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Financing Receivables and Allowance for Losses on Financing Receivables (Net Investment in Financing Leases) (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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| Financing Leases [Abstract] | ||
| Capital Leases, Future Minimum Payments Receivable | $ 26,701us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable | $ 29,970us-gaap_CapitalLeasesFutureMinimumPaymentsReceivable |
| Principal and interest on third-party nonrecourse debt | (2,812)gecc_CapitalLeasesNonrecourseDebtService | (3,480)gecc_CapitalLeasesNonrecourseDebtService |
| Net Rentals Receivable | 23,889gecc_NetRentalsReceivable | 26,490gecc_NetRentalsReceivable |
| Estimated unguaranteed residual value of leased assets | 4,268gecc_FinancingLeasesUnguaranteedResidualValueOfLeasedProperty | 5,073gecc_FinancingLeasesUnguaranteedResidualValueOfLeasedProperty |
| Deferred income | (3,678)gecc_FinancingLeasesDeferredIncome | (4,624)gecc_FinancingLeasesDeferredIncome |
| Loans and leases receivable, Gross | 24,479us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome | 26,939us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome |
| Allowance for losses | (181)gecc_FinancingLeasesAllowanceForLosses | (202)gecc_FinancingLeasesAllowanceForLosses |
| Deferred taxes | (4,046)gecc_FinancingLeasesDeferredTaxes | (4,075)gecc_FinancingLeasesDeferredTaxes |
| Net investment in financing leases | 20,252gecc_FinancingLeasesNetInvestmentInFinancingLeases | 22,662gecc_FinancingLeasesNetInvestmentInFinancingLeases |
| Direct Financing Leases [Abstract] | ||
| Total minimum lease payments receivables | 22,133us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived | 24,571us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived |
| Principal and interest on third-party nonrecourse debt | 0gecc_DirectFinancingLeasesNonRecourseDebtService | 0gecc_DirectFinancingLeasesNonRecourseDebtService |
| Net rentals receivable | 22,133gecc_FinancingLeasesDirectFinancingLeasesNetReceivables | 24,571gecc_FinancingLeasesDirectFinancingLeasesNetReceivables |
| Estimated unguaranteed residual value of leased assets | 2,529us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesUnguaranteedResidualValuesOfLeasedProperty | 3,067us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesUnguaranteedResidualValuesOfLeasedProperty |
| Deferred income | (2,759)us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome | (3,560)us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome |
| Investment in financing leases, net of deferred income | 21,903gecc_DirectFinancingLeasesDeferredIncome | 24,078gecc_DirectFinancingLeasesDeferredIncome |
| Allowance for losses | (166)us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesAllowanceForUncollectibleMinimumLeasePayments | (192)us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesAllowanceForUncollectibleMinimumLeasePayments |
| Deferred taxes | (2,250)gecc_DirectFinancingLeasesDeferredTaxes | (1,783)gecc_DirectFinancingLeasesDeferredTaxes |
| Net investment in financing leases | 19,487us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases | 22,103us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeases |
| Leveraged leases | ||
| Total minimum lease payments receivables | 4,568us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureRentalReceivablesGross | 5,399us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureRentalReceivablesGross |
| Principal and interest on third-party nonrecourse debt | (2,812)us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureNonrecourseDebtService | (3,480)us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureNonrecourseDebtService |
| Net rentals receivable | 1,756us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureRentalReceivablesNet | 1,919us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureRentalReceivablesNet |
| Estimated unguaranteed residual value of leased assets | 1,739us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureResidualValueOfLeasedAssets | 2,006us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureResidualValueOfLeasedAssets |
| Deferred income | (919)us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureDeferredIncome | (1,064)us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureDeferredIncome |
| Investment in financing leases, net of deferred income | 2,576gecc_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureNetOfDeferredIncome | 2,861gecc_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureNetOfDeferredIncome |
| Allowance for losses | (15)gecc_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureAllowanceForLosses | (10)gecc_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureAllowanceForLosses |
| Deferred taxes | (1,796)us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureDeferredTaxesArisingFromLeveragedLeases | (2,292)us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureDeferredTaxesArisingFromLeveragedLeases |
| Net investment in financing leases | 765us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureInvestmentInLeveragedLeasesNet | 559us-gaap_LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureInvestmentInLeveragedLeasesNet |
| Initial direct costs on direct financing leases | 284us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesInitialDirectCosts | 317us-gaap_CapitalLeasesNetInvestmentInDirectFinancingLeasesInitialDirectCosts |
| Pre-tax income | 112us-gaap_LeveragedLeasesIncomeStatementIncomeFromLeveragedLeases | 31us-gaap_LeveragedLeasesIncomeStatementIncomeFromLeveragedLeases |
| Income tax | $ 43us-gaap_LeveragedLeasesIncomeStatementIncomeTaxExpenseOnLeveragedLeases | $ 11us-gaap_LeveragedLeasesIncomeStatementIncomeTaxExpenseOnLeveragedLeases |
| X | ||||||||||
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- Definition
Amount of principal and interest on thrid party non-recourse debt that is subtracted from total minumum lease payments receivable to get to net rentals receivables. No definition available.
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- Details
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- Definition
The deferred income amount on direct financing leases. No definition available.
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- Definition
The deferred tax amount on direct financing leases that is subtracted from the balance to arrive at the net investment in financing leases. No definition available.
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- Definition
Principal and interest on third party non-recourse debt related to direct financing leases No definition available.
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- Details
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- Definition
The allowance for losses on financing leases that is subtracted from the balance to arrive at the net investment in financing leases. No definition available.
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- Definition
The deferred income amount on financing leases. No definition available.
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- Definition
The deferred tax amount on financing leases that is subtracted from the balance to arrive at the net investment in financing leases. No definition available.
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- Definition
The total minimum lease payments receivable on direct financing leases leass any principal and interest on third-party non-recourse debt. No definition available.
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- Definition
The total amount of investment in financing leases, including total minimum leaes payments receivable and estimated unguaranteed residual value of the leased assets, net of principal and interst on third-party non-recourse debt, deferred income, allowance for losses and deferred taxes. No definition available.
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- Definition
The unguaranteed estimated residual value of assets under financing leases. No definition available.
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- Definition
The allowance for losses on leveraged leases that is subtracted to arrive at net investment in financing leases. No definition available.
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- Definition
The invesment in leveraged leases net of the deferred income portion. No definition available.
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- Definition
Amount of payments to be received from the lessor in the next fiscal year following the latest fiscal year for financing leases No definition available.
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- Definition
Amount of minimum lease payments to be received by the lessor for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net investment in direct financing leases as of the balance sheet date consisting of: (a) minimum lease payments due on direct financing leases, (b) unguaranteed residual value, and (c) any unamortized initial direct costs; less: (i) executory costs, (ii) unearned income, and (iii) the accumulated allowance for uncollectible minimum lease payments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The estimate of contractual payments on direct financing leases that are probable of not being collected as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The remaining (unamortized) difference between the gross investment in a direct financing lease and the cost or carrying amount, if different, of the leased property as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Remaining unamortized costs as of the balance sheet date that were essential to acquiring the lease, and that would not otherwise have been incurred without the lease agreement, including evaluating the lessee's credit condition, guarantees, and collateral and costs incurred negotiating, processing, and closing the lease agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of remaining payments as of the balance sheet date that lessees are obligated to make or can be required to make under direct financing leases, including any guarantee of residual value and executory costs. The amount also includes any guaranteed rental payments by an unrelated third-party provided that are financially capable of making such payments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The estimate of the lease property's economic value at the end of the direct financing lease term excluding any amounts guaranteed by either the lessee or a third-party. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Pretax lease income allocated in proportionate amounts from unearned income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The tax effect from the current year income from arrangements meeting the criteria for classification as a leveraged lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The estimated portion of pretax income and investment tax credit remaining to be allocated to income over the lease term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Taxes arising from arrangements meeting the criteria for classification as leveraged leases due to timing differences between accounting and tax income recognition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net investment in arrangements meeting the criteria for classification as leveraged leases including deferred taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of rentals receivable applicable to principal and interest on the nonrecourse debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The gross rentals receivable equal to the future cash flows from the lessee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents leveraged lease rentals receivable, net of that portion of the rental applicable to principal and interest on the nonrecourse debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The estimate of the value of the leased asset at the end of the lease term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allowance and after deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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