ql 4,810\plain\intbl\cf1\f51\fs16\ql million
).\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql At December 31, 2009, we classifie
d the NBCU assets and liabilities of\plain\intbl\cf1\f51\fs16\ql $\plain\intbl\
cf1\f51\fs16\ql 32,150\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\
cf1\f51\fs16\ql 5,751\plain\intbl\cf1\f51\fs16\ql million, respectively, as h
eld for sale. The\plain\intbl\cf1\f51\fs16\ql major classes of assets are curre
nt receivables ($\plain\intbl\cf1\f51\fs16\ql 2,136\plain\intbl\cf1\f51\fs16\ql
million),\plain\intbl\cf1\f51\fs16\ql property, plant and equipment - net ($
\plain\intbl\cf1\f51\fs16\ql 1,805\plain\intbl\cf1\f51\fs16\ql million), good
will and\plain\intbl\cf1\f51\fs16\ql other intangible assets - net ($\plain\int
bl\cf1\f51\fs16\ql 21,574\plain\intbl\cf1\f51\fs16\ql million) and all other
assets\plain\intbl\cf1\f51\fs16\ql ($\plain\intbl\cf1\f51\fs16\ql 6,514\plain\
intbl\cf1\f51\fs16\ql million), including film and television production costs
of\plain\intbl\cf1\f51\fs16\ql $\plain\intbl\cf1\f51\fs16\ql 4,507\plain\intb
l\cf1\f51\fs16\ql million. The major classes of liabilities are accounts payab
le\plain\intbl\cf1\f51\fs16\ql ($\plain\intbl\cf1\f51\fs16\ql 398\plain\intbl\
cf1\f51\fs16\ql million), other GE current liabilities ($\plain\intbl\cf1\f51\
fs16\ql 4,051\plain\intbl\cf1\f51\fs16\ql million) and all\plain\intbl\cf1\f5
1\fs16\ql other liabilities ($\plain\intbl\cf1\f51\fs16\ql 1,300\plain\intbl\c
f1\f51\fs16\ql million).\par\pard\plain\intbl\sb286\cf1\f51\fs16\b\ql Other\pa
r\pard\plain\intbl\sb88\cf1\f51\fs16\ql On February 28, 2010, we completed the s
ale of our Security business\plain\intbl\cf1\f51\fs16\ql for $\plain\intbl\cf1\
f51\fs16\ql 1,787\plain\intbl\cf1\f51\fs16\ql million. Assets and liabilities
of $\plain\intbl\cf1\f51\fs16\ql 1,780\plain\intbl\cf1\f51\fs16\ql million a
nd $\plain\intbl\cf1\f51\fs16\ql 282\plain\intbl\cf1\f51\fs16\ql million, resp
ectively, were classified as held for sale at December 31,\plain\intbl\cf1\f51\f
s16\ql 2009.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql In June 2010, we commit
ted to sell our GE Capital Consumer\plain\intbl\cf1\f51\fs16\ql businesses in I
ndonesia and Argentina. Assets of $\plain\intbl\cf1\f51\fs16\ql 571\plain\intbl
\cf1\f51\fs16\ql million and\plain\intbl\cf1\f51\fs16\ql liabilities of $\pla
in\intbl\cf1\f51\fs16\ql 212\plain\intbl\cf1\f51\fs16\ql million were classif
ied as held for sale at June 30,\plain\intbl\cf1\f51\fs16\ql 2010.\par\pard\pla
in\intbl\cf1\f51\fs16\ql Summarized financial information for businesses held fo
r sale is shown\plain\intbl\cf1\f51\fs16\ql below.
{\trowd\cellx2055\clvertalb\cellx2189\cellx2341\cellx2819\clvertalb\cellx2953\ce
llx3263\cellx3820\trrh-66\trrh0\itap2
}\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
llx3263\cellx3820\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
cellx2820\clvertalb\cellx2954\clbrdrb\brdrs\brdrcf1\clvertalb\cellx3821\trrh344\
itap2
ain\intbl\cf1\f51\fs13\b\qc June 30,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010\itap2\nestcell{\n
par }\pard\plain\intbl\cf1\f51\fs13\b\qc December 31,
onesttables \par }{
nestrow{\nonesttables \par }}}}
{\trowd\cellx2055\cellx2820\cellx3822\trrh-66\trrh0\itap2
ql \~\itap2\nestcell{\nonesttables \par }{
{\trowd\cellx2055\cellx2820\cellx3822\trrh-66\trrh0\nestrow{\nonesttables \par }
}}}
g100\clcfpat12\clcbpat12\cellx3820\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Assets\itap2\nestcell{\nonestta
tables \par }{
g100\clcfpat12\clcbpat12\cellx3820\trrh206\nestrow{\nonesttables \par }}}}
vertalb\cellx2953\clvertalb\cellx3263\clvertalb\cellx3820\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Cash and equivalents\itap2\nestce
les \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par
}\pard\plain\intbl\cf1\f51\fs16\qr 62\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf
1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs1
6\qr \u8212?\itap2\nestcell{\nonesttables \par }{
vertalb\cellx2953\clvertalb\cellx3263\clvertalb\cellx3820\trrh206\nestrow{\nones
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Current receivables\itap2\nestcel
s16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 2
,188\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Financing receivables - net\itap2
ar }\pard\plain\intbl\cf1\f51\fs16\qr 467\itap2\nestcell{\nonesttables \par }\pa
l\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs1
6\qr \u8212?\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Property, plant and\plain\intbl\c
f1\f51\fs16\ql equipment - net\itap2\nestcell{\nonesttables \par }\pard\plain\i
les \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,978\itap2\nestcell{\nonesttables \
par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Goodwill\itap2\nestcell{\nonestta
bl\cf1\f51\fs16\qr 19,599\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 20,086\itap
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other intangible assets - net\ita
\fs16\qr 2,866\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql All other assets\itap2\nestcell{\
lain\intbl\cf1\f51\fs16\qr 6,484\itap2\nestcell{\nonesttables \par }\pard\plain\
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 6,62
1\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other\itap2\nestcell{\nonesttable
cf1\f51\fs16\qr 133\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 372\itap2\nestcel
l{\nonesttables \par }{
brdrs\brdrcf1\clvertalb\cellx3263\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3820\trrh
-66\trrh0\itap2
-66\trrh0\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Assets of businesses held for\pla

in\intbl\cf1\f51\fs16\ql sale\itap2\nestcell{\nonesttables \par }\pard\plain\in
s16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 33
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\n
onesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 34,111\itap2\nestcell{\nones
ttables \par }{
ttables \par }}}}
trrh-66\trrh0\itap2
trrh-66\trrh0\nestrow{\nonesttables \par }}}}
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Liabilities\itap2\nestcell{\non
n\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
onesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Accounts payable\itap2\nestcell{\
\par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pa
rd\plain\intbl\cf1\f51\fs16\qr 448\itap2\nestcell{\nonesttables \par }\pard\plai
n\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f
51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\q
r 451\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other GE current liabilities\itap
fs16\qr 4,139\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql All other liabilities\itap2\nestc
ard\plain\intbl\cf1\f51\fs16\qr 1,219\itap2\nestcell{\nonesttables \par }\pard\p
\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr
1,447\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Long-term borrowings\itap2\nestce
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 53\itap2\nestcell
{\nonesttables \par }{
ttables \par }}}}
-66\trrh0\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Liabilities of businesses held\pl
ain\intbl\cf1\f51\fs16\ql for sale\itap2\nestcell{\nonesttables \par }\pard\pla
f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\
qr 10,364\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\ita
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestce
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 6,092\itap2\nestcell{\n
onesttables \par }{
trrh-66\trrh0\itap2
trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl\sb286\cf1\f51\fs1
6\b\ql Discontinued Operations\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql Discont
inued operations comprised GE Money Japan (our Japanese\plain\intbl\cf1\f51\fs16
\ql personal loan business, Lake, and our Japanese mortgage and card\plain\intb
l\cf1\f51\fs16\ql businesses, excluding our investment in GE Nissen Credit Co.,
Ltd.),\plain\intbl\cf1\f51\fs16\ql our U.S. mortgage business (WMC) and Plasti
cs. Associated results of\plain\intbl\cf1\f51\fs16\ql operations, financial pos
ition and cash flows are separately reported as\plain\intbl\cf1\f51\fs16\ql dis
continued operations for all periods presented.\par\pard\plain\intbl\sb198\cf1\f
51\fs16\ql Summarized financial information for discontinued GECS operations is\
plain\intbl\cf1\f51\fs16\ql shown below.

fs13\b\qc Three months\plain\intbl\cf1\f51\fs13\b\qc ended June 30\itap2\nestce
rd\plain\intbl\cf1\f51\fs13\b\qc Six months ended\plain\intbl\cf1\f51\fs13\b\qc
June 30\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
sttables \par }{

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Total revenues\itap2\nestcell{\no
ar }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard
\plain\intbl\cf1\f51\fs16\qr (2\itap2\nestcell{\nonesttables \par }\pard\plain\i
ntbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (2\itap2\n
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\
rd\plain\intbl\cf1\f51\fs16\qr (3\itap2\nestcell{\nonesttables \par }\pard\plain
\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql
$\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (8\itap2
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell

sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Loss from discontinued\plain\intb
l\cf1\f51\fs16\ql operations, net of taxes\itap2\nestcell{\nonesttables \par }\
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Loss from operations\itap2\nestce
}\pard\plain\intbl\cf1\f51\fs16\qr (3\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intb
6\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (62\

ar }\pard\plain\intbl\cf1\f51\fs16\qr (9\itap2\nestcell{\nonesttables \par }\par
fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (
70\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\
nestcell{\nonesttables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Loss on disposal\itap2\nestcell{\
lain\intbl\cf1\f51\fs16\qr (185\itap2\nestcell{\nonesttables \par }\pard\plain\i
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (131\itap2\nes
tcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\no
in\intbl\cf1\f51\fs16\qr (566\itap2\nestcell{\nonesttables \par }\pard\plain\int
bl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs1
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (127\itap2\nestc
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\none
sttables \par }{

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Total loss from\plain\intbl\cf1\f
51\fs16\ql discontinued operations,\plain\intbl\cf1\f51\fs16\ql net of taxes\i
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonestt
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr (188\itap2\nestcell{\nonesttables
\par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pa
l\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51
onesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (575\itap2\nestcell{\nonestt
ables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \pa
n\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\c
f1\f51\fs16\qr (197\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51
\fs16\ql )\itap2\nestcell{\nonesttables \par }{
5\cellx4620\trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl\sb198
\cf1\f51\fs16\ql Assets of GECS discontinued operations were $\plain\intbl\cf1\f
51\fs16\ql 1,203\plain\intbl\cf1\f51\fs16\ql million and\plain\intbl\cf1\f51\fs
16\ql $\plain\intbl\cf1\f51\fs16\ql 1,470\plain\intbl\cf1\f51\fs16\ql millio
n at June 30, 2010 and December 31, 2009, respectively,\plain\intbl\cf1\f51\fs16
\ql and primarily comprised a deferred tax asset for a loss carryforward,\plain
\intbl\cf1\f51\fs16\ql which expires in 2015, related to the sale of our GE Mon
ey Japan\plain\intbl\cf1\f51\fs16\ql business. Liabilities of GECS discontinued
operations were $\plain\intbl\cf1\f51\fs16\ql 1,214\plain\intbl\cf1\f51\fs16\q
l million and $\plain\intbl\cf1\f51\fs16\ql 1,138\plain\intbl\cf1\f51\fs16\ql
million at June 30, 2010 and December 31, 2009,\plain\intbl\cf1\f51\fs16\ql r
espectively. During the first six months of 2010, we recorded\plain\intbl\cf1\f5
1\fs16\ql incremental reserves of $\plain\intbl\cf1\f51\fs16\ql 566\plain\intb
l\cf1\f51\fs16\ql million related to interest refund claims\plain\intbl\cf1\f5
1\fs16\ql on the 2008 sale of GE Money Japan. During the first quarter of 2010,
\plain\intbl\cf1\f51\fs16\ql we also reduced tax reserves by $\plain\intbl\cf1\
f51\fs16\ql 325\plain\intbl\cf1\f51\fs16\ql million related to resolution of\
plain\intbl\cf1\f51\fs16\ql an uncertain tax position in Japan, but were requir
ed to record an\plain\intbl\cf1\f51\fs16\ql offsetting valuation allowance on o
ur deferred tax asset in Japan.\par\pard\plain\intbl\cf1\f51\fs16\b\ql GE Money
Japan\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql During the third quarter of 2007
, we committed to a plan to sell Lake\plain\intbl\cf1\f51\fs16\ql upon determin
ing that, despite restructuring, Japanese regulatory limits\plain\intbl\cf1\f51\
fs16\ql for interest charges on unsecured personal loans did not permit us to\p
lain\intbl\cf1\f51\fs16\ql earn an acceptable return. During the third quarter
of 2008, we\plain\intbl\cf1\f51\fs16\ql completed the sale of GE Money Japan, w
hich included Lake, along\plain\intbl\cf1\f51\fs16\ql with our Japanese mortgag
e and card businesses, excluding our\plain\intbl\cf1\f51\fs16\ql investment in
GE Nissen Credit Co., Ltd. As a result, we recognized an\plain\intbl\cf1\f51\fs1
6\ql after-tax loss of $\plain\intbl\cf1\f51\fs16\ql 908\plain\intbl\cf1\f51\f
s16\ql million in 2007 and an incremental loss in 2008\plain\intbl\cf1\f51\fs1
6\ql of $\plain\intbl\cf1\f51\fs16\ql 361\plain\intbl\cf1\f51\fs16\ql millio
n. In connection with the sale, we reduced the proceeds\plain\intbl\cf1\f51\fs16
\ql on the sale for estimated interest refund claims in excess of the\plain\int
bl\cf1\f51\fs16\ql statutory interest rate. Proceeds from the sale may be incre
ased or\plain\intbl\cf1\f51\fs16\ql decreased based on the actual claims experi

enced in accordance with\plain\intbl\cf1\f51\fs16\ql loss-sharing terms specifi
ed in the agreement, with all claims in excess\plain\intbl\cf1\f51\fs16\ql of\p
lain\intbl\cf1\f51\fs16\ql 258\plain\intbl\cf1\f51\fs16\ql billion Japanese
Yen (approximately $\plain\intbl\cf1\f51\fs16\ql 2,900\plain\intbl\cf1\f51\fs16
\ql million) remaining\plain\intbl\cf1\f51\fs16\ql our responsibility. The un
derlying portfolio to which this obligation\plain\intbl\cf1\f51\fs16\ql relates
is in runoff and interest rates were capped for all designated\plain\intbl\cf1\
f51\fs16\ql accounts by mid-2009.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql We
update our estimate of our share of expected losses quarterly. We\plain\intbl\c
f1\f51\fs16\ql recorded a reserve of $\plain\intbl\cf1\f51\fs16\ql 132\plain\i
ntbl\cf1\f51\fs16\ql million in the second quarter of 2009 for\plain\intbl\cf1
\f51\fs16\ql our estimated share of incremental losses under the loss-sharing\p
lain\intbl\cf1\f51\fs16\ql provisions of the agreement based on our experience
at that time. In\plain\intbl\cf1\f51\fs16\ql the last several months, our overa
ll claims experience has developed\plain\intbl\cf1\f51\fs16\ql unfavorably. Whi
le the number of new claims continues to decline from\plain\intbl\cf1\f51\fs16\q
l 2009, the pace of the decline has been slower than expected and claims\plain\
intbl\cf1\f51\fs16\ql severity has increased. We believe that the level of exce
ss interest\plain\intbl\cf1\f51\fs16\ql refund claims has been impacted by the
challenging global economic\plain\intbl\cf1\f51\fs16\ql conditions, in addition
to Japanese legislative and regulatory changes.\plain\intbl\cf1\f51\fs16\ql Du
ring the first quarter of 2010, we accrued $\plain\intbl\cf1\f51\fs16\ql 380\pl
ain\intbl\cf1\f51\fs16\ql million of\plain\intbl\cf1\f51\fs16\ql incremental
reserves for these claims. In the second quarter of 2010, we\plain\intbl\cf1\f51
\fs16\ql accrued an additional $\plain\intbl\cf1\f51\fs16\ql 186\plain\intbl\c
f1\f51\fs16\ql million of reserves for these claims. As of\plain\intbl\cf1\f51
\fs16\ql June 30, 2010, our liability for reimbursement of claims in excess of\
plain\intbl\cf1\f51\fs16\ql the statutory interest rate was $\plain\intbl\cf1\f
51\fs16\ql 697\plain\intbl\cf1\f51\fs16\ql million.\par\pard\plain\intbl\sb19
8\cf1\f51\fs16\ql The amount of these reserves is based on analyses of recent an
d\plain\intbl\cf1\f51\fs16\ql historical claims experience, pending and estimat
ed future excess\plain\intbl\cf1\f51\fs16\ql interest refund requests, the esti
mated percentage of customers who\plain\intbl\cf1\f51\fs16\ql present valid req
uests, and our estimated payments related to those\plain\intbl\cf1\f51\fs16\ql
requests. We continue to monitor incoming claims activity relative to\plain\intb
l\cf1\f51\fs16\ql our expected claims levels. Our current expectations are that
the pace\plain\intbl\cf1\f51\fs16\ql of incoming claims continues to decelerat
e, average exposure per claim\plain\intbl\cf1\f51\fs16\ql remains consistent wi
th recent levels and we see the impact of our loss\plain\intbl\cf1\f51\fs16\ql
mitigation efforts. Estimating the pace of decline in incoming claims\plain\intb
l\cf1\f51\fs16\ql can have a significant impact on the total amount of our liab
ility. For\plain\intbl\cf1\f51\fs16\ql example, our current model assumes incom
ing claims continue to\plain\intbl\cf1\f51\fs16\ql decline at a rate of\plain\i
ntbl\cf1\f51\fs16\ql 11\plain\intbl\cf1\f51\fs16\ql % per month. June daily c
laims declined at a rate\plain\intbl\cf1\f51\fs16\ql higher than assumed in our
model. Holding all other assumptions\plain\intbl\cf1\f51\fs16\ql constant, if
claims were to decline at rates of\plain\intbl\cf1\f51\fs16\ql 9\plain\intbl\c
f1\f51\fs16\ql %,\plain\intbl\cf1\f51\fs16\ql 6\plain\intbl\cf1\f51\fs16\ql
% or\plain\intbl\cf1\f51\fs16\ql 3\plain\intbl\cf1\f51\fs16\ql % and we\plain
\intbl\cf1\f51\fs16\ql assume no impact from our loss mitigation efforts, our e
stimate of our\plain\intbl\cf1\f51\fs16\ql liability would increase by approxim
ately $\plain\intbl\cf1\f51\fs16\ql 100\plain\intbl\cf1\f51\fs16\ql million,
$\plain\intbl\cf1\f51\fs16\ql 400\plain\intbl\cf1\f51\fs16\ql million\plain\i
ntbl\cf1\f51\fs16\ql and close to $\plain\intbl\cf1\f51\fs16\ql 1,200\plain\in
tbl\cf1\f51\fs16\ql million, respectively.\par\pard\plain\intbl\sb198\cf1\f51\
fs16\ql Uncertainties around the impact of laws and regulations, challenging\pla
in\intbl\cf1\f51\fs16\ql economic conditions, the runoff status of the underlyi
ng book of\plain\intbl\cf1\f51\fs16\ql business and the effects of our mitigati
on efforts make it difficult to\plain\intbl\cf1\f51\fs16\ql develop a meaningfu
l estimate of the aggregate possible claims\plain\intbl\cf1\f51\fs16\ql exposur

e. Recent trends, including the effect of governmental actions,\plain\intbl\cf1\
f51\fs16\ql may continue to have an adverse effect on claims development. We\pl
ain\intbl\cf1\f51\fs16\ql will continue to review our estimated exposure quarte
rly, and make\plain\intbl\cf1\f51\fs16\ql adjustments if required.\par\pard\pla
in\intbl\sb198\cf1\f51\fs16\ql GE Money Japan revenues from discontinued operati
ons were an\plain\intbl\cf1\f51\fs16\ql insignificant amount in both the second
quarter of 2010 and 2009 and\plain\intbl\cf1\f51\fs16\ql both the first six mo
nths of 2010 and 2009, respectively. In total, GE\plain\intbl\cf1\f51\fs16\ql M
oney Japan losses from discontinued operations, net of taxes, were\plain\intbl\c
f1\f51\fs16\ql $\plain\intbl\cf1\f51\fs16\ql 188\plain\intbl\cf1\f51\fs16\ql
million and $\plain\intbl\cf1\f51\fs16\ql 136\plain\intbl\cf1\f51\fs16\ql mi
llion in the second quarters of 2010 and\plain\intbl\cf1\f51\fs16\ql 2009, resp
ectively, and $\plain\intbl\cf1\f51\fs16\ql 571\plain\intbl\cf1\f51\fs16\ql m
illion and $\plain\intbl\cf1\f51\fs16\ql 132\plain\intbl\cf1\f51\fs16\ql mill
ion in the first six\plain\intbl\cf1\f51\fs16\ql months of 2010 and 2009, respe
ctively.\par\pard\plain\intbl\sb286\cf1\f51\fs16\b\ql WMC\par\pard\plain\intbl\s
b88\cf1\f51\fs16\ql During the fourth quarter of 2007, we completed the sale of
WMC, our\plain\intbl\cf1\f51\fs16\ql U.S. mortgage business. WMC revenues from
discontinued operations\plain\intbl\cf1\f51\fs16\ql were $\plain\intbl\cf1\f51\
fs16\ql (2)\plain\intbl\cf1\f51\fs16\ql million in both the second quarters o
f 2010 and 2009, and\plain\intbl\cf1\f51\fs16\ql $\plain\intbl\cf1\f51\fs16\ql
(3)\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql (9
)\plain\intbl\cf1\f51\fs16\ql million in the first six months of 2010 and 2009
,\plain\intbl\cf1\f51\fs16\ql respectively. In total, WMC's earnings (loss) fro
m discontinued\plain\intbl\cf1\f51\fs16\ql operations, net of taxes, were $\pla
in\intbl\cf1\f51\fs16\ql 1\plain\intbl\cf1\f51\fs16\ql million and $\plain\in
tbl\cf1\f51\fs16\ql (5)\plain\intbl\cf1\f51\fs16\ql million in the second\pla
in\intbl\cf1\f51\fs16\ql quarters of 2010 and 2009, respectively, and $\plain\i
ntbl\cf1\f51\fs16\ql (3)\plain\intbl\cf1\f51\fs16\ql million and $\plain\intb
l\cf1\f51\fs16\ql (11)\plain\intbl\cf1\f51\fs16\ql million in the first six mo
nths of 2010 and 2009, respectively.\par\pard\plain\intbl\cf1\f51\fs16\b\ql GE I
ndustrial\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql GE industrial loss from disc
ontinued operations, net of taxes, were $\plain\intbl\cf1\f51\fs16\ql 1\plain\in
tbl\cf1\f51\fs16\ql million in the second quarter of 2009 and $\plain\intbl\cf1
\f51\fs16\ql 3\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\
fs16\ql 18\plain\intbl\cf1\f51\fs16\ql million\plain\intbl\cf1\f51\fs16\ql i
n the first six months of 2010 and 2009, respectively. There were no\plain\intbl
\cf1\f51\fs16\ql GE industrial losses from discontinued operations in the secon
d quarter\plain\intbl\cf1\f51\fs16\ql of 2010. The sum of GE industrial loss fr
om discontinued operations,\plain\intbl\cf1\f51\fs16\ql net of taxes, and GECS
loss from discontinued operations, net of taxes,\plain\intbl\cf1\f51\fs16\ql ar
e reported as GE industrial loss from discontinued operations, net of\plain\intb
l\cf1\f51\fs16\ql taxes, on the Condensed Statement of Earnings.\par\pard\plain
\intbl\sb198\cf1\f51\fs16\ql Assets of GE industrial discontinued operations wer
e $\plain\intbl\cf1\f51\fs16\ql 50\plain\intbl\cf1\f51\fs16\ql million at\plain
\intbl\cf1\f51\fs16\ql both June 30, 2010 and December 31, 2009. Liabilities of
GE industrial\plain\intbl\cf1\f51\fs16\ql discontinued operations were $\plain
\intbl\cf1\f51\fs16\ql 167\plain\intbl\cf1\f51\fs16\ql million and $\plain\in
tbl\cf1\f51\fs16\ql 163\plain\intbl\cf1\f51\fs16\ql million at June 30,\plain
\intbl\cf1\f51\fs16\ql 2010, and December 31, 2009, respectively, and primarily
represent\plain\intbl\cf1\f51\fs16\ql taxes payable and pension liabilities re
lated to the sale of our Plastics\plain\intbl\cf1\f51\fs16\ql business in 2007.
\cell{
x10759\trrh0\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Investment Securities{
\*\bkmkstart d9cf7cb864beca3e933b8b7afe475692}{\*\bkmkend d9cf7cb864beca3e933b8b
7afe475692}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Investment Securities
x10759\trrh2535
\pard\plain\intbl\cf1\f51\fs16\ql Investment Securities\cell\pard\plain\intbl\sb
286\cf1\f51\fs16\b\ql 3. INVESTMENT SECURITIES\par\pard\plain\intbl\sb88\cf1\f51
\fs16\ql Substantially all of our investment securities are classified as availa
ble-for-sale. These comprise mainly investment-grade debt\plain\intbl\cf1\f51\fs
16\ql securities supporting obligations to annuitants and policyholders in our
run-off insurance operations and holders of guaranteed\plain\intbl\cf1\f51\fs16\
ql investment contracts (GICs) in Trinity (which ceased issuing new investment
contracts beginning in the first quarter of 2010), and\plain\intbl\cf1\f51\fs16\
ql investment securities held at our global banks. None of our securities are c
lassified as held to maturity.
llx2497\cellx2819\cellx3376\clvertalb\cellx3412\cellx3734\cellx4291\cellx4386\cl
vertalb\cellx4422\cellx4732\cellx5210\cellx5305\clvertalb\cellx5321\cellx5647\ce
llx6125\cellx6220\clvertalb\cellx6276\cellx6598\cellx7155\clvertalb\cellx7211\ce
llx7533\cellx8090\cellx8185\clvertalb\cellx8241\cellx8551\cellx9029\cellx9124\tr
rh-66\trrh0\itap2
les \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
rh-66\trrh0\nestrow{\nonesttables \par }}}}
cellx9041\clvertalb\cellx9136\trrh172\itap2
fs13\b\qc At\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
itap2\nestcell{\nonesttables \par }{
cellx9041\clvertalb\cellx9136\trrh172\nestrow{\nonesttables \par }}}}
fs13\b\qc June 30, 2010\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc December 31
, 2009\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
6\clvertalb\cellx8242\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9031\clvertalb\cellx9
126\trrh516\itap2
ain\intbl\cf1\f51\fs13\b\qc Amortized
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc cost\itap2\nestcell{\n
ain\intbl\cf1\f51\fs13\b\qc Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc gains\itap2\nestcell{\
\par }\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc losses\itap2\nestcell{
\par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\
plain\intbl\cf1\f51\fs13\b\qc Estimated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc fair value\itap2\nestc
ard\plain\intbl\cf1\f51\fs13\b\qc Amortized
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc gains\itap2\nestcell{\
\par }\pard\plain\intbl\cf1\f51\fs13\b\qc Gross

bles \par }{
6\clvertalb\cellx8242\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9031\clvertalb\cellx9
126\trrh516\nestrow{\nonesttables \par }}}}
{\trowd\cellx1549\cellx2462\cellx3378\cellx4389\cellx5310\cellx6227\cellx7162\ce
6\ql \~\itap2\nestcell{\nonesttables \par }{
dng100\clcfpat12\clcbpat12\cellx8551\clvertalb\clshdng100\clcfpat12\clcbpat12\ce
llx9029\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9124\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql GE\itap2\nestcell{\nonesttables

nesttables \par }{
llx9029\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9124\trrh206\nestrow{\none
sttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Debt - U.S.\plain\intbl\cf1\f51\f
s16\ql corporate\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 4\itap2\nestcel
d\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\i
ntbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intb
6\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u82
12?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nes
ar }\pard\plain\intbl\cf1\f51\fs16\qr 4\itap2\nestcell{\nonesttables \par }\pard
f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\
ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 12\ita

rd\plain\intbl\cf1\f51\fs16\qr 4\itap2\nestcell{\nonesttables \par }\pard\plain\
\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr
(1\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\
esttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables
\par }\pard\plain\intbl\cf1\f51\fs16\qr 15\itap2\nestcell{\nonesttables \par }\
pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Equity -\plain\intbl\cf1\f51\fs16
\ql available-for-sale\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 17\itap2\nest
tbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\i
\plain\intbl\cf1\f51\fs16\qr 17\itap2\nestcell{\nonesttables \par }\pard\plain\i
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 14\itap2\nestcell{
plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\c
f1\f51\fs16\qr 1\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql

tcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestce
l\cf1\f51\fs16\qr 15\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs1
sttables \par }}}}
x3376\clvertalb\cellx3412\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3734\clbrdrt\brdr
s\brdrcf1\clvertalb\cellx4291\cellx4386\clvertalb\cellx4422\clbrdrt\brdrs\brdrcf
1\clvertalb\cellx4732\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5210\cellx5305\clvert
alb\cellx5321\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5647\clbrdrt\brdrs\brdrcf1\cl
vertalb\cellx6125\cellx6220\clvertalb\cellx6276\clbrdrt\brdrs\brdrcf1\clvertalb\
brdrs\brdrcf1\clvertalb\cellx7533\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8090\cell
s\brdrcf1\clvertalb\cellx9029\cellx9124\trrh-66\trrh0\itap2

s\brdrcf1\clvertalb\cellx9029\cellx9124\trrh-66\trrh0\nestrow{\nonesttables \par
}}}}
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 21\it
plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\pla
s16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \
u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
r }\pard\plain\intbl\cf1\f51\fs16\qr 21\itap2\nestcell{\nonesttables \par }\pard
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 26\itap2\n
\intbl\cf1\f51\fs16\qr 5\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1\itap2\nes
in\intbl\cf1\f51\fs16\qr 30\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
}}}}

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql GECS\itap2\nestcell{\nonesttabl
sttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Debt\itap2\nestcell{\nonesttables
nesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql U.S.\plain\intbl\cf1\f51\fs16\ql
corporate\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\it
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 21,914\itap2\nestcell{\non
51\fs16\qr 1,691\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
tcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (442\itap2\nestcell{
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonestta
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 23,410\itap2\nestcell{\n
ain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1
\f51\fs16\qr 981\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
sttables \par }}}}
\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql State and\plain\intbl\cf1\f51\fs1
6\ql municipal\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
f1\f51\fs16\qr 108\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (207\itap2\nestcel
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonest
ntbl\cf1\f51\fs16\qr 2,777\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (246\itap2\nestcell{\
nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttab
l\cf1\f51\fs16\qr 1,794\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
fs16\ql \~\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
s16\ql mortgage-\plain\intbl\cf1\f51\fs16\ql backed(a)\itap2\nestcell{\nonestt
tbl\cf1\f51\fs16\qr 3,455\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 123\itap2\nestcell{\none
\intbl\cf1\f51\fs16\qr (492\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 3,086\itap2\nestce
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 79\itap2\nestcell{\nonestt
tbl\cf1\f51\fs16\qr (766\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf
1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
\par }{
sttables \par }}}}
16\ql mortgage-backed\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 2,993\itap2\ne
intbl\cf1\f51\fs16\qr 144\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (260\itap2\
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{
plain\intbl\cf1\f51\fs16\qr 2,877\itap2\nestcell{\nonesttables \par }\pard\plain
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 3,053\itap2\nest
tbl\cf1\f51\fs16\qr 89\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
tbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql Asset-backed\itap2\nestcell{\none
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 86\itap2\nestcell{\no
in\intbl\cf1\f51\fs16\qr (235\itap2\nestcell{\nonesttables \par }\pard\plain\int
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 48\itap2\nestcell{\nones
intbl\cf1\f51\fs16\qr (305\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
es \par }{
sttables \par }}}}
\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql Corporate -\plain\intbl\cf1\f51\f
s16\ql non-U.S.\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
cf1\f51\fs16\qr 99\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (50\itap2\nestcell{\n
onesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttabl
ttables \par }}}}
\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql Government\plain\intbl\cf1\f51\fs
16\ql - non-U.S.\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
\cf1\f51\fs16\qr 78\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (43\itap2\nestcel
sttables \par }}}}
government\plain\intbl\cf1\f51\fs16\ql and federal\plain\intbl\cf1\f51\fs16\ql
agency\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap

fs16\qr 66\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\it
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (26\itap2\nestcell{\nonest
tables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \p
\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16
\qr 46\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
esttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonest
fs16\qr 2,674\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~
\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Retained\plain\intbl\cf1\f51\fs16
\ql interests(b)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 58\itap2\nestcell{\

1\f51\fs16\qr 9\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
esttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 8,479\itap2\nestcell{\nonestta
bl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs
16\qr 392\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\ita
nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (40\itap2\nestcell{\nonestt
\~\itap2\nestcell{\nonesttables \par }{
sttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Equity\itap2\nestcell{\nonesttabl

ttables \par }}}}
\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql Available-for-sale\itap2\nestcell
\plain\intbl\cf1\f51\fs16\qr 540\itap2\nestcell{\nonesttables \par }\pard\plain\
d\plain\intbl\cf1\f51\fs16\qr (39\itap2\nestcell{\nonesttables \par }\pard\plain

tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 624\itap2\ne
\intbl\cf1\f51\fs16\qr (5\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\c
f1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
\par }{
sttables \par }}}}
\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql Trading\itap2\nestcell{\nonesttab
l\cf1\f51\fs16\qr 420\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
onesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\none
\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\in
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 420\itap2\nestcell{

sttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonestt
ar }{
ttables \par }}}}

}}}}
0\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestc
(1,874\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\i
s \par }\pard\plain\intbl\cf1\f51\fs16\qr 42,083\itap2\nestcell{\nonesttables \p
}\pard\plain\intbl\cf1\f51\fs16\qr 2,033\itap2\nestcell{\nonesttables \par }\pa
6\qr (2,637\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql
)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr 51,913\itap2\nestcell{\nonesttable
s \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{

sttables \par }}}}
}}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Eliminations\itap2\nestcell{\no
in\intbl\cf1\f51\fs16\qr (2\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nest
pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\par
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (2\itap2\
plain\intbl\cf1\f51\fs16\qr (2\itap2\nestcell{\nonesttables \par }\pard\plain\in
tbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\n
}\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (2\ita
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestce
ll{\nonesttables \par }{
ttables \par }}}}
}}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Total\itap2\nestcell{\nonesttable
\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\in
tbl\cf1\f51\fs16\qr 41,449\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\ne
es \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }
\pard\plain\intbl\cf1\f51\fs16\qr (1,874\itap2\nestcell{\nonesttables \par }\par
2,038\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (2,638\itap2\nestcell{\non
esttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables
plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\int
sttables \par }}}}
cellx3376\clvertalb\cellx3412\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx3734\clbrdrt
\brdrdb\brdrcf1\clvertalb\cellx4291\cellx4386\clvertalb\cellx4422\clbrdrt\brdrdb
\brdrcf1\clvertalb\cellx4732\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5210\cellx530
5\clvertalb\cellx5321\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5647\clbrdrt\brdrdb\
brdrcf1\clvertalb\cellx6125\cellx6220\clvertalb\cellx6276\clbrdrt\brdrdb\brdrcf1
\clvertalb\cellx6598\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7155\clvertalb\cellx7
51\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9029\cellx9124\trrh-66\trrh0\itap2
51\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx9029\cellx9124\trrh-66\trrh0\nestrow{\n
onesttables \par }}}}
par }\pard\plain\intbl\cf1\f51\fs16\ql Substantially collateralized by U.S. mort
gages. Of our total RMBS portfolio at June 30, 2010, $\plain\intbl\cf1\f51\fs16\
ql 2,039\plain\intbl\cf1\f51\fs16\ql million relates to\plain\intbl\cf1\f51\fs1
6\ql securities issued by government sponsored entities and $\plain\intbl\cf1\f
51\fs16\ql 1,047\plain\intbl\cf1\f51\fs16\ql million relates to securities of
private label issuers. Securities\plain\intbl\cf1\f51\fs16\ql issued by privat
e label issuers are collateralized primarily by pools of individual direct mortg
age loans of individual financial\plain\intbl\cf1\f51\fs16\ql institutions.\ita
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Included $\plain\intbl\cf1\f51\fs16\ql 1,918\plain\in
tbl\cf1\f51\fs16\ql million of retained interests at December 31, 2009 accounte
d for at fair value in accordance with ASC 815,\plain\intbl\cf1\f51\fs16\i\ql D
erivatives and Hedging\plain\intbl\cf1\f51\fs16\ql . See Note 16.\itap2\nestcel
{\trowd\cellx365\cellx9137\trrh412\nestrow{\nonesttables \par }}}}\pard\plain\in
tbl\cf1\f51\fs16\ql The fair value of investment securities decreased to $42,102
million at June 30, 2010, from $51,941 million at December 31,\plain\intbl\cf1\
f51\fs16\ql 2009, primarily driven by a decrease in retained interests as a res
ult of our adoption of ASU 2009-16 & 17 and maturities,\plain\intbl\cf1\f51\fs16
\ql partially offset by improved market conditions.\par\pard\plain\intbl\sb198\
cf1\f51\fs16\ql The following tables present the estimated fair values and gross
unrealized losses of our available-for-sale investment securities.
llx5358\cellx5915\cellx6010\clvertalb\cellx6273\cellx6583\cellx7140\clvertalb\ce
llx7427\cellx7749\cellx8306\cellx8401\trrh-66\trrh0\itap2
llx7427\cellx7749\cellx8306\cellx8401\trrh-66\trrh0\nestrow{\nonesttables \par }
}}}
fs13\b\qc In loss position for\itap2\nestcell{\nonesttables \par }\pard\plain\in
tbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
fs13\b\qc Less than 12 months\itap2\nestcell{\nonesttables \par }\pard\plain\int
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc 12 mo
nths or more\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
alb\cellx7427\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8306\clvertalb\cellx8401\trrh
516\itap2
ain\intbl\cf1\f51\fs13\b\qc Estimated
bles \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
bles \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Gross
\par }{
alb\cellx7427\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8306\clvertalb\cellx8401\trrh
516\nestrow{\nonesttables \par }}}}
sttables \par }{
b\clshdng100\clcfpat12\clcbpat12\cellx8401\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql June 30, 2010\itap2\nestcell{\n
b\clshdng100\clcfpat12\clcbpat12\cellx8401\trrh206\nestrow{\nonesttables \par }}
}}
ard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql U.S. corporate\itap2\nestcell{\no
\plain\intbl\cf1\f51\fs16\qr 1,373\itap2\nestcell{\nonesttables \par }\pard\plai
r (43\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\ita
nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttab
ain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
\cf1\f51\fs16\qr (399\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f
51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql State and municipal\itap2\nestcel
d\plain\intbl\cf1\f51\fs16\qr 431\itap2\nestcell{\nonesttables \par }\pard\plain
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (23
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\ne
}\pard\plain\intbl\cf1\f51\fs16\qr 531\itap2\nestcell{\nonesttables \par }\pard\
ap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Residential mortgage-backed\itap2
6\qr (2\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\i
s \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,356\itap2\nestcell{\nonesttables \pa
51\fs16\qr (490\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs1
6\ql )\itap2\nestcell{\nonesttables \par }{
}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Commercial mortgage-backed\itap2\
r }\pard\plain\intbl\cf1\f51\fs16\qr 366\itap2\nestcell{\nonesttables \par }\par
\qr (3\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\it
\ql )\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\intbl\cf1\f51\fs16\qr 192\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (22\itap2\
plain\intbl\cf1\f51\fs16\qr 959\itap2\nestcell{\nonesttables \par }\pard\plain\i
tcell{\nonesttables \par }{
}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Corporate - non-U.S.\itap2\nestce
2\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\n
}\pard\plain\intbl\cf1\f51\fs16\qr 726\itap2\nestcell{\nonesttables \par }\pard
qr (72\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\it
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Government - non-U.S.\itap2\nestc
ard\plain\intbl\cf1\f51\fs16\qr 724\itap2\nestcell{\nonesttables \par }\pard\pla
}}
y\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestc
bles \par }\pard\plain\intbl\cf1\f51\fs16\qr 250\itap2\nestcell{\nonesttables \p
f51\fs16\qr (26\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs1
6\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
l\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Retained interests\itap2\nestcell
\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\pl
\u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
ar }\pard\plain\intbl\cf1\f51\fs16\qr 14\itap2\nestcell{\nonesttables \par }\par
\qr (26\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\i
tap2\nestcell{\nonesttables \par }{
}}
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (38\itap2\nestce
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nones
intbl\cf1\f51\fs16\qr 6\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1\itap2\nest
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\non
esttables \par }{
ttables \par }}}}
s\brdrcf1\clvertalb\cellx7140\clvertalb\cellx7427\clbrdrt\brdrs\brdrcf1\clvertal
b\cellx7749\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8306\cellx8401\trrh-66\trrh0\it
ap2
b\cellx7749\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8306\cellx8401\trrh-66\trrh0\ne
strow{\nonesttables \par }}}}

l $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (192\it
bles \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par
\fs16\qr (1,682\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs1
}}
\brdrdb\brdrcf1\clvertalb\cellx7140\clvertalb\cellx7427\clbrdrt\brdrdb\brdrcf1\c
lvertalb\cellx7749\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8306\cellx8401\trrh-66\
trrh0\itap2
trrh0\nestrow{\nonesttables \par }}}}
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql December 31, 2009\itap2\nestcel
{
ttables \par }}}}
}}

ttables \par }}}}
qr (117\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\i
}}

6\qr (14\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\
es \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,678\itap2\nestcell{\nonesttables \p
f51\fs16\qr (752\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs
ttables \par }}}}
\qr (5\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\it
}}

\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (11\itap2\
estcell{\nonesttables \par }{
ttables \par }}}}
}}

ttables \par }}}}
bles \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttable
cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\no
in\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\
intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
}}
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (16\

\pard\plain\intbl\cf1\f51\fs16\qr 27\itap2\nestcell{\nonesttables \par }\pard\pl
(24\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2
ttables \par }}}}
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (2\itap2\nestcell
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonestt
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (3\itap2\nestc
sttables \par }{
}}
b\cellx7749\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8306\cellx8401\trrh-66\trrh0\it
ap2

b\cellx7749\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8306\cellx8401\trrh-66\trrh0\ne
}\pard\plain\intbl\cf1\f51\fs16\qr 10,471\itap2\nestcell{\nonesttables \par }\p
bl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f5
1\fs16\qr (2,351\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs
ttables \par }}}}
trrh0\itap2
trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl\sb198\cf1\f51\fs16\ql We
adopted amendments to ASC 320 and recorded a cumulative effect adjustment to inc
rease retained earnings as of April 1,\plain\intbl\cf1\f51\fs16\ql 2009 of $\pl
ain\intbl\cf1\f51\fs16\ql 62\plain\intbl\cf1\f51\fs16\ql million.\par\pard\pl
ain\intbl\sb198\cf1\f51\fs16\ql We regularly review investment securities for im
pairment using both qualitative and quantitative criteria. We presently do not\p
lain\intbl\cf1\f51\fs16\ql intend to sell our debt securities and believe that
it is not more likely than not that we will be required to sell these securities
that\plain\intbl\cf1\f51\fs16\ql are in an unrealized loss position before rec
overy of our amortized cost. We believe that the unrealized loss associated with
our\plain\intbl\cf1\f51\fs16\ql equity securities will be recovered within the
foreseeable future. The methodologies and significant inputs used to measure th
e\plain\intbl\cf1\f51\fs16\ql amount of credit loss for our investment securiti
es during the first six months of 2010 have not changed from those described in\
plain\intbl\cf1\f51\fs16\ql our 2009 consolidated financial statements. See Not
e 3 in our 2009 consolidated financial statements, for additional information\pl
ain\intbl\cf1\f51\fs16\ql regarding these methodologies and inputs.\par\pard\pl
ain\intbl\cf1\f51\fs16\ql During the second quarter of 2010, we recorded pre-tax
, other-than-temporary impairments of $\plain\intbl\cf1\f51\fs16\ql 101\plain\in
tbl\cf1\f51\fs16\ql million, of which $\plain\intbl\cf1\f51\fs16\ql 56\plain\in
tbl\cf1\f51\fs16\ql million was recorded through earnings and $\plain\intbl\cf1
\f51\fs16\ql 45\plain\intbl\cf1\f51\fs16\ql million was recorded in accumulat
ed other comprehensive income (AOCI). At\plain\intbl\cf1\f51\fs16\ql April 1, 2
010, cumulative impairments recognized in earnings associated with debt securiti
es still held were $\plain\intbl\cf1\f51\fs16\ql 381\plain\intbl\cf1\f51\fs16\q
l million. During\plain\intbl\cf1\f51\fs16\ql the second quarter, we recogniz
ed first time impairments of $\plain\intbl\cf1\f51\fs16\ql 36\plain\intbl\cf1\f
51\fs16\ql million and incremental charges on previously impaired securities\p
lain\intbl\cf1\f51\fs16\ql of $\plain\intbl\cf1\f51\fs16\ql 17\plain\intbl\cf1
\f51\fs16\ql million. These amounts included $\plain\intbl\cf1\f51\fs16\ql 7\
plain\intbl\cf1\f51\fs16\ql million related to securities that were subsequent
ly sold.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql During the six months of 201
0, we recorded pre-tax, other-than-temporary impairments of $\plain\intbl\cf1\f5
1\fs16\ql 259\plain\intbl\cf1\f51\fs16\ql million, of which $\plain\intbl\cf1\f
51\fs16\ql 135\plain\intbl\cf1\f51\fs16\ql million\plain\intbl\cf1\f51\fs16\ql
was recorded through earnings and $\plain\intbl\cf1\f51\fs16\ql 124\plain\intb
l\cf1\f51\fs16\ql million was recorded in AOCI. At January 1, 2010, cumulative
impairments recognized\plain\intbl\cf1\f51\fs16\ql in earnings associated with
debt securities still held were $\plain\intbl\cf1\f51\fs16\ql 340\plain\intbl\
cf1\f51\fs16\ql million. During the first six months of 2010, we recognized fi
rst\plain\intbl\cf1\f51\fs16\ql time impairments of $\plain\intbl\cf1\f51\fs16\
ql 92\plain\intbl\cf1\f51\fs16\ql million and incremental charges on previous
ly impaired securities of $\plain\intbl\cf1\f51\fs16\ql 35\plain\intbl\cf1\f51\
fs16\ql million. These amounts\plain\intbl\cf1\f51\fs16\ql included $\plain\i
ntbl\cf1\f51\fs16\ql 39\plain\intbl\cf1\f51\fs16\ql million related to securi
ties that were subsequently sold.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql Dur
ing the three months ended June 30, 2009, we recorded pre-tax, other-than-tempor
ary impairments of $\plain\intbl\cf1\f51\fs16\ql 306\plain\intbl\cf1\f51\fs16\ql
million, of which\plain\intbl\cf1\f51\fs16\ql $\plain\intbl\cf1\f51\fs16\ql
205\plain\intbl\cf1\f51\fs16\ql million was recorded through earnings, and $\p
lain\intbl\cf1\f51\fs16\ql 101\plain\intbl\cf1\f51\fs16\ql million was record
ed in AOCI. At April 1, 2009 cumulative impairments\plain\intbl\cf1\f51\fs16\ql
recognized in earnings associated with debt securities still held were $\plain\
intbl\cf1\f51\fs16\ql 258\plain\intbl\cf1\f51\fs16\ql million. During the sec
ond quarter, we recognized first\plain\intbl\cf1\f51\fs16\ql time impairments o
f $\plain\intbl\cf1\f51\fs16\ql 26\plain\intbl\cf1\f51\fs16\ql million and in
cremental charges on previously impaired securities of $\plain\intbl\cf1\f51\fs1
6\ql 150\plain\intbl\cf1\f51\fs16\ql million. There were no\plain\intbl\cf1\f
51\fs16\ql securities sold that had previously been impaired.\par\pard\plain\in

tbl\sb198\cf1\f51\fs16\ql During the first six months ended June 30, 2009, we re
cognized impairments of $\plain\intbl\cf1\f51\fs16\ql 603\plain\intbl\cf1\f51\fs
16\ql million. Of the $603 million, $\plain\intbl\cf1\f51\fs16\ql 33\plain\intb
l\cf1\f51\fs16\ql million\plain\intbl\cf1\f51\fs16\ql was reclassified to reta
ined earnings at April 1, 2009, as a result of the amendments to ASC 320,\plain\
intbl\cf1\f51\fs16\i\ql Investments - Debt and Equity\plain\intbl\cf1\f51\fs16
\i\ql Securities\plain\intbl\cf1\f51\fs16\ql . Subsequent to April 1, 2009, fi
rst time and incremental credit impairments were $\plain\intbl\cf1\f51\fs16\ql
26\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 150\
plain\intbl\cf1\f51\fs16\ql million,\plain\intbl\cf1\f51\fs16\ql respectively
. There were no securities sold that had previously been impaired.\par\pard\plai
n\intbl\sb286\cf1\f51\fs16\b\ql Contractual Maturities of GECS Investment in Ava
ilable-for-Sale Debt Securities (Excluding Mortgage-Backed and\plain\intbl\cf1\f
51\fs16\b\ql Asset-Backed Securities)
itap2
ain\intbl\cf1\f51\fs13\b\qc Amortized
par }\pard\plain\intbl\cf1\f51\fs13\b\qc Estimated
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Due in\itap2\nestcell{\nonesttabl
bles \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql 2010\itap2\nestcell{\nonesttables
bl\cf1\f51\fs16\qr 2,878\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql
$\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 2,907\it
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql 2011-2014\itap2\nestcell{\nonestt
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 6,420\itap2
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql 2015-2019\itap2\nestcell{\nonestt
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql 2020 and later\itap2\nestcell{\no
in\intbl\cf1\f51\fs16\qr 17,755\itap2\nestcell{\nonesttables \par }\pard\plain\i
g100\clcfpat12\clcbpat12\cellx6941\trrh206\nestrow{\nonesttables \par }}}}\pard\

plain\intbl\sb198\cf1\f51\fs16\ql We expect actual maturities to differ from con
tractual maturities because borrowers have the right to call or prepay certain\p
lain\intbl\cf1\f51\fs16\ql obligations.\par\pard\plain\intbl\sb198\cf1\f51\fs16
\ql Supplemental information about gross realized gains and losses on availablefor-sale investment securities follows.
fs13\b\qc Three months ended June 30\itap2\nestcell{\nonesttables \par }\pard\pl
fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\q
c Six months ended June 30\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Gains\itap2\nestcell{\nonesttable
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\n

pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plai
n\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\i
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\ita
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\
esttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Losses, including impairments\ita
\par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \pa
r }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Net\itap2\nestcell{\nonesttables
1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\
sttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (172\itap2\nestcell{\nonesttabl
es \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }
{

sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Gains\itap2\nestcell{\nonesttable
cf1\f51\fs16\qr 40\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\
sttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 35\itap2\nestcell{\nonesttables
r 133\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Losses, including impairments\ita
\par }\pard\plain\intbl\cf1\f51\fs16\qr (62\itap2\nestcell{\nonesttables \par }\
pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plai
r }\pard\plain\intbl\cf1\f51\fs16\qr (144\itap2\nestcell{\nonesttables \par }\pa
rd\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (354
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Net\itap2\nestcell{\nonesttables
1\f51\fs16\qr (22\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\f
s16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
onesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (80\itap2\nestcell{\nonestta
bles \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par
1\fs16\qr (11\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\
s \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
tbl\cf1\f51\fs16\qr (22\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1
\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\pla
in\intbl\cf1\f51\fs16\qr (11\itap2\nestcell{\nonesttables \par }\pard\plain\intb
l\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\it
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (467\itap2\ne
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\n
onesttables \par }{
5\cellx8400\trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl\cf1\f
51\fs16\ql Although we generally do not have the intent to sell any specific sec
urities at the end of the period, in the ordinary course of\plain\intbl\cf1\f51\
fs16\ql managing our investment securities portfolio, we may sell securities pr
ior to their maturities for a variety of reasons, including\plain\intbl\cf1\f51\
fs16\ql diversification, credit quality, yield and liquidity requirements and t
he funding of claims and obligations to policyholders. In some\plain\intbl\cf1\f
51\fs16\ql of our bank subsidiaries, we maintain a certain level of purchases a
nd sales volume principally of non-U.S. government debt\plain\intbl\cf1\f51\fs16
\ql securities. In these situations, fair value approximates carrying value for
these securities.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql Proceeds from inve
stment securities sales and early redemptions by the issuer totaled $\plain\intb
l\cf1\f51\fs16\ql 3,641\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\c
f1\f51\fs16\ql 1,491\plain\intbl\cf1\f51\fs16\ql million in the\plain\intbl\cf1
\f51\fs16\ql second quarters of 2010 and 2009, respectively, and $\plain\intbl\
cf1\f51\fs16\ql 7,588\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\c
f1\f51\fs16\ql 3,633\plain\intbl\cf1\f51\fs16\ql million in the first six mon
ths of 2010 and 2009,\plain\intbl\cf1\f51\fs16\ql respectively, principally fro
m the sales of short-term securities in our bank subsidiaries.\par\pard\plain\in
tbl\sb198\cf1\f51\fs16\ql We recognized net pre-tax gains on trading securities
of $\plain\intbl\cf1\f51\fs16\ql 4\plain\intbl\cf1\f51\fs16\ql million and $\pl
ain\intbl\cf1\f51\fs16\ql 204\plain\intbl\cf1\f51\fs16\ql million in the second

quarters of 2010 and 2009,\plain\intbl\cf1\f51\fs16\ql respectively, and $\pla
in\intbl\cf1\f51\fs16\ql 19\plain\intbl\cf1\f51\fs16\ql million and $\plain\i
ntbl\cf1\f51\fs16\ql 244\plain\intbl\cf1\f51\fs16\ql million in the first six
months of 2010 and 2009, respectively.\cell{
x10759\trrh2535\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Inventories{\*\bkmksta
rt gmnh167d4efa980a10761e3533c7511438c9}{\*\bkmkend gmnh167d4efa980a10761e3533c7
511438c9}
\par\pard\plain
{\trowd\clvertalc\clshdng100\clcfpat13\clcbpat13\cellx839\clvertalc\clshdng100\c
\pard\plain\intbl\cf8\f51\fs15\ql Inventories
{\trowd\clvertalc\clshdng100\clcfpat13\clcbpat13\cellx839\clvertalc\clshdng100\c
{\trowd\clshdng100\clcfpat8\clcbpat8\cellx839\clshdng100\clcfpat8\clcbpat8\cellx
4393\trrh68
\pard\plain\intbl\cf1\f51\fs16\ql Inventories\cell\pard\plain\intbl\sb286\cf1\f5
1\fs16\b\ql 4. INVENTORIES\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql Inventories
consisted of the following.
{\trowd\cellx965\clvertalb\cellx985\cellx1137\cellx1615\cellx1710\clvertalb\cell
x1753\cellx2063\cellx2541\cellx2636\trrh-66\trrh0\itap2
{\trowd\cellx965\clvertalb\cellx985\cellx1137\cellx1615\cellx1710\clvertalb\cell
x1753\cellx2063\cellx2541\cellx2636\trrh-66\trrh0\nestrow{\nonesttables \par }}}
}
{\trowd\clvertalb\cellx965\clvertalb\cellx985\clbrdrb\brdrs\brdrcf1\clvertalb\ce
llx2544\clvertalb\cellx2639\trrh172\itap2
llx2544\clvertalb\cellx2639\trrh172\nestrow{\nonesttables \par }}}}
llx1616\clvertalb\cellx1711\clvertalb\cellx1754\clbrdrb\brdrs\brdrcf1\clvertalb\
ain\intbl\cf1\f51\fs13\b\qc December\plain\intbl\cf1\f51\fs13\b\qc 31,
par }{
llx1616\clvertalb\cellx1711\clvertalb\cellx1754\clbrdrb\brdrs\brdrcf1\clvertalb\
{\trowd\cellx965\cellx1711\cellx2638\trrh-66\trrh0\nestrow{\nonesttables \par }}
}}
{\trowd\clshdng100\clcfpat12\clcbpat12\cellx965\clvertalb\clshdng100\clcfpat12\c
lcbpat12\cellx985\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx1137\clvertalb\c
541\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx2636\trrh825\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Raw\plain\intbl\cf1\f51\fs16\ql
materials\plain\intbl\cf1\f51\fs16\ql and work\plain\intbl\cf1\f51\fs16\ql in
process\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 6,894\itap2\nestcell{\non
f1\f51\fs16\qr 7,581\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs1
541\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx2636\trrh825\nestrow{\nonestta
bles \par }}}}
{\trowd\cellx965\clvertalb\cellx985\clvertalb\cellx1137\clvertalb\cellx1615\clve
rtalb\cellx2636\trrh412\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Finished\plain\intbl\cf1\f51\fs16
\ql goods\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\it
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 4,301\itap2\nestcell{\none
rtalb\cellx2636\trrh412\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Unbilled\plain\intbl\cf1\f51\fs16
\ql shipments\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
bles \par }}}}
{\trowd\clvertalb\cellx965\clvertalb\cellx985\clbrdrt\brdrs\brdrcf1\clvertalb\ce
llx1137\clbrdrt\brdrs\brdrcf1\clvertalb\cellx1615\cellx1710\clvertalb\cellx1753\
ard\plain\intbl\cf1\f51\fs16\qr 12,516\itap2\nestcell{\nonesttables \par }\pard\
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Less\plain\intbl\cf1\f51\fs16\ql
revaluation\plain\intbl\cf1\f51\fs16\ql to LIFO\itap2\nestcell{\nonesttables \
\f51\fs16\qr (493\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\f
r }{
bles \par }}}}

les \par }{
{\trowd\clvertalb\cellx965\clvertalb\cellx985\clbrdrt\brdrdb\brdrcf1\clvertalb\c
ellx1137\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx1615\cellx1710\clvertalb\cellx175
3\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx2063\clbrdrt\brdrdb\brdrcf1\clvertalb\ce
llx2541\cellx2636\trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl
{\trowd\clshdng100\clcfpat8\clcbpat8\cellx839\clshdng100\clcfpat8\clcbpat8\cellx
4393\trrh68\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc GECS Financing Receiva
bles and Allowance for Losses on Financing Receivables{\*\bkmkstart daa644c4fdca
7f3bef7a8129f05cbb68}{\*\bkmkend daa644c4fdca7f3bef7a8129f05cbb68}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs13\ql GECS Financing Receivables and Allowance for L
osses on Financing Receivables

x10629\trrh825
\pard\plain\intbl\cf1\f51\fs14\ql GECS Financing Receivables and Allowance for L
osses on Financing\plain\intbl\cf1\f51\fs14\ql Receivables\cell\pard\plain\intb
l\sb286\cf1\f51\fs14\b\ql 5. GECS FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES
ON\plain\intbl\cf1\f51\fs14\b\ql FINANCING RECEIVABLES\par\pard\plain\intbl\sb
88\cf1\f51\fs14\ql GECS financing receivables - net, consisted of the following.
llx4712\trrh-66\trrh0\itap2
ar }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
llx4712\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
alb\cellx4620\clvertalb\cellx4715\trrh344\itap2
ain\intbl\cf1\f51\fs13\b\qc January 1,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010(a)\itap2\nestcell
\plain\intbl\cf1\f51\fs13\b\qc December 31,
par }{
alb\cellx4620\clvertalb\cellx4715\trrh344\nestrow{\nonesttables \par }}}}
{\trowd\cellx1735\cellx2636\cellx3650\cellx4718\trrh-66\trrh0\itap2

{\trowd\cellx1735\cellx2636\cellx3650\cellx4718\trrh-66\trrh0\nestrow{\nonesttab
les \par }}}}
\clcbpat12\cellx4712\trrh412\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Loans, net of deferred\plain\intb
l\cf1\f51\fs16\ql income\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
l $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 294,016
16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 290
\clcbpat12\cellx4712\trrh412\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Investment in financing\plain\int
bl\cf1\f51\fs16\ql leases, net of deferred\plain\intbl\cf1\f51\fs16\ql income\
es \par }\pard\plain\intbl\cf1\f51\fs16\qr 48,339\itap2\nestcell{\nonesttables \
r }\pard\plain\intbl\cf1\f51\fs16\qr 54,445\itap2\nestcell{\nonesttables \par }\
brdrt\brdrs\brdrcf1\clvertalb\cellx4617\cellx4712\trrh-66\trrh0\itap2
brdrt\brdrs\brdrcf1\clvertalb\cellx4617\cellx4712\trrh-66\trrh0\nestrow{\nonestt
ables \par }}}}
pard\plain\intbl\cf1\f51\fs16\qr 386,919\itap2\nestcell{\nonesttables \par }\par
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 345,031\i
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Less allowance for\plain\intbl\cf
1\f51\fs16\ql losses\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (9,093\itap2\ne

ain\intbl\cf1\f51\fs16\qr (9,805\itap2\nestcell{\nonesttables \par }\pard\plain\
intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (8,105\itap2\
\nonesttables \par }{
ables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Financing receivables -\plain\int
bl\cf1\f51\fs16\ql net(b)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 333,26
}\pard\plain\intbl\cf1\f51\fs16\qr 377,114\itap2\nestcell{\nonesttables \par }\
par }\pard\plain\intbl\cf1\f51\fs16\ql Reflects the effects of our adoption of A
SU 2009-16 & 17 on January 1,\plain\intbl\cf1\f51\fs16\ql 2010.\itap2\nestcell{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Financing receivables at June 30, 2010 and December 3
1, 2009 included\plain\intbl\cf1\f51\fs16\ql $\plain\intbl\cf1\f51\fs16\ql 1,6
21\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 2,70
4\plain\intbl\cf1\f51\fs16\ql million, respectively, relating to loans that ha
d\plain\intbl\cf1\f51\fs16\ql been acquired in a transfer but have been subject
to credit deterioration since\plain\intbl\cf1\f51\fs16\ql origination per ASC
310,\plain\intbl\cf1\f51\fs16\i\ql Receivables\plain\intbl\cf1\f51\fs16\ql .\
tbl\cf1\f51\fs16\ql Effective January 1, 2009, loans acquired in a business acqu
isition are recorded\plain\intbl\cf1\f51\fs16\ql at fair value, which incorpora
tes our estimate at the acquisition date of the\plain\intbl\cf1\f51\fs16\ql cre
dit losses over the remaining life of the portfolio. As a result, the allowance\
plain\intbl\cf1\f51\fs16\ql for loan losses is not carried over at acquisition.
This may result in lower\plain\intbl\cf1\f51\fs16\ql reserve coverage ratios p
rospectively. Details of financing receivables - net\plain\intbl\cf1\f51\fs16\ql
follow.

alb\cellx4621\clvertalb\cellx4716\trrh344\itap2
\plain\intbl\cf1\f51\fs13\b\qc December 31,
par }{
alb\cellx4621\clvertalb\cellx4716\trrh344\nestrow{\nonesttables \par }}}}
les \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql CLL(b)\itap2\nestcell{\nonestta

sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Americas\itap2\nestcell{\nonestta
ard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain
\intbl\cf1\f51\fs16\qr 93,042\itap2\nestcell{\nonesttables \par }\pard\plain\int
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Europe\itap2\nestcell{\nonesttabl
\cf1\f51\fs16\qr 36,067\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 43,403\itap2\nestcell{\non
51\fs16\qr 41,455\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
l \~\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Asia\itap2\nestcell{\nonesttables
f1\f51\fs16\qr 11,914\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
\fs16\qr 13,202\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
ables \par }}}}
ables \par }}}}
les \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Consumer(b)\itap2\nestcell{\non
cf1\f51\fs16\ql mortgages\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
tables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Non-U.S. installment\plain\intbl\
cf1\f51\fs16\ql and revolving credit\itap2\nestcell{\nonesttables \par }\pard\p
ar }\pard\plain\intbl\cf1\f51\fs16\qr 24,976\itap2\nestcell{\nonesttables \par }
cf1\f51\fs16\ql revolving credit\itap2\nestcell{\nonesttables \par }\pard\plain
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 42,
946\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nes
\pard\plain\intbl\cf1\f51\fs16\qr 47,171\itap2\nestcell{\nonesttables \par }\par
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 23,190\it
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Non-U.S. auto\itap2\nestcell{\non
\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
ables \par }}}}
ables \par }}}}
les \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Real Estate\itap2\nestcell{\non
ables \par }}}}
les \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Energy Financial\plain\intbl\cf
1\f51\fs16\b\ql Services\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
es \par }{
ables \par }}}}
les \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql GECAS(b)\itap2\nestcell{\nonest
ntbl\cf1\f51\fs16\qr 12,337\itap2\nestcell{\nonesttables \par }\pard\plain\intbl

ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 13,254\itap2\nestcell{
f1\f51\fs16\qr 13,254\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
ables \par }}}}
les \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Other(c)\itap2\nestcell{\nonest
\f51\fs16\qr 2,614\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\

ables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Less allowance for\plain\intbl\cf
1\f51\fs16\ql losses\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (9,093\itap2\ne
ain\intbl\cf1\f51\fs16\qr (9,805\itap2\nestcell{\nonesttables \par }\pard\plain\
ables \par }}}}
tbl\cf1\f51\fs16\qr 333,262\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 377,114\itap2\nest
pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plai
n\intbl\cf1\f51\fs16\qr 336,926\itap2\nestcell{\nonesttables \par }\pard\plain\i

\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql During the first quarter of 2010, we transferred the
Transportation Financial\plain\intbl\cf1\f51\fs16\ql Services business from GEC
AS to CLL and the Consumer business in Italy\plain\intbl\cf1\f51\fs16\ql from C
onsumer to CLL. Prior-period amounts were reclassified to conform\plain\intbl\cf
1\f51\fs16\ql to the current-period presentation.\itap2\nestcell{\nonesttables
\par }{
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (c)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Consisted of loans and financing leases related to ce
rtain consolidated,\plain\intbl\cf1\f51\fs16\ql liquidating securitization enti
ties.\itap2\nestcell{\nonesttables \par }{
tbl\sb198\cf1\f51\fs16\ql Individually impaired loans are defined by U.S. genera
lly accepted accounting\plain\intbl\cf1\f51\fs16\ql principles (GAAP) as larger
balance or restructured loans for which it is\plain\intbl\cf1\f51\fs16\ql prob
able that the lender will be unable to collect all amounts due according to\plai
n\intbl\cf1\f51\fs16\ql original contractual terms of the loan agreement. The v
ast majority of our\plain\intbl\cf1\f51\fs16\ql consumer and a portion of our C
LL nonearning receivables are excluded from\plain\intbl\cf1\f51\fs16\ql this de
finition, as they represent smaller balance homogeneous loans that we\plain\intb
l\cf1\f51\fs16\ql evaluate collectively by portfolio for impairment. An analysi

s of impaired loans\plain\intbl\cf1\f51\fs16\ql and specific reserves follows.
llx3227\cellx3705\cellx3800\clvertalb\cellx3927\cellx4237\cellx4715\trrh-66\trrh
0\itap2
nesttables \par }{
cellx4719\trrh172\itap2
fs13\b\qc At\itap2\nestcell{\nonesttables \par }{
cellx4719\trrh172\nestrow{\nonesttables \par }}}}
b\cellx3802\clvertalb\cellx3929\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4718\trrh51
6\itap2
par }\pard\plain\intbl\cf1\f51\fs13\b\qc January 1,
\plain\intbl\cf1\f51\fs13\b\qc December\plain\intbl\cf1\f51\fs13\b\qc 31,
onesttables \par }{
b\cellx3802\clvertalb\cellx3929\clbrdrb\brdrs\brdrcf1\clvertalb\cellx4718\trrh51
les \par }}}}
cfpat12\clcbpat12\cellx4237\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx4715\t
rrh412\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Loans requiring allowance for\pla
in\intbl\cf1\f51\fs16\ql losses\itap2\nestcell{\nonesttables \par }\pard\plain\
\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf
1\f51\fs16\qr 9,145\itap2\nestcell{\nonesttables \par }{
rrh412\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Loans expected to be fully\plain\
intbl\cf1\f51\fs16\ql recoverable\itap2\nestcell{\nonesttables \par }\pard\plai
tables \par }\pard\plain\intbl\cf1\f51\fs16\qr 3,914\itap2\nestcell{\nonesttable
qr 3,741\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
s\brdrcf1\clvertalb\cellx4715\trrh-66\trrh0\itap2
nesttables \par }{
s\brdrcf1\clvertalb\cellx4715\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
rrh206\itap2
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Total impaired loans\itap2\nestce
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\non
esttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 12,886\itap2\nestcell{\nonestt
ables \par }{
\brdrdb\brdrcf1\clvertalb\cellx4715\trrh-66\trrh0\itap2
nesttables \par }{
\brdrdb\brdrcf1\clvertalb\cellx4715\trrh-66\trrh0\nestrow{\nonesttables \par }}}
}
les \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Allowance for losses (specific\pl
ain\intbl\cf1\f51\fs16\ql reserves)\itap2\nestcell{\nonesttables \par }\pard\pl
\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16
\qr 3,033\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\ita

\cf1\f51\fs16\qr 2,331\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
rrh413\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Average investment during\plain\i
ntbl\cf1\f51\fs16\ql the period\itap2\nestcell{\nonesttables \par }\pard\plain\
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr (c\itap2\nestcell{\nonesttables \p
ar }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Interest income earned while\plai
n\intbl\cf1\f51\fs16\ql impaired(b)\itap2\nestcell{\nonesttables \par }\pard\pl
tables \par }\pard\plain\intbl\cf1\f51\fs16\qr (c\itap2\nestcell{\nonesttables \
par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\par
\qr 227\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}

\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Recognized principally on cash basis.\itap2\nestcell{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Not applicable.\itap2\nestcell{\nonesttables \par }{
tbl\sb198\cf1\f51\fs16\ql Impaired loans increased by $\plain\intbl\cf1\f51\fs16
\ql 1,984\plain\intbl\cf1\f51\fs16\ql million from January 1, 2010, to June 30,
\plain\intbl\cf1\f51\fs16\ql 2010, primarily relating to increases at Real Esta
te. Impaired loans consolidated\plain\intbl\cf1\f51\fs16\ql as a result of our
adoption of ASU 2009-16 & 17 primarily related to our\plain\intbl\cf1\f51\fs16\q
l Consumer business. We regularly review our Real Estate loans for impairment\p
lain\intbl\cf1\f51\fs16\ql using both quantitative and qualitative factors, suc
h as debt service coverage\plain\intbl\cf1\f51\fs16\ql and loan-to-value ratios
. We classify Real Estate loans as impaired when the\plain\intbl\cf1\f51\fs16\ql
most recent valuation reflects a projected loan-to-value ratio at maturity in\
plain\intbl\cf1\f51\fs16\ql excess of\plain\intbl\cf1\f51\fs16\ql 100\plain\i
ntbl\cf1\f51\fs16\ql %, even if the loan is currently paying in accordance with
\plain\intbl\cf1\f51\fs16\ql contractual terms. The increase in impaired loans
and related specific reserves at\plain\intbl\cf1\f51\fs16\ql Real Estate reflec
ts our current estimate of collateral values of the underlying\plain\intbl\cf1\f
51\fs16\ql properties, and our estimate of loans which are not past due, but fo
r which it is\plain\intbl\cf1\f51\fs16\ql probable that we will be unable to co
llect the full principal balance at maturity\plain\intbl\cf1\f51\fs16\ql due to
a decline in the underlying value of the collateral. Of our $\plain\intbl\cf1\f
51\fs16\ql 8,281\plain\intbl\cf1\f51\fs16\ql million\plain\intbl\cf1\f51\fs16
\ql impaired loans at Real Estate at June 30, 2010, $\plain\intbl\cf1\f51\fs16\
ql 5,892\plain\intbl\cf1\f51\fs16\ql million are currently\plain\intbl\cf1\f5
1\fs16\ql paying in accordance with the contractual terms of the loan. Impaired
loans at\plain\intbl\cf1\f51\fs16\ql CLL primarily represent senior secured le
nding positions.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql Our loss mitigation
strategy intends to minimize economic loss and, at times,\plain\intbl\cf1\f51\fs
16\ql can result in rate reductions, principal forgiveness, extensions, forbear
ance or\plain\intbl\cf1\f51\fs16\ql other actions, which may cause the related
loan to be classified as a TDR. Such\plain\intbl\cf1\f51\fs16\ql loans are clas
sified as impaired, and specific reserves are determined based\plain\intbl\cf1\f
51\fs16\ql upon the present value of expected future cash flows discounted at t
he loan's\plain\intbl\cf1\f51\fs16\ql original effective interest rate, or coll
ateral value as a practical expedient in\plain\intbl\cf1\f51\fs16\ql accordance
with the requirements of ASC 310-10-35. As of June 30, 2010,\plain\intbl\cf1\f5
1\fs16\ql TDRs included in impaired loans were $\plain\intbl\cf1\f51\fs16\ql 5
,942\plain\intbl\cf1\f51\fs16\ql million, primarily relating to\plain\intbl\cf
1\f51\fs16\ql Real Estate ($\plain\intbl\cf1\f51\fs16\ql 2,127\plain\intbl\cf1
\f51\fs16\ql million), Consumer ($\plain\intbl\cf1\f51\fs16\ql 1,918\plain\in
tbl\cf1\f51\fs16\ql million) and CLL ($\plain\intbl\cf1\f51\fs16\ql 1,835\pla
in\intbl\cf1\f51\fs16\ql million). TDRs consolidated as a result of our adoptio
n of ASU 2009-16 & 17\plain\intbl\cf1\f51\fs16\ql primarily related to our Cons
umer business ($\plain\intbl\cf1\f51\fs16\ql 364\plain\intbl\cf1\f51\fs16\ql
million).\par\pard\plain\intbl\cf1\f51\fs16\b\ql GECS Allowance for Losses on Fi
nancing Receivables
{\trowd\cellx676\clvertalb\cellx677\cellx988\cellx1299\clvertalb\cellx1300\cellx
1587\cellx1977\cellx2043\clvertalb\cellx2044\cellx2293\cellx2569\clvertalb\cellx
2570\cellx2818\cellx3094\cellx3160\clvertalb\cellx3161\cellx3358\cellx3748\cellx
3814\clvertalb\cellx3815\cellx4040\cellx4430\cellx4496\clvertalb\cellx4497\cellx
4735\cellx5125\clvertalb\cellx5126\cellx5327\cellx5603\trrh-66\trrh0\itap2
{\trowd\cellx676\clvertalb\cellx677\cellx988\cellx1299\clvertalb\cellx1300\cellx
1587\cellx1977\cellx2043\clvertalb\cellx2044\cellx2293\cellx2569\clvertalb\cellx
2570\cellx2818\cellx3094\cellx3160\clvertalb\cellx3161\cellx3358\cellx3748\cellx
3814\clvertalb\cellx3815\cellx4040\cellx4430\cellx4496\clvertalb\cellx4497\cellx
4735\cellx5125\clvertalb\cellx5126\cellx5327\cellx5603\trrh-66\trrh0\nestrow{\no
nesttables \par }}}}
llx1300\clvertalb\cellx1301\clbrdrb\brdrs\brdrcf1\clvertalb\cellx1978\clvertalb\
clbrdrb\brdrs\brdrcf1\clvertalb\cellx5607\trrh343\itap2
\pard\plain\intbl\cf1\f51\fs9\b\ql (In millions)\itap2\nestcell{\nonesttables \p
in\intbl\cf1\f51\fs9\b\qc Balance
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs9\b\qc December 31,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs9\b\qc 2009\itap2\nestcell{\no
ar }\pard\plain\intbl\cf1\f51\fs9\b\qc Adoption of
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs9\b\qc ASU 2009\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs9\b\qc 16 & 17 (a)\itap2\nestc
ard\plain\intbl\cf1\f51\fs9\b\qc Balance
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs9\b\qc January 1,
ar }\pard\plain\intbl\cf1\f51\fs9\b\qc Provision
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs9\b\qc charged to
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs9\b\qc operations\itap2\nestce
rd\plain\intbl\cf1\f51\fs9\b\qc Other(b)\itap2\nestcell{\nonesttables \par }\par
\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs9\
b\qc Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs9\b\qc write-offs\itap2\nestce
rd\plain\intbl\cf1\f51\fs9\b\qc Recoveries\itap2\nestcell{\nonesttables \par }\p
bl\cf1\f51\fs9\b\qc Balance
nesttables \par }{
clbrdrb\brdrs\brdrcf1\clvertalb\cellx5607\trrh343\nestrow{\nonesttables \par }}}
}
{\trowd\cellx676\cellx1301\cellx2046\cellx2574\cellx3167\cellx3823\cellx4507\cel
lx5137\cellx5616\trrh-66\trrh0\itap2
lx5137\cellx5616\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
lcbpat12\cellx677\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx988\clvertalb\cl
shdng100\clcfpat12\clcbpat12\cellx1299\clvertalb\clshdng100\clcfpat12\clcbpat12\
cellx1300\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx1587\clvertalb\clshdng10
43\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx2044\clvertalb\clshdng100\clcfp
100\clcfpat12\clcbpat12\cellx5603\trrh137\itap2
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\b\ql CLL(c)\itap2\nestcell{\nonesttab

100\clcfpat12\clcbpat12\cellx5603\trrh137\nestrow{\nonesttables \par }}}}
{\trowd\cellx676\clvertalb\cellx677\clvertalb\cellx988\clvertalb\cellx1299\clver
talb\cellx5603\trrh137\itap2
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\ql Americas\itap2\nestcell{\nonesttab
rd\plain\intbl\cf1\f51\fs11\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\
intbl\cf1\f51\fs11\qr 1,179\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 66\it
\par }\pard\plain\intbl\cf1\f51\fs11\ql $\itap2\nestcell{\nonesttables \par }\p
1\qr 630\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap

onesttables \par }\pard\plain\intbl\cf1\f51\fs11\ql $\itap2\nestcell{\nonesttabl
es \par }\pard\plain\intbl\cf1\f51\fs11\qr (10\itap2\nestcell{\nonesttables \par
}\pard\plain\intbl\cf1\f51\fs11\ql )\itap2\nestcell{\nonesttables \par }\pard\p
1\qr (558\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\ql )
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\ql $\itap2\nestcell{\nones
ttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 55\itap2\nestcell{\nonesttables
lain\intbl\cf1\f51\fs11\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intb
l\cf1\f51\fs11\qr 1,362\itap2\nestcell{\nonesttables \par }{
talb\cellx5603\trrh137\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\ql Europe\itap2\nestcell{\nonesttable
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr \u8212?\itap2\nes
ntbl\cf1\f51\fs11\qr 575\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
intbl\cf1\f51\fs11\qr (70\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\c

bl\cf1\f51\fs11\qr 28\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 382\itap2\nestc
1\f51\fs11\qr 244\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr (10\itap2\nestcell{
bl\cf1\f51\fs11\qr 234\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 108\itap2\nest
tbl\cf1\f51\fs11\qr (23\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr (94\itap2\nestcell{\no
nesttables \par }\pard\plain\intbl\cf1\f51\fs11\ql )\itap2\nestcell{\nonesttable
cf1\f51\fs11\qr 9\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\ql Other\itap2\nestcell{\nonesttables
f1\f51\fs11\qr 11\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr \u8212?\itap2\nestc
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr (1\itap2\nestce
intbl\cf1\f51\fs11\qr (2\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr \u8212?\itap2\nestcel
\cf1\f51\fs11\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 8\itap2\nest
cell{\nonesttables \par }{
lx5137\cellx5616\trrh0\itap2
lx5137\cellx5616\trrh0\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\b\ql Consumer(c)\itap2\nestcell{\none
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\ql Non-U.S.\plain\intbl\cf1\f51\fs11\
ql residential\plain\intbl\cf1\f51\fs11\ql mortgages\itap2\nestcell{\nonesttab
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 184\itap2\
n\intbl\cf1\f51\fs11\qr (105\itap2\nestcell{\nonesttables \par }\pard\plain\intb
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr (187\itap2\nestce
intbl\cf1\f51\fs11\qr 51\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
ql installment\plain\intbl\cf1\f51\fs11\ql and\plain\intbl\cf1\f51\fs11\ql re
volving\plain\intbl\cf1\f51\fs11\ql credit\itap2\nestcell{\nonesttables \par }\
s11\qr 1,181\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr \u8212?\itap2\nestcell{\
1\f51\fs11\qr 1,181\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16
51\fs11\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr (987\itap2\nestcell{\non
installment\plain\intbl\cf1\f51\fs11\ql and\plain\intbl\cf1\f51\fs11\ql revolv
ing\plain\intbl\cf1\f51\fs11\ql credit\itap2\nestcell{\nonesttables \par }\pard
qr 1,698\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
\f51\fs11\qr (1\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs1
esttables \par }\pard\plain\intbl\cf1\f51\fs11\qr (2,400\itap2\nestcell{\nonestt
51\fs11\qr 251\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 2,754\itap2\nestcell{\
ql auto\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
onesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 308\itap2\nestcell{\nonestta
bl\cf1\f51\fs11\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 308\itap2\nestcell{\non
n\intbl\cf1\f51\fs11\qr 71\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr (43\itap2\nestcell{\non
f1\f51\fs11\qr (204\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51
\fs11\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\it
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 102\itap2\nestcell{\nonest
ntbl\cf1\f51\fs11\qr 234\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\ql Other\itap2\nestcell{\nonesttables
tbl\cf1\f51\fs11\qr 300\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 165\itap2\nes
ntbl\cf1\f51\fs11\qr (34\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr (217\itap2\nestcell{\
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 257\itap2\nestce
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\b\ql Real Estate\itap2\nestcell{\none
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 42\itap2
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 645\it
plain\intbl\cf1\f51\fs11\qr (11\itap2\nestcell{\nonesttables \par }\pard\plain\i
in\intbl\cf1\f51\fs11\qr 1\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\b\ql Energy\plain\intbl\cf1\f51\fs11\
b\ql Financial\plain\intbl\cf1\f51\fs11\b\ql Services\itap2\nestcell{\nonestta
\intbl\cf1\f51\fs11\qr 28\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 24\itap2\ne
f51\fs11\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 53\itap2\nestcell
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\b\ql GECAS(c)\itap2\nestcell{\nonestt
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr \u8212?\itap2
in\intbl\cf1\f51\fs11\qr 104\itap2\nestcell{\nonesttables \par }\pard\plain\intb
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\b\ql Other\itap2\nestcell{\nonesttabl

nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr \u8212?\itap2\nes
ntbl\cf1\f51\fs11\qr 34\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr (3\itap2\nestcell{\non
f1\f51\fs11\qr 1\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
tcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 50\itap2\nestcell{\n
onesttables \par }{
llx988\clbrdrt\brdrs\brdrcf1\clvertalb\cellx1299\clvertalb\cellx1300\clbrdrt\brd
rs\brdrcf1\clvertalb\cellx1587\clbrdrt\brdrs\brdrcf1\clvertalb\cellx1977\cellx20
43\clvertalb\cellx2044\clbrdrt\brdrs\brdrcf1\clvertalb\cellx2293\clbrdrt\brdrs\b
rdrcf1\clvertalb\cellx2569\clvertalb\cellx2570\clbrdrt\brdrs\brdrcf1\clvertalb\c
ellx2818\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3094\cellx3160\clvertalb\cellx3161
\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3358\clbrdrt\brdrs\brdrcf1\clvertalb\cellx
3748\cellx3814\clvertalb\cellx3815\clbrdrt\brdrs\brdrcf1\clvertalb\cellx4040\clb
rdrt\brdrs\brdrcf1\clvertalb\cellx4430\cellx4496\clvertalb\cellx4497\clbrdrt\brd
rs\brdrcf1\clvertalb\cellx4735\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5125\clverta
lb\cellx5126\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5327\clbrdrt\brdrs\brdrcf1\clv
ertalb\cellx5603\trrh-66\trrh0\itap2

llx988\clbrdrt\brdrs\brdrcf1\clvertalb\cellx1299\clvertalb\cellx1300\clbrdrt\brd
rs\brdrcf1\clvertalb\cellx1587\clbrdrt\brdrs\brdrcf1\clvertalb\cellx1977\cellx20
43\clvertalb\cellx2044\clbrdrt\brdrs\brdrcf1\clvertalb\cellx2293\clbrdrt\brdrs\b
rdrcf1\clvertalb\cellx2569\clvertalb\cellx2570\clbrdrt\brdrs\brdrcf1\clvertalb\c
ellx2818\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3094\cellx3160\clvertalb\cellx3161
\clbrdrt\brdrs\brdrcf1\clvertalb\cellx3358\clbrdrt\brdrs\brdrcf1\clvertalb\cellx
3748\cellx3814\clvertalb\cellx3815\clbrdrt\brdrs\brdrcf1\clvertalb\cellx4040\clb
rdrt\brdrs\brdrcf1\clvertalb\cellx4430\cellx4496\clvertalb\cellx4497\clbrdrt\brd
rs\brdrcf1\clvertalb\cellx4735\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5125\clverta
lb\cellx5126\clbrdrt\brdrs\brdrcf1\clvertalb\cellx5327\clbrdrt\brdrs\brdrcf1\clv
ertalb\cellx5603\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-88\cf1\f51\fs11\b\ql Total\itap2\nestcell{\nonesttabl
ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 1,700\
\pard\plain\intbl\cf1\f51\fs11\qr 9,805\itap2\nestcell{\nonesttables \par }\pard
cf1\f51\fs11\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\f
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\ql $\itap2\nestcell{\nonest
tables \par }\pard\plain\intbl\cf1\f51\fs11\qr (412\itap2\nestcell{\nonesttables
\par }\pard\plain\intbl\cf1\f51\fs11\ql )\itap2\nestcell{\nonesttables \par }\p
11\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2

{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs11\qr 829\itap2\nestcell{\nones
}\pard\plain\intbl\cf1\f51\fs11\ql $\itap2\nestcell{\nonesttables \par }\pard\pl
ain\intbl\cf1\f51\fs11\qr 9,093\itap2\nestcell{\nonesttables \par }{
ellx988\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx1299\clvertalb\cellx1300\clbrdrt\b
rdrdb\brdrcf1\clvertalb\cellx1587\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx1977\cel
lx2043\clvertalb\cellx2044\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx2293\clbrdrt\br
drdb\brdrcf1\clvertalb\cellx2569\clvertalb\cellx2570\clbrdrt\brdrdb\brdrcf1\clve
rtalb\cellx2818\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx3094\cellx3160\clvertalb\c
ellx3161\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx3358\clbrdrt\brdrdb\brdrcf1\clver
talb\cellx3748\cellx3814\clvertalb\cellx3815\clbrdrt\brdrdb\brdrcf1\clvertalb\ce
llx4040\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4430\cellx4496\clvertalb\cellx4497
\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4735\clbrdrt\brdrdb\brdrcf1\clvertalb\cel
drdb\brdrcf1\clvertalb\cellx5603\trrh-66\trrh0\itap2
ellx988\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx1299\clvertalb\cellx1300\clbrdrt\b
rdrdb\brdrcf1\clvertalb\cellx1587\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx1977\cel
drdb\brdrcf1\clvertalb\cellx2569\clvertalb\cellx2570\clbrdrt\brdrdb\brdrcf1\clve
rtalb\cellx2818\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx3094\cellx3160\clvertalb\c
ellx3161\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx3358\clbrdrt\brdrdb\brdrcf1\clver
talb\cellx3748\cellx3814\clvertalb\cellx3815\clbrdrt\brdrdb\brdrcf1\clvertalb\ce
llx4040\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4430\cellx4496\clvertalb\cellx4497
\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4735\clbrdrt\brdrdb\brdrcf1\clvertalb\cel
drdb\brdrcf1\clvertalb\cellx5603\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Other primarily included the effects of currency exch
ange.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
\par }{
{\trowd\cellx924\clvertalb\cellx925\cellx1259\cellx1630\clvertalb\cellx1631\cell
x1963\cellx2334\clvertalb\cellx2335\cellx2596\cellx3119\cellx3208\clvertalb\cell
x3209\cellx3511\cellx4034\cellx4123\clvertalb\cellx4124\cellx4443\cellx4966\clve
rtalb\cellx4967\cellx5236\cellx5607\trrh-66\trrh0\itap2
{\trowd\cellx924\clvertalb\cellx925\cellx1259\cellx1630\clvertalb\cellx1631\cell
x1963\cellx2334\clvertalb\cellx2335\cellx2596\cellx3119\cellx3208\clvertalb\cell
x3209\cellx3511\cellx4034\cellx4123\clvertalb\cellx4124\cellx4443\cellx4966\clve
rtalb\cellx4967\cellx5236\cellx5607\trrh-66\trrh0\nestrow{\nonesttables \par }}}
}
drb\brdrs\brdrcf1\clvertalb\cellx5608\trrh460\itap2

ain\intbl\cf1\f51\fs12\b\qc Balance
par }\pard\plain\intbl\cf1\f51\fs12\b\qc Provision
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs12\b\qc charged to
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs12\b\qc operations\itap2\nestc
bles \par }\pard\plain\intbl\cf1\f51\fs12\b\qc Other(a)\itap2\nestcell{\nonestta
bl\cf1\f51\fs12\b\qc Gross
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs12\b\qc write-offs\itap2\nestc
ard\plain\intbl\cf1\f51\fs12\b\qc Recoveries\itap2\nestcell{\nonesttables \par }
ntbl\cf1\f51\fs12\b\qc Balance
onesttables \par }{
drb\brdrs\brdrcf1\clvertalb\cellx5608\trrh460\nestrow{\nonesttables \par }}}}
{\trowd\cellx924\cellx1631\cellx2336\cellx3212\cellx4129\cellx4973\cellx5615\trr
h-66\trrh0\itap2
h-66\trrh0\nestrow{\nonesttables \par }}}}
4967\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx5236\clvertalb\clshdng100\clc
fpat12\clcbpat12\cellx5607\trrh184\itap2
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\b\ql CLL(b)\itap2\nestcell{\nonestta

fpat12\clcbpat12\cellx5607\trrh184\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\ql Americas\itap2\nestcell{\nonestta
ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 736\it
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\ql $\itap2\nestcell{\nonestta
bles \par }\pard\plain\intbl\cf1\f51\fs14\qr (33\itap2\nestcell{\nonesttables \p
esttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 44\itap2\nestcell{\nonesttable
tbl\cf1\f51\fs14\qr 1,133\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\ql Europe\itap2\nestcell{\nonesttabl
rd\plain\intbl\cf1\f51\fs14\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr (192\itap2\
plain\intbl\cf1\f51\fs14\qr 36\itap2\nestcell{\nonesttables \par }\pard\plain\in
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 120\itap2\nestcell
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr (85\itap2\nest

n\intbl\cf1\f51\fs14\qr 7\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 199\itap2\n
cf1\f51\fs14\qr 4\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 3\itap2\nestcell{\n
ain\intbl\cf1\f51\fs14\qr 2\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr (1\itap2\nestcell{\non
f1\f51\fs14\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 8\itap2\nestce

h-66\trrh0\itap2
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\b\ql Consumer(b)\itap2\nestcell{\non
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\ql Non-U.S.\plain\intbl\cf1\f51\fs14
\ql residential\plain\intbl\cf1\f51\fs14\ql mortgages\itap2\nestcell{\nonestta

pard\plain\intbl\cf1\f51\fs14\qr 59\itap2\nestcell{\nonesttables \par }\pard\pla
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 828\itap2
\ql installment\plain\intbl\cf1\f51\fs14\ql and\plain\intbl\cf1\f51\fs14\ql r
evolving\plain\intbl\cf1\f51\fs14\ql credit\itap2\nestcell{\nonesttables \par }
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr (1,092\itap2\nestcell{\
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 1,141\itap2\nes
installment\plain\intbl\cf1\f51\fs14\ql and\plain\intbl\cf1\f51\fs14\ql revol
ving\plain\intbl\cf1\f51\fs14\ql credit\itap2\nestcell{\nonesttables \par }\par
intbl\cf1\f51\fs14\qr (497\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr (1,438\itap2\nestce
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 1,575\itap2\
\ql auto\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\ita
nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 203\itap2\nestcell{\nonestt

in\intbl\cf1\f51\fs14\qr 264\itap2\nestcell{\nonesttables \par }{
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr (163\itap2\n
lain\intbl\cf1\f51\fs14\qr 27\itap2\nestcell{\nonesttables \par }\pard\plain\int
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 234\ita
h-66\trrh0\itap2
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\b\ql Real Estate\itap2\nestcell{\non
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 344\itap2
ar }\pard\plain\intbl\cf1\f51\fs14\qr 10\itap2\nestcell{\nonesttables \par }\par
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr (85\itap2
h-66\trrh0\itap2
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\b\ql Energy\plain\intbl\cf1\f51\fs14
\b\ql Financial\plain\intbl\cf1\f51\fs14\b\ql Services\itap2\nestcell{\nonestt
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 32\itap2\nestc
ard\plain\intbl\cf1\f51\fs14\qr 2\itap2\nestcell{\nonesttables \par }\pard\plain
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr \u8212?\itap2\ne
intbl\cf1\f51\fs14\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\int
h-66\trrh0\itap2
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\b\ql GECAS(b)\itap2\nestcell{\nonest
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 1\itap2\nestc
ard\plain\intbl\cf1\f51\fs14\qr (1\itap2\nestcell{\nonesttables \par }\pard\plai
n\intbl\cf1\f51\fs14\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr \u8212?\ita
lain\intbl\cf1\f51\fs14\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plai
h-66\trrh0\itap2
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\b\ql Other\itap2\nestcell{\nonesttab
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 12\itap2\nestcel

d\plain\intbl\cf1\f51\fs14\qr 1\itap2\nestcell{\nonesttables \par }\pard\plain\i
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr (14\itap2\nestcell
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 27\itap2\
llx1259\clbrdrt\brdrs\brdrcf1\clvertalb\cellx1630\clvertalb\cellx1631\clbrdrt\br
drs\brdrcf1\clvertalb\cellx1963\clbrdrt\brdrs\brdrcf1\clvertalb\cellx2334\clvert
s\brdrcf1\clvertalb\cellx5607\trrh-66\trrh0\itap2
llx1259\clbrdrt\brdrs\brdrcf1\clvertalb\cellx1630\clvertalb\cellx1631\clbrdrt\br
drs\brdrcf1\clvertalb\cellx1963\clbrdrt\brdrs\brdrcf1\clvertalb\cellx2334\clvert
s\brdrcf1\clvertalb\cellx5607\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-132\cf1\f51\fs14\b\ql Total\itap2\nestcell{\nonesttab
\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\qr 5,153
tbl\cf1\f51\fs14\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f
51\fs14\qr (4,055\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\f
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs14\ql $\itap2\nestcel
}\pard\plain\intbl\cf1\f51\fs14\ql $\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs14\qr 6,607\itap2\nestcell{\nonesttables \par }{
cf1\clvertalb\cellx3119\cellx3208\clvertalb\cellx3209\clbrdrt\brdrdb\brdrcf1\clv
ertalb\cellx3511\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4034\cellx4123\clvertalb\
cellx4124\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4443\clbrdrt\brdrdb\brdrcf1\clve
rtalb\cellx4966\clvertalb\cellx4967\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5236\c
lbrdrt\brdrdb\brdrcf1\clvertalb\cellx5607\trrh-66\trrh0\itap2
cf1\clvertalb\cellx3119\cellx3208\clvertalb\cellx3209\clbrdrt\brdrdb\brdrcf1\clv
ertalb\cellx3511\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4034\cellx4123\clvertalb\
cellx4124\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx4443\clbrdrt\brdrdb\brdrcf1\clve
rtalb\cellx4966\clvertalb\cellx4967\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx5236\c
lbrdrt\brdrdb\brdrcf1\clvertalb\cellx5607\trrh-66\trrh0\nestrow{\nonesttables \p
ar }}}}
par }\pard\plain\intbl\cf1\f51\fs16\ql Other primarily included the effects of s
ecuritization activity and currency\plain\intbl\cf1\f51\fs16\ql exchange.\itap2
\pard\plain\intbl
\par }{
x10629\trrh825\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Property, Plant and Eq
uipment{\*\bkmkstart c5ece304434ea2989a630384a18bda93}{\*\bkmkend c5ece304434ea2
989a630384a18bda93}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Property, Plant and Equipment
x6833\trrh68
\pard\plain\intbl\cf1\f51\fs16\ql Property, Plant and Equipment\cell\pard\plain\
intbl\sb286\cf1\f51\fs16\b\ql 6. PROPERTY, PLANT AND EQUIPMENT\par\pard\plain\in
tbl\sb88\cf1\f51\fs16\ql Property, plant and equipment - net, consisted of the f
ollowing.
llx2479\cellx2789\cellx3350\cellx3445\trrh-66\trrh0\itap2
llx2479\cellx2789\cellx3350\cellx3445\trrh-66\trrh0\nestrow{\nonesttables \par }
}}}
ain\intbl\cf1\f51\fs13\b\qc December 31,
par }{
}}}
x3350\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx3445\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Original cost\itap2\nestcell{\non
r }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\
plain\intbl\cf1\f51\fs16\qr 108,976\itap2\nestcell{\nonesttables \par }\pard\pla
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 113,315\it
x3350\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx3445\trrh206\nestrow{\nonest
tables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Less accumulated\plain\intbl\cf1\
f51\fs16\ql depreciation and\plain\intbl\cf1\f51\fs16\ql amortization\itap2\ne
}\pard\plain\intbl\cf1\f51\fs16\qr (43,618\itap2\nestcell{\nonesttables \par }\p

ard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain
,103\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap
x3350\cellx3445\trrh-66\trrh0\itap2
x3350\cellx3445\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
x3350\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx3445\trrh412\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Property, plant and\plain\intbl\c
f1\f51\fs16\ql equipment - net\itap2\nestcell{\nonesttables \par }\pard\plain\i
x3350\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx3445\trrh412\nestrow{\nonest
tables \par }}}}
cellx3350\cellx3445\trrh-66\trrh0\itap2
cellx3350\cellx3445\trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\plain\int
bl\f0\fs16\ql \~\cell{
x6833\trrh68\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Goodwill and Other Int
angible Assets{\*\bkmkstart gmnh186c679280fa92c547efb53ddf718789}{\*\bkmkend gmn
h186c679280fa92c547efb53ddf718789}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Goodwill and Other Intangible Assets
x10759\trrh1095
\pard\plain\intbl\cf1\f51\fs16\ql Goodwill and Other Intangible Assets\cell\pard
\plain\intbl\cf1\f51\fs16\b\ql 7. GOODWILL AND OTHER INTANGIBLE ASSETS\par\pard\
plain\intbl\sb88\cf1\f51\fs16\ql Goodwill and other intangible assets - net, con
sisted of the following.
itap2
par }\pard\plain\intbl\cf1\f51\fs13\b\qc December\plain\intbl\cf1\f51\fs13\b\qc
31,
onesttables \par }{
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Goodwill\itap2\nestcell{\nonest
trrh-66\trrh0\itap2
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Other intangible assets\itap2\n
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Intangible assets subject to amor
tization\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcel
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 10,842\itap2\nestcell{\n

d\plain\intbl\cf1\f51\fs16\qr 11,824\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Indefinite-lived intangible asset
s(a)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
f1\f51\fs16\qr 105\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
-66\trrh0\itap2
trrh-66\trrh0\itap2

par }\pard\plain\intbl\cf1\f51\fs16\ql Indefinite-lived intangible assets princi
pally comprised trademarks and tradenames.\itap2\nestcell{\nonesttables \par }{
tbl\sb198\cf1\f51\fs16\ql Changes in goodwill balances follow.
llx4678\cellx5235\clvertalb\cellx5455\cellx5841\cellx6291\cellx6386\clvertalb\ce
llx6606\cellx6851\cellx7329\trrh-66\trrh0\itap2
llx6606\cellx6851\cellx7329\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
alb\cellx6607\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7330\trrh766\itap2
ain\intbl\cf1\f51\fs13\b\qc Balance
par }\pard\plain\intbl\cf1\f51\fs13\b\qc Acquisitions\itap2\nestcell{\nonesttabl
d\plain\intbl\cf1\f51\fs13\b\qc Dispositions,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc currency
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc exchange
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc and other\itap2\nestce
rd\plain\intbl\cf1\f51\fs13\b\qc Balance
onesttables \par }{
alb\cellx6607\clbrdrb\brdrs\brdrcf1\clvertalb\cellx7330\trrh766\nestrow{\nonestt
ables \par }}}}

sttables \par }{
\clcbpat12\cellx6851\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx7329\trrh206\
itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Energy Infrastructure\itap2\nestc
1\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (340\itap2\nest
plain\intbl\cf1\f51\fs16\qr 12,437\itap2\nestcell{\nonesttables \par }{
vertalb\cellx6851\clvertalb\cellx7329\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Technology Infrastructure\itap2\n
51\fs16\qr 22,503\itap2\nestcell{\nonesttables \par }{
vertalb\cellx6851\clvertalb\cellx7329\trrh206\nestrow{\nonesttables \par }}}}

itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql GE Capital\itap2\nestcell{\nonest
s \par }\pard\plain\intbl\cf1\f51\fs16\qr (1,818\itap2\nestcell{\nonesttables \p
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Home & Business Solutions\itap2\n
6\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
f1\f51\fs16\qr 1,011\itap2\nestcell{\nonesttables \par }{
clvertalb\cellx6291\cellx6386\clvertalb\cellx6606\clbrdrt\brdrs\brdrcf1\clvertal
b\cellx6851\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7329\trrh-66\trrh0\itap2
clvertalb\cellx6291\cellx6386\clvertalb\cellx6606\clbrdrt\brdrs\brdrcf1\clvertal
b\cellx6851\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7329\trrh-66\trrh0\nestrow{\non
esttables \par }}}}
itap2
ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 13\ita
les \par }\pard\plain\intbl\cf1\f51\fs16\qr (2,493\itap2\nestcell{\nonesttables
\par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pa
\fs16\qr 63,094\itap2\nestcell{\nonesttables \par }{
drcf1\clvertalb\cellx6291\cellx6386\clvertalb\cellx6606\clbrdrt\brdrdb\brdrcf1\c
lvertalb\cellx6851\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7329\trrh-66\trrh0\itap
2

drcf1\clvertalb\cellx6291\cellx6386\clvertalb\cellx6606\clbrdrt\brdrdb\brdrcf1\c
lvertalb\cellx6851\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7329\trrh-66\trrh0\nest
row{\nonesttables \par }}}}\pard\plain\intbl\sb198\cf1\f51\fs16\ql Goodwill bala
nces decreased $\plain\intbl\cf1\f51\fs16\ql 2,480\plain\intbl\cf1\f51\fs16\ql
million during the first six months of 2010, primarily as a result of the\plain\
intbl\cf1\f51\fs16\ql stronger U.S. dollar ($\plain\intbl\cf1\f51\fs16\ql 1,78
0\plain\intbl\cf1\f51\fs16\ql million) and the deconsolidation of Regency Ener
gy Partners L.P. (Regency) at GE\plain\intbl\cf1\f51\fs16\ql Capital ($\plain\i
ntbl\cf1\f51\fs16\ql 557\plain\intbl\cf1\f51\fs16\ql million).\par\pard\plain
\intbl\sb198\cf1\f51\fs16\ql On May 26, 2010, we sold our general partnership in
terest in Regency, a midstream natural gas services provider,\plain\intbl\cf1\f5
1\fs16\ql and retained a\plain\intbl\cf1\f51\fs16\ql 21\plain\intbl\cf1\f51\f
s16\ql % limited partnership interest. This resulted in the deconsolidation of
Regency and the\plain\intbl\cf1\f51\fs16\ql remeasurement of our limited partne
rship interest to fair value. We recorded a pre-tax gain of $\plain\intbl\cf1\f5
1\fs16\ql 119\plain\intbl\cf1\f51\fs16\ql million,\plain\intbl\cf1\f51\fs16\q
l which is reported in GECS revenues from services.\par\pard\plain\intbl\cf1\f5
1\fs16\b\ql Intangible Assets Subject to Amortization
vertalb\cellx7373\cellx7487\cellx7965\trrh-66\trrh0\itap2
vertalb\cellx7373\cellx7487\cellx7965\trrh-66\trrh0\nestrow{\nonesttables \par }
}}}
itap2
c December 31, 2009\itap2\nestcell{\nonesttables \par }{
drb\brdrs\brdrcf1\clvertalb\cellx7163\clvertalb\cellx7258\clvertalb\cellx7373\cl
brdrb\brdrs\brdrcf1\clvertalb\cellx7965\trrh516\itap2
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc amount\itap2\nestcell{
\par }\pard\plain\intbl\cf1\f51\fs13\b\qc Accumulated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc amortization\itap2\nes
\pard\plain\intbl\cf1\f51\fs13\b\qc Net\itap2\nestcell{\nonesttables \par }\pard
cf1\f51\fs13\b\qc Gross
\par }\pard\plain\intbl\cf1\f51\fs13\b\qc Accumulated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc amortization\itap2\nes
\pard\plain\intbl\cf1\f51\fs13\b\qc Net\itap2\nestcell{\nonesttables \par }{
drb\brdrs\brdrcf1\clvertalb\cellx7163\clvertalb\cellx7258\clvertalb\cellx7373\cl
brdrb\brdrs\brdrcf1\clvertalb\cellx7965\trrh516\nestrow{\nonesttables \par }}}}
{\trowd\cellx2804\cellx3629\cellx4679\cellx5372\cellx6200\cellx7264\cellx7971\tr
rh-66\trrh0\itap2

{\trowd\cellx2804\cellx3629\cellx4679\cellx5372\cellx6200\cellx7264\cellx7971\tr
lcfpat12\clcbpat12\cellx7965\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Customer-related\itap2\nestcell{\
\qr (1,523\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql
)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestc
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\none
sttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 4,303\itap2\nestcell{\nonesttab
\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1,39
}{
lcfpat12\clcbpat12\cellx7965\trrh206\nestrow{\nonesttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Patents, licenses and trademarks\

f51\fs16\qr (2,404\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\
fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\ita
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (2,177\it
ard\plain\intbl\cf1\f51\fs16\qr 3,021\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Capitalized software\itap2\nestce
(4,201\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\it
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (4,127\itap2\nestcell
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Lease valuations\itap2\nestcell{\
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (831
r 1,754\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (793\itap2\nestcell{\nonestta
1\fs16\qr 961\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Present value of future profits\i
s \par }\pard\plain\intbl\cf1\f51\fs16\qr 889\itap2\nestcell{\nonesttables \par

ntbl\cf1\f51\fs16\qr 451\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql All other\itap2\nestcell{\nonestt
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (296\itap2\ne
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 745\ita
b\cellx5717\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6195\clvertalb\cellx6310\clbrdr
t\brdrs\brdrcf1\clvertalb\cellx6713\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7163\ce
llx7258\clvertalb\cellx7373\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7487\clbrdrt\br
drs\brdrcf1\clvertalb\cellx7965\trrh-66\trrh0\itap2
b\cellx5717\clbrdrt\brdrs\brdrcf1\clvertalb\cellx6195\clvertalb\cellx6310\clbrdr
t\brdrs\brdrcf1\clvertalb\cellx6713\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7163\ce
llx7258\clvertalb\cellx7373\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7487\clbrdrt\br
drs\brdrcf1\clvertalb\cellx7965\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (9,707
par }\pard\plain\intbl\cf1\f51\fs16\qr 10,842\itap2\nestcell{\nonesttables \par
intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1
\f51\fs16\qr 21,211\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16

ard\plain\intbl\cf1\f51\fs16\qr 11,824\itap2\nestcell{\nonesttables \par }{
lvertalb\cellx5717\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx6195\clvertalb\cellx631
llx7163\cellx7258\clvertalb\cellx7373\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7487
\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7965\trrh-66\trrh0\itap2
lvertalb\cellx5717\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx6195\clvertalb\cellx631
llx7163\cellx7258\clvertalb\cellx7373\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7487
\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7965\trrh-66\trrh0\nestrow{\nonesttables
\par }}}}\pard\plain\intbl\sb198\cf1\f51\fs16\ql Consolidated amortization relat
ed to intangible assets subject to amortization was $\plain\intbl\cf1\f51\fs16\q
l 452\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 553
\plain\intbl\cf1\f51\fs16\ql million\plain\intbl\cf1\f51\fs16\ql for the three

months ended June 30, 2010 and 2009, respectively. Consolidated amortization re
lated to intangible\plain\intbl\cf1\f51\fs16\ql assets subject to amortization
for the six months ended June 30, 2010 and 2009, was $\plain\intbl\cf1\f51\fs16\
ql 858\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql
1,013\plain\intbl\cf1\f51\fs16\ql million, respectively.\cell{
x10759\trrh1095\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc GECS Borrowings and Ba
nk Deposits{\*\bkmkstart gmnh3827cc3efdf0b9e4d0fac5adf5be65af}{\*\bkmkend gmnh38
27cc3efdf0b9e4d0fac5adf5be65af}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql GECS Borrowings and Bank Deposits
x10759\trrh619
\pard\plain\intbl\cf1\f51\fs16\ql GECS Borrowings and Bank Deposits\cell\pard\pl
ain\intbl\cf1\f51\fs16\b\ql 8. GECS BORROWINGS AND BANK DEPOSITS\par\pard\plain\
intbl\sb88\cf1\f51\fs16\ql GECS borrowings are summarized in the following table
.
itap2
onesttables \par }{

}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Short-term borrowings\itap2\nes
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Commercial paper\itap2\nestcell{\
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql U.S.\itap2\nestcell{\nonesttables
l $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 37,775\
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Non-U.S.\itap2\nestcell{\nonestta
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Current portion of long-term borr
owings(a)(b)(c)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 63,000\itap2\nestcell
\plain\intbl\cf1\f51\fs16\qr 69,883\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql GE Interest Plus notes(d)\itap2\n
6\qr 7,541\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other(c)\itap2\nestcell{\nonestta
-66\trrh0\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql GECS short-term borrowings\itap2\
\par }\pard\plain\intbl\cf1\f51\fs16\qr 121,011\itap2\nestcell{\nonesttables \p
in\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
cf1\f51\fs16\qr 131,137\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
-66\trrh0\itap2
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Long-term borrowings\itap2\nest
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Senior unsecured notes(a)(b)\itap
es \par }\pard\plain\intbl\cf1\f51\fs16\qr 269,641\itap2\nestcell{\nonesttables
l\cf1\f51\fs16\qr 305,306\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Subordinated notes(e)\itap2\nestc
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Subordinated debentures(f)\itap2\
r }\pard\plain\intbl\cf1\f51\fs16\qr 6,952\itap2\nestcell{\nonesttables \par }\p
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other(c)(g)\itap2\nestcell{\nones
intbl\cf1\f51\fs16\qr 10,764\itap2\nestcell{\nonesttables \par }\pard\plain\intb
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 10,752\i
-66\trrh0\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql GECS long-term borrowings\itap2\n
\par }\pard\plain\intbl\cf1\f51\fs16\qr 289,768\itap2\nestcell{\nonesttables \pa
f1\f51\fs16\qr 326,391\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
-66\trrh0\itap2
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Non-recourse borrowings of cons
olidated\plain\intbl\cf1\f51\fs16\b\ql securitization entities(h)\itap2\nestcel
\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\
-66\trrh0\itap2

}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Bank deposits(i)\itap2\nestcell
s \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\
pard\plain\intbl\cf1\f51\fs16\qr 37,471\itap2\nestcell{\nonesttables \par }\pard
s16\qr 38,923\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
-66\trrh0\itap2
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Total borrowings and bank depos
its\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nes
tcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\no
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 481,661\itap2\nestcell{\nones
trrh-66\trrh0\itap2
par }\pard\plain\intbl\cf1\f51\fs16\ql GECC had issued and outstanding $\plain\i
ntbl\cf1\f51\fs16\ql 58,045\plain\intbl\cf1\f51\fs16\ql million and $\plain\int
bl\cf1\f51\fs16\ql 59,336\plain\intbl\cf1\f51\fs16\ql million of senior, unsecu
red debt that was\plain\intbl\cf1\f51\fs16\ql guaranteed by the Federal Deposit
Insurance Corporation (FDIC) under the Temporary Liquidity Guarantee\plain\intb
l\cf1\f51\fs16\ql Program at June 30, 2010 and December 31, 2009, respectively.
Of the above amounts $\plain\intbl\cf1\f51\fs16\ql 13,000\plain\intbl\cf1\f51\
fs16\ql million and\plain\intbl\cf1\f51\fs16\ql $\plain\intbl\cf1\f51\fs16\ql
5,841\plain\intbl\cf1\f51\fs16\ql million is included in current portion of
long-term borrowings at June 30, 2010 and December 31,\plain\intbl\cf1\f51\fs16\
ql 2009, respectively.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Included in total long-term borrowings was $\plain\in
tbl\cf1\f51\fs16\ql 2,624\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl
\cf1\f51\fs16\ql 3,138\plain\intbl\cf1\f51\fs16\ql million of obligations to ho
lders of\plain\intbl\cf1\f51\fs16\ql guaranteed investment contracts at June 30
, 2010 and December 31, 2009, respectively. GECC could be\plain\intbl\cf1\f51\fs
16\ql required to repay up to approximately $\plain\intbl\cf1\f51\fs16\ql 2,50
0\plain\intbl\cf1\f51\fs16\ql million if its long-term credit rating were to f
all below\plain\intbl\cf1\f51\fs16\ql AA-/Aa3 or its short-term credit rating w
ere to fall below A-1+/P-1.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Included $\plain\intbl\cf1\f51\fs16\ql 10,400\plain\i
ntbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 10,604\plain\int
bl\cf1\f51\fs16\ql million of secured funding at June 30, 2010 and December 31,
2009,\plain\intbl\cf1\f51\fs16\ql respectively, of which $\plain\intbl\cf1\f51
\fs16\ql 3,795\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\
fs16\ql 5,667\plain\intbl\cf1\f51\fs16\ql million is non-recourse to GECS at
June 30, 2010 and\plain\intbl\cf1\f51\fs16\ql December 31, 2009, respectively.\
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (d)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Entirely variable denomination floating rate demand n
otes.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (e)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Included $\plain\intbl\cf1\f51\fs16\ql 417\plain\intb
l\cf1\f51\fs16\ql million of subordinated notes guaranteed by GE at both June 3
0, 2010 and December 31,\plain\intbl\cf1\f51\fs16\ql 2009.\itap2\nestcell{\none
sttables \par }{
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (f)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Subordinated debentures receive rating agency equity
credit and were hedged at issuance to the U.S. dollar\plain\intbl\cf1\f51\fs16\q
l equivalent of $\plain\intbl\cf1\f51\fs16\ql 7,725\plain\intbl\cf1\f51\fs16\q
l million.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (g)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Included $\plain\intbl\cf1\f51\fs16\ql 1,533\plain\in
tbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 1,649\plain\intbl
\cf1\f51\fs16\ql million of covered bonds at June 30, 2010 and December 31, 200
9,\plain\intbl\cf1\f51\fs16\ql respectively. If the short-term credit rating of
GECC were reduced below A-1/P-1, GECC would be\plain\intbl\cf1\f51\fs16\ql req
uired to partially cash collateralize these bonds in an amount up to $\plain\int
bl\cf1\f51\fs16\ql 707\plain\intbl\cf1\f51\fs16\ql million.\itap2\nestcell{\n
onesttables \par }{
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (h)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Included at June 30, 2010 was $\plain\intbl\cf1\f51\f
s16\ql 2,100\plain\intbl\cf1\f51\fs16\ql million of commercial paper, $\plain\i
ntbl\cf1\f51\fs16\ql 11,674\plain\intbl\cf1\f51\fs16\ql million of current port
ion of\plain\intbl\cf1\f51\fs16\ql long-term borrowings and $\plain\intbl\cf1\f
51\fs16\ql 19,637\plain\intbl\cf1\f51\fs16\ql million of long-term borrowings
related to former QSPEs consolidated\plain\intbl\cf1\f51\fs16\ql on January 1,
2010 upon our adoption of ASU 2009-16\plain\intbl\cf1\f51\fs16\ql & 17, previo
usly consolidated liquidating\plain\intbl\cf1\f51\fs16\ql securitization entiti
es and other on-book securitization borrowings. Included at December 31, 2009, w
as\plain\intbl\cf1\f51\fs16\ql $\plain\intbl\cf1\f51\fs16\ql 2,424\plain\intbl
\cf1\f51\fs16\ql million of commercial paper, $\plain\intbl\cf1\f51\fs16\ql 3
78\plain\intbl\cf1\f51\fs16\ql million of current portion of long-term borrowi
ngs and $\plain\intbl\cf1\f51\fs16\ql 1,081\plain\intbl\cf1\f51\fs16\ql millio
n of long-term borrowings issued by consolidated liquidating securitization enti
ties. See Note 16.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (i)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Included $\plain\intbl\cf1\f51\fs16\ql 19,816\plain\i
ntbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 21,252\plain\int
bl\cf1\f51\fs16\ql million of deposits in non-U.S. banks at June 30, 2010 and D
ecember\plain\intbl\cf1\f51\fs16\ql 31, 2009, respectively, and $\plain\intbl\c
f1\f51\fs16\ql 10,882\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\c
f1\f51\fs16\ql 10,476\plain\intbl\cf1\f51\fs16\ql million of certificates of
deposits distributed by\plain\intbl\cf1\f51\fs16\ql brokers with maturities gre
ater than one year at June 30, 2010 and December 31, 2009, respectively.\itap2\n
x10759\trrh619\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Postretirement Benefit
s Plans{\*\bkmkstart gmnh36984cf867b81253a0e68c38d241d3e4}{\*\bkmkend gmnh36984c
f867b81253a0e68c38d241d3e4}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Postretirement Benefits Plans
x10759\trrh68
\pard\plain\intbl\cf1\f51\fs16\ql Postretirement Benefits Plans\cell\pard\plain\
intbl\cf1\f51\fs16\b\ql 9. POSTRETIREMENT BENEFIT PLANS\par\pard\plain\intbl\sb8
8\cf1\f51\fs16\ql We sponsor a number of pension and retiree health and life ins
urance benefit plans. Principal pension plans include the\plain\intbl\cf1\f51\fs
16\ql GE Pension Plan and the GE Supplementary Pension Plan. Principal retiree
benefit plans generally provide health and life\plain\intbl\cf1\f51\fs16\ql ins
urance benefits to employees who retire under the GE Pension Plan with\plain\int
bl\cf1\f51\fs16\ql 10\plain\intbl\cf1\f51\fs16\ql or more years of service.
Other pension\plain\intbl\cf1\f51\fs16\ql plans include the U.S. and non-U.S. p
ension plans with pension assets or obligations greater than $\plain\intbl\cf1\f
51\fs16\ql 50\plain\intbl\cf1\f51\fs16\ql million. Smaller\plain\intbl\cf1\f5
1\fs16\ql pension plans and other retiree benefit plans are not material indivi
dually or in the aggregate. The effect on operations of\plain\intbl\cf1\f51\fs16
\ql the pension plans follows.
fs13\b\qc Principal Pension Plans\itap2\nestcell{\nonesttables \par }\pard\plain
\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{

fs13\b\qc Three months ended\plain\intbl\cf1\f51\fs13\b\qc June 30\itap2\nestce
rd\plain\intbl\cf1\f51\fs13\b\qc Six months ended June\plain\intbl\cf1\f51\fs13\
b\qc 30\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Expected return on plan assets\it

bles \par }\pard\plain\intbl\cf1\f51\fs16\qr (1,084\itap2\nestcell{\nonesttables
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (2,170\itap2\nestcell{\no
tbl\cf1\f51\fs16\qr (2,253\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
bles \par }{
on\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
onesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Prior service cost amortization\i
s \par }\pard\plain\intbl\cf1\f51\fs16\qr 59\itap2\nestcell{\nonesttables \par }
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 161\itap2\nestcell
s \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Net actuarial loss amortization\i
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 83\i
es \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Pension plans cost\itap2\nestcell
pard\plain\intbl\cf1\f51\fs16\qr 248\itap2\nestcell{\nonesttables \par }\pard\pl
fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql
$\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 37\itap2\
ables \par }{
{\trowd\cellx4100\cellx7899\trrh-66\trrh0\itap2
{\trowd\cellx4100\cellx7899\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
fs13\b\qc Other Pension Plans\itap2\nestcell{\nonesttables \par }\pard\plain\int
bl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
sttables \par }{
bles \par }\pard\plain\intbl\cf1\f51\fs16\qr (124\itap2\nestcell{\nonesttables \
fs16\qr (105\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\q
l )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nes
tcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\no
1\f51\fs16\qr (211\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\
fs16\ql )\itap2\nestcell{\nonesttables \par }{
es \par }{

\pard\plain\intbl\cf1\f51\fs16\qr 244\itap2\nestcell{\nonesttables \par }\pard\p
ttables \par }{
s \par }\pard\plain\intbl\cf1\f51\fs16\qr 4\itap2\nestcell{\nonesttables \par }\
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 3\itap
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 5\itap2\nestcell{\none
}{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Net actuarial loss amortization\i
\par }{

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Pension plans cost\itap2\nestcell
$\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 116\itap2
tables \par }{

5\cellx7890\trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl\sb198
\cf1\f51\fs16\ql The effect on operations of principal retiree health and life i
nsurance plans follows.
fs13\b\qc Principal Retiree Health and Life Insurance Plans\itap2\nestcell{\none
}{
sttables \par }{
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\none
sttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (58\itap2\nestcell{\nonesttable
tbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f
es \par }{
ttables \par }{
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 168\
les \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Net actuarial gain amortization\i
s \par }\pard\plain\intbl\cf1\f51\fs16\qr (6\itap2\nestcell{\nonesttables \par }
r }\pard\plain\intbl\cf1\f51\fs16\qr (12\itap2\nestcell{\nonesttables \par }\par

ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (54\i
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nest
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Retiree benefit plans cost\itap2\
\par }\pard\plain\intbl\cf1\f51\fs16\qr 352\itap2\nestcell{\nonesttables \par }
ables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \pa

\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 731\i
6\cellx7891\trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl\f0\fs
16\ql \~\cell{
x10759\trrh68\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Income Taxes{\*\bkmkst
art b39fe92838a9d0dc86b349c63c4f8095}{\*\bkmkend b39fe92838a9d0dc86b349c63c4f809
5}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Income Taxes
x10759\trrh3908
\pard\plain\intbl\cf1\f51\fs16\ql Income Taxes\cell\pard\plain\intbl\cf1\f51\fs1
6\b\ql 10. INCOME TAXES\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql The balance of
"unrecognized tax benefits," the amount of related interest and penalties we ha
ve provided and what we believe to be the\plain\intbl\cf1\f51\fs16\ql range of

reasonably possible changes in the next 12 months, were:
itap2
onesttables \par }{
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Unrecognized tax benefits\itap2\n
\f51\fs16\qr 7,251\itap2\nestcell{\nonesttables \par }{
d reduce tax expense and\plain\intbl\cf1\f51\fs16\ql effective tax rate(a)\itap

ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Accrued interest on unrecognized
tax benefits\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,498\itap2\nestcell{\no
in\intbl\cf1\f51\fs16\qr 1,369\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Accrued penalties on unrecognized
tax benefits\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 99\itap2\nestcell{\none
\intbl\cf1\f51\fs16\qr 99\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Reasonably possible reduction to
the balance of unrecognized tax\plain\intbl\cf1\f51\fs16\ql benefits in succeed
ing 12 months\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 0-2,100\itap2\nestcell{
plain\intbl\cf1\f51\fs16\qr 0-1,800\itap2\nestcell{\nonesttables \par }{
d reduce tax expense and\plain\intbl\cf1\f51\fs16\ql effective tax rate(a)\itap

par }\pard\plain\intbl\cf1\f51\fs16\qr 0-1,600\itap2\nestcell{\nonesttables \par
1\fs16\qr 0-1,400\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
par }\pard\plain\intbl\cf1\f51\fs16\ql Some portion of such reduction may be rep
orted as discontinued operations.\itap2\nestcell{\nonesttables \par }{
tbl\sb198\cf1\f51\fs16\ql The IRS is currently auditing our consolidated income
tax returns for 2003-2007. In addition, certain other U.S. tax deficiency issues
and\plain\intbl\cf1\f51\fs16\ql refund claims for previous years remain unreso
lved. It is reasonably possible that the 2003-2005 U.S. audit cycle will be comp
leted\plain\intbl\cf1\f51\fs16\ql during the next 12 months, which could result
in a decrease in our balance of "unrecognized tax benefits" - that is, the aggr
egate tax\plain\intbl\cf1\f51\fs16\ql effect of differences between tax return
positions and the benefits recognized in our financial statements. We believe th
at there are no\plain\intbl\cf1\f51\fs16\ql other jurisdictions in which the ou
tcome of unresolved issues or claims is likely to be material to our results of
operations, financial\plain\intbl\cf1\f51\fs16\ql position or cash flows. We fu
rther believe that we have made adequate provision for all income tax uncertaint
ies.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql GE and GECS file a consolidated
U.S. federal income tax return. The GECS provision for current tax expense inclu
des its effect on the\plain\intbl\cf1\f51\fs16\ql consolidated return. The effe
ct of GECS on the consolidated liability is generally settled in cash as GE tax
payments are due. The effect\plain\intbl\cf1\f51\fs16\ql of GECS on the amount
of the consolidated tax liability from the formation of the NBCU joint venture w
ill be settled in cash when it\plain\intbl\cf1\f51\fs16\ql otherwise would have
reduced the liability of the group absent the tax on formation.\par\pard\plain\
intbl\sb198\cf1\f51\fs16\ql During the first quarter of 2009, following the chan
ge in our external credit ratings, funding actions taken and review of our opera
tions,\plain\intbl\cf1\f51\fs16\ql liquidity and funding, we determined that un
distributed prior-year earnings of non-U.S. subsidiaries of GECS, on which we ha
d\plain\intbl\cf1\f51\fs16\ql previously provided deferred U.S. taxes, would be
indefinitely reinvested outside the U.S. This change increased the amount of pr
ior-year\plain\intbl\cf1\f51\fs16\ql earnings indefinitely reinvested outside t
he U.S. by approximately $\plain\intbl\cf1\f51\fs16\ql 2\plain\intbl\cf1\f51\fs
16\ql billion, resulting in an income tax benefit of $\plain\intbl\cf1\f51\fs1
6\ql 700\plain\intbl\cf1\f51\fs16\ql million in the\plain\intbl\cf1\f51\fs16\
ql first quarter of 2009.\cell{
x10759\trrh3908\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Shareowners' Equity{\*
\bkmkstart gmnh5b5dbca4527f17d36551951114c946ce}{\*\bkmkend gmnh5b5dbca4527f17d3
6551951114c946ce}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Shareowners' Equity
x10759\trrh4394
\pard\plain\intbl\cf1\f51\fs16\ql Shareowners' Equity\cell\pard\plain\intbl\cf1\
f51\fs16\b\ql 11. SHAREOWNERS' EQUITY\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql
A summary of increases (decreases) in GE shareowners' equity that did not result
directly from transactions with shareowners, net\plain\intbl\cf1\f51\fs16\ql o
f income taxes, follows.
vertalb\cellx7829\cellx7977\cellx8455\trrh-66\trrh0\itap2
vertalb\cellx7829\cellx7977\cellx8455\trrh-66\trrh0\nestrow{\nonesttables \par }
}}}
itap2
les \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Six months ended June\plain\intbl\
cf1\f51\fs13\b\qc 30\itap2\nestcell{\nonesttables \par }{
alb\cellx7542\clvertalb\cellx7832\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8459\trrh
172\itap2
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\itap2\nestcell
\plain\intbl\cf1\f51\fs13\b\qc 2009\itap2\nestcell{\nonesttables \par }{
alb\cellx7542\clvertalb\cellx7832\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8459\trrh

sttables \par }{
Company\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\i
plain\intbl\cf1\f51\fs16\qr 5,518\itap2\nestcell{\nonesttables \par }{
}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Investment securities - net\itap2
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,553\it
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 918\i

ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Currency translation adjustments
- net\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
sttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (4,743\itap2\nestcell{\nonestta
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (7,155\itap2\nestcell
}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Cash flow hedges - net\itap2\nest
pard\plain\intbl\cf1\f51\fs16\qr 42\itap2\nestcell{\nonesttables \par }\pard\pla
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Benefit plans - net\itap2\nestcel
}}
1\clvertalb\cellx7977\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8455\trrh-66\trrh0\it
ap2
1\clvertalb\cellx7977\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8455\trrh-66\trrh0\ne
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 11,715\itap2\nest
r }\pard\plain\intbl\cf1\f51\fs16\qr (7\itap2\nestcell{\nonesttables \par }\pard
\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\in
,805\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\brdrcf1\clvertalb\cellx7977\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8455\trrh-66\
trrh0\itap2
\brdrcf1\clvertalb\cellx7977\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8455\trrh-66\
trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl\brdrb\brdrs\sb88\cf1\f51\
fs16\ql On January 1, 2010, we adopted ASU 2009-16 & 17. This resulted in a redu
ction of GE shareowners' equity primarily related to\plain\intbl\cf1\f51\fs16\ql
the reversal of a portion of previously recognized securitization gains. This
adjustment is reflected as a cumulative effect\plain\intbl\cf1\f51\fs16\ql adju

stment of the opening balances of retained earnings ($\plain\intbl\cf1\f51\fs16\
ql 1,708\plain\intbl\cf1\f51\fs16\ql million) and accumulated other comprehen
sive income ($\plain\intbl\cf1\f51\fs16\ql 265\plain\intbl\cf1\f51\fs16\ql mil
lion). See Notes 1 and 16 for additional information.\par\pard\plain\intbl\sb198
\cf1\f51\fs16\ql Changes to noncontrolling interests during the second quarter o
f 2010 resulted from net earnings $\plain\intbl\cf1\f51\fs16\ql 105\plain\intbl\
cf1\f51\fs16\ql million, dividends $\plain\intbl\cf1\f51\fs16\ql (74)\plain\int
bl\cf1\f51\fs16\ql million, the effects of deconsolidating Regency $\plain\intb
l\cf1\f51\fs16\ql (979)\plain\intbl\cf1\f51\fs16\ql million, AOCI $\plain\int
bl\cf1\f51\fs16\ql (48)\plain\intbl\cf1\f51\fs16\ql million and other $\plain
\intbl\cf1\f51\fs16\ql 31\plain\intbl\cf1\f51\fs16\ql million.\plain\intbl\cf
1\f51\fs16\ql Changes to the\plain\intbl\cf1\f51\fs16\ql individual components
of AOCI attributable to noncontrolling interests were insignificant.\par\pard\p
lain\intbl\sb198\cf1\f51\fs16\ql Changes to noncontrolling interests during the
first six months of 2010 resulted from net earnings $\plain\intbl\cf1\f51\fs16\q
l 166\plain\intbl\cf1\f51\fs16\ql million, dividends $\plain\intbl\cf1\f51\fs16
\ql (259)\plain\intbl\cf1\f51\fs16\ql million, the effects of deconsolidating R
egency $\plain\intbl\cf1\f51\fs16\ql (979)\plain\intbl\cf1\f51\fs16\ql millio
n, AOCI $\plain\intbl\cf1\f51\fs16\ql (47)\plain\intbl\cf1\f51\fs16\ql millio
n and other $\plain\intbl\cf1\f51\fs16\ql 65\plain\intbl\cf1\f51\fs16\ql mill
ion.\plain\intbl\cf1\f51\fs16\ql Changes to the individual\plain\intbl\cf1\f51
\fs16\ql components of AOCI attributable to noncontrolling interests were insig
nificant.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql Changes to noncontrolling i
nterests during the second quarter of 2009 resulted from net earnings $\plain\in
tbl\cf1\f51\fs16\ql 12\plain\intbl\cf1\f51\fs16\ql million, dividends $\plain\i
ntbl\cf1\f51\fs16\ql (93)\plain\intbl\cf1\f51\fs16\ql million, AOCI $\plain\int
bl\cf1\f51\fs16\ql 29\plain\intbl\cf1\f51\fs16\ql million and other $\plain\i
ntbl\cf1\f51\fs16\ql (12)\plain\intbl\cf1\f51\fs16\ql million.\plain\intbl\cf
1\f51\fs16\ql Changes to the individual components of AOCI attributable to nonc
ontrolling\plain\intbl\cf1\f51\fs16\ql interests were insignificant.\par\pard\p
lain\intbl\sb198\cf1\f51\fs16\ql Changes to noncontrolling interests during the
first six months of 2009 resulted from net earnings $\plain\intbl\cf1\f51\fs16\q
l 97\plain\intbl\cf1\f51\fs16\ql million, dividends $\plain\intbl\cf1\f51\fs16\
ql (292)\plain\intbl\cf1\f51\fs16\ql million, the effects of deconsolidating Pe
nske Truck Leasing Co., L.P. (PTL) $\plain\intbl\cf1\f51\fs16\ql (331)\plain\in
tbl\cf1\f51\fs16\ql million, AOCI $\plain\intbl\cf1\f51\fs16\ql (4)\plain\int
bl\cf1\f51\fs16\ql million and other $\plain\intbl\cf1\f51\fs16\ql (24)\plain
\intbl\cf1\f51\fs16\ql million.\plain\intbl\cf1\f51\fs16\ql Changes to the in
dividual components of AOCI attributable to noncontrolling interests were insign
ificant.\cell{
x10759\trrh4394\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc GECS Revenues From Ser
vices{\*\bkmkstart gmnh029094e4bf5b5f2bbc8325442b461307}{\*\bkmkend gmnh029094e4
bf5b5f2bbc8325442b461307}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql GECS Revenues From Services
x10759\trrh413
\pard\plain\intbl\cf1\f51\fs16\ql GECS Revenues From Services\cell\pard\plain\in
tbl\cf1\f51\fs16\b\ql 12. GECS REVENUES FROM SERVICES\par\pard\plain\intbl\sb88\
cf1\f51\fs16\ql GECS revenues from services are summarized in the following tabl
e.
itap2
les \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Six months ended June\plain\intbl\
cf1\f51\fs13\b\qc 30\itap2\nestcell{\nonesttables \par }{
b\brdrs\brdrcf1\clvertalb\cellx7724\trrh172\itap2
\fs13\b\qc 2009\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc 2010\i
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\itap2\nestcell{\no
nesttables \par }{
b\brdrs\brdrcf1\clvertalb\cellx7724\trrh172\nestrow{\nonesttables \par }}}}
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Interest on loans(a)\itap2\nestce
}\pard\plain\intbl\cf1\f51\fs16\qr 5,604\itap2\nestcell{\nonesttables \par }\par
}\pard\plain\intbl\cf1\f51\fs16\qr 10,180\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Equipment leased to others\itap2\
16\qr 2,927\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\i
n\intbl\cf1\f51\fs16\qr 6,412\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Fees(a)\itap2\nestcell{\nonesttab

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Investment income(a)(b)\itap2\nes
993\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Financing leases(a)\itap2\nestcel
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Premiums earned by insurance acti
vities\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
esttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 490\itap2\nestcell{\nonesttabl
rd\plain\intbl\cf1\f51\fs16\qr 1,010\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Net securitization gains(a)\itap2
ar }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par
\fs16\qr 394\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\
lain\intbl\cf1\f51\fs16\qr 720\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Real estate investments\itap2\nes

f1\f51\fs16\qr 718\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Associated companies\itap2\nestce
bles \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,057\itap2\nestcell{\nonesttables
1\f51\fs16\qr 474\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other items(c)(d)\itap2\nestcell{
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 749\i

51\fs16\qr 2,267\itap2\nestcell{\nonesttables \par }{
4\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7722\trrh-66\trrh0\itap2
4\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7722\trrh-66\trrh0\nestrow{\nonesttables
\par }}}}
ttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 25,870\itap2\nestcell{\nonesttab
intbl\cf1\f51\fs16\qr 27,436\itap2\nestcell{\nonesttables \par }{
ellx7244\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7722\trrh-66\trrh0\itap2
ellx7244\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7722\trrh-66\trrh0\nestrow{\nones
ttables \par }}}}
par }\pard\plain\intbl\cf1\f51\fs16\ql On January 1, 2010, we adopted ASU 2009-1
6 & 17 which required us to consolidate substantially all of our\plain\intbl\cf1
\f51\fs16\ql former QSPEs. As a result, 2010 GECS Revenues from services includ
e interest and fee income from these\plain\intbl\cf1\f51\fs16\ql entities, whic
h were not presented on a consolidated basis in 2009. Also beginning in 2010, we
no longer record\plain\intbl\cf1\f51\fs16\ql gains for substantially all of ou
r securitizations as they are recorded as on-book financings. See Note 16.\itap2
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Included net other-than-temporary impairments on inve
stment securities of $\plain\intbl\cf1\f51\fs16\ql 56\plain\intbl\cf1\f51\fs16\q
l million and $\plain\intbl\cf1\f51\fs16\ql 97\plain\intbl\cf1\f51\fs16\ql mil
lion in the\plain\intbl\cf1\f51\fs16\ql second quarters of 2010 and 2009, respe
ctively, and $\plain\intbl\cf1\f51\fs16\ql 135\plain\intbl\cf1\f51\fs16\ql mi
llion and $\plain\intbl\cf1\f51\fs16\ql 329\plain\intbl\cf1\f51\fs16\ql milli
on in the first six months of 2010\plain\intbl\cf1\f51\fs16\ql and 2009, respec
tively. See Note 3.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Included a gain on the sale of a limited partnership
interest in PTL and a related gain on the remeasurement of the\plain\intbl\cf1\f
51\fs16\ql retained investment to fair value totaling $\plain\intbl\cf1\f51\fs1
6\ql 296\plain\intbl\cf1\f51\fs16\ql million in the first quarter of 2009.\it
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Including a gain of $\plain\intbl\cf1\f51\fs16\ql 343

\plain\intbl\cf1\f51\fs16\ql million on the remeasurement to fair value of our
equity method investment in BAC\plain\intbl\cf1\f51\fs16\ql Credomatic GECF Inc
. (BAC), following our acquisition of a controlling interest in the second quart
er of 2009.\itap2\nestcell{\nonesttables \par }{
x10759\trrh413\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Earnings Per Share Inf
ormation{\*\bkmkstart c28a1fb3911f04639ecf5a294ebb52e9}{\*\bkmkend c28a1fb3911f0
4639ecf5a294ebb52e9}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Earnings Per Share Information
x10759\trrh2303
\pard\plain\intbl\cf1\f51\fs16\ql Earnings Per Share Information\cell\pard\plain
\intbl\cf1\f51\fs16\b\ql 13. EARNINGS PER SHARE INFORMATION\par\pard\plain\intbl
\sb88\cf1\f51\fs16\ql GE's authorized common stock consists of\plain\intbl\cf1\f
51\fs16\ql 13,200,000,000\plain\intbl\cf1\f51\fs16\ql shares having a par valu
e of $\plain\intbl\cf1\f51\fs16\ql 0.06\plain\intbl\cf1\f51\fs16\ql each. Infor
mation related\plain\intbl\cf1\f51\fs16\ql to the calculation of earnings per s
hare follows.
fs13\b\qc Three months ended June 30\itap2\nestcell{\nonesttables \par }\pard\pl
ain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
fs13\b\qc 2010\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\itap2\nestcell{
\par }{
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Diluted\itap2\nestcell
\plain\intbl\cf1\f51\fs13\b\qc Basic\itap2\nestcell{\nonesttables \par }\pard\pl
c Diluted\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\ita
nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Basic\itap2\nestcell{\non
r }{
sttables \par }{
pany:\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n

\par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Consolidated\itap2\nestcell{\no
ns for per-share\plain\intbl\cf1\f51\fs16\ql calculation(a)\itap2\nestcell{\non

esttables \par }{
d\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestc

ns attributable to\plain\intbl\cf1\f51\fs16\ql common shareowners for per-share
calculation\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nes
for per-share\plain\intbl\cf1\f51\fs16\ql calculation\itap2\nestcell{\nonestta
bl\cf1\f51\fs16\qr (188\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (188\itap2\nestcell{\n
\par }{
ommon shareowners\plain\intbl\cf1\f51\fs16\ql for per-share calculation\itap2\n
ables \par }{
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Average equivalent shares\itap2
\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
ding\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne

res, including\plain\intbl\cf1\f51\fs16\ql stock options\itap2\nestcell{\nonest
{

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Total average equivalent shares\i
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 10,609\
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Per-share amounts\itap2\nestcel
ns\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
esttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 0.30\itap2\nestcell{\nonesttab
\fs16\qr 0.30\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~
ttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 0.26\itap2\nestcell{\nonesttable
s16\qr 0.26\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\i
les \par }\pard\plain\intbl\cf1\f51\fs16\qr (0.02\itap2\nestcell{\nonesttables \
\qr (0.02\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Net earnings\itap2\nestcell{\none
\intbl\cf1\f51\fs16\qr 0.28\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 0.28\itap2\nestcell{\n
\f51\fs16\qr 0.25\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
fs13\b\qc Six months ended June 30\itap2\nestcell{\nonesttables \par }\pard\plai
n\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
fs13\b\qc 2010\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc 2009\itap2\nestcell{
\par }{
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Diluted\itap2\nestcell
\plain\intbl\cf1\f51\fs13\b\qc Basic\itap2\nestcell{\nonesttables \par }\pard\pl
c Diluted\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\ita
nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Basic\itap2\nestcell{\non
r }{
sttables \par }{
pany:\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Consolidated\itap2\nestcell{\no
ns for per-share\plain\intbl\cf1\f51\fs16\ql calculation(a)\itap2\nestcell{\non
esttables \par }{
d\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestc
bles \par }\pard\plain\intbl\cf1\f51\fs16\qr (150\itap2\nestcell{\nonesttables \
\qr (150\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\
es \par }\pard\plain\intbl\cf1\f51\fs16\qr (150\itap2\nestcell{\nonesttables \pa
r }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\
ns attributable to\plain\intbl\cf1\f51\fs16\ql common shareowners for per-share
calculation\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\

for per-share\plain\intbl\cf1\f51\fs16\ql calculation\itap2\nestcell{\nonestta
bl\cf1\f51\fs16\qr (578\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1
\par }{
ommon shareowners\plain\intbl\cf1\f51\fs16\ql for per-share calculation\itap2\n

ables \par }{
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Average equivalent shares\itap2
ding\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
res, including\plain\intbl\cf1\f51\fs16\ql stock options\itap2\nestcell{\nonest
{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Total average equivalent shares\i
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 10,585\
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Per-share amounts\itap2\nestcel

ns\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
esttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 0.51\itap2\nestcell{\nonesttab
\fs16\qr 0.51\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~
s16\qr 0.53\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\i

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Net earnings\itap2\nestcell{\none
\intbl\cf1\f51\fs16\qr 0.45\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 0.46\itap2\nestcell{\n
\f51\fs16\qr 0.51\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
par }\pard\plain\intbl\cf1\f51\fs16\ql Included an insignificant amount of divid
end equivalents in each of the periods presented and an insignificant\plain\intb
l\cf1\f51\fs16\ql amount related to accretion of redeemable securities for the
three and six months ended June 30, 2010.\itap2\nestcell{\nonesttables \par }{

tbl\sb198\cf1\f51\fs16\ql For the three and six months ended June 30, 2010 and 2
009, there were approximately\plain\intbl\cf1\f51\fs16\ql 309\plain\intbl\cf1\f
51\fs16\ql million and\plain\intbl\cf1\f51\fs16\ql 311\plain\intbl\cf1\f51\fs1
6\ql million,\plain\intbl\cf1\f51\fs16\ql respectively, and\plain\intbl\cf1\f5
1\fs16\ql 337\plain\intbl\cf1\f51\fs16\ql million and\plain\intbl\cf1\f51\fs
16\ql 342\plain\intbl\cf1\f51\fs16\ql million, respectively, of outstanding
stock awards that were not included in the\plain\intbl\cf1\f51\fs16\ql computat
ion of diluted earnings per share because their effect was anti-dilutive.\par\pa
rd\plain\intbl\sb198\cf1\f51\fs16\ql Earnings-per-share amounts are computed ind
ependently for earnings from continuing operations, loss from\plain\intbl\cf1\f5
1\fs16\ql discontinued operations and net earnings. As a result, the sum of per
-share amounts from continuing operations and\plain\intbl\cf1\f51\fs16\ql disco
ntinued operations may not equal the total per-share amounts for net earnings.\c
ell{
x10759\trrh2303\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Fair Value Measurement
s{\*\bkmkstart gmnh19f2ee887ec6f92a8d46889bc5400cec}{\*\bkmkend gmnh19f2ee887ec6
f92a8d46889bc5400cec}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Fair Value Measurements
x10759\trrh619
\pard\plain\intbl\cf1\f51\fs16\ql Fair Value Measurements\cell\pard\plain\intbl\
sb286\cf1\f51\fs16\b\ql 14. FAIR VALUE MEASUREMENTS\par\pard\plain\intbl\sb88\cf
1\f51\fs16\ql For a description on how we estimate fair value, see Note 1 in our
2009 consolidated financial statements for information.\par\pard\plain\intbl\sb
198\cf1\f51\fs16\ql The following tables present our assets and liabilities meas
ured at fair value on a recurring basis. Included in the tables are\plain\intbl\
cf1\f51\fs16\ql investment securities of $\plain\intbl\cf1\f51\fs16\ql 27,329\
plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 25,729\
plain\intbl\cf1\f51\fs16\ql million at June 30, 2010 and December 31, 2009, re
spectively, primarily\plain\intbl\cf1\f51\fs16\ql supporting obligations to ann
uitants and policyholders in our run-off insurance operations, and $\plain\intbl
\cf1\f51\fs16\ql 6,168\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\
cf1\f51\fs16\ql 6,629\plain\intbl\cf1\f51\fs16\ql million at June 30, 2010 and
December 31, 2009, respectively, supporting obligations to holders of GICs in T
rinity (which\plain\intbl\cf1\f51\fs16\ql ceased issuing new investment contrac
ts beginning in the first quarter of 2010), and investment securities held at ou
r global\plain\intbl\cf1\f51\fs16\ql banks. Such securities are mainly investme
nt-grade.
0\itap2

drb\brdrs\brdrcf1\clvertalb\cellx8821\trrh344\itap2
ain\intbl\cf1\f51\fs13\b\qc Level 1(a)\itap2\nestcell{\nonesttables \par }\pard\
f1\f51\fs13\b\qc Level 2(a)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
\b\qc Level 3(b)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Netti
ng
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc adjustment(c)\itap2\ne
}\pard\plain\intbl\cf1\f51\fs13\b\qc Net balance\itap2\nestcell{\nonesttables \p
ar }{
drb\brdrs\brdrcf1\clvertalb\cellx8821\trrh344\nestrow{\nonesttables \par }}}}
{\trowd\cellx3506\cellx4535\cellx5564\cellx6597\cellx7819\cellx8824\trrh-66\trrh
0\itap2
}{

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Investment securities\itap2\nestc
16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\
d\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\p
esttables \par }{
\fs16\qr 2,955\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 3,086\itap2\nestc
es \par }{
cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\

sttables \par }{
f1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\f
ttables \par }{
bles \par }\pard\plain\intbl\cf1\f51\fs16\qr 47\itap2\nestcell{\nonesttables \pa

\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Retained interests(d)\itap2\nestc
ard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard
qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\it
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 41\itap2\nestcell{\non
esttables \par }{

\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
tables \par }\pard\plain\intbl\cf1\f51\fs16\qr 639\itap2\nestcell{\nonesttables
\par }{
s16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
ar }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Derivatives(e)\itap2\nestcell{\no
\f51\fs16\qr (4,839\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51
sttables \par }{

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other(f)\itap2\nestcell{\nonestta
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\it
fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
par }{
5\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7722\cellx7817\clvertalb\cellx7954\clbrdr
t\brdrs\brdrcf1\clvertalb\cellx8343\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8821\tr
rh-66\trrh0\itap2
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 50,985\itap2\ne
0\itap2
}{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Derivatives\itap2\nestcell{\nones
ain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain

in\intbl\cf1\f51\fs16\qr (4,848\itap2\nestcell{\nonesttables \par }\pard\plain\i
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other(g)\itap2\nestcell{\nonestta
par }{
rh-66\trrh0\itap2

bl\cf1\f51\fs16\qr (4,848\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\c
0\itap2
}{


esttables \par }{

\fs16\qr 3,195\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
es \par }{
bles \par }{
esttables \par }{
\u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 8,831\itap2\nestcell{\nonestt
\par }{
s16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \

ar }{
\f51\fs16\qr (3,851\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other(f)\itap2\nestcell{\nonestta

es \par }{
rh-66\trrh0\itap2

tables \par }\pard\plain\intbl\cf1\f51\fs16\qr 17,593\itap2\nestcell{\nonesttabl
ntbl\cf1\f51\fs16\qr (3,851\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 60,956\itap2\n
0\itap2
}{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Derivatives\itap2\nestcell{\nones

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other(g)\itap2\nestcell{\nonestta
par }{
rh-66\trrh0\itap2

bl\cf1\f51\fs16\qr (3,860\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\c
par }\pard\plain\intbl\cf1\f51\fs16\ql Transfers between Level 1 and 2 were insi
gnificant.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Level 3 investment securities valued using non-bindin
g broker quotes totaled $\plain\intbl\cf1\f51\fs16\ql 748\plain\intbl\cf1\f51\fs
16\ql million and $\plain\intbl\cf1\f51\fs16\ql 1,055\plain\intbl\cf1\f51\fs16\
ql million at June\plain\intbl\cf1\f51\fs16\ql 30, 2010 and December 31, 2009,
respectively, and were classified as available-for-sale securities.\itap2\nestc
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql The netting of derivative receivables and payables is
permitted when a legally enforceable master netting agreement\plain\intbl\cf1\f
51\fs16\ql exists. Included fair value adjustments related to our own and count
erparty credit risk.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Substantially all of our retained interests were cons
olidated in connection with our adoption of ASU 2009-16 & 17 on\plain\intbl\cf1\
f51\fs16\ql January 1, 2010.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql The fair value of derivatives included an adjustment
for non-performance risk. At both June 30, 2010 and December 31,\plain\intbl\cf1
\f51\fs16\ql 2009, the cumulative adjustment was a gain $\plain\intbl\cf1\f51\f
s16\ql 9\plain\intbl\cf1\f51\fs16\ql million. See Note 15 for additional info
rmation on the composition of\plain\intbl\cf1\f51\fs16\ql our derivative portfo
lio.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (f)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Included private equity investments and loans designa
ted under the fair value option.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
\pard\plain\intbl\cf1\f51\fs16\ql (g)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql Primarily represented the liability associated with c
ertain of our deferred incentive compensation plans.\itap2\nestcell{\nonesttable
s \par }{
tbl\cf1\f51\fs16\ql The following tables present the changes in Level 3 instrume
nts measured on a recurring basis for the three months ended\plain\intbl\cf1\f51
\fs16\ql June 30, 2010 and 2009 and the six months ended June 30, 2010 and 2009
. The majority of our Level 3 balances consist of\plain\intbl\cf1\f51\fs16\ql i
nvestment securities classified as available-for-sale with changes in fair value
recorded in shareowners' equity.\par\pard\plain\intbl\li44\sb286\cf1\f51\fs16\b
\ql Changes in Level 3 Instruments for the Three Months Ended June 30, 2010
4\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8718\clvertalb\cellx8813\trrh1375\itap2
ain\intbl\cf1\f51\fs13\b\qc April 1,
par }\pard\plain\intbl\cf1\f51\fs13\b\qc Net realized/
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc earnings(a)\itap2\nest
pard\plain\intbl\cf1\f51\fs13\b\qc Net realized/
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc income\itap2\nestcell{
plain\intbl\cf1\f51\fs13\b\qc Purchases,
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc settlements\itap2\nest
pard\plain\intbl\cf1\f51\fs13\b\qc Transfers
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Level 3(b)\itap2\nestc
ard\plain\intbl\cf1\f51\fs13\b\qc June 30,
\f51\fs13\b\qc Net change
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc in unrealized
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010 (c)\itap2\nestcel
es \par }{
4\clbrdrb\brdrs\brdrcf1\clvertalb\cellx8718\clvertalb\cellx8813\trrh1375\nestrow
{\trowd\cellx1692\cellx2532\cellx3616\cellx4747\cellx5766\cellx6773\cellx7632\cl
brdrr\brdrs\brdrcf1\cellx7727\cellx8822\trrh-66\trrh0\itap2

brdrr\brdrs\brdrcf1\cellx7727\cellx8822\trrh-66\trrh0\nestrow{\nonesttables \par
}}}}
lain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
sttables \par }}}}
brdrr\brdrs\brdrcf1\clvertalb\cellx7717\clvertalb\cellx7732\clvertalb\cellx8159\
clvertalb\cellx8715\clvertalb\cellx8810\trrh206\itap2
clvertalb\cellx8715\clvertalb\cellx8810\trrh206\nestrow{\nonesttables \par }}}}
r 16\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
par }\pard\plain\intbl\cf1\f51\fs16\qr 31\itap2\nestcell{\nonesttables \par }\pa
6\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 271\
\pard\plain\intbl\cf1\f51\fs16\qr (6\itap2\nestcell{\nonesttables \par }\pard\pl
ain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\int
sttables \par }}}}
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 243\itap2\nestcell{\n
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (5\itap2\nestcel
cell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcel
s16\ql mortgage-backed\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\

\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pa
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (7\itap2
par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par
sttables \par }}}}
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (5\itap2\


sttables \par }}}}
\plain\intbl\cf1\f51\fs16\qr 2\itap2\nestcell{\nonesttables \par }\pard\plain\in
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (57\itap2\nestcell{
bl\cf1\f51\fs16\qr (26\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\
f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~

d\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li770\fi-154\cf1\f51\fs16\ql Government -\plain\intbl\cf1\f51\
fs16\ql non-U.S.\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\q
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{
sttables \par }}}}
f1\f51\fs16\qr (1\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\f
1\fs16\qr 253\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1\it
sttables \par }}}}
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u821
2?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
pard\plain\intbl\cf1\f51\fs16\qr (1\itap2\nestcell{\nonesttables \par }\pard\pla
in\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 17\itap2\nestce
6\qr 1\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
sttables \par }}}}

l\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f
16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Derivatives(d)\itap2\nestcell{\no

ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 6\itap2\nestcell{\nones
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 61\itap2\nes
tables \par }{
sttables \par }}}}

f51\fs16\qr 28\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
esttables \par }{
cellx7066\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7623\clvertalb\cellx7638\clbrdrr\
brdrs\brdrcf1\clvertalb\cellx7717\clvertalb\cellx7732\clbrdrt\brdrs\brdrcf1\clve
rtalb\cellx8159\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8715\cellx8810\trrh-66\trrh
0\itap2
l $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 74\itap
d\plain\intbl\cf1\f51\fs16\qr (115\itap2\nestcell{\nonesttables \par }\pard\plai
l $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 307\ita
rd\plain\intbl\cf1\f51\fs16\qr (78\itap2\nestcell{\nonesttables \par }\pard\plai
l $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 8,317\i
sttables \par }}}}
638\clbrdrr\brdrs\brdrcf1\clvertalb\cellx7717\clvertalb\cellx7732\clbrdrt\brdrdb
par }\pard\plain\intbl\cf1\f51\fs16\ql Earnings effects are primarily included i
n the "GECS revenues from services" and "Interest and other financial\plain\intb
l\cf1\f51\fs16\ql charges" captions in the Condensed Statement of Earnings.\ita
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Transfers in and out of Level 3 are considered to occ
ur at the beginning of the period. Transfers out of Level 3 were a\plain\intbl\c
f1\f51\fs16\ql result of increased use of quotes from independent pricing vendo
rs based on recent trading activity.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Represented the amount of unrealized gains or losses
for the period included in earnings.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Represented derivative assets net of derivative liabi
lities and included cash accruals of $\plain\intbl\cf1\f51\fs16\ql 50\plain\intb
l\cf1\f51\fs16\ql million not reflected in the\plain\intbl\cf1\f51\fs16\ql fai
r value hierarchy table.\itap2\nestcell{\nonesttables \par }{
tbl\cf1\f51\fs16\b\ql Changes in Level 3 Instruments for the Three Months Ended
June 30, 2009

ain\intbl\cf1\f51\fs13\b\qc April 1,

\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2009(c)\itap2\nestcell
s \par }{
}}}}

sttables \par }}}}

les \par }\pard\plain\intbl\cf1\f51\fs16\qr 199\itap2\nestcell{\nonesttables \pa
6\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 2,92
sttables \par }}}}
onesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 25\itap2\nestcell{\nonesttab
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (44\itap2\ne
ain\intbl\cf1\f51\fs16\qr 62\itap2\nestcell{\nonesttables \par }\pard\plain\intb
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttabl
sttables \par }}}}
es \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 2\itap2\
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?
sttables \par }}}}
lain\intbl\cf1\f51\fs16\qr (4\itap2\nestcell{\nonesttables \par }\pard\plain\int
\cf1\f51\fs16\qr (36\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f5
1\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\i
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (12\itap2\nestcell{\nones
ttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \
rd\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{

bl\cf1\f51\fs16\qr 3\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs1
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (3\itap2\nestcell{\nonesttabl
es \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }
fs16\qr 143\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\i
ain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
sttables \par }}}}

51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\
s16\qr 266\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\it
\ql interests\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
lain\intbl\cf1\f51\fs16\qr 351\itap2\nestcell{\nonesttables \par }\pard\plain\in

sttables \par }}}}

pard\plain\intbl\cf1\f51\fs16\qr 3\itap2\nestcell{\nonesttables \par }\pard\plai
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212
?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestc
sttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Derivatives(d)(e)\itap2\nestcell{
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (15\i
pard\plain\intbl\cf1\f51\fs16\qr (22\itap2\nestcell{\nonesttables \par }\pard\pl
ain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (110\itap
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcel
d\plain\intbl\cf1\f51\fs16\qr 10\itap2\nestcell{\nonesttables \par }\pard\plain\
sttables \par }}}}
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (110\itap
0\itap2


l\cf1\f51\fs16\qr (87\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f
sttables \par }}}}

\pard\plain\intbl
\pard\plain\intbl
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Losses from derivatives were more than offset by $\pl
ain\intbl\cf1\f51\fs16\ql 66\plain\intbl\cf1\f51\fs16\ql million in gains from
related derivatives included in Level 2 and\plain\intbl\cf1\f51\fs16\ql $\plain
\intbl\cf1\f51\fs16\ql 5\plain\intbl\cf1\f51\fs16\ql million in gains from qu
alifying fair value hedges.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl

\pard\plain\intbl
{\trowd\cellx353\cellx4590\trrh-66\trrh0\itap2
{\trowd\cellx353\cellx4590\trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\pl
ain\intbl\cf1\f51\fs16\b\ql Changes in Level 3 Instruments for the Six Months En
ded June 30, 2010
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010 (a)\itap2\nestcel
es \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Net realized/
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc earnings(b)\itap2\nest
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Level 3(c)\itap2\nestc
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2010 (d)\itap2\nestcel
es \par }{

}}}}
sttables \par }}}}
6\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (57\
sttables \par }}}}
d\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1\itap2\nestcell{
\par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \pa
r }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
sttables \par }}}}
}\pard\plain\intbl\cf1\f51\fs16\qr 30\itap2\nestcell{\nonesttables \par }\pard\p

tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (3\itap2\nes
les \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables

\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
sttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,885\itap2\nestcell{\nonesttab
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\
sttables \par }}}}

\par }\pard\plain\intbl\cf1\f51\fs16\qr (20\itap2\nestcell{\nonesttables \par }\
pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
sttables \par }}}}
sttables \par }}}}
pard\plain\intbl\cf1\f51\fs16\qr (1\itap2\nestcell{\nonesttables \par }\pard\pla
6\qr 1\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
sttables \par }}}}

ain\intbl\cf1\f51\fs16\qr (2\itap2\nestcell{\nonesttables \par }\pard\plain\intb
sttables \par }}}}

~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (19\itap2
0\itap2
l $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 198\ita
rd\plain\intbl\cf1\f51\fs16\qr (11\itap2\nestcell{\nonesttables \par }\pard\plai
}\pard\plain\intbl\cf1\f51\fs16\qr (385\itap2\nestcell{\nonesttables \par }\par
sttables \par }}}}
par }\pard\plain\intbl\cf1\f51\fs16\ql Included $\plain\intbl\cf1\f51\fs16\ql 1,
015\plain\intbl\cf1\f51\fs16\ql million in debt securities, a reduction in reta
ined interests of $\plain\intbl\cf1\f51\fs16\ql 8,782\plain\intbl\cf1\f51\fs16\q
l million and a reduction in\plain\intbl\cf1\f51\fs16\ql derivatives of $\plai
n\intbl\cf1\f51\fs16\ql 365\plain\intbl\cf1\f51\fs16\ql million related to ad
option of ASU 2009-16 & 17.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Earnings effects are primarily included in the "GECS
revenues from services" and "Interest and other financial\plain\intbl\cf1\f51\fs
16\ql charges" captions in the Condensed Statement of Earnings.\itap2\nestcell{
\pard\plain\intbl
\pard\plain\intbl
\pard\plain\intbl
tbl\cf1\f51\fs16\b\ql Changes in Level 3 Instruments for the Six Months Ended Ju
ne 30, 2009


\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc 2009 (c)\itap2\nestcel
es \par }{
}}}}
sttables \par }}}}


les \par }\pard\plain\intbl\cf1\f51\fs16\qr (179\itap2\nestcell{\nonesttables \p
\pard\plain\intbl\cf1\f51\fs16\qr 3\itap2\nestcell{\nonesttables \par }\pard\pla
sttables \par }}}}
\intbl\cf1\f51\fs16\qr (8\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\c

rd\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (15\itap
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (76\itap2\ne

sttables \par }}}}
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (8\itap2\n
s \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 9\itap2\
f51\fs16\qr (141\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,814\itap2\nestcell{\nonestt
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212
?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nestc
sttables \par }}}}
lain\intbl\cf1\f51\fs16\qr (13\itap2\nestcell{\nonesttables \par }\pard\plain\in
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (57\itap2\nestcell{\nonesttab
\fs16\qr 639\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (280\itap2\nestcell{\none
sttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables
}\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par }\p
sttables \par }}}}
1\fs16\qr (1\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\q
l )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nes
tables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttab
\ql interests\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \

lain\intbl\cf1\f51\fs16\qr 649\itap2\nestcell{\nonesttables \par }\pard\plain\in
sttables \par }}}}

ntbl\cf1\f51\fs16\qr (5\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1

16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u
8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
sttables \par }}}}

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Derivatives(d)\itap2\nestcell{\no
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 9\itap
ain\intbl\cf1\f51\fs16\qr (65\itap2\nestcell{\nonesttables \par }\pard\plain\int
sttables \par }}}}
1\fs16\qr 7\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\i
esttables \par }{
0\itap2
plain\intbl\cf1\f51\fs16\qr (699\itap2\nestcell{\nonesttables \par }\pard\plain\
bl\cf1\f51\fs16\qr (55\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\
f51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
sttables \par }}}}
\pard\plain\intbl
\pard\plain\intbl

\pard\plain\intbl
tbl\cf1\f51\fs16\b\ql Non-Recurring Fair Value Measurements\par\pard\plain\intbl
\sb88\cf1\f51\fs16\ql The following table represents non-recurring fair value am
ounts (as measured at the time of the adjustment) for those assets\plain\intbl\c
f1\f51\fs16\ql remeasured to fair value on an non-recurring basis during the fi
scal year and still held at June 30, 2010 and at December 31,\plain\intbl\cf1\f5
1\fs16\ql 2009.
itap2
fs13\b\qc Remeasured during
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc the six months ended
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc June 30, 2010\itap2\ne
ttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Remeasured during
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc the year ended
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc December 31, 2009\itap
b\brdrs\brdrcf1\clvertalb\cellx8118\trrh172\itap2
ain\intbl\cf1\f51\fs13\b\qc Level 2\itap2\nestcell{\nonesttables \par }\pard\pla
f51\fs13\b\qc Level 3\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc

Level 2\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Level 3\itap2\
b\brdrs\brdrcf1\clvertalb\cellx8118\trrh172\nestrow{\nonesttables \par }}}}
sttables \par }{
eld for sale\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
\qr 81\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
sttables \par }{
ttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonestta

r }\pard\plain\intbl\cf1\f51\fs16\qr 1,006\itap2\nestcell{\nonesttables \par }{
estate\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 294\itap2\nestcell{\nonesttab
\pard\plain\intbl\cf1\f51\fs16\qr 5,105\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Retained investment in formerly c
onsolidated subsidiaries(b)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
0\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8118\trrh-66\trrh0\itap2
0\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8118\trrh-66\trrh0\nestrow{\nonesttables
\par }}}}
ellx7640\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8118\trrh-66\trrh0\itap2

ellx7640\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8118\trrh-66\trrh0\nestrow{\nones
ttables \par }}}}
par }\pard\plain\intbl\cf1\f51\fs16\ql Includes the fair value of private equity
and real estate funds included in Level 3 of $\plain\intbl\cf1\f51\fs16\ql 113\
plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 409\plain
\intbl\cf1\f51\fs16\ql million at\plain\intbl\cf1\f51\fs16\ql June 30, 2010 an
d December 31, 2009, respectively.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql During the first six months ended June 30, 2010, we h
ad a retained investment in Regency, a formerly consolidated\plain\intbl\cf1\f51
\fs16\ql subsidiary, in Level 1 that was remeasured to a fair value of $\plain\
intbl\cf1\f51\fs16\ql 549\plain\intbl\cf1\f51\fs16\ql million.\itap2\nestcell
tbl\sb198\cf1\f51\fs16\ql The following table represents the fair value adjustme
nts to assets measured at fair value on a non-recurring basis and still\plain\in
tbl\cf1\f51\fs16\ql held at June 30, 2010 and June 30, 2009.
sttables \par }{
eld for sale\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\

\intbl\cf1\f51\fs16\qr (430\itap2\nestcell{\nonesttables \par }\pard\plain\intbl
p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1,211\itap2\n
rd\plain\intbl\cf1\f51\fs16\qr (717\itap2\nestcell{\nonesttables \par }\pard\pla
in\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
ttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (40\itap2\nestcell{\nonesttables
16\qr (266\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql
qr (492\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\i

estate\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2
\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
sttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1,348\itap2\nestcell{\nonestta
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Retained investments in formerly
consolidated\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql subsidiaries\itap2\nestcell{\none

plain\intbl\cf1\f51\fs16\qr (2,470\itap2\nestcell{\nonesttables \par }\pard\plai
l $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1,293\
par }\pard\plain\intbl\cf1\f51\fs16\ql Includes fair value adjustments associate
d with private equity and real estate funds of $\plain\intbl\cf1\f51\fs16\ql 13\

plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 74\plain\
intbl\cf1\f51\fs16\ql million in the\plain\intbl\cf1\f51\fs16\ql second quarte
rs of 2010 and 2009, respectively, and $\plain\intbl\cf1\f51\fs16\ql 26\plain\i
ntbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 171\plain\intb
l\cf1\f51\fs16\ql million in the first six months of 2010 and\plain\intbl\cf1\
f51\fs16\ql 2009, respectively.\itap2\nestcell{\nonesttables \par }{
x10759\trrh619\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Financial Instruments{
\*\bkmkstart gmnh5be60f5361dbebba350340b7825c3941}{\*\bkmkend gmnh5be60f5361dbeb
ba350340b7825c3941}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Financial Instruments
x10759\trrh14797
\pard\plain\intbl\cf1\f51\fs16\ql Financial Instruments\cell\pard\plain\intbl\sb
286\cf1\f51\fs16\b\ql 15. FINANCIAL INSTRUMENTS\par\pard\plain\intbl\sb88\cf1\f5
1\fs16\ql The following table provides information about the assets and liabilit
ies not carried at fair value in our Condensed Statement of\plain\intbl\cf1\f51\
fs16\ql Financial Position. Consistent with ASC 825,\plain\intbl\cf1\f51\fs16\i
\ql Financial Instruments\plain\intbl\cf1\f51\fs16\ql , the table excludes fi
nancing leases and non-financial assets\plain\intbl\cf1\f51\fs16\ql and liabili
ties. Apart from certain of our borrowings and certain marketable securities, fe
w of the instruments identified below are\plain\intbl\cf1\f51\fs16\ql actively
traded and their fair values must often be determined using financial models. Re
alization of the fair value of these\plain\intbl\cf1\f51\fs16\ql instruments de
pends upon market forces beyond our control, including marketplace liquidity. Fo
r a description on how we estimate\plain\intbl\cf1\f51\fs16\ql fair value, see
Note 22 in our 2009 consolidated financial statements.
llx5821\clvertalb\cellx5951\cellx6215\cellx6610\cellx6705\clvertalb\cellx6871\ce
llx7154\cellx7771\cellx7888\clvertalb\cellx8091\cellx8401\cellx9018\cellx9113\ce

llx7154\cellx7771\cellx7888\clvertalb\cellx8091\cellx8401\cellx9018\cellx9113\ce
ertalb\cellx9028\clvertalb\cellx9123\cellx9126\trrh172\itap2
ertalb\cellx9028\clvertalb\cellx9123\cellx9126\trrh172\nestrow{\nonesttables \pa
r }}}}
lvertalb\cellx9027\clvertalb\cellx9122\clvertalc\cellx9123\cellx9124\trrh172\ita
p2
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc December 31
, 2009\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\
r }{
lvertalb\cellx9027\clvertalb\cellx9122\clvertalc\cellx9123\cellx9124\trrh172\nes
trow{\nonesttables \par }}}}
lvertalc\cellx9120\clvertalc\cellx9121\trrh172\itap2
sttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Assets (liabilities)\itap2\ne
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc As
sets (liabilities)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\
sttables \par }{
lvertalc\cellx9120\clvertalc\cellx9121\trrh172\nestrow{\nonesttables \par }}}}
clvertalb\cellx9022\clvertalb\cellx9117\clvertalc\cellx9118\clvertalc\cellx9119\
trrh516\itap2
ain\intbl\cf1\f51\fs13\b\qc Notional
plain\intbl\cf1\f51\fs13\b\qc Carrying
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc (net)\itap2\nestcell{\
lain\intbl\cf1\f51\fs13\b\qc Estimated
ard\plain\intbl\cf1\f51\fs13\b\qc Notional
plain\intbl\cf1\f51\fs13\b\qc Carrying
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc (net)\itap2\nestcell{\
lain\intbl\cf1\f51\fs13\b\qc Estimated
clvertalb\cellx9022\clvertalb\cellx9117\clvertalc\cellx9118\clvertalc\cellx9119\
trrh516\nestrow{\nonesttables \par }}}}
vertalc\cellx9122\clvertalc\cellx9123\trrh-66\trrh0\itap2
vertalc\cellx9122\clvertalc\cellx9123\trrh-66\trrh0\nestrow{\nonesttables \par }
}}}
lc\clshdng100\clcfpat12\clcbpat12\cellx9114\clvertalc\clshdng100\clcfpat12\clcbp
at12\cellx9115\trrh206\itap2
at12\cellx9115\trrh206\nestrow{\nonesttables \par }}}}
vertalb\cellx9113\clvertalc\cellx9114\clvertalc\cellx9115\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Assets\itap2\nestcell{\nonesttabl
vertalb\cellx9113\clvertalc\cellx9114\clvertalc\cellx9115\trrh206\nestrow{\nones
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Investments and notes\plain\intbl
\cf1\f51\fs16\ql receivable\itap2\nestcell{\nonesttables \par }\pard\plain\intb
6\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (a\i

\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 400\i
pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttables \par }\pard\pla
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Liabilities\itap2\nestcell{\nones

ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Borrowings\itap2\nestcell{\nonest
ntbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (9,906\itap2\nestcell{
bl\cf1\f51\fs16\qr (10,783\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\
l\cf1\f51\fs16\qr (12,185\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\c
tcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (12,757\itap2\nestce
ttables \par }}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Assets\itap2\nestcell{\nonesttabl
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Loans(b)\itap2\nestcell{\nonestta
bl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f
l{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 285,409\itap2\nestcell{\
1\f51\fs16\qr 279,746\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
onesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttab
tables \par }\pard\plain\intbl\cf1\f51\fs16\qr 269,283\itap2\nestcell{\nonesttab
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Other commercial mortgages\itap2\
r }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttables \par }\pard
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,062\

p2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestc
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Loans held for sale\itap2\nestcel
d\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttables \par }\pard\plain\
ntbl\cf1\f51\fs16\qr 271\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonest

ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Other financial instruments(c)\it
\par }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttables \par }\
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\n
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Liabilities\itap2\nestcell{\nones
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Borrowings and bank\plain\intbl\c
f1\f51\fs16\ql deposits(b)(d)\itap2\nestcell{\nonesttables \par }\pard\plain\in
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (a\ita
rd\plain\intbl\cf1\f51\fs16\qr (481,661\itap2\nestcell{\nonesttables \par }\pard
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (487,5
r }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttables \par }\pard
l \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (500,3
r }\pard\plain\intbl\cf1\f51\fs16\qr (506,148\itap2\nestcell{\nonesttables \par
}\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\pl
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Investment contract benefits\itap
par }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttables \par }\pa

\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (3,8
r }\pard\plain\intbl\cf1\f51\fs16\qr (4,456\itap2\nestcell{\nonesttables \par }\
16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (a
}\pard\plain\intbl\cf1\f51\fs16\qr (3,940\itap2\nestcell{\nonesttables \par }\pa
\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (4,3
r }{
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Guaranteed investment contracts\i
s \par }\pard\plain\intbl\cf1\f51\fs16\qr (a\itap2\nestcell{\nonesttables \par }
\par }\pard\plain\intbl\cf1\f51\fs16\qr (6,870\itap2\nestcell{\nonesttables \par

(a\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2
\par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Insurance - credit life(e)\itap2\
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (80\ita
rd\plain\intbl\cf1\f51\fs16\qr (\plain\intbl\cf1\f51\fs16\qr 54\itap2\nestcell{\
\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (80\itap2\nestcell{\nonest

esttables \par }{
ttables \par }}}}
par }\pard\plain\intbl\cf1\f51\fs16\ql These financial instruments do not have n
otional amounts.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Amounts at June 30, 2010 reflect our adoption of ASU
2009-16 & 17 on January 1, 2010. See Notes 5, 8 and 16.\itap2\nestcell{\nonestta
bles \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Principally cost method investments.\itap2\nestcell{\
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Fair\plain\intbl\cf1\f51\fs16\ql values exclude inte
rest rate and currency derivatives designated as hedges of borrowings. Had they
been included, the fair\plain\intbl\cf1\f51\fs16\ql value of borrowings at June
30, 2010 and December 31, 2009 would have been reduced by $3,844 million and $2
,856 million,\plain\intbl\cf1\f51\fs16\ql respectively.\itap2\nestcell{\nonestt
ables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Net of reinsurance of $\plain\intbl\cf1\f51\fs16\ql 2
,600\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 2,80
0\plain\intbl\cf1\f51\fs16\ql million at June 30, 2010 and December 31, 2009, r
espectively.\itap2\nestcell{\nonesttables \par }{
tbl\sb286\cf1\f51\fs16\b\ql Loan Commitments
fs13\b\qc Notional amount at\itap2\nestcell{\nonesttables \par }{
itap2
\pard\plain\intbl\cf1\f51\fs13\b\ql (in millions)\itap2\nestcell{\nonesttables \
onesttables \par }{
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Ordinary course of business lendi
ng commitments (a)(b)\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttable
r }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Unused revolving credit lines(c)\
~\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Commercial\itap2\nestcell{\nonest
~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 31,803\it
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Consumer - principally credit car
ds\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr 255,602\itap2\nestcell{\nonesttabl
ttables \par }}}}
par }\pard\plain\intbl\cf1\f51\fs16\ql Excluded investment commitments of $\plai
n\intbl\cf1\f51\fs16\ql 2,687\plain\intbl\cf1\f51\fs16\ql million and $\plain\i
ntbl\cf1\f51\fs16\ql 2,659\plain\intbl\cf1\f51\fs16\ql million as of June 30, 2
010 and December 31, 2009,\plain\intbl\cf1\f51\fs16\ql respectively.\itap2\nest
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Included a $\plain\intbl\cf1\f51\fs16\ql 920\plain\in
tbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 972\plain\intbl\c
f1\f51\fs16\ql million commitment as of June 30, 2010 and December 31, 2009, re
spectively,\plain\intbl\cf1\f51\fs16\ql associated with a secured financing arr
angement that can increase to a maximum of $\plain\intbl\cf1\f51\fs16\ql 5,000\
plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 4,998\p
lain\intbl\cf1\f51\fs16\ql million\plain\intbl\cf1\f51\fs16\ql based on the a
sset volume under the arrangement as of June 30, 2010 and December 31, 2009, res
pectively.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql Excluded inventory financing arrangements, which may
be withdrawn at our option, of $\plain\intbl\cf1\f51\fs16\ql 12,890\plain\intbl\
cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 13,889\plain\intbl\cf
1\f51\fs16\ql million\plain\intbl\cf1\f51\fs16\ql as of June 30, 2010 and Dece
mber 31, 2009, respectively.\itap2\nestcell{\nonesttables \par }{
tbl\cf1\f51\fs16\b\ql Derivatives and hedging\par\pard\plain\intbl\sb88\cf1\f51\
fs16\ql As a matter of policy, we use derivatives for risk management purposes,
and we do not use derivatives for speculative purposes.\plain\intbl\cf1\f51\fs16
\ql A key risk management objective for our financial services businesses is to
mitigate interest rate and currency risk by seeking to\plain\intbl\cf1\f51\fs16
\ql ensure that the characteristics of the debt match the assets they are fundi
ng. If the form (fixed versus floating) and currency\plain\intbl\cf1\f51\fs16\ql
denomination of the debt we issue do not match the related assets, we typicall
y execute derivatives to adjust the nature and tenor\plain\intbl\cf1\f51\fs16\ql
of funding to meet this objective. The determination of whether we enter into
a derivative transaction or issue debt directly to\plain\intbl\cf1\f51\fs16\ql
achieve this objective depends on a number of factors, including customer needs
for specific types of financing, and market\plain\intbl\cf1\f51\fs16\ql related
factors that affect the type of debt we can issue.\par\pard\plain\intbl\sb198\c
f1\f51\fs16\ql Of the outstanding notional amount of $\plain\intbl\cf1\f51\fs16\
ql 313,000\plain\intbl\cf1\f51\fs16\ql million at June 30, 2010, approximately\
plain\intbl\cf1\f51\fs16\ql 86\plain\intbl\cf1\f51\fs16\ql % or $\plain\intbl\c
f1\f51\fs16\ql 268,000\plain\intbl\cf1\f51\fs16\ql million, is associated\plain
\intbl\cf1\f51\fs16\ql with reducing or eliminating the interest rate, currency
or market risk between financial assets and liabilities in our financial\plain\
intbl\cf1\f51\fs16\ql services businesses. The remaining derivative activities
primarily relate to hedging against adverse changes in currency exchange\plain\i
ntbl\cf1\f51\fs16\ql rates and commodity prices related to anticipated sales an
d purchases, providing certain derivatives and/or support arrangements to\plain\
intbl\cf1\f51\fs16\ql our customers, and contracts containing certain clauses w
hich meet the accounting definition of a derivative. The instruments used\plain\
intbl\cf1\f51\fs16\ql in these activities are designated as hedges when practic
able. In certain cases, the hedged item is already recorded in earnings\plain\in
tbl\cf1\f51\fs16\ql currently, such as when we hedge a recognized foreign curre
ncy transaction (e.g., a receivable or payable) with a derivative. In\plain\intb
l\cf1\f51\fs16\ql such instances, hedge accounting is not necessary and the der
ivatives are classified as freestanding.\par\pard\plain\intbl\sb198\cf1\f51\fs16
\ql The following table provides information about the fair value of our derivat
ives, by contract type, separating those accounted for\plain\intbl\cf1\f51\fs16\
ql as hedges and those that are not.
fs13\b\qc At June 30, 2010\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\

\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc At Decem
ber 31, 2009\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
fs13\b\qc Fair value\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs1
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Fair value\ita
ain\intbl\cf1\f51\fs13\b\qc Assets\itap2\nestcell{\nonesttables \par }\pard\plai
16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc
Liabilities\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\i
{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Assets\itap2\nestcell{\
lain\intbl\cf1\f51\fs13\b\qc Liabilities\itap2\nestcell{\nonesttables \par }\par
sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Derivatives accounted for as he
dges\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Interest rate contracts\itap2\nes
ar }\pard\plain\intbl\cf1\f51\fs16\qr 6,675\itap2\nestcell{\nonesttables \par }\
s16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 2,
s16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 3,
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Currency exchange contracts\itap2
ttables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Other contracts\itap2\nestcell{\n
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 1\itap2\nestcell{\none
1\fs16\qr 16\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\
es \par }\pard\plain\intbl\cf1\f51\fs16\qr 4\itap2\nestcell{\nonesttables \par }
\pard\plain\intbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }{
n\intbl\cf1\f51\fs16\qr 5,834\itap2\nestcell{\nonesttables \par }\pard\plain\int
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Derivatives not accounted for a
s hedges\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
}{
ables \par }{
\pard\plain\intbl\li462\fi-154\cf1\f51\fs16\ql Other contracts\itap2\nestcell{\n

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Netting adjustment(a)\itap2\nes
\pard\plain\intbl\cf1\f51\fs16\qr (4,839\itap2\nestcell{\nonesttables \par }\par
ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (4,84
}\pard\plain\intbl\cf1\f51\fs16\qr (3,851\itap2\nestcell{\nonesttables \par }\p
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (3,
860\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2

sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Total\itap2\nestcell{\nonesttab
les \par }{

6\cellx8391\trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl\brdrb
\brdrs\sb88\cf1\f51\fs16\ql Derivatives are classified in the captions "All othe
r assets" and "All other liabilities" in our financial statements.
\pard\plain\intbl\cf1\f51\fs16\ql (a)\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql The netting of derivative receivables and payables is
permitted when a legally enforceable master netting agreement exists.\plain\int
bl\cf1\f51\fs16\ql Amounts included fair value adjustments related to our own a
nd counterparty non-performance risk. At both June 30, 2010\plain\intbl\cf1\f51\
fs16\ql and December 31, 2009, the cumulative adjustment for non-performance ri
sk was a gain of $\plain\intbl\cf1\f51\fs16\ql 9\plain\intbl\cf1\f51\fs16\ql
million.\itap2\nestcell{\nonesttables \par }{
tbl\cf1\f51\fs16\b\ql Fair value hedges\par\pard\plain\intbl\sb88\cf1\f51\fs16\q
l We use interest rate and currency exchange derivatives primarily to hedge the
fair value effects of interest rate and currency\plain\intbl\cf1\f51\fs16\ql ex
change rate changes on local and non-functional currency denominated fixed-rate
debt. For relationships designated as fair\plain\intbl\cf1\f51\fs16\ql value he
dges, changes in fair value of the derivatives are recorded in earnings along wi
th offsetting adjustments to the carrying\plain\intbl\cf1\f51\fs16\ql amount of
the hedged debt. The following tables provide information about the earnings ef
fects of our fair value hedging\plain\intbl\cf1\f51\fs16\ql relationships for t
he three and six months ended June 30, 2010 and 2009.
{\trowd\cellx2620\clvertalb\cellx2823\cellx5224\clvertalb\cellx5427\cellx5761\ce
0\itap2
llx5427\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9127\trrh172\itap2
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Three months end
ed\itap2\nestcell{\nonesttables \par }{
llx5427\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9127\trrh172\nestrow{\nonesttables
\par }}}}
cellx7384\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9126\trrh172\itap2
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc June 30, 2010\it
\par }\pard\plain\intbl\cf1\f51\fs13\b\qc June 30, 2009\itap2\nestcell{\nonestt
ables \par }{
cellx7384\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9126\trrh172\nestrow{\nonesttable
s \par }}}}
rtalb\cellx8479\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9123\trrh859\itap2
ain\intbl\cf1\f51\fs13\b\ql Financial statement caption\itap2\nestcell{\nonestta
ard\plain\intbl\cf1\f51\fs13\b\qc Gain (loss)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc on hedging
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc derivatives\itap2\nest
ables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Gain (loss)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc items\itap2\nestcell{\
lain\intbl\cf1\f51\fs13\b\qc Gain (loss)
pard\plain\intbl\cf1\f51\fs13\b\qc Gain\plain\intbl\cf1\f51\fs13\b\qc (loss)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc on\plain\intbl\cf1\f51
\fs13\b\qc hedged
rtalb\cellx8479\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9123\trrh859\nestrow{\nones
ttables \par }}}}
0\itap2
}{
tables \par }\pard\plain\intbl\cf1\f51\fs16\ql Interest and other financial\plai
n\intbl\cf1\f51\fs16\ql charges\itap2\nestcell{\nonesttables \par }\pard\plain\
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\
nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (2,721\itap2\nestcell{\none
sttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables
l\cf1\f51\fs16\qr (4,243\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf
\~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Interest and other financial\

plain\intbl\cf1\f51\fs16\ql charges\itap2\nestcell{\nonesttables \par }\pard\pl
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr (15\itap2\nestcell{\nonesttables \
{
vertalb\cellx9122\trrh412\nestrow{\nonesttables \par }}}}\pard\plain\intbl\brdrb
\brdrs\sb198\cf1\f51\fs16\ql Fair value hedges resulted in $\plain\intbl\cf1\f51
\fs16\ql (174)\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs
16\ql 9\plain\intbl\cf1\f51\fs16\ql million of ineffectiveness of which $\plain
\intbl\cf1\f51\fs16\ql (1)\plain\intbl\cf1\f51\fs16\ql million and $\plain\intb
l\cf1\f51\fs16\ql (48)\plain\intbl\cf1\f51\fs16\ql million reflects\plain\intbl
\cf1\f51\fs16\ql amounts excluded from the assessment of effectiveness for the
three months ended June 30, 2010 and 2009, respectively.
llx7383\cellx7717\cellx8167\cellx8262\clvertalb\cellx8476\cellx8725\cellx9120\tr
rh-66\trrh0\itap2
\par }{
llx7383\cellx7717\cellx8167\cellx8262\clvertalb\cellx8476\cellx8725\cellx9120\tr
llx5343\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9125\trrh172\itap2
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Six months ended
llx5343\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9125\trrh172\nestrow{\nonesttables
\par }}}}
cellx7385\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9124\trrh172\itap2
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc June 30, 2010\it
\par }\pard\plain\intbl\cf1\f51\fs13\b\qc June 30, 2009\itap2\nestcell{\nonestt
ables \par }{
cellx7385\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9124\trrh172\nestrow{\nonesttable
s \par }}}}
rtalb\cellx8263\clvertalb\cellx8477\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9121\tr
rh859\itap2
ard\plain\intbl\cf1\f51\fs13\b\qc Gain (loss)
pard\plain\intbl\cf1\f51\fs13\b\qc Gain (loss)
lain\intbl\cf1\f51\fs13\b\qc Gain (loss)
pard\plain\intbl\cf1\f51\fs13\b\qc Gain\plain\intbl\cf1\f51\fs13\b\qc (loss)
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc on\plain\intbl\cf1\f51
\fs13\b\qc hedged
rtalb\cellx8263\clvertalb\cellx8477\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9121\tr
rh859\nestrow{\nonesttables \par }}}}
0\itap2
}{
ng100\clcfpat12\clcbpat12\cellx9120\trrh413\itap2
tables \par }\pard\plain\intbl\cf1\f51\fs16\ql Interest and other financial\plai
n\intbl\cf1\f51\fs16\ql charges\itap2\nestcell{\nonesttables \par }\pard\plain\
\par }\pard\plain\intbl\cf1\f51\fs16\qr (4,130\itap2\nestcell{\nonesttables \par
6\qr (5,180\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql
bles \par }{
ng100\clcfpat12\clcbpat12\cellx9120\trrh413\nestrow{\nonesttables \par }}}}
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Interest and other financial\
plain\intbl\cf1\f51\fs16\ql charges\itap2\nestcell{\nonesttables \par }\pard\pl
(9\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\
r }\pard\plain\intbl\cf1\f51\fs16\qr 1\itap2\nestcell{\nonesttables \par }\pard\

itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1,058\itap
d\plain\intbl\cf1\f51\fs16\qr 1,032\itap2\nestcell{\nonesttables \par }{
vertalb\cellx8725\clvertalb\cellx9120\trrh413\nestrow{\nonesttables \par }}}}\pa
rd\plain\intbl\brdrb\brdrs\sb88\cf1\f51\fs16\ql Fair value hedges resulted in $\
plain\intbl\cf1\f51\fs16\ql (327)\plain\intbl\cf1\f51\fs16\ql million and $\pla
in\intbl\cf1\f51\fs16\ql 40\plain\intbl\cf1\f51\fs16\ql million of ineffectiven
ess for the six months ended June 30, 2010 and 2009,\plain\intbl\cf1\f51\fs16\ql
respectively, of which $\plain\intbl\cf1\f51\fs16\ql (75)\plain\intbl\cf1\f51
\fs16\ql million reflects amounts excluded from the assessment of effectivenes
s for the six months ended June\plain\intbl\cf1\f51\fs16\ql 30, 2009.\par\pard\
plain\intbl\sb286\cf1\f51\fs16\b\ql Cash flow hedges and net investment hedges i
n foreign operations\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql We use interest r
ate, currency exchange and commodity derivatives to reduce the variability of ex
pected future cash flows\plain\intbl\cf1\f51\fs16\ql associated with variable r
ate borrowings and commercial purchase and sale transactions, including commodit
ies. For derivatives\plain\intbl\cf1\f51\fs16\ql that are designated in a cash
flow hedging relationship, the effective portion of the change in fair value of
the derivative is\plain\intbl\cf1\f51\fs16\ql reported as a component of AOCI a
nd reclassified into earnings contemporaneously and in the same caption with the
earnings\plain\intbl\cf1\f51\fs16\ql effects of the hedged transaction. Hedge
ineffectiveness is recognized in earnings, primarily in "GECS revenues from serv
ices"\plain\intbl\cf1\f51\fs16\ql each reporting period.\par\pard\plain\intbl\s
b198\cf1\f51\fs16\ql We use currency exchange derivatives to protect our net inv
estments in global operations conducted in non-U.S. dollar currencies.\plain\int
bl\cf1\f51\fs16\ql For derivatives that are designated as hedges of net investm
ent in a foreign operation, we assess effectiveness based on changes in\plain\in
tbl\cf1\f51\fs16\ql spot currency exchange rates. Changes in spot rates on the
derivative are recorded as a component of AOCI until such time as the\plain\intb
l\cf1\f51\fs16\ql foreign entity is substantially liquidated or sold. The chang
e in fair value of the forward points, which reflects the interest rate\plain\in
tbl\cf1\f51\fs16\ql differential between the two countries on the derivative, a
re excluded from the effectiveness assessment and are recorded currently\plain\i
ntbl\cf1\f51\fs16\ql in "Interest and other financial charges".\par\pard\plain\
intbl\sb198\cf1\f51\fs16\ql The following tables provide information about the a
mounts recorded in AOCI for the three months ended June 30, 2010 and\plain\intbl
\cf1\f51\fs16\ql 2009, and the six months ended June 30, 2010 and 2009, as well
as the amounts recorded in each caption in the Condensed\plain\intbl\cf1\f51\fs
16\ql Statement of Earnings when derivative amounts are reclassified out of AOC
I related to our cash flow hedges and net investment\plain\intbl\cf1\f51\fs16\ql
hedges.
llx3619\cellx3771\cellx4221\cellx4316\clvertalb\cellx4774\cellx6536\clvertalb\ce

llx3619\cellx3771\cellx4221\cellx4316\clvertalb\cellx4774\cellx6536\clvertalb\ce
cellx6997\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9032\clvertalb\cellx9127\trrh568\
itap2
fs13\b\qc Gain (loss) recognized in\plain\intbl\cf1\f51\fs13\b\qc AOCI
nded\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
intbl\cf1\f51\fs13\b\qc Gain (loss) reclassified
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc from AOCI into earning
s

par }{
0\itap2
}{
lx9121\trrh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Cash flow hedges\itap2\nestcell
lx9121\trrh206\nestrow{\nonesttables \par }}}}

vertalb\cellx8318\clvertalb\cellx8470\clvertalb\cellx9026\clvertalb\cellx9121\tr
rh413\itap2
ar }\pard\plain\intbl\cf1\f51\fs16\qr (214\itap2\nestcell{\nonesttables \par }\p
ttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Interest and other\plain\intbl\c
f1\f51\fs16\ql financial charges\itap2\nestcell{\nonesttables \par }\pard\plain
(355\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )\ita
les \par }\pard\plain\intbl\cf1\f51\fs16\qr (558\itap2\nestcell{\nonesttables \p
ar }\pard\plain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql GECS revenues fr
om\plain\intbl\cf1\f51\fs16\ql services\itap2\nestcell{\nonesttables \par }\par
\qr 3\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
0\itap2
}{
rh413\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Currency exchange\plain\intbl\cf1
\f51\fs16\ql contracts\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Int
erest and other\plain\intbl\cf1\f51\fs16\ql financial charges\itap2\nestcell{\n
ain\intbl\cf1\f51\fs16\qr (86\itap2\nestcell{\nonesttables \par }\pard\plain\int
les \par }{
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Other costs and
expenses\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
16\qr (31\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql )
rh413\itap2
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql GECS revenues fr
om\plain\intbl\cf1\f51\fs16\ql services\itap2\nestcell{\nonesttables \par }\par
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Sales of goods a
nd\plain\intbl\cf1\f51\fs16\ql services\itap2\nestcell{\nonesttables \par }\par
0\itap2
}{
rh413\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Commodity contracts\itap2\nestcel

plain\intbl\cf1\f51\fs16\ql GECS revenues from\plain\intbl\cf1\f51\fs16\ql serv
ices\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\ne
ttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonestta
\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Other costs and
expenses\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
onesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 2\itap2\nestcell{\nonesttabl
\qr 5\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
x4221\cellx4316\clvertalb\cellx4774\clvertalb\cellx6536\clvertalb\cellx6994\clbr
cellx7826\clvertalb\cellx8318\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8470\clbrdrt\
brdrs\brdrcf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\itap2
x4221\cellx4316\clvertalb\cellx4774\clvertalb\cellx6536\clvertalb\cellx6994\clbr
cellx7826\clvertalb\cellx8318\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8470\clbrdrt\
brdrs\brdrcf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\nestrow{\nonesttables
\par }}}}
0\itap2
}{
fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (

ttables \par }}}}
cellx4221\cellx4316\clvertalb\cellx4774\clvertalb\cellx6536\clvertalb\cellx6994\
x7703\cellx7826\clvertalb\cellx8318\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8470\c
lbrdrt\brdrdb\brdrcf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\itap2
lbrdrt\brdrdb\brdrcf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\nestrow{\nones
ttables \par }}}}
les \par }}}}
itap2
fs13\b\qc Gain (loss) recognized in\plain\intbl\cf1\f51\fs13\b\qc CTA
intbl\cf1\f51\fs13\b\qc Gain (loss) reclassified from\plain\intbl\cf1\f51\fs13\b
\qc CTA

par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Net investment hedges\itap2\nes

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Currency exchange\plain\intbl\cf1
\f51\fs16\ql contracts\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\
$\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 1,813\ita
rd\plain\intbl\cf1\f51\fs16\qr (5,629\itap2\nestcell{\nonesttables \par }\pard\p
lain\intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }\pard\plain\intb
6\ql GECS revenues from\plain\intbl\cf1\f51\fs16\ql services\itap2\nestcell{\no
\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 9\itap2\ne
ttables \par }{
ttables \par }}}}
lbrdrt\brdrdb\brdrcf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\itap2

lbrdrt\brdrdb\brdrcf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\nestrow{\nones
ttables \par }}}}
llx3880\cellx4032\cellx4427\clvertalb\cellx4716\cellx7096\clvertalb\cellx7385\ce
rh-66\trrh0\itap2
\par }{
drs\brdrcf1\clvertalb\cellx9031\clvertalb\cellx9126\trrh568\itap2
ntbl\f0\fs16\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\brdrb\br
drs\cf1\f51\fs13\b\qc Gain (loss) recognized in\plain\intbl\cf1\f51\fs13\b\qc A
OCI
ed\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
pard\plain\intbl\cf1\f51\fs13\b\qc Gain (loss) reclassified
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc from AOCI into earning

s
ed\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\nest
drs\brdrcf1\clvertalb\cellx9031\clvertalb\cellx9126\trrh568\nestrow{\nonesttable
s \par }}}}
rtalb\cellx8426\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9029\clvertalb\cellx9124\tr
rh344\itap2
par }\pard\plain\intbl\cf1\f51\fs13\b\ql Financial statement caption\itap2\nestc
bles \par }\pard\plain\intbl\cf1\f51\fs13\b\qc June 30,
par }{
0\itap2
}{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Cash flow hedges\itap2\nestcell
l \~\itap2\nestcell{\nonesttables \par }{
llx8424\clvertalb\cellx8576\clvertalb\cellx9026\clvertalb\cellx9121\trrh412\itap
2
ar }\pard\plain\intbl\cf1\f51\fs16\qr (444\itap2\nestcell{\nonesttables \par }\p
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Interest and other
financial\plain\intbl\cf1\f51\fs16\ql charges\itap2\nestcell{\nonesttables \par
1\f51\fs16\qr (776\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1,044\itap2\nestcell{\
les \par }{
llx8424\clvertalb\cellx8576\clvertalb\cellx9026\clvertalb\cellx9121\trrh412\nest
row{\nonesttables \par }}}}
at12\cellx9026\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9121\trrh206\itap2
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql GEC
S revenues from services\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 5\itap2\nest
tbl\cf1\f51\fs16\qr -\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
at12\cellx9026\clvertalb\clshdng100\clcfpat12\clcbpat12\cellx9121\trrh206\nestro
w{\nonesttables \par }}}}
0\itap2
}{
2
stcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Interest and other

financial\plain\intbl\cf1\f51\fs16\ql charges\itap2\nestcell{\nonesttables \par
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Oth
er costs and expenses\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 4\itap2\nestcel
2

6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql GEC
S revenues from services\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (1,488\itap2
\plain\intbl\cf1\f51\fs16\qr (62\itap2\nestcell{\nonesttables \par }\pard\plain\
intbl\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Sal
es of goods and services\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0
tap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (110\itap2\n
lain\intbl\cf1\f51\fs16\qr 62\itap2\nestcell{\nonesttables \par }\pard\plain\int
0\itap2

}{
2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Commodity contracts\itap2\nestcel
\par }\pard\plain\intbl\cf1\f51\fs16\ql GECS revenues from services\itap2\nestc
ard\plain\intbl\cf1\f51\fs16\qr -\itap2\nestcell{\nonesttables \par }\pard\plain
es \par }{
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql Oth
er costs and expenses\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs
2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr -\itap2\nestcel

\fs16\ql )\itap2\nestcell{\nonesttables \par }{
x4427\clvertalb\cellx4716\clvertalb\cellx7096\clvertalb\cellx7385\clbrdrt\brdrs\
brdrcf1\clvertalb\cellx7537\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7987\cellx8110\
clvertalb\cellx8424\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8576\clbrdrt\brdrs\brdr
cf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\itap2
\par }{
x4427\clvertalb\cellx4716\clvertalb\cellx7096\clvertalb\cellx7385\clbrdrt\brdrs\
brdrcf1\clvertalb\cellx7537\clbrdrt\brdrs\brdrcf1\clvertalb\cellx7987\cellx8110\
clvertalb\cellx8424\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8576\clbrdrt\brdrs\brdr
cf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\nestrow{\nonesttables \par }}}}
0\itap2
}{
ntbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\
f51\fs16\qr (2,456\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\
ll{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr (138\itap2\nestcell{\no
s \par }{
cellx4427\clvertalb\cellx4716\clvertalb\cellx7096\clvertalb\cellx7385\clbrdrt\br
drdb\brdrcf1\clvertalb\cellx7537\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx7987\cell
x8110\clvertalb\cellx8424\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8576\clbrdrt\brd
rdb\brdrcf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\itap2
\par }{
rdb\brdrcf1\clvertalb\cellx9026\cellx9121\trrh-66\trrh0\nestrow{\nonesttables \p
ar }}}}
rh-66\trrh0\itap2

\par }{
les \par }}}}
cellx7801\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9029\clvertalb\cellx9124\trrh0\it
ap2
fs13\b\qc Gain (loss) recognized in\plain\intbl\cf1\f51\fs13\b\qc CTA
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc for the six months\pla
in\intbl\cf1\f51\fs13\b\qc ended\itap2\nestcell{\nonesttables \par }\pard\plain
nesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Gain (loss)\plain\intbl\cf1
\f51\fs13\b\qc reclassified from\plain\intbl\cf1\f51\fs13\b\qc CTA
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc for the six months\pla
in\intbl\cf1\f51\fs13\b\qc ended\itap2\nestcell{\nonesttables \par }\pard\plain
cellx7801\clbrdrb\brdrs\brdrcf1\clvertalb\cellx9029\clvertalb\cellx9124\trrh0\ne
rh0\itap2
par }\pard\plain\intbl\cf1\f51\fs13\b\qc June 30,

ard\plain\intbl\cf1\f51\fs13\b\qc June\plain\intbl\cf1\f51\fs13\b\qc 30,
ain\intbl\cf1\f51\fs13\b\qc June\plain\intbl\cf1\f51\fs13\b\qc 30,
par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Net investment hedges\itap2\nes
nesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttable
f1\f51\fs16\qr (3,274\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f
itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql GECS revenu
es from services\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql
in\intbl\cf1\f51\fs16\qr (30\itap2\nestcell{\nonesttables \par }\pard\plain\intb
l\cf1\f51\fs16\ql )\itap2\nestcell{\nonesttables \par }{
rdb\brdrcf1\clvertalb\cellx9024\cellx9119\trrh-66\trrh0\itap2
\par }{
rdb\brdrcf1\clvertalb\cellx9024\cellx9119\trrh-66\trrh0\nestrow{\nonesttables \p
ar }}}}\pard\plain\intbl\brdrb\brdrs\sb198\cf1\f51\fs16\ql Of the total pre-tax
amount in AOCI at June 30, 2010, $\plain\intbl\cf1\f51\fs16\ql 2,177\plain\intbl
\cf1\f51\fs16\ql million related to cash flow hedges of forecasted transactions
of\plain\intbl\cf1\f51\fs16\ql which we expect to transfer $\plain\intbl\cf1\f
51\fs16\ql 1,237\plain\intbl\cf1\f51\fs16\ql million to earnings as an expens
e in the next 12 months contemporaneously with the earnings\plain\intbl\cf1\f51\
fs16\ql effects of the related forecasted transactions. In the first six months
of 2010 and 2009, we recognized insignificant gains and\plain\intbl\cf1\f51\fs1
6\ql losses related to hedged forecasted transactions and firm commitments that
did not occur by the end of the originally specified\plain\intbl\cf1\f51\fs16\q
l period. At June 30, 2010 and 2009, the maximum term of derivative instruments
that hedge forecasted transactions was\plain\intbl\cf1\f51\fs16\ql 26\plain\i
ntbl\cf1\f51\fs16\ql years\plain\intbl\cf1\f51\fs16\ql and\plain\intbl\cf1\f5
1\fs16\ql 27\plain\intbl\cf1\f51\fs16\ql years, respectively, and related to
hedges of anticipated interest payments associated with external debt.\par\pard
\plain\intbl\cf1\f51\fs16\ql For cash flow hedges, the amount of ineffectiveness
in the hedging relationship and amount of the changes in fair value of the\plai
n\intbl\cf1\f51\fs16\ql derivatives that are not included in the measurement of
ineffectiveness are both reflected in earnings each reporting period. These\pla
in\intbl\cf1\f51\fs16\ql amounts primarily appear in "GECS revenues from servic
es" and totaled $\plain\intbl\cf1\f51\fs16\ql 7\plain\intbl\cf1\f51\fs16\ql m
illion and $\plain\intbl\cf1\f51\fs16\ql 9\plain\intbl\cf1\f51\fs16\ql millio
n for the three months ended\plain\intbl\cf1\f51\fs16\ql June 30, 2010 and 2009
, respectively, of which $\plain\intbl\cf1\f51\fs16\ql (17)\plain\intbl\cf1\f51
\fs16\ql million represents amounts excluded from the assessment of effectiven
ess\plain\intbl\cf1\f51\fs16\ql for the three months ended June 30, 2009. These
amounts totaled $\plain\intbl\cf1\f51\fs16\ql (27)\plain\intbl\cf1\f51\fs16\ql
million and $\plain\intbl\cf1\f51\fs16\ql 2\plain\intbl\cf1\f51\fs16\ql mi
llion for the six months ended June 30,\plain\intbl\cf1\f51\fs16\ql 2010 and 20
09, respectively, of which $\plain\intbl\cf1\f51\fs16\ql (15)\plain\intbl\cf1\f
51\fs16\ql million represents amounts excluded from the assessment of effectiv
eness for the six\plain\intbl\cf1\f51\fs16\ql months ended June 30, 2009.\par\p
ard\plain\intbl\sb198\cf1\f51\fs16\ql Amounts from net investment hedges related
to the change in the fair value of the forward points were $\plain\intbl\cf1\f5
1\fs16\ql (213)\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\f
s16\ql (167)\plain\intbl\cf1\f51\fs16\ql million for the three months ended Jun
e 30, 2010 and 2009, respectively, and $\plain\intbl\cf1\f51\fs16\ql (412)\plai
n\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql (557)\plain
\intbl\cf1\f51\fs16\ql million for the six\plain\intbl\cf1\f51\fs16\ql months
ended June 30, 2010 and 2009, respectively.\par\pard\plain\intbl\sb286\cf1\f51\
fs16\b\ql Free-standing derivatives\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql Ch
anges in the fair value of derivatives that are not designated as hedges are rec
orded in earnings each period. As discussed\plain\intbl\cf1\f51\fs16\ql above,
these derivatives are typically entered into as economic hedges of changes in in
terest rates, currency exchange rates,\plain\intbl\cf1\f51\fs16\ql commodity pr
ices and other risks. Gains or losses related to the derivative are typically re
corded in "GECS revenues from\plain\intbl\cf1\f51\fs16\ql services" or "Other i
ncome," based on our accounting policy. In general, the earnings effects of the
item that represent the\plain\intbl\cf1\f51\fs16\ql economic risk exposure are
recorded in the same caption as the derivative. Losses for the first six months
of 2010 on derivatives\plain\intbl\cf1\f51\fs16\ql not designated as hedges wer
e $\plain\intbl\cf1\f51\fs16\ql (1,291)\plain\intbl\cf1\f51\fs16\ql million c
omprised of amounts related to interest rate contracts of $\plain\intbl\cf1\f51\
fs16\ql 179\plain\intbl\cf1\f51\fs16\ql million, currency\plain\intbl\cf1\f51
\fs16\ql exchange contracts of $\plain\intbl\cf1\f51\fs16\ql (1,459)\plain\int
bl\cf1\f51\fs16\ql million, and other derivatives of $\plain\intbl\cf1\f51\fs1
6\ql (11)\plain\intbl\cf1\f51\fs16\ql million. These losses of $(1,291) milli
on were more than\plain\intbl\cf1\f51\fs16\ql offset by the earnings effects fr
om the underlying items that were economically hedged. Gains for the first six m
onths of 2009 on\plain\intbl\cf1\f51\fs16\ql derivatives not designated as hedg
es, without considering the offsetting earnings effects from the item representi
ng the economic\plain\intbl\cf1\f51\fs16\ql risk exposure, were $\plain\intbl\c
f1\f51\fs16\ql 272\plain\intbl\cf1\f51\fs16\ql million comprised of amounts r
elated to interest rate contracts of $\plain\intbl\cf1\f51\fs16\ql 256\plain\in
tbl\cf1\f51\fs16\ql million, currency exchange\plain\intbl\cf1\f51\fs16\ql co
ntracts of $\plain\intbl\cf1\f51\fs16\ql (23)\plain\intbl\cf1\f51\fs16\ql mil
lion, and other derivatives of $\plain\intbl\cf1\f51\fs16\ql 39\plain\intbl\cf1

\f51\fs16\ql million.\par\pard\plain\intbl\sb286\cf1\f51\fs16\b\ql Counterpart
y credit risk\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql Fair values of our deriv
atives can change significantly from period to period based on, among other fact
ors, market movements\plain\intbl\cf1\f51\fs16\ql and changes in our positions.
Accordingly, we actively monitor these exposures and take appropriate actions i
n response. We\plain\intbl\cf1\f51\fs16\ql manage counterparty credit risk (the
risk that counterparties will default and not make payments to us according to
the terms of\plain\intbl\cf1\f51\fs16\ql our standard master agreements) on an
individual counterparty basis. Where we have agreed to netting of derivative exp
osures\plain\intbl\cf1\f51\fs16\ql with a counterparty, we offset our exposures
with that counterparty and apply the value of collateral posted to us to determ
ine the\plain\intbl\cf1\f51\fs16\ql exposure. When net exposure to a counterpar
ty, based on the current market values of agreements and collateral, exceeds cre
dit\plain\intbl\cf1\f51\fs16\ql exposure limits, we typically take action to re
duce such exposures. These actions may include prohibiting additional transactio
ns\plain\intbl\cf1\f51\fs16\ql with the counterparty, requiring additional coll
ateral from the counterparty (as described below) and terminating or restructuri
ng\plain\intbl\cf1\f51\fs16\ql transactions.\par\pard\plain\intbl\sb198\cf1\f51
\fs16\ql As discussed above, we have provisions in certain of our master agreeme
nts that require counterparties to post collateral (typically,\plain\intbl\cf1\f
51\fs16\ql cash or U.S. Treasuries) when our receivable due from the counterpar
ty, measured at current market value, exceeds a specified\plain\intbl\cf1\f51\fs
16\ql limit. At June 30, 2010, our exposure to counterparties, net of collatera
l we hold, was $\plain\intbl\cf1\f51\fs16\ql 1,134\plain\intbl\cf1\f51\fs16\ql
million. The fair value of such\plain\intbl\cf1\f51\fs16\ql collateral was $\
plain\intbl\cf1\f51\fs16\ql 8,530\plain\intbl\cf1\f51\fs16\ql million, of whi
ch $\plain\intbl\cf1\f51\fs16\ql 2,163\plain\intbl\cf1\f51\fs16\ql million wa
s cash and $\plain\intbl\cf1\f51\fs16\ql 6,367\plain\intbl\cf1\f51\fs16\ql mi
llion was in the form of securities held by a\plain\intbl\cf1\f51\fs16\ql custo
dian for our benefit. Under certain of these same agreements, we post collateral
to our counterparties for our derivative\plain\intbl\cf1\f51\fs16\ql obligatio
ns, the fair value of which was $\plain\intbl\cf1\f51\fs16\ql 1,229\plain\intbl
\cf1\f51\fs16\ql million at June 30, 2010.\par\pard\plain\intbl\sb198\cf1\f51\
fs16\ql Additionally, our standard master agreements typically contain mutual do
wngrade provisions that provide the ability of each party\plain\intbl\cf1\f51\fs
16\ql to require termination if the long-term credit rating of the counterparty
were to fall below A-/A3. In certain of these master\plain\intbl\cf1\f51\fs16\q
l agreements, each party also has the ability to require termination if the sho
rt-term rating of the counterparty were to fall below\plain\intbl\cf1\f51\fs16\q
l A-1/P-1. The net amount relating to our derivative liability of $\plain\intbl
\cf1\f51\fs16\ql 2,573\plain\intbl\cf1\f51\fs16\ql million subject to these p
rovisions, after consideration of\plain\intbl\cf1\f51\fs16\ql collateral posted
by us, was $\plain\intbl\cf1\f51\fs16\ql 1,095\plain\intbl\cf1\f51\fs16\ql m
illion at June 30, 2010.\par\pard\plain\intbl\cf1\f51\fs16\ql More information r
egarding our counterparty credit risk and master agreements can be found in Note
22 in our 2009 consolidated\plain\intbl\cf1\f51\fs16\ql financial statements.\
par\pard\plain\intbl\sb286\cf1\f51\fs16\b\ql Support of customer derivatives\par
\pard\plain\intbl\sb88\cf1\f51\fs16\ql For information related to support of cus
tomer derivatives, see Note 22 in our 2009 consolidated financial statements. Th
e fair\plain\intbl\cf1\f51\fs16\ql value of support agreements was $\plain\intb
l\cf1\f51\fs16\ql 21\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf
1\f51\fs16\ql 24\plain\intbl\cf1\f51\fs16\ql million at June 30, 2010 and Dec
ember 31, 2009, respectively. Because we\plain\intbl\cf1\f51\fs16\ql are suppor
ting the performance of the customer under these arrangements, our exposure to l
oss at any point in time is limited to\plain\intbl\cf1\f51\fs16\ql the fair val
ue of the customer's derivative contracts that are in a liability position. The
aggregate fair value of customer derivative\plain\intbl\cf1\f51\fs16\ql contrac
ts in a liability position at June 30, 2010 and December 31, 2009, was $\plain\i
ntbl\cf1\f51\fs16\ql 215\plain\intbl\cf1\f51\fs16\ql million and $\plain\intb
l\cf1\f51\fs16\ql 260\plain\intbl\cf1\f51\fs16\ql million, respectively, befo

re\plain\intbl\cf1\f51\fs16\ql consideration of any offsetting effect of collat
eral. At June 30, 2010 and December 31, 2009, collateral value was sufficient to
\plain\intbl\cf1\f51\fs16\ql cover the loan amount and the fair value of the cu
stomer's derivative, in the event we had been called upon to perform under the\p
lain\intbl\cf1\f51\fs16\ql derivative. Given our underwriting criteria, we beli
eve that the likelihood that we will be required to perform under these\plain\in
tbl\cf1\f51\fs16\ql arrangements is remote.\cell{
x10759\trrh14797\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Variable Interest Enti
ties{\*\bkmkstart gmnh92b01d416a7347390cea89bff0955e6e}{\*\bkmkend gmnh92b01d416
a7347390cea89bff0955e6e}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Variable Interest Entities
x10759\trrh1732
\pard\plain\intbl\cf1\f51\fs16\ql Variable Interest Entities\cell\pard\plain\int
bl\sb286\cf1\f51\fs16\b\ql 16. VARIABLE INTEREST ENTITIES\par\pard\plain\intbl\s
b88\cf1\f51\fs16\ql We securitize financial assets and arrange other forms of as
set-backed financing in the ordinary course of business. The\plain\intbl\cf1\f51
\fs16\ql securitization transactions we engage in are similar to those used by
many financial institutions. Beyond improving returns,\plain\intbl\cf1\f51\fs16\
ql these securitization transactions serve as alternative funding sources for a
variety of diversified lending and securities\plain\intbl\cf1\f51\fs16\ql tran
sactions. Historically, we have used both GE-supported and third-party VIEs to e
xecute off-balance sheet securitization\plain\intbl\cf1\f51\fs16\ql transaction
s funded in the commercial paper and term markets. The largest group of VIEs tha
t we are involved with are\plain\intbl\cf1\f51\fs16\ql QSPEs, which under guida
nce in effect through December 31, 2009 were excluded from the scope of consolid
ation standards\plain\intbl\cf1\f51\fs16\ql based on their characteristics. Exc
ept as noted below, investors in these entities only have recourse to the assets
owned by the\plain\intbl\cf1\f51\fs16\ql entity and not to our general credit.
We do not have implicit support arrangements with any VIE or QSPE. We did not\p
lain\intbl\cf1\f51\fs16\ql provide non-contractual support for previously trans
ferred financing receivables to any VIE or QSPE in 2010 or 2009.\par\pard\plain\
intbl\sb198\cf1\f51\fs16\ql On January 1, 2010, we adopted FASB ASU 2009-16 & 17
, which amended ASC 860,\plain\intbl\cf1\f51\fs16\i\ql Transfers and Servicing\
plain\intbl\cf1\f51\fs16\ql , and ASC\plain\intbl\cf1\f51\fs16\ql 810,\plain\in
tbl\cf1\f51\fs16\i\ql Consolidation\plain\intbl\cf1\f51\fs16\ql , respectivel
y. These amendments eliminated the scope exception for QSPEs and required that a
ll such\plain\intbl\cf1\f51\fs16\ql entities be evaluated for consolidation as
VIEs, which resulted in the consolidation of all of our sponsored QSPEs. Among\p
lain\intbl\cf1\f51\fs16\ql other changes, the amendments to ASC 810 replaced th
e existing quantitative approach for identifying the party that should\plain\int
bl\cf1\f51\fs16\ql consolidate a VIE, which was based on exposure to a majority
of the risks and rewards, with a qualitative approach, based on\plain\intbl\cf1
\f51\fs16\ql determination of which party has the power to direct the most econ
omically significant activities of the entity. The revised\plain\intbl\cf1\f51\f
s16\ql guidance will sometimes change the composition of entities that meet the
definition of a VIE and the determination about\plain\intbl\cf1\f51\fs16\ql wh
ich party should consolidate a VIE, as well as requiring the latter to be evalua
ted continuously.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql In evaluating wheth
er we have the power to direct, as defined in the standard, we consider the purp
ose for which the VIE was\plain\intbl\cf1\f51\fs16\ql created, the importance o
f each of the activities in which it is engaged and our decision-making role, if
any, in those activities\plain\intbl\cf1\f51\fs16\ql that significantly determ
ine the entity's economic performance as compared to other economic interest hol
ders. This evaluation\plain\intbl\cf1\f51\fs16\ql requires consideration of all
facts and circumstances relevant to decision-making that affects the entity's f
uture performance\plain\intbl\cf1\f51\fs16\ql and the exercise of professional
judgment in deciding which decision-making rights are most important.\par\pard\p
lain\intbl\sb198\cf1\f51\fs16\ql In determining whether we have the right to rec
eive benefits or the obligation to absorb losses that could potentially be\plain
\intbl\cf1\f51\fs16\ql significant to the VIE, we evaluate all of our economic
interests in the entity, regardless of form (debt, equity, management\plain\intb
l\cf1\f51\fs16\ql and servicing fees, and other contractual arrangements). This
evaluation considers all relevant factors of the entity's design,\plain\intbl\c
f1\f51\fs16\ql including: the entity's capital structure, contractual rights to
earnings (losses), subordination of our interests relative to those of\plain\in
tbl\cf1\f51\fs16\ql other investors, contingent payments, as well as other cont
ractual arrangements that have potential to be economically\plain\intbl\cf1\f51\
fs16\ql significant. The evaluation of each of these factors in reaching a conc
lusion about the potential significance of our economic\plain\intbl\cf1\f51\fs16
\ql interests is a matter that requires the exercise of professional judgment.\
par\pard\plain\intbl\cf1\f51\fs16\ql As of January 1, 2010 and subsequently, we
evaluated all entities that fall within the scope of the amended ASC 810 to\plai
n\intbl\cf1\f51\fs16\ql determine whether we were required to consolidate or de
consolidate them based on the approach described above. In addition\plain\intbl\
cf1\f51\fs16\ql to the securitization QSPEs described above, we were required t
o consolidate assets of VIEs related to direct investments in\plain\intbl\cf1\f5
1\fs16\ql entities that hold loans and fixed income securities, a media joint v
enture and a small number of companies to which we have\plain\intbl\cf1\f51\fs16
\ql extended loans in the ordinary course of business and have subsequently bee
n subject to a TDR. The incremental effect of\plain\intbl\cf1\f51\fs16\ql these
entities on our total assets and liabilities, net of our investment in them, wa
s an increase of approximately $\plain\intbl\cf1\f51\fs16\ql 31,097\plain\intbl
\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 33,042\plain\intbl\
cf1\f51\fs16\ql million, respectively, at January 1, 2010. There also was a ne
t reduction of total equity (including\plain\intbl\cf1\f51\fs16\ql noncontrolli
ng interests) of approximately $\plain\intbl\cf1\f51\fs16\ql 1,945\plain\intbl\
cf1\f51\fs16\ql million at January 1, 2010, principally related to the reversa
l of previously\plain\intbl\cf1\f51\fs16\ql recognized securitization gains as
a cumulative effect adjustment to retained earnings.\par\pard\plain\intbl\sb198\
cf1\f51\fs16\ql The assets of QSPEs that we consolidated were $\plain\intbl\cf1\
f51\fs16\ql 29,792\plain\intbl\cf1\f51\fs16\ql million, net of our existing ret
ained interests of $\plain\intbl\cf1\f51\fs16\ql 8,782\plain\intbl\cf1\f51\fs16\
ql million, and\plain\intbl\cf1\f51\fs16\ql liabilities were $\plain\intbl\cf1
\f51\fs16\ql 31,616\plain\intbl\cf1\f51\fs16\ql million at January 1, 2010. S
ignificant assets of the QSPEs included net financing receivables and\plain\intb
l\cf1\f51\fs16\ql trade receivables of $\plain\intbl\cf1\f51\fs16\ql 39,463\pl
ain\intbl\cf1\f51\fs16\ql million and investment securities of $\plain\intbl\c
f1\f51\fs16\ql 1,015\plain\intbl\cf1\f51\fs16\ql million at January 1, 2010.
Significant liabilities\plain\intbl\cf1\f51\fs16\ql included non-recourse borro
wings of $\plain\intbl\cf1\f51\fs16\ql 36,112\plain\intbl\cf1\f51\fs16\ql mil
lion. The assets and liabilities of other VIEs we consolidated were $\plain\intb
l\cf1\f51\fs16\ql 1,305\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\
cf1\f51\fs16\ql 1,426\plain\intbl\cf1\f51\fs16\ql million, respectively.\par\
pard\plain\intbl\sb286\cf1\f51\fs16\b\ql Consolidated Variable Interest Entities
\par\pard\plain\intbl\sb88\cf1\f51\fs16\ql We consolidate VIEs because we have t
he power to direct the activities that significantly affect the VIEs economic\pl
ain\intbl\cf1\f51\fs16\ql performance, typically because of our role as either
servicer or manager for the VIE. Our consolidated VIEs fall into four\plain\intb
l\cf1\f51\fs16\ql main groups, which are further described below:

{\trowd\cellx556\cellx644\cellx8878\trrh619\itap2
\pard\plain\intbl\cf1\f51\fs16\ql \u8226?\itap2\nestcell{\nonesttables \par }\pa
l\cf1\f51\fs16\ql Trinity is a group of sponsored special purpose entities that
holds investment securities, the majority of which are\plain\intbl\cf1\f51\fs16\
ql investment grade, and are funded by the issuance of GICs. These entities wer
e consolidated in 2003, and ceased\plain\intbl\cf1\f51\fs16\ql issuing new inve
stment contracts beginning in the first quarter of 2010.\itap2\nestcell{\nonestt
ables \par }{
{\trowd\cellx556\cellx644\cellx8878\trrh619\nestrow{\nonesttables \par }}}}\pard
\plain\intbl\li88\sb88\cf1\f51\fs16\ql If the long-term credit rating of GECC we
re to fall below AA-/Aa3 or its short-term credit rating were to fall below\plai
n\intbl\cf1\f51\fs16\ql A-1+/P-1, GECC would be required to provide approximate
ly $\plain\intbl\cf1\f51\fs16\ql 1,896\plain\intbl\cf1\f51\fs16\ql million to
such entities as of June 30, 2010\plain\intbl\cf1\f51\fs16\ql pursuant to lett
ers of credit issued by GECC. To the extent that the entities' liabilities excee
d the ultimate value of the\plain\intbl\cf1\f51\fs16\ql proceeds from the sale
of their assets and the amount drawn under the letters of credit, GECC could be
required to\plain\intbl\cf1\f51\fs16\ql provide such excess amount. As the borr
owings of these entities are already reflected in our consolidated Statement of\
plain\intbl\cf1\f51\fs16\ql Financial Position, there would be no change in our
debt if this were to occur. As of June 30, 2010, the carrying value of\plain\in
tbl\cf1\f51\fs16\ql the liabilities of these entities' was $\plain\intbl\cf1\f5
1\fs16\ql 7,329\plain\intbl\cf1\f51\fs16\ql million and the fair value of the
ir assets was $\plain\intbl\cf1\f51\fs16\ql 6,563\plain\intbl\cf1\f51\fs16\ql
million (which included\plain\intbl\cf1\f51\fs16\ql net unrealized losses on i
nvestment securities of $\plain\intbl\cf1\f51\fs16\ql 949\plain\intbl\cf1\f51\f
s16\ql million). With respect to these investment securities, we intend to\pla
in\intbl\cf1\f51\fs16\ql hold them at least until such time as their individual
fair values exceed their amortized cost. We have the ability to hold\plain\intb
l\cf1\f51\fs16\ql all such debt securities until maturity.
l\cf1\f51\fs16\ql Consolidated liquidating securitization entities comprise enti
ties that were consolidated in 2003 and which have been\plain\intbl\cf1\f51\fs16
\ql in run-off since then. These entities hold financing receivables and other
financial assets. There has been no\plain\intbl\cf1\f51\fs16\ql significant dif
ference between the performance of these financing receivables and our on-book r
eceivables on a\plain\intbl\cf1\f51\fs16\ql blended basis. Contractually the ca
sh flows from these financing receivables must first be used to pay down\plain\i
ntbl\cf1\f51\fs16\ql outstanding commercial paper and interest thereon as well
as other expenses of the entity. Excess cash flows are\plain\intbl\cf1\f51\fs16\
ql available to GE. The creditors of these entities have no claim on the other
assets of GE.\itap2\nestcell{\nonesttables \par }{
{\trowd\cellx556\cellx644\cellx8878\trrh0\nestrow{\nonesttables \par }}}}\pard\p
lain\intbl\li88\sb88\cf1\f51\fs16\ql If the short-term credit rating of GECC or
these entities were reduced below A-1+/P-1, GECC would be required to\plain\intb
l\cf1\f51\fs16\ql provide substitute liquidity for those entities or provide fu
nds to retire the outstanding commercial paper. The maximum\plain\intbl\cf1\f51\
fs16\ql net amount that we would be required to provide in the event of such a
downgrade is determined by contract, and totaled\plain\intbl\cf1\f51\fs16\ql $\
plain\intbl\cf1\f51\fs16\ql 2,161\plain\intbl\cf1\f51\fs16\ql million at June
30, 2010. As the borrowings of these entities are reflected in our Statement of
Financial Position,\plain\intbl\cf1\f51\fs16\ql our total debt would not chang
e as a result of such an event.
l\cf1\f51\fs16\ql Securitization QSPEs comprise previously off-book QSPEs that w
ere consolidated on January 1, 2010 in connection\plain\intbl\cf1\f51\fs16\ql w
ith our adoption of ASU 2009-16 & 17. These entities were created to facilitate
securitization of financial assets\plain\intbl\cf1\f51\fs16\ql and other forms
of asset-backed financing which serve as an alternative funding source by provid
ing access to the\plain\intbl\cf1\f51\fs16\ql commercial paper and term markets
. The securitization transactions executed with these entities are similar to th
ose\plain\intbl\cf1\f51\fs16\ql used by many financial institutions and substan
tially all are non-recourse. We provide servicing for substantially all\plain\in
tbl\cf1\f51\fs16\ql of the assets in these entities.\itap2\nestcell{\nonesttabl
es \par }{
{\trowd\cellx556\cellx644\cellx8878\trrh1237\nestrow{\nonesttables \par }}}}\par
d\plain\intbl\li88\sb88\cf1\f51\fs16\ql The financing receivables in these entit
ies have similar risks and characteristics to our other financing receivables an
d\plain\intbl\cf1\f51\fs16\ql were underwritten to the same standard. According
ly, the performance of these assets has been similar to our other\plain\intbl\cf
1\f51\fs16\ql financing receivables; however, the blended performance of the po
ols of receivables in these entities reflects the eligibility\plain\intbl\cf1\f5
1\fs16\ql criteria that we apply to determine which receivables are selected fo
r transfer. Contractually the cash flows from these\plain\intbl\cf1\f51\fs16\ql
financing receivables must be used to pay third-party debt holders as well as o
ther expenses of the entity. Excess cash\plain\intbl\cf1\f51\fs16\ql flows are
available to GE. The creditors of these entities have no claim on the other asse
ts of GE.
l\cf1\f51\fs16\ql Other remaining assets and liabilities of consolidated VIEs re
late primarily to five categories of entities: (1)\plain\intbl\cf1\f51\fs16\ql
enterprises we acquired that had previously created asset-backed financing entit
ies to fund commercial real estate,\plain\intbl\cf1\f51\fs16\ql middle-market a
nd equipment loans; we are the collateral manager for these entities; (2) joint
ventures that lease\plain\intbl\cf1\f51\fs16\ql light industrial equipment and
that hold a limited partnership interest in certain media properties; (3) entiti
es that have\plain\intbl\cf1\f51\fs16\ql executed on-balance sheet securitizati
ons of financial assets and of third party trade receivables; (4) insurance enti
ties\plain\intbl\cf1\f51\fs16\ql that, among other lines of business, provide p
roperty and casualty and workers' compensation coverage for GE, and\plain\intbl\
cf1\f51\fs16\ql (5) other entities that are involved in power generating, leasi
ng and real estate activities.\itap2\nestcell{\nonesttables \par }{
{\trowd\cellx556\cellx644\cellx8878\trrh1444\nestrow{\nonesttables \par }}}}\par
d\plain\intbl\cf1\f51\fs16\ql The table below summarizes the assets and liabilit
ies of consolidated VIEs described above.
llx7668\cellx8062\clvertalb\cellx8230\cellx8398\cellx8876\trrh-66\trrh0\itap2

llx7668\cellx8062\clvertalb\cellx8230\cellx8398\cellx8876\trrh-66\trrh0\nestrow{
ain\intbl\cf1\f51\fs13\b\qc Trinity(a)\itap2\nestcell{\nonesttables \par }\pard\
f1\f51\fs13\b\qc Consolidated
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Liquidating
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Securitization
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc Entities(a)\itap2\nest
ables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Securitization
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc QSPEs(b)(c)\itap2\nest
ables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Other(c)\itap2\nestcell{\nonestt
pard\plain\intbl\cf1\f51\fs13\b\qc Total\itap2\nestcell{\nonesttables \par }{
0\itap2
}{
t12\cellx8876\trrh206\itap2

t12\cellx8876\trrh206\nestrow{\nonesttables \par }}}}
rh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Financing receivables, net\itap2\
\par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \p

rh206\itap2
\u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other assets(d)\itap2\nestcell{\n

par }\pard\plain\intbl\cf1\f51\fs16\qr 627\itap2\nestcell{\nonesttables \par }\p
esttables \par }{
drcf1\clvertalb\cellx8398\clbrdrt\brdrs\brdrcf1\clvertalb\cellx8876\trrh-66\trrh
0\itap2
rh206\itap2

nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 55,473\itap2\nestcell{\none
sttables \par }{
brdrdb\brdrcf1\clvertalb\cellx8398\clbrdrt\brdrdb\brdrcf1\clvertalb\cellx8876\tr
rh-66\trrh0\itap2
0\itap2
}{
rh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Borrowings(d)\itap2\nestcell{\non
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestc
r 1,930\itap2\nestcell{\nonesttables \par }{
idated securitization\plain\intbl\cf1\f51\fs16\ql entities\itap2\nestcell{\none
es \par }\pard\plain\intbl\cf1\f51\fs16\qr 28,786\itap2\nestcell{\nonesttables \
estcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 32,696\itap2\nestc
rh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other liabilities(d)\itap2\nestce
0\itap2
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr 29,569\itap2\nestcell{\nonesttable
rh-66\trrh0\itap2
0\itap2
}{
rh206\itap2

rh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Financing receivables, net\itap2\
\par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \p

\u8212?\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap
rh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other assets(d)\itap2\nestcell{\n

par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables \par
0\itap2

rh-66\trrh0\itap2
0\itap2
}{
rh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Borrowings(d)\itap2\nestcell{\non
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\ql $\itap2\nestc
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell
pard\plain\intbl\cf1\f51\fs16\qr 1,835\itap2\nestcell{\nonesttables \par }\pard\
f1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs
rh412\itap2
idated securitization\plain\intbl\cf1\f51\fs16\ql entities\itap2\nestcell{\none
es \par }\pard\plain\intbl\cf1\f51\fs16\qr \u8212?\itap2\nestcell{\nonesttables
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other liabilities(d)\itap2\nestce
0\itap2
rh206\itap2
nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 15,231\itap2\nestcell{\none
sttables \par }{
rh-66\trrh0\itap2
par }\pard\plain\intbl\cf1\f51\fs16\ql Entities consolidated on July 1, 2003 or
January 1, 2004 as a result of amendments to U.S. GAAP.\itap2\nestcell{\nonestta
bles \par }{
lain\intbl\cf1\f51\fs16\ql Entities consolidated on January 1, 2010 by the initi
al application of ASU 2009-16 & 17.\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl
lain\intbl\cf1\f51\fs16\ql In certain transactions entered into prior to Decembe
r 31, 2004, we provided contractual credit and liquidity support to\plain\intbl\
cf1\f51\fs16\ql third parties who funded the purchase of securitized or partici
pated interests in assets. We have not entered into additional\plain\intbl\cf1\f
51\fs16\ql arrangements since that date. Liquidity and credit support was $\pla
in\intbl\cf1\f51\fs16\ql 1,060\plain\intbl\cf1\f51\fs16\ql million at June 30
, 2010 and $\plain\intbl\cf1\f51\fs16\ql 2,088\plain\intbl\cf1\f51\fs16\ql mi
llion at\plain\intbl\cf1\f51\fs16\ql December 31, 2009.\itap2\nestcell{\nonestt
ables \par }{
\pard\plain\intbl

lain\intbl\cf1\f51\fs16\ql Other assets, borrowings and other liabilities exclud
e intercompany balances that are eliminated in consolidation.\itap2\nestcell{\no
nesttables \par }{
tbl\sb198\cf1\f51\fs16\ql GECS revenues from services from our consolidated VIEs
were $\plain\intbl\cf1\f51\fs16\ql 1,785\plain\intbl\cf1\f51\fs16\ql million a
nd $\plain\intbl\cf1\f51\fs16\ql 3,674\plain\intbl\cf1\f51\fs16\ql million in t
he second quarter and\plain\intbl\cf1\f51\fs16\ql first six months of 2010, res
pectively. Related expenses consisted primarily of provisions for losses of $\pl
ain\intbl\cf1\f51\fs16\ql 279\plain\intbl\cf1\f51\fs16\ql million and $\plain
\intbl\cf1\f51\fs16\ql 747\plain\intbl\cf1\f51\fs16\ql million and interest an
d other financial charges of $\plain\intbl\cf1\f51\fs16\ql 205\plain\intbl\cf1\
f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 416\plain\intbl\cf1\f51
\fs16\ql million in the second quarter and the first six\plain\intbl\cf1\f51\f
s16\ql months of 2010, respectively. These amounts do not include intercompany
revenues and costs, principally fees and interest\plain\intbl\cf1\f51\fs16\ql b
etween GE and the VIEs, which are eliminated in consolidation.\par\pard\plain\in
tbl\cf1\f51\fs16\ql The collateral and outstanding debt in Securitization QSPEs
at June 30, 2010 and December 31, 2009 is provided below.
llx7635\cellx8029\clvertalb\cellx8228\cellx8396\cellx8874\trrh0\itap2
llx7635\cellx8029\clvertalb\cellx8228\cellx8396\cellx8874\trrh0\nestrow{\nonestt
ables \par }}}}
ain\intbl\cf1\f51\fs13\b\qc Credit card
\par\pard\plain\intbl\fs16\plain\intbl\cf1\f51\fs13\b\qc receivables\itap2\nest
ables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Real\plain\intbl\cf1\f51\fs13\b\
qc estate\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\it
ap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Equipment(a
ell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Other\itap2\nestcell
s \par }\pard\plain\intbl\cf1\f51\fs13\b\qc Total\itap2\nestcell{\nonesttables \
par }{
0\itap2
}{
rh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Asset amount outstanding\itap2\ne

ntbl\cf1\f51\fs16\ql $\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\
f51\fs16\qr 38,692\itap2\nestcell{\nonesttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Outstanding debt\itap2\nestcell{\
6\ql \~\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\cf1\f51\fs16\qr 4,6
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr 7,621\itap2\nestcell{\nonesttables
0\itap2
}{
rh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Asset amount outstanding\itap2\ne
rh206\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Outstanding debt\itap2\nestcell{\
ables \par }\pard\plain\intbl\cf1\f51\fs16\qr 9,312\itap2\nestcell{\nonesttables
par }\pard\plain\intbl\cf1\f51\fs16\ql Included floorplan receivables.\itap2\nes
tbl\sb286\cf1\f51\fs16\b\ql Unconsolidated Variable Interest Entities\par\pard\p
lain\intbl\sb88\cf1\f51\fs16\ql Our involvement with unconsolidated VIEs consist
s of the following activities: assisting in the formation and financing of the\p
lain\intbl\cf1\f51\fs16\ql entity, providing recourse and/or liquidity support,
servicing the assets and receiving variable fees for services provided. We\plai
n\intbl\cf1\f51\fs16\ql are not required to consolidate these entities because
the nature of our involvement with the activities of the VIEs does not\plain\int
bl\cf1\f51\fs16\ql give us power over decisions that significantly affect their
economic performance.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql Unconsolidated
VIEs at June 30, 2010 include our non-controlling stake in PTL ($\plain\intbl\c
f1\f51\fs16\ql 5,637\plain\intbl\cf1\f51\fs16\ql million); investments in real
estate\plain\intbl\cf1\f51\fs16\ql entities ($\plain\intbl\cf1\f51\fs16\ql 1,7
49\plain\intbl\cf1\f51\fs16\ql million), which generally consist of passive li
mited partnership investments in tax-advantaged, multi-family\plain\intbl\cf1\f5
1\fs16\ql real estate and investments in various European real estate entities;
and investments in joint ventures that purchase factored\plain\intbl\cf1\f51\fs
16\ql receivables ($\plain\intbl\cf1\f51\fs16\ql 1,160\plain\intbl\cf1\f51\fs1
6\ql million). Substantially all of our other unconsolidated entities consist
of passive investments in various\plain\intbl\cf1\f51\fs16\ql asset-backed fina
ncing entities.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql The largest unconsoli
dated VIE with which we are involved is PTL, which is a truck rental and leasing
joint venture. The total\plain\intbl\cf1\f51\fs16\ql consolidated assets and l
iabilities of PTL at December 31, 2008 were $\plain\intbl\cf1\f51\fs16\ql 7,444
\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 1,339\
plain\intbl\cf1\f51\fs16\ql million, respectively. As part\plain\intbl\cf1\f51
\fs16\ql of our strategy to reduce our investment in the equipment management m

arket, we reduced our partnership interest in PTL\plain\intbl\cf1\f51\fs16\ql f
rom\plain\intbl\cf1\f51\fs16\ql 79\plain\intbl\cf1\f51\fs16\ql % at December
31, 2005 to\plain\intbl\cf1\f51\fs16\ql 50.9\plain\intbl\cf1\f51\fs16\ql % at
December 31, 2008 through a series of dispositions to Penske Truck Leasing\plai
n\intbl\cf1\f51\fs16\ql Corporation (PTLC), the general partner of PTL, and an
entity affiliated with PTLC. In addition, in the first quarter of 2009,\plain\in
tbl\cf1\f51\fs16\ql we sold a\plain\intbl\cf1\f51\fs16\ql 1\plain\intbl\cf1\f
51\fs16\ql % partnership interest in PTL, a previously consolidated VIE, to PTL
C. The disposition of this partnership interest,\plain\intbl\cf1\f51\fs16\ql co
upled with our resulting minority position on the PTL advisory committee and rel
ated changes in our contractual rights,\plain\intbl\cf1\f51\fs16\ql resulted in
the deconsolidation of PTL. We recognized a pre-tax gain on the sale of $\plain
\intbl\cf1\f51\fs16\ql 296\plain\intbl\cf1\f51\fs16\ql million, including a g
ain on the\plain\intbl\cf1\f51\fs16\ql remeasurement of our retained investment
of $\plain\intbl\cf1\f51\fs16\ql 189\plain\intbl\cf1\f51\fs16\ql million. Th
e transaction price was determined on an arm's-length basis and\plain\intbl\cf1\
f51\fs16\ql GE obtained a fairness opinion from a third-party financial advisor
because of the related party nature of the transaction. The\plain\intbl\cf1\f51
\fs16\ql measurement of the fair value of our retained investment in PTL was ba
sed on a methodology that incorporated both\plain\intbl\cf1\f51\fs16\ql discoun
ted cash flow information and market data. In applying this methodology, we util
ized different sources of information,\plain\intbl\cf1\f51\fs16\ql including ac
tual operating results, future business plans, economic projections and market o
bservable pricing multiples of\plain\intbl\cf1\f51\fs16\ql similar businesses.
The resulting fair value of our retained interest reflected our position as a no
ncontrolling shareowner at the\plain\intbl\cf1\f51\fs16\ql conclusion of the tr
ansaction. At June 30, 2010, our remaining investment in PTL of $\plain\intbl\cf
1\f51\fs16\ql 5,637\plain\intbl\cf1\f51\fs16\ql million comprised a\plain\int
bl\cf1\f51\fs16\ql 49.9\plain\intbl\cf1\f51\fs16\ql %\plain\intbl\cf1\f51\fs1
6\ql partnership interest of $\plain\intbl\cf1\f51\fs16\ql 881\plain\intbl\cf1
\f51\fs16\ql million and loans and advances of $\plain\intbl\cf1\f51\fs16\ql
4,756\plain\intbl\cf1\f51\fs16\ql million. GECC continues to provide loans und
er\plain\intbl\cf1\f51\fs16\ql long-term revolving credit and letter of credit
facilities to PTL.\par\pard\plain\intbl\cf1\f51\fs16\ql The classification of ou
r variable interests in these entities in our financial statements is based on t
he nature of the entity and\plain\intbl\cf1\f51\fs16\ql the type of investment
we hold. Variable interests in partnerships and corporate entities are classifie
d as either equity method\plain\intbl\cf1\f51\fs16\ql or cost method investment
s. In the ordinary course of business, we also make investments in entities in w
hich we are not the\plain\intbl\cf1\f51\fs16\ql primary beneficiary but may hol
d a variable interest such as limited partner interests or mezzanine debt invest
ments. These\plain\intbl\cf1\f51\fs16\ql investments are classified in two capt
ions in our financial statements: "All other assets" for investments accounted f
or under\plain\intbl\cf1\f51\fs16\ql the equity method, and "Financing receivab
les - net" for debt financing provided to these entities. Our investments in\pla
in\intbl\cf1\f51\fs16\ql unconsolidated VIEs at June 30, 2010 and December 31,
2009 follow.
itap2
par }\pard\plain\intbl\cf1\f51\fs13\b\qc December\plain\intbl\cf1\f51\fs13\b\qc
31,
onesttables \par }{
}}}
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Other assets and investment secur
ities\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \~\itap2\n
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Financing receivables\itap2\nestc
ttables \par }}}}
-66\trrh0\itap2

\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Total investment\itap2\nestcell{\
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Contractual obligations to fund n
ew investments\itap2\nestcell{\nonesttables \par }\pard\plain\intbl\f0\fs16\ql \
lain\intbl\cf1\f51\fs16\qr 1,396\itap2\nestcell{\nonesttables \par }{
ttables \par }}}}
-66\trrh0\itap2
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\ql Maximum exposure to loss\itap2\ne

trrh-66\trrh0\itap2
trrh-66\trrh0\nestrow{\nonesttables \par }}}}\pard\plain\intbl\brdrb\brdrs\sb88\
cf1\f51\fs16\ql Our maximum exposure to loss is limited to our investment in the
entities and related contractual obligations to fund further\plain\intbl\cf1\f5
1\fs16\ql investments.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql In addition t
o the entities included in the table above, we also hold passive investments in
residential mortgage-backed\plain\intbl\cf1\f51\fs16\ql securities (RMBS), comm
ercial mortgage-backed securities (CMBS) and asset-backed securities issued by V
IEs. Such\plain\intbl\cf1\f51\fs16\ql investments were, by design, investment g
rade at issuance and held by a diverse group of investors. Further information a
bout\plain\intbl\cf1\f51\fs16\ql such investments is provided in Note 3.\cell{
x10759\trrh1732\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Intercompany Transacti
ons{\*\bkmkstart f43488c4454721f278079ae226e12561}{\*\bkmkend f43488c4454721f278
079ae226e12561}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Intercompany Transactions
x10759\trrh4571
\pard\plain\intbl\cf1\f51\fs16\ql Intercompany Transactions\cell\pard\plain\intb
l\sb286\cf1\f51\fs16\b\ql 17. INTERCOMPANY TRANSACTIONS\par\pard\plain\intbl\sb8
8\cf1\f51\fs16\ql Transactions between related companies are made on an arms-len
gth basis, are eliminated and consist primarily of capital\plain\intbl\cf1\f51\f
s16\ql contributions from GE to GECS; GE customer receivables sold to GECS; GEC
S services for trade receivables management\plain\intbl\cf1\f51\fs16\ql and mat
erial procurement; buildings and equipment (including automobiles) leased betwee
n GE and GECS; information\plain\intbl\cf1\f51\fs16\ql technology (IT) and othe
r services sold to GECS by GE; aircraft engines manufactured by GE that are inst
alled on aircraft\plain\intbl\cf1\f51\fs16\ql purchased by GECS from third-part
y producers for lease to others; and various investments, loans and allocations
of GE\plain\intbl\cf1\f51\fs16\ql corporate overhead costs.\par\pard\plain\intb

l\sb198\cf1\f51\fs16\ql These intercompany transactions are reported in the GE a
nd GECS columns of our financial statements, but are eliminated in\plain\intbl\c
f1\f51\fs16\ql deriving our consolidated financial statements. Effects of these
eliminations on our consolidated cash flows from operating,\plain\intbl\cf1\f51
\fs16\ql investing and financing activities include the following. Net decrease
(increase) in GE customer receivables sold to GECS of\plain\intbl\cf1\f51\fs16\
ql $\plain\intbl\cf1\f51\fs16\ql 144\plain\intbl\cf1\f51\fs16\ql million and
$\plain\intbl\cf1\f51\fs16\ql (765)\plain\intbl\cf1\f51\fs16\ql million have
been eliminated from consolidated cash from operating and investing activities
for the\plain\intbl\cf1\f51\fs16\ql six months ended June 30, 2010 and 2009, re
spectively. A capital contribution from GE to GECS of $\plain\intbl\cf1\f51\fs16
\ql 9,500\plain\intbl\cf1\f51\fs16\ql million has been\plain\intbl\cf1\f51\fs
16\ql eliminated from consolidated cash from investing and financing activities
for the first six months ended June 30, 2009. There\plain\intbl\cf1\f51\fs16\ql
were no such capital contributions for the six months ended June 30, 2010. Eli
minations of intercompany borrowings\plain\intbl\cf1\f51\fs16\ql (includes GE i
nvestment in GECS short-term borrowings, such as commercial paper) of $\plain\in
tbl\cf1\f51\fs16\ql 497\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl
\cf1\f51\fs16\ql 853\plain\intbl\cf1\f51\fs16\ql million have\plain\intbl\cf1
\f51\fs16\ql been eliminated from financing activities for the six months ended
June 30, 2010 and 2009, respectively. Other\plain\intbl\cf1\f51\fs16\ql reclas
sifications and eliminations of $\plain\intbl\cf1\f51\fs16\ql (126)\plain\intbl
\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql 964\plain\intbl\cf
1\f51\fs16\ql million have been eliminated from consolidated cash from\plain\i
ntbl\cf1\f51\fs16\ql operating activities and $\plain\intbl\cf1\f51\fs16\ql (1
81)\plain\intbl\cf1\f51\fs16\ql million and $\plain\intbl\cf1\f51\fs16\ql (1,
114)\plain\intbl\cf1\f51\fs16\ql million have been eliminated from consolidate
d cash from investing\plain\intbl\cf1\f51\fs16\ql activities for the six months
ended June 30, 2010 and 2009, respectively.\cell{
x10759\trrh4571\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Summary of Significant
Accounting Policies (Policy){\*\bkmkstart ca1c329d2eb9a3ec1db83c7a3751c6d6}{\*\
bkmkend ca1c329d2eb9a3ec1db83c7a3751c6d6}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Summary of Significant Accounting Policies
\par\pard\plain\intbl\fs16\plain\intbl\cf8\f51\fs15\ql (Policy) (USD $)\~\cell\
pard\plain\intbl\cf8\f51\fs15\ql 6 Months Ended
x10759\trrh4975
\pard\plain\intbl\cf1\f51\fs16\ql Accounting Changes Policy\cell\pard\plain\intb
l\sb286\cf1\f51\fs16\b\ql Accounting Changes\par\pard\plain\intbl\sb88\cf1\f51\f
s16\ql On January 1, 2010, we adopted Financial Accounting Standards Board (FASB
) Accounting Standards Update\plain\intbl\cf1\f51\fs16\ql (ASU) 2009-16 and ASU
2009-17, amendments to Accounting Standards Codification (ASC) 860,\plain\intbl
\cf1\f51\fs16\i\ql Transfers\plain\intbl\cf1\f51\fs16\i\ql and Servicing\plai
n\intbl\cf1\f51\fs16\ql , and ASC 810,\plain\intbl\cf1\f51\fs16\i\ql Consolid
ation\plain\intbl\cf1\f51\fs16\ql , respectively (ASU 2009-16 & 17). ASU 2009-1
6 eliminates the\plain\intbl\cf1\f51\fs16\ql Qualified Special Purpose Entity (
QSPE) concept, and ASU 2009-17 requires that all such entities be\plain\intbl\cf
1\f51\fs16\ql evaluated for consolidation as Variable Interest Entities (VIEs).
Adoption of these amendments resulted in the\plain\intbl\cf1\f51\fs16\ql conso
lidation of all of our sponsored QSPEs. In addition, we consolidated assets of V
IEs related to direct\plain\intbl\cf1\f51\fs16\ql investments in entities that
hold loans and fixed income securities, a media joint venture and a small number
\plain\intbl\cf1\f51\fs16\ql of companies to which we have extended loans in th
e ordinary course of business and subsequently were\plain\intbl\cf1\f51\fs16\ql
subject to a troubled debt restructuring (TDR).\par\pard\plain\intbl\cf1\f51\fs
16\ql We consolidated the assets and liabilities of these entities at amounts at
which they would have been reported\plain\intbl\cf1\f51\fs16\ql in our financi
al statements had we always consolidated them.\plain\intbl\cf1\f51\fs16\ql We
also deconsolidated certain entities where we\plain\intbl\cf1\f51\fs16\ql did n
ot meet the definition of the primary beneficiary under the revised guidance; ho
wever the effect was\plain\intbl\cf1\f51\fs16\ql insignificant at January 1, 20
10.\plain\intbl\cf1\f51\fs16\ql The incremental effect on total assets and lia
bilities, net of our investment in\plain\intbl\cf1\f51\fs16\ql these entities,
was an increase of $\plain\intbl\cf1\f51\fs16\ql 31,097\plain\intbl\cf1\f51\fs1
6\ql million and $\plain\intbl\cf1\f51\fs16\ql 33,042\plain\intbl\cf1\f51\fs1
6\ql million, respectively, at January 1, 2010. The\plain\intbl\cf1\f51\fs16\q
l net reduction of total equity (including noncontrolling interests) was $\plai
n\intbl\cf1\f51\fs16\ql 1,945\plain\intbl\cf1\f51\fs16\ql million at January
1, 2010,\plain\intbl\cf1\f51\fs16\ql principally related to the reversal of pre
viously recognized securitization gains as a cumulative effect\plain\intbl\cf1\f
51\fs16\ql adjustment to retained earnings. See Note 16 for additional informat
ion.\par\pard\plain\intbl\sb198\cf1\f51\fs16\ql The amended guidance on ASC 860
changed existing derecognition criteria in a manner that significantly\plain\int
bl\cf1\f51\fs16\ql narrows the types of transactions that will qualify as sales
. The revised criteria apply to transfers of financial\plain\intbl\cf1\f51\fs16\
ql assets occurring after December 31, 2009.\cell{
x10759\trrh4975\row}}}
cellx10759\trrh3371
\pard\plain\intbl\cf1\f51\fs16\ql Interim Period Presentation Policy\cell\pard\p
lain\intbl\sb286\cf1\f51\fs16\ql Interim Period Presentation\par\pard\plain\intb
l\sb88\cf1\f51\fs16\ql The condensed, consolidated financial statements and note
s thereto are unaudited. These statements include all\plain\intbl\cf1\f51\fs16\q
l adjustments (consisting of normal recurring accruals) that we considered nece
ssary to present a fair statement\plain\intbl\cf1\f51\fs16\ql of our results of
operations, financial position and cash flows. The results reported in these co
ndensed,\plain\intbl\cf1\f51\fs16\ql consolidated financial statements should n
ot be regarded as necessarily indicative of results that may be\plain\intbl\cf1\
f51\fs16\ql expected for the entire year. It is suggested that these condensed,
consolidated financial statements be read in\plain\intbl\cf1\f51\fs16\ql conju
nction with the financial statements and notes thereto included in our 2009 cons
olidated financial\plain\intbl\cf1\f51\fs16\ql statements. We label our quarter
ly information using a calendar convention, that is, first quarter is labeled as
\plain\intbl\cf1\f51\fs16\ql ending on March 31, second quarter as ending on Ju
ne 30, and third quarter as ending on September 30. It is\plain\intbl\cf1\f51\fs
16\ql our longstanding practice to establish interim quarterly closing dates us
ing a fiscal calendar, which requires\plain\intbl\cf1\f51\fs16\ql our businesse
s to close their books on either a Saturday or Sunday, depending on the business
. The effects of\plain\intbl\cf1\f51\fs16\ql this practice are modest and only
exist within a reporting year. The fiscal closing calendar from 1993 through\pla
in\intbl\cf1\f51\fs16\ql 2013 is available on our website, www.ge.com/secreport
s.\cell{
cellx10759\trrh3371\row}}}
\page\par\pard\plain\f0\fs16\pard\plain\cf1\f51\fs18\b\qc Summary of Operating S
egments (Tables){\*\bkmkstart c9f297259f4e4de8e61acc87a4fc7057}{\*\bkmkend c9f29
7259f4e4de8e61acc87a4fc7057}
\par\pard\plain
\pard\plain\intbl\cf8\f51\fs15\ql Summary of Operating Segments

\par\pard\plain\intbl\fs16\plain\intbl\cf8\f51\fs15\ql (Tables) (USD $)\~\cell\
pard\plain\intbl\cf8\f51\fs15\ql 6 Months Ended
x10759\trrh2063
\pard\plain\intbl\cf1\f51\fs16\ql Summary of operating segments\cell\pard\plain\
intbl\cf1\f51\fs16\b\ql Summary of Operating Segments\par\pard\plain\intbl\cf1\f
51\fs16\b\ql General Electric Company and consolidated affiliates
fs13\b\qc Three months ended\plain\intbl\cf1\f51\fs13\b\qc June 30
pard\plain\intbl\cf1\f51\fs13\b\qc Six months ended June\plain\intbl\cf1\f51\fs1
3\b\qc 30
ables \par }{

sttables \par }{
\pard\plain\intbl\li154\fi-154\cf1\f51\fs16\b\ql Revenues\itap2\nestcell{\nonest
}\pard\plain\intbl\f0\fs16\ql

Ge 20100802 10Q 20100630

Загружено:

Сведения о документе

Оригинальное название

Авторское право

Доступные форматы

Поделиться этим документом

Поделиться или встроить документ

Параметры публикации

Этот документ был вам полезен?

Это неприемлемый материал?

Авторское право:

Доступные форматы

Ge 20100802 10Q 20100630

Загружено:

Авторское право:

Доступные форматы

{\rtf1\deflang1033\deflangfe1033\margl720\margr720\margt360\margb360{\stylesheet

rs\brdrw5\brdrcf5 \trrh500 \clbrdrt\brdrs\brdrw5\brdrcf5 \clbrdrl\brdrs\brdrw5\b

in\intbl\cf1\f51\fs13\b\qc incorporation or organization)\cell\pard\plain\intbl\

\*\fldrslt\cf3\f51\fs16\ql Condensed Statement of Earnings}}\cell\pard\plain\int

\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{

bl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs

\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell

ain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pla

\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 3,775\cell\pard\plain\intbl\cf

tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 191\cell\pard\plain

\fs16\qr 174\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{

ell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\c

rd\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain

ard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\p

cf1\f51\fs13\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\

\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\f0\fs16\ql \~\

\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Basic earnings per share\cell\par

\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\i

\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\c

\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f

n\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\

\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\~\cell\p

plain\intbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pa

l \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cel

tbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 1,212\cell\pard\pla

\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell

\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell

ard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\p

d\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard

6\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell{

\pard\plain\intbl\li968\fi-176\cf1\f51\fs16\ql Diluted earnings per share\cell\p

21? and \u8220?Financial Services (GECS).\u8221? Transactions between GE\plain\c

13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f5

f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf

l\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\in

n\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\

ard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\p

\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\i

l\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 326,

1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl

\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell

cf1\f51\fs16\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\in

rd\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\

\pard\plain\intbl\li176\fi-176\cf1\f51\fs16\ql Less common stock held in treasur

pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\c

\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell

course to GE. These\plain\intbl\cf1\f51\fs16\ql liabilities include non-recours

\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\

51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1

s16\qr 1,149\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell{

1\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\

ain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\cell\par

ntbl\cf1\f51\fs16\ql )\~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plai

lain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard

intbl\cf1\f51\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs16\qr 16,669\cell\pard\

pard\plain\intbl\cf1\f51\fs13\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\~\c

plain\intbl\cf1\f51\fs13\ql \~\~\cell\pard\plain\intbl\cf1\f51\fs16\ql \~\cell\p

ard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\p

ard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\cell\p

ard\plain\intbl\cf1\f51\fs1\ql \~\cell\pard\plain\intbl\cf1\f51\fs1\ql \~\~\cell

intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0

~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\cf1\f51\fs13\ql \~\c

\pard\plain\intbl\f0\fs16\ql \~\cell\pard\plain\intbl\f0\fs16\ql \~\cell\pard\pl