	Depreciable
	lives-new			Original Cost				Net Carrying Value(b)
December 31 (Dollars in millions)	(in years)				2014		2013		2014		2013

Land and improvements, buildings, structures and related equipment		1-35	(a)	$	2,233	$	2,504	$	952	$	1,025
Equipment leased to others
Aircraft(c)		20			49,280		50,337		32,795		34,938
Vehicles		1-20			14,251		14,656		8,144		8,312
Railroad rolling stock		4-50			4,379		4,636		2,998		3,129
Construction and manufacturing		1-20			3,411		2,916		2,321		1,955
All other		6-25			3,678		3,518		2,360		2,248
Total				$	77,232	$	78,567	$	49,570	$	51,607

(a) Depreciable lives exclude land.

(b) Included $1,845 million and $1,353 million of original cost of assets leased to GE with accumulated amortization of $560 million and $342 million at December 31, 2014 and 2013, respectively.

(c) GECAS recognized impairment losses of $445 million and $732 million in 2014 and 2013, respectively. These losses are recorded in the caption “Depreciation and amortization” in the Statement of Earnings to reflect adjustments to fair value based on an evaluation of average current market values (obtained from third parties) of similar type and age aircraft, which are adjusted for the attributes of the specific aircraft under lease.