v2.4.1.9
Supplemental Information About The Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables (Tables)
 12 Months Ended
Dec. 31, 2014
Credit Quality Financing Receivables [Abstract]  
Nonaccrual Financing Receivables
PAST DUE AND NONACCRUAL FINANCING RECEIVABLES
20142013
Over 30 daysOver 90 daysOver 30 daysOver 90 days
December 31 (In millions)past duepast dueNonaccrualpast duepast dueNonaccrual
Commercial
CLL
Americas$ 503 $ 284 $ 1,054 $ 755 $ 359 $ 1,275
International 1,483 749 946 1,490 820 1,459
Total CLL 1,986 1,033 2,000 2,245 1,179 2,734
Energy Financial Services - - 68 - - 4
GECAS - - 419 - - -
Other - - - - - 6
Total Commercial 1,986 1,033 2,487 (a) 2,245 1,179 2,744 (a)
Real Estate 242 183 1,254 (b) 247 212 2,551 (b)
Consumer
Non-U.S. residential mortgages 2,171 1,195 1,262 3,406 2,104 2,161
Non-U.S. installment and revolving credit 333 89 53 601 159 106
U.S. installment and revolving credit 2,492 1,147 2 2,442 1,105 2
Other 141 64 167 172 99 351
Total Consumer 5,137 2,495 (c) 1,484 (d) 6,621 3,467 (c) 2,620 (d)
Total$ 7,365 $ 3,711 $ 5,225 $ 9,113 $ 4,858 $ 7,915
Total as a percent of financing receivables 3.0 % 1.5 % 2.2 % 3.5 % 1.9 % 3.1 %

  • Included $1,549 million and $1,397 million at December 31, 2014 and 2013, respectively, that are currently paying in accordance with their contractual terms.
  • Included $1,018 million and $2,308 million at December 31, 2014 and 2013, respectively, that are currently paying in accordance with their contractual terms.
  • Included $1,231 million and $1,197 million of Consumer loans at December 31, 2014 and 2013, respectively, that are over 90 days past due and continue to accrue interest until the accounts are written off in the period that the account becomes 180 days past due.
  • Included $179 million and $324 million at December 31, 2014 and 2013, respectively, that are currently paying in accordance with their contractual terms.
Impaired Loans
IMPAIRED LOANS AND RELATED RESERVES
With no specific allowanceWith a specific allowance
RecordedUnpaidAverageRecordedUnpaidAverage
investmentprincipalinvestmentinvestmentprincipalAssociatedinvestment
December 31 (In millions)in loansbalancein loansin loansbalanceallowancein loans
2014
Commercial
CLL
Americas$ 1,352 $ 1,897 $ 1,626 $ 126 $ 160 $ 28 $ 254
International(a) 940 2,500 1,099 280 965 105 463
Total CLL 2,292 4,397 2,725 406 1,125 133 717
Energy Financial Services 53 54 26 15 15 12 24
GECAS 329 337 88 - - - 15
Other - - - - - - 1
Total Commercial(b) 2,674 4,788 2,839 421 1,140 145 757
Real Estate(c) 1,555 1,854 2,285 317 443 25 686
Consumer(d) 138 179 120 2,042 2,092 408 2,547
Total$ 4,367 $ 6,821 $ 5,244 $ 2,780 $ 3,675 $ 578 $ 3,990
2013
Commercial
CLL
Americas$ 1,670 $ 2,187 $ 2,154 $ 417 $ 505 $ 96 $ 509
International(a) 1,104 3,082 1,136 691 1,059 231 629
Total CLL 2,774 5,269 3,290 1,108 1,564 327 1,138
Energy Financial Services - - - 4 4 1 2
GECAS - - - - - - 1
Other 2 3 9 4 4 - 5
Total Commercial(b) 2,776 5,272 3,299 1,116 1,572 328 1,146
Real Estate(c) 2,615 3,036 3,058 1,245 1,507 74 1,688
Consumer(d) 109 153 98 2,879 2,948 567 3,058
Total$ 5,500 $ 8,461 $ 6,455 $ 5,240 $ 6,027 $ 969 $ 5,892

  • Write-offs to net realizable value are recognized against the allowance for losses primarily in the reporting period in which management has deemed all or a portion of the financing receivable to be uncollectible, but not later than 360 days after initial recognition of a specific reserve for a collateral dependent loan. However, in accordance with regulatory standards that are applicable in Italy, commercial loans are considered uncollectible when there is demonstrable evidence of the debtor’s insolvency, which may result in write-offs occurring beyond 360 days after initial recognition of a specific reserve.
  • We recognized $178 million and $218 million of interest income, including none and $60 million on a cash basis, at December 31, 2014 and 2013, respectively, principally in our CLL Americas business. The total average investment in impaired loans at December 31, 2014 and 2013 was $3,596 million and $4,445 million, respectively.
  • We recognized $56 million and $187 million of interest income, including none and $135 million on a cash basis, at December 31, 2014 and 2013, respectively. The total average investment in impaired loans at December 31, 2014 and 2013 was $2,971 million and $4,746 million, respectively.
  • We recognized $126 million and $221 million of interest income, including $5 million, and $3 million on a cash basis, at December 31, 2014 and 2013, respectively, principally in our Consumer-U.S. installment and revolving credit portfolios. The total average investment in impaired loans at December 31, 2014 and 2013 was $2,667 million and $3,156 million, respectively.
Financing Receivables And Allowance For Losses
December 31 (In millions)Non-impaired financing receivablesGeneral reservesImpaired loansSpecific reserves
2014
Commercial$ 118,381 $ 758 $ 3,095 $ 145
Real Estate 17,925 136 1,872 25
Consumer 98,640 3,603 2,180 408
Total$ 234,946 $ 4,497 $ 7,147 $ 578
2013
Commercial$125,377 $677 $3,892 $328
Real Estate16,039 118 3,860 74
Consumer106,051 3,414 2,988 567
Total$ 247,467 $ 4,209 $ 10,740 $ 969
Schedule Of Impaired Loan Balance Classified To Measure Impairment [Table Text Block]
IMPAIRED LOAN BALANCE CLASSIFIED BY THE METHOD USED TO MEASURE IMPAIRMENT
December 31 (In millions)20142013
Discounted cash flow$ 3,994 $5,558
Collateral value 3,153 5,182
Total$ 7,147 $ 10,740
Commercial Portfolio Segment [Member]  
Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]  
Credit Quality Indicators
COMMERCIAL FINANCING RECEIVABLES BY RISK CATEGORY
Secured
December 31 (In millions)ABCTotal
2014
CLL
Americas$ 63,754 $ 1,549 $ 1,443 $ 66,746
International 41,476 474 891 42,841
Total CLL 105,230 2,023 2,334 109,587
Energy Financial Services 2,479 60 16 2,555
GECAS 7,908 237 118 8,263
Other 130 - - 130
Total$ 115,747 $ 2,320 $ 2,468 $ 120,535
2013
CLL
Americas$ 65,545 $ 1,587 $ 1,554 $ 68,686
International 44,930 619 1,237 46,786
Total CLL 110,475 2,206 2,791 115,472
Energy Financial Services 2,969 9 - 2,978
GECAS 9,175 50 152 9,377
Other 318 - - 318
Total$ 122,937 $ 2,265 $ 2,943 $ 128,145
Commercial Real Estate Portfolio Segment [Member]  
Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]  
Credit Quality Indicators
Loan-to-value ratio
20142013
Less than80% toGreater thanLess than80% toGreater than
December 31 (In millions)80%95%95%80%95%95%
Debt$ 16,915 $ 1,175 $ 958 $ 15,576 $ 1,300 $ 2,111
Consumer Portfolio Segment [Member]  
Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]  
Credit Quality Indicators
Loan-to-value ratio
20142013
80% orGreater thanGreater than80% orGreater thanGreater than
December 31 (In millions)less80% to 90%90%less80% to 90%90%
Non-U.S. residential mortgages$ 13,964 $ 4,187 $ 6,742 $ 17,224 $ 5,130 $ 8,147

Refreshed FICO score
20142013
661 or601 to600 or661 or601 to600 or
December 31 (In millions)higher660lesshigher660less
U.S. installment and
   revolving credit$ 43,466 $ 11,865 $ 4,532 $ 40,079 $ 11,142 $ 4,633

Internal ratings translated to approximate credit bureau equivalent score
20142013
671 or626 to625 or671 or626 to625 or
December 31 (In millions)higher670lesshigher670less
Non-U.S. installment and
   revolving credit$ 6,599 $ 2,045 $ 1,756 $ 9,705 $ 3,228 $ 2,798