v2.4.1.9
Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2014
Assets and Liabilities of Businesses Held For Sale and Discontinued Operations [Abstract]  
Businesses held for sale
FINANCIAL INFORMATION FOR ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE
December 31 (In millions)2014  2013
 
Assets
Cash and equivalents$ 676   $ 5
Investment securities 448 7
Financing receivables – net  2,144     -
Goodwill 106 24
Intangible assets – net 13 2
Other  87     12
Assets of businesses held for sale$ 3,474   $ 50
       
Liabilities     
Bank deposits$ 1,931 $ -
Other 503 6
Liabilities of businesses held for sale$ 2,434 $ 6
Financial Information For Businesses Held For Sale [Line Items]  
Rollfoward of WMC's reserve and pending claims for WMC representation and warranty obligations
ROLLFORWARD OF THE RESERVE
December 31 (In millions)2014 2013
Balance, beginning of period$ 800 $ 633
Provision 365 354
Claim resolutions / rescissions (356) (187)
Balance, end of period$ 809 $ 800
Financial Information
FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS
(In millions)201420132012
Operations
Total revenues (loss)$ (268)$ 186 $ 190
Earnings (loss) from discontinued operations before income taxes$ (349)$ (484)$ (585)
Benefit (provision) for income taxes 227 211 198
Earnings (loss) from discontinued operations, net of taxes$ (122)$ (273)$ (387)
Disposal
Gain (loss) on disposal before income taxes$ 14 $ (2,027)$ (792)
Benefit (provision) for income taxes 1 246 49
Gain (loss) on disposal, net of taxes$ 15 $ (1,781)$ (743)
Earnings (loss) from discontinued operations, net of taxes$ (107)$ (2,054)$ (1,130)

December 31 (In millions)20142013
Assets
Cash and equivalents$ 133 $ 232
Financing receivables – net - 711
Other 1,092 1,387
Assets of discontinued operations$ 1,225 $ 2,330
Liabilities
Deferred income taxes$ 238 $ 250
Other 850 3,540
Liabilities of discontinued operations$ 1,088 $ 3,790

FINANCIAL INFORMATION FOR WMC
(In millions)201420132012
Total revenues (loss)$ (291) $ (346)$ (500)
Earnings (loss) from discontinued operations, net of taxes$ (199) $ (232)$ (337)

FINANCIAL INFORMATION FOR CONSUMER RUSSIA
(In millions)201420132012
Total revenues (loss)$ 24 $ 260 $ 276
Gain (loss) on disposal, net of taxes$ 4 $ (170)$ -
Earnings (loss) from discontinued operations, net of taxes$ (2) $ (193)$ 33

FINANCIAL INFORMATION FOR CLL TRAILER SERVICES
(In millions)201420132012
Total revenues (loss)$ 1 $ 271 $ 399
Gain (loss) on disposal, net of taxes$ 12 $ 18 $ -
Earnings (loss) from discontinued operations, net of taxes$ 37 $ (2)$ 22
GE Money Japan [Member]  
Financial Information For Businesses Held For Sale [Line Items]  
Financial Information
FINANCIAL INFORMATION FOR GE MONEY JAPAN
(In millions)201420132012
Earnings (loss) from discontinued operations, net of taxes$ 59 $ (1,636)$ (649)
Consumer Ireland [Member]  
Financial Information For Businesses Held For Sale [Line Items]  
Financial Information
FINANCIAL INFORMATION FOR CONSUMER IRELAND
(In millions)201420132012
Total revenues (loss)$ - $ - $ 7
Gain (loss) on disposal, net of taxes$ 1 $ 6 $ (121)
Earnings (loss) from discontinued operations, net of taxes$ 1 $ 6 $ (195)