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2.4.0.8100700 - Disclosure - Income Taxestruefalsefalse1false falsefalseFROM_Jan01_2013_TO_Jun30_2013http://www.sec.gov/CIK0000040554duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_IncomeTaxDisclosureAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Income Tax Disclosure [Abstract]2false 2us-gaap_IncomeTaxDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse007. INCOME TAXESThe balance of “unrecognized tax benefits,” the amount of related interest and penalties we have provided and what we believe to be the range of reasonably possible changes in the next 12 months are:<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 12px"><td style="width: 528px; text-align:center;border-color:#000000;min-width:528px;"> </td><td colspan="2" style="width: 65px; text-align:right;border-color:#000000;min-width:65px;">June 30,</td><td style="width: 19px; text-align:center;border-color:#000000;min-width:19px;"> </td><td colspan="2" style="width: 65px; text-align:right;border-color:#000000;min-width:65px;">December 31,</td></tr><tr style="height: 12px"><td style="width: 528px; text-align:left;border-color:#000000;min-width:528px;">(In millions)</td><td colspan="2" style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;">2013</td><td style="width: 19px; text-align:center;border-color:#000000;min-width:19px;"> </td><td colspan="2" style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;">2012</td></tr><tr style="height: 12px"><td style="width: 528px; text-align:left;border-color:#000000;min-width:528px;"> </td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:57px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:57px;"> </td></tr><tr style="height: 12px"><td style="width: 528px; text-align:left;border-color:#000000;min-width:528px;">Unrecognized tax benefits</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;">$</td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">3,379</td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;">$</td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">3,106</td></tr><tr style="height: 12px"><td style="width: 528px; text-align:left;border-color:#000000;min-width:528px;">      Portion that, if recognized, would reduce tax expense and effective tax rate(a)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">2,530</td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">2,253</td></tr><tr style="height: 12px"><td style="width: 528px; text-align:left;border-color:#000000;min-width:528px;">Accrued interest on unrecognized tax benefits</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">580</td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">559</td></tr><tr style="height: 12px"><td style="width: 528px; text-align:left;border-color:#000000;min-width:528px;">Accrued penalties on unrecognized tax benefits</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">94</td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">101</td></tr><tr style="height: 12px"><td style="width: 528px; text-align:left;border-color:#000000;min-width:528px;">Reasonably possible reduction to the balance of unrecognized</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:left;border-color:#000000;min-width:57px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:left;border-color:#000000;min-width:57px;"> </td></tr><tr style="height: 12px"><td style="width: 528px; text-align:left;border-color:#000000;min-width:528px;">    tax benefits in succeeding 12 months</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">0-600</td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">0-400</td></tr><tr style="height: 12px"><td style="width: 528px; text-align:left;border-color:#000000;min-width:528px;">      Portion that, if recognized, would reduce tax expense and effective tax rate(a)</td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">0-450</td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; text-align:right;border-color:#000000;min-width:57px;">0-350</td></tr><tr style="height: 12px"><td style="width: 528px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:528px;"> </td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:57px;"> </td><td style="width: 19px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:57px;"> </td></tr><tr style="height: 12px"><td style="width: 528px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:528px;"> </td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:57px;"> </td><td style="width: 19px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 57px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:57px;"> </td></tr></table></div><ul><li style="margin-left:45px;list-style:lower-alpha;">Some portion of such reduction may be reported as discontinued operations.</li></ul>The Internal Revenue Service (IRS) is currently auditing the GE consolidated income tax returns for 2008-2009, a substantial portion of which include our activities. In addition, certain other U.S. tax deficiency issues and refund claims for previous years were unresolved. The IRS has disallowed the tax loss on our 2003 disposition of ERC Life Reinsurance Corporation. We expect to contest the disallowance of this loss. It is reasonably possible that other unresolved items related to pre-2010 federal tax returns could be resolved during the next 12 months, which could result in a decrease in our balance of “unrecognized tax benefits” – that is, the aggregate tax effect of differences between tax return positions and the benefits recognized in our financial statements. We believe that there are no other jurisdictions in which the outcome of unresolved issues or claims is likely to be material to our results of operations, financial position or cash flows. We further believe that we have made adequate provision for all income tax uncertainties. GE and GECC file a consolidated U.S. federal income tax return. This enables GE to use GECC tax deductions and credits to reduce the tax that otherwise would have been payable by GE. The GECC effective tax rate for each period reflects the benefit of these tax reductions in the consolidated return. GE makes cash payments to GECC for these tax reductions at the time GE's tax payments are due. The effect of GECC on the amount of the consolidated tax liability from the 2011 formation of the GE NBC Universal joint venture will be settled in cash no later than when GECC tax deductions and credits otherwise would have reduced the liability of the group absent the tax on formation.falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 136, 172 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 43, 44, 45, 46, 47, 48, 49 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. false0Income TaxesfalseIncome TaxesUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.gecc.com/role/IncomeTaxes12