2.4.0.8200100 - Disclosure - Summary of Significant Accounting Policies (Policy)truefalsefalse1false falsefalseFROM_Jan01_2013_TO_Jun30_2013http://www.sec.gov/CIK0000040554duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_AccountingPoliciesAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false 2us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<p style='margin-top:0pt; margin-bottom:8pt'><font style="font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0px;">1. </font><font style="font-family:Arial;font-size:9pt;font-weight:bold;">BASIS OF PRESENTATION AND </font><font style="font-family:Arial;font-size:9pt;font-weight:bold;">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:9pt;margin-left:0px;">General Electric </font><font style="font-family:Arial;font-size:9pt;">Company</font><font style="font-family:Arial;font-size:9pt;"> (GE</font><font style="font-family:Arial;font-size:9pt;"> Company or GE</font><font style="font-family:Arial;font-size:9pt;">) owns all of the common stock of General Electric Capital Corporation (GECC). Our financial statements consolidate all of our affiliates &#8211; companies that we control and in which we hold a majority voting interest. We also consolidate the economic interests we hold in certain businesses within companies in which we hold a voting equity interest and are majority owned by our parent, but which we have agreed to actively manage and control. See Note 1 to the consolidated financial statements in our Annual Report on Form 10-K for the </font><font style="font-family:Arial;font-size:9pt;">fiscal </font><font style="font-family:Arial;font-size:9pt;">year ended </font><font style="font-family:Arial;font-size:9pt;">December 31, 2012</font><font style="font-family:Arial;font-size:9pt;"> (</font><font style="font-family:Arial;font-size:9pt;">2012</font><font style="font-family:Arial;font-size:9pt;"> consolidated financial statements), which discusses our consolidation and financial statement presentation. GEC</font><font style="font-family:Arial;font-size:9pt;">C</font><font style="font-family:Arial;font-size:9pt;"> includes Commercial Lending and Leasing (CLL), Consumer, Real Estate, Energy Financial Services and GE Capital Aviation Services (GECAS). </font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:9pt;margin-left:0px;">Effects of transactions between related companies are made on an arms-length basis and are eliminated. As a wholly-owned subsidiary, </font><font style="font-family:Arial;font-size:9pt;">GEC</font><font style="font-family:Arial;font-size:9pt;">C</font><font style="font-family:Arial;font-size:9pt;"> enters into various operating and financing arrangements with </font><font style="font-family:Arial;font-size:9pt;">its parent, </font><font style="font-family:Arial;font-size:9pt;">GE. </font><font style="font-family:Arial;font-size:9pt;">These arrangements</font><font style="font-family:Arial;font-size:9pt;"> ar</font><font style="font-family:Arial;font-size:9pt;">e made on an arms-length basis </font><font style="font-family:Arial;font-size:9pt;">and consist primarily </font><font style="font-family:Arial;font-size:9pt;">of GECC dividends to GE</font><font style="font-family:Arial;font-size:9pt;">; GE customer receivables sold to GEC</font><font style="font-family:Arial;font-size:9pt;">C</font><font style="font-family:Arial;font-size:9pt;">; GEC</font><font style="font-family:Arial;font-size:9pt;">C</font><font style="font-family:Arial;font-size:9pt;"> services for trade receivables management and material procurement; buildings and equipment (including automobiles) leased between GE and GEC</font><font style="font-family:Arial;font-size:9pt;">C</font><font style="font-family:Arial;font-size:9pt;">; information technology (IT) and other services sold to GEC</font><font style="font-family:Arial;font-size:9pt;">C</font><font style="font-family:Arial;font-size:9pt;"> by GE; aircraft engines manufactured by GE that are installed on aircraft purchased by GEC</font><font style="font-family:Arial;font-size:9pt;">C</font><font style="font-family:Arial;font-size:9pt;"> from third-party producers for lease to others; and various investments, loans and allocations </font><font style="font-family:Arial;font-size:9pt;">of GE corporate costs.</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:9pt;margin-left:0px;">We have reclassified certain prior-period amounts to conform to the current-period presentation. Unless otherwise indicated, information in these notes to the condensed, consolidated financial statements relates to continuing operations. </font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for the basis of presentation and significant accounting policies concepts. Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS). Accounting policies describe all significant accounting policies of the reporting entity.No definition available.false03false 2us-gaap_AccountingChangesAndErrorCorrectionsTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<p style='margin-top:0pt; margin-bottom:6pt'><font style="font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0px;">Accounting Changes</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:9pt;margin-left:0px;">On </font><font style="font-family:Arial;font-size:9pt;">January 1, 2012, we adopted </font><font style="font-family:Arial;font-size:9pt;">Financial Account</font><font style="font-family:Arial;font-size:9pt;">ing</font><font style="font-family:Arial;font-size:9pt;"> Standards Board (</font><font style="font-family:Arial;font-size:9pt;">FASB</font><font style="font-family:Arial;font-size:9pt;">)</font><font style="font-family:Arial;font-size:9pt;"> Accounting Standards Update (ASU) 2011-05, an amendment to </font><font style="font-family:Arial;font-size:9pt;">Accounting Standards Codification (</font><font style="font-family:Arial;font-size:9pt;">ASC</font><font style="font-family:Arial;font-size:9pt;">)</font><font style="font-family:Arial;font-size:9pt;"> 220, </font><font style="font-family:Arial;font-size:9pt;font-style:italic;">Comprehensive Income</font><font style="font-family:Arial;font-size:9pt;">. ASU 2011-05 introduced a new statement, the Consolidated Statement of Comprehensive Income. The amendments affect only the display of those components of equity categorized as other comprehensive income and do not change existing recognition and measurement requirements that determine net earnings.</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:9pt;margin-left:0px;">On January 1, 2012, we adopted FASB ASU 2011-04, an amendment to ASC 820, </font><font style="font-family:Arial;font-size:9pt;font-style:italic;">Fair Value Measurements. </font><font style="font-family:Arial;font-size:9pt;">ASU 2011-04 clarifies or changes the application of existing fair value measurements, including: that the highest and best use valuation premise in a fair value measurement is relevant only when measuring the fair value of nonfinancial assets; that a reporting entity should measure the fair value of its own equity instrument from the perspective of a market participant that holds that instrument as an asset; to permit an entity to measure the fair value of certain financial instruments on a net basis rather than based on its gross exposure when the reporting entity manages its financial instruments on the basis of such net exposure; that in the absence of a Level 1 input, a reporting entity should apply premiums and discounts when market participants would do so when pricing the asset or liability consistent with the unit of account; and that premiums and discounts related to size as a characteristic of the reporting entity's holding are not permitted in a fair value measurement. Adopting these amendments had no effect on the financial statements. For a description of how we estimate fair value and our process for reviewing fair value measurements classified as Level 3 in the fair value hierarchy, see Note 1 in our 2012 consolidated financial statements. </font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:9pt;margin-left:0px;">See Note </font><font style="font-family:Arial;font-size:9pt;">1</font><font style="font-family:Arial;font-size:9pt;"> </font><font style="font-family:Arial;font-size:9pt;">in our </font><font style="font-family:Arial;font-size:9pt;">2012</font><font style="font-family:Arial;font-size:9pt;"> </font><font style="font-family:Arial;font-size:9pt;">consolidated financial statements for a summary of our si</font><font style="font-family:Arial;font-size:9pt;">gnificant accounting policies.</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22644-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=6368906&loc=d3e21914-107793 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22595-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 1.N.Q3) -URI http://asc.fasb.org/extlink&oid=6369664&loc=d3e30840-122693 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 1 -Section N Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 154 -Paragraph 17, 22, 25, 26 -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. false04false 2gecc_InterimPeriodPresentationPolicyTextBlockgecc_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<p style='margin-top:0pt; margin-bottom:6pt'><font style="font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0px;">Interim Period Presentation</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:9pt;margin-left:0px;">The condensed, consolidated financial statements and notes thereto are unaudited. These statements include all adjustments (consisting of normal recurring accruals) that we considered necessary to present a fair statement of our results of operations, financial position and cash flows. The results reported in these condensed, consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. It is suggested that these condensed, consolidated financial statements be read in conjunction with the financial statements and notes thereto included in our 2012 consolidated financial statements. We label our quarterly information using a calendar convention, that is, first quarter is labeled as ending on March 31, second quarter as ending on June 30, and third quarter as ending on September 30. It is our longstanding practice to establish interim quarterly closing dates using a fiscal calendar, which requires our businesses to close their books on either a Saturday or Sunday, depending on the business. The effects of this practice are modest and only exist within a reporting year. The fiscal closing calendar </font><font style="font-family:Arial;font-size:9pt;">for</font><font style="font-family:Arial;font-size:9pt;"> 2013 is available on our website, </font><font style="font-family:Arial;font-size:9pt;">www.ge.com/secreports</font><font style="font-family:Arial;font-size:9pt;">.</font></p>falsefalsefalsenonnum:textBlockItemTypenaInterim Period Presentation Policy Text BlockNo definition available.false0falseSummary of Significant Accounting Policies (Policy)UnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.gecc.com/role/DisclosureSummaryOfSignificantAccountingPoliciesPolicy14