|   |      |   |
|--------|-----------|--------|
|   | FORM 10-Q |   |

|  (Mark One)                                                                              |                                                                                    |   |   |   |
|-----------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------|--------|--------|--------|
| þ                                                                                        | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF                                     |
|                                                                                          | THE SECURITIES EXCHANGE ACT OF 1934                                                     |
|                                                                                          |
| For the quarterly period ended March 31, 2011                                                 |
| OR                                                                                            |
| ¨                                                                                        | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934 |
|                                                                                          |
| For the transition period from ___________to ___________                                      |
| _____________________________Commission file number 0-14804_____________________________      |
|                                                                                          |
| GENERAL ELECTRIC CAPITAL SERVICES, INC.(Exact name of registrant as specified in its charter) |

| Delaware                                                       |   | 06-1109503                           |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |
|                                                           |   |                                 |
| 3135 Easton Turnpike, Fairfield, Connecticut                   |   | 06828-0001                           |
| (Address of principal executive offices)                       |   | (Zip Code)                           |

| Large accelerated filer ¨  | Accelerated filer ¨ | Non-accelerated filer þ | Smaller reporting company ¨ |
|--------------------------------------|--------------------------|------------------------------|----------------------------------|

----

| Part I – Financial Information |                                                                                        | Page   |
|--------------------------------------|---------------------------------------------------------------------------------------------|--------|
|                                 |                                                                                        |   |   |
| Item 1.                              | Financial Statements                                                                        |   |   |
|                                 | Condensed Statement of Current and Retained Earnings                                        |   | 3 |
|                                 | Condensed Statement of Financial Position                                                   |   | 4 |
|                                 | Condensed Statement of Cash Flows                                                           |   | 5 |
|                                 | Summary of Operating Segments                                                               |   | 6 |
|                                 | Notes to Condensed, Consolidated Financial Statements (Unaudited)                           |   | 7 |
| Item 2.                              | Management’s Discussion and Analysis of Financial Condition and Results of Operations |   | 43 |
| Item 3.                              | Quantitative and Qualitative Disclosures About Market Risk                                  |   | 64 |
| Item 4.                              | Controls and Procedures                                                                     |   | 65 |
|                                 |                                                                                        |   |   |
| Part II – Other Information    |                                                                                        |   |
|                                 |                                                                                        |   |   |
| Item 1.                              | Legal Proceedings                                                                           |   | 65 |
| Item 6.                              | Exhibits                                                                                    |   | 65 |
| Signatures                           |                                                                                        | 66     |
|                                 |                                                                                        |   |

----

|                                                                                               | Three months ended March 31, |
|----------------------------------------------------------------------------------------------------|------------------------------|
| (In millions)                                                                                      |                         | 2011  |   |   | 2010  |
|                                                                                               |                         |   |   |   |   |
| Revenues                                                                                           |                         |   |   |   |   |
| Revenues from services (a)                                                                         | $                            |  13,176  |   | $ |  12,568  |
| Other-than-temporary impairment on investment securities:                                          |                         |   |   |   |   |
|    Total other-than-temporary impairment on investment securities                   |                         |  (71) |   |   |  (158) |
|       Less: Portion of other-than-temporary impairment recognized in |                         |   |   |   |   |
|          accumulated other comprehensive income       |                         |  7  |   |   |  79  |
|    Net other-than-temporary impairment on investment securities                     |                         |   |   |   |   |
|       recognized in earnings                                         |                         |  (64) |   |   |  (79) |
| Revenues from services (Note 9)                                                                    |                         |  13,112  |   |   |  12,489  |
| Sales of goods                                                                                     |                         |  42  |   |   |  281  |
|    Total revenues                                                                   |                         |  13,154  |   |   |  12,770  |
|                                                                                               |                         |   |   |   |   |
| Costs and expenses                                                                                 |                         |   |   |   |   |
| Interest                                                                                           |                         |  3,667  |   |   |  3,800  |
| Operating and administrative                                                                       |                         |  3,488  |   |   |  3,651  |
| Cost of goods sold                                                                                 |                         |  40  |   |   |  265  |
| Investment contracts, insurance losses and insurance annuity benefits                              |                         |  769  |   |   |  787  |
| Provision for losses on financing receivables                                                      |                         |  1,163  |   |   |  2,187  |
| Depreciation and amortization                                                                      |                         |  1,776  |   |   |  1,915  |
|    Total costs and expenses                                                         |                         |  10,903  |   |   |  12,605  |
|                                                                                               |                         |   |   |   |   |
| Earnings from continuing operations before income taxes                                            |                         |  2,251  |   |   |  165  |
| Benefit (provision) for income taxes                                                               |                         |  (414) |   |   |  345  |
|                                                                                               |                         |   |   |   |   |
| Earnings from continuing operations                                                                |                         |  1,837  |   |   |  510  |
| Earnings (loss) from discontinued operations, net of taxes (Note 2)                                |                         |  19  |   |   |  (363) |
| Net earnings                                                                                       |                         |  1,856  |   |   |  147  |
| Less net earnings (loss) attributable to noncontrolling interests                                  |                         |  31  |   |   |  (5) |
| Net earnings attributable to GECS                                                                  |                         |  1,825  |   |   |  152  |
| Dividends                                                                                          |                         |  –   |   |   |  (1) |
| Retained earnings at beginning of period                                                           |                         |  45,068  |   |   |  42,855  |
| Retained earnings at end of period                                                                 | $                            |  46,893  |   | $ |  43,006  |
|                                                                                               |                         |   |   |   |   |
| Amounts attributable to GECS                                                                       |                         |   |   |   |   |
| Earnings from continuing operations                                                                | $                            |  1,806  |   | $ |  515  |
| Earnings (loss) from discontinued operations, net of taxes                                         |                         |  19  |   |   |  (363) |
| Net earnings attributable to GECS                                                                  | $                            |  1,825  |   | $ |  152  |
|                                                                                               |                         |   |   |   |   |
|                                                                                               |                         |   |   |   |   |

| (a)   | Excluding net other-than-temporary impairment on investment securities. |
|-----------------|-------------------------------------------------------------------------|

----

|                                                                       | March 31,   |                | December 31, |
|----------------------------------------------------------------------------|-------------|---------------------|--------------|
| (In millions)                                                              | 2011   |                | 2010    |
|                                                                       | (Unaudited) |                |         |
| Assets                                                                     |        |                |         |   |   |
| Cash and equivalents                                                       | $           |  67,256   |         | $ |  60,263  |
| Investment securities (Note 3)                                             |        |  44,872   |         |   |  43,921  |
| Inventories                                                                |        |  63       |         |   |  66  |
| Financing receivables – net (Notes 4 and 12)                         |        |  308,352  |         |   |  317,734  |
| Other receivables                                                          |        |  14,004   |         |   |  14,310  |
| Property, plant and equipment, less accumulated amortization of $25,148    |        |                |         |   |   |
|    and $25,411                                              |        |  54,306   |         |   |  53,768  |
| Goodwill (Note 5)                                                          |        |  27,759   |         |   |  27,508  |
| Other intangible assets – net (Note 5)                               |        |  1,883    |         |   |  1,884  |
| Other assets                                                               |        |  72,470   |         |   |  79,240  |
| Assets of businesses held for sale (Note 2)                                |        |  1,587    |         |   |  3,127  |
| Assets of discontinued operations (Note 2)                                 |        |  5,104    |         |   |  6,862  |
| Total assets(a)                                                            | $           |  597,656  |         | $ |  608,683  |
|                                                                       |        |                |         |   |   |
| Liabilities and equity                                                     |        |                |         |   |   |
| Short-term borrowings (Note 6)                                             | $           |  110,603  |         | $ |  118,797  |
| Accounts payable                                                           |        |  8,372    |         |   |  7,035  |
| Non-recourse borrowings of consolidated securitization entities (Note 6)   |        |  29,300   |         |   |  30,060  |
| Bank deposits (Note 6)                                                     |        |  39,397   |         |   |  37,298  |
| Long-term borrowings (Note 6)                                              |        |  278,792  |         |   |  284,407  |
| Investment contracts, insurance liabilities and insurance annuity benefits |        |  30,363   |         |   |  29,993  |
| Other liabilities                                                          |        |  20,068   |         |   |  21,122  |
| Deferred income taxes                                                      |        |  4,986    |         |   |  7,082  |
| Liabilities of businesses held for sale (Note 2)                           |        |  550      |         |   |  592  |
| Liabilities of discontinued operations (Note 2)                            |        |  1,943    |         |   |  2,149  |
| Total liabilities(a)                                                       |        |  524,374  |         |   |  538,535  |
|                                                                       |        |                |         |   |   |
| Capital stock                                                              |        |  11       |         |   |  11  |
| Accumulated other comprehensive income – net(b)                      |        |                |         |   |   |
|    Investment securities                                    |        |  (827)         |         |   |  (639) |
|    Currency translation adjustments                         |        |  142      |         |   |  (1,411) |
|    Cash flow hedges                                         |        |  (1,351)       |         |   |  (1,281) |
|    Benefit plans                                            |        |  (381)         |         |   |  (380) |
| Additional paid-in capital                                                 |        |  27,617   |         |   |  27,616  |
| Retained earnings                                                          |        |  46,893   |         |   |  45,068  |
| Total GECS shareowner's equity                                             |        |  72,104   |         |   |  68,984  |
| Noncontrolling interests(c)                                                |        |  1,178    |         |   |  1,164  |
| Total equity                                                               |        |  73,282   |         |   |  70,148  |
| Total liabilities and equity                                               | $           |  597,656  |         | $ |  608,683  |
|                                                                       |        |                |         |   |   |
|                                                                       |        |                |         |   |   |

|   | (a) | Our consolidated assets at March 31, 2011 include total assets of $44,910 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $35,860 million and investment securities of $6,351 million. Our consolidated liabilities at March 31, 2011 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GECS. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $28,752 million. See Note 13. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | The sum of accumulated other comprehensive income − net was $(2,417) million and $(3,711) million at March 31, 2011 and December 31, 2010, respectively. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | Included accumulated other comprehensive income − net attributable to noncontrolling interests of $(129) million and $(127) million at March 31, 2011 and December 31, 2010, respectively. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                                               | Three months ended March 31, |
|----------------------------------------------------------------------------------------------------|------------------------------|
| (In millions)                                                                                      | 2011                    |   | 2010  |
|                                                                                               |                         |   |   |   |   |
| Cash flows – operating activities                                                            |                         |   |   |   |   |
| Net earnings                                                                                       | $                            |  1,856  |   | $ |  147  |
| Less net earnings attributable to noncontrolling interests                                         |                         |  31  |   |   | (5) |
| Net earnings attributable to GECS                                                                  |                         |  1,825  |   |   |  152  |
| (Earnings) loss from discontinued operations                                                       |                         |  (19) |   |   |  363  |
| Adjustments to reconcile net earnings attributable to GECS                                         |                         |   |   |   |   |
|    to cash provided from operating activities                                       |                         |   |   |   |   |
|       Depreciation and amortization of property, plant and equipment |                         |  1,776  |   |   |  1,915  |
|       Increase (decrease) in accounts payable                        |                         |  1,329  |   |   |  309  |
|       Provision for losses on financing receivables                       |                         |  1,163  |   |   |  2,187  |
|       All other operating activities                                 |                         |  (1,171) |   |   |  (960) |
| Cash from (used for) operating activities – continuing operations                            |                         |  4,903  |   |   |  3,966  |
| Cash from (used for) operating activities – discontinued operations                          |                         |  119  |   |   |  120  |
| Cash from (used for) operating activities                                                          |                         |  5,022  |   |   |  4,086  |
|                                                                                               |                         |   |   |   |   |
| Cash flows – investing activities                                                            |                         |   |   |   |   |
| Additions to property, plant and equipment                                                         |                         |  (2,292) |   |   |  (831) |
| Dispositions of property, plant and equipment                                                      |                         |  1,773  |   |   |  1,588  |
| Increase in loans to customers                                                                     |                         |  (71,901) |   |   |  (73,331) |
| Principal collections from customers – loans                                                 |                         |  79,772  |   |   |  79,484  |
| Investment in equipment for financing leases                                                       |                         |  (1,912) |   |   |  (2,092) |
| Principal collections from customers – financing leases                                      |                         |  3,833  |   |   |  4,462  |
| Net change in credit card receivables                                                              |                         |  2,514  |   |   |  2,612  |
| Proceeds from sale of discontinued operations                                                      |                         |  1,775  |   |   |  –   |
| Proceeds from principal business dispositions                                                      |                         |  1,378  |   |   |  –   |
| Payments for principal businesses purchased                                                        |                         |  (85) |   |   |  –   |
| All other investing activities                                                                     |                         |  3,691  |   |   |  6,580  |
| Cash from (used for) investing activities – continuing operations                            |                         |  18,546  |   |   |  18,472  |
| Cash from (used for) investing activities – discontinued operations                          |                         |  (105) |   |   |  (202) |
| Cash from (used for) investing activities                                                          |                         |  18,441  |   |   |  18,270  |
|                                                                                               |                         |   |   |   |   |
| Cash flows – financing activities                                                            |                         |   |   |   |   |
| Net increase (decrease) in borrowings (maturities of 90 days or less)                              |                         |  (2,062) |   |   |  (1,573) |
| Net increase (decrease) in bank deposits                                                           |                         |  1,233  |   |   |  (613) |
| Newly issued debt (maturities longer than 90 days)                                                 |                         |   |   |   |   |
|    Short-term (91 to 365 days)                                                      |                         |  10  |   |   |  4,908  |
|    Long-term (longer than one year)                                                 |                         |  15,498  |   |   |  10,930  |
|    Non-recourse, leveraged lease                                                    |                         |  –   |   |   |  –   |
| Repayments and other debt reductions (maturities longer than 90 days)                              |                         |   |   |   |   |
|    Short-term (91 to 365 days)                                                      |                         |  (31,011) |   |   |  (38,685) |
|    Long-term (longer than one year)                                                 |                         |  (199) |   |   |  (423) |
|    Non-recourse, leveraged lease                                                    |                         |  (423) |   |   |  (351) |
| Dividends paid to shareowner                                                                       |                         |  –   |   |   |  –   |
| All other financing activities                                                                     |                         |  (306) |   |   |  (391) |
| Cash from (used for) financing activities – continuing operations                            |                         |  (17,260) |   |   |  (26,198) |
| Cash from (used for) financing activities – discontinued operations                          |                         |  –   |   |   |  (38) |
| Cash from (used for) financing activities                                                          |                         |  (17,260) |   |   |  (26,236) |
|                                                                                               |                         |   |   |   |   |
| Effect of currency exchange rate changes on cash and equivalents                                   |                         |  804  |   |   |  (497) |
|                                                                                               |                         |   |   |   |   |
| Increase (decrease) in cash and equivalents                                                        |                         |  7,007  |   |   |  (4,377) |
| Cash and equivalents at beginning of year                                                          |                         |  60,398  |   |   |  64,539  |
| Cash and equivalents at March 31                                                                   |                         |  67,405  |   |   |  60,162  |
| Less cash and equivalents of discontinued operations at March 31                                   |                         |  149  |   |   |  1,843  |
| Cash and equivalents of continuing operations at March 31                                          | $                            |  67,256  |   | $ |  58,319  |
|                                                                                               |                         |   |   |   |   |
|                                                                                               |                         |   |   |   |   |

----

|                                                                   | Three months ended March 31, |
|------------------------------------------------------------------------|------------------------------|
|                                                                   | (Unaudited)                  |
| (In millions)                                                          | 2011                    |   | 2010  |
|                                                                   |                         |   |   |   |   |
| Revenues                                                               |                         |   |   |   |   |
| CLL                                                                    | $                            | 4,608  |   | $ | 4,594  |
| Consumer                                                               |                         | 4,941  |   |   | 4,564  |
| Real Estate                                                            |                         | 907  |   |   | 944  |
| Energy Financial Services                                              |                         | 345  |   |   | 791  |
| GECAS                                                                  |                         | 1,325  |   |   | 1,239  |
|       Total segment revenues             |                         | 12,126  |   |   | 12,132  |
| GECS corporate items and eliminations                                  |                         | 1,028  |   |   | 638  |
| Total revenues in GECS                                                 | $                            | 13,154  |   | $ | 12,770  |
|                                                                   |                         |   |   |   |   |
| Segment profit                                                         |                         |   |   |   |   |
| CLL                                                                    | $                            | 554  |   | $ | 232  |
| Consumer                                                               |                         | 1,257  |   |   | 569  |
| Real Estate                                                            |                         | (358) |   |   | (403) |
| Energy Financial Services                                              |                         | 112  |   |   | 153  |
| GECAS                                                                  |                         | 306  |   |   | 317  |
|       Total segment profit               |                         | 1,871  |   |   | 868  |
| GECS corporate items and eliminations                                  |                         | (65) |   |   | (353) |
| Earnings from continuing operations                                    |                         |   |   |   |   |
|       attributable to GECS               |                         | 1,806  |   |   | 515  |
| Earnings (loss) from discontinued operations,                          |                         |   |   |   |   |
|       net of taxes, attributable to GECS |                         | 19  |   |   | (363) |
| Total net earnings attributable to GECS                                | $                            | 1,825  |   | $ | 152  |
|                                                                   |                         |   |   |   |   |
|                                                                   |                         |   |   |   |   |

----

----

|                                      | March 31, |                                                               | December 31, |
|-------------------------------------------|-----------|--------------------------------------------------------------------|--------------|
| (In millions)                             | 2011      |                                                               | 2010         |
|                                      |      |             |         |   |   |
| Assets                                    |      |             |         |   |   |
| Cash and equivalents                      | $         | 45                                                            |         | $ | 54  |
| Financing receivables – net         |      | 551                                                           |         |   | 1,917  |
| Property, plant and equipment – net |      | 99                                                            |         |   | 103  |
| Other intangible assets – net       |      | 40                                                            |         |   | 187  |
| Other assets                              |      | 827                                                           |         |   | 841  |
| Other                                     |      | 25                                                            |         |   | 25  |
| Assets of businesses held for sale        | $         | 1,587                                                         |         | $ | 3,127  |
|                                      |      |                                                               |         |   |             |
| Liabilities                               |      |                                                               |         |   |   |
| Accounts payable                          | $         | 48                                                            |         | $ | 46  |
| Other GE current liabilities              |      | 9                                                             |         |   | 11  |
| Long-term borrowings                      |      | 119                                                           |         |   | 228  |
| Other liabilities                         |      | 112                                                           |         |   | 169  |
| Other                                     |      | 262                                                           |         |   | 138  |
| Liabilities of businesses held for sale   | $         | 550                                                           |         | $ | 592  |

----

|                                                             | Three months ended March 31, |
|------------------------------------------------------------------|------------------------------|
| (In millions)                                                    | 2011                    |   | 2010  |
|                                                             |                         |   |   |   |   |
| Operations                                                       |                         |   |   |   |   |
| Total revenues                                                   | $                            |  89  |   | $ |  400  |
|                                                             |                         |   |   |   |   |
| Earnings (loss) from discontinued operations before income taxes | $                            |  –   |   | $ | 2  |
| Benefit (provision) for income taxes                             |                         |  (20) |   |   | 16  |
| Earnings (loss) from discontinued operations, net of taxes       | $                            |  (20) |   | $ | 18  |
|                                                             |                         |   |   |   |   |
| Disposal                                                         |                         |   |   |   |   |
| Gain (loss) on disposal before income taxes                      | $                            |  11  |   | $ | (381) |
| Benefit for income taxes                                         |                         |  28  |   |   | –  |
| Gain (loss) on disposal, net of taxes                            | $                            |  39  |   | $ | (381) |
|                                                             |                         |   |   |   |   |
| Earnings (loss) from discontinued operations, net of taxes       | $                            |  19  |   | $ | (363) |
|                                                             |                         |   |   |   |   |

|                                   |   |   |   |   |   |   | March 31,  |              | December 31, |
|----------------------------------------|--------|--------|--------|--------|--------|--------|------------|-------------------|--------------|
| (In millions)                          |   |   |   |   |   |   | 2011  |              | 2010    |
|                                   |   |   |   |   |   |   |       |              |         |   |   |
| Assets                                 |   |   |   |   |   |   |       |              |         |   |   |
| Cash and equivalents                   |   |   |   |   |   |   | $          |  149    |         | $ |  135  |
| Financing receivables - net            |   |   |   |   |   |   |       | 3,401        |         |   | 5,089  |
| Other assets                           |   |   |   |   |   |   |       | 30           |         |   | 168  |
| Other                                  |   |   |   |   |   |   |       | 1,524        |         |   | 1,470  |
| Assets of discontinued operations      |   |   |   |   |   |   | $          |  5,104  |         | $ | 6,862  |
|                                   |   |   |   |   |   |   |       |              |         |   |   |
|                                   |   |   |   |   |   |   | March 31,  |              | December 31, |
| (In millions)                          |   |   |   |   |   |   | 2011  |              | 2010    |
|                                   |   |   |   |   |   |   |       |              |         |   |   |
| Liabilities                            |   |   |   |   |   |   |       |              |         |   |   |
| Accounts payable                       |   |   |   |   |   |   | $          |  37     |         | $ |  110  |
| Deferred income taxes                  |   |   |   |   |   |   |       | 112          |         |   | 141  |
| Other liabilities                      |   |   |   |   |   |   |       | 1,794        |         |   | 1,898  |
| Liabilities of discontinued operations |   |   |   |   |   |   | $          |  1,943  |         | $ | 2,149  |
|                                   |   |   |   |   |   |   |       |              |         |   |   |

----

----

----

|                                                           | At             |
|----------------------------------------------------------------|----------------|
|                                                           | March 31, 2011 |   | December 31, 2010 |
|                                                           |           |   | Gross |   | Gross |   |   |   |   |   | Gross |   | Gross |   |   |
|                                                           | Amortized      |   | unrealized |   | unrealized |   | Estimated |   | Amortized |   | unrealized |   | unrealized |   | Estimated |
| (In millions)                                                  | cost           |   | gains |   | losses |   | fair value |   | cost |   | gains |   | losses |   | fair value |
|                                                           |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                           |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Debt                                                           |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    U.S. corporate                               | $              | 21,093  |   | $ | 1,538  |   | $ | (156) |   | $ | 22,475  |   | $ | 21,233  |   | $ | 1,576  |   | $ | (237) |   | $ | 22,572  |
|    State and municipal                          |           | 3,053  |   |   | 52  |   |   | (262) |   |   | 2,843  |   |   | 2,961  |   |   | 45  |   |   | (282) |   |   | 2,724  |
|    Residential mortgage-backed(a)               |           | 2,976  |   |   | 104  |   |   | (333) |   |   | 2,747  |   |   | 3,092  |   |   | 95  |   |   | (378) |   |   | 2,809  |
|    Commercial mortgage-backed                   |           | 2,941  |   |   | 143  |   |   | (177) |   |   | 2,907  |   |   | 3,009  |   |   | 145  |   |   | (230) |   |   | 2,924  |
|    Asset-backed                                 |           | 3,560  |   |   | 47  |   |   | (143) |   |   | 3,464  |   |   | 3,407  |   |   | 16  |   |   | (193) |   |   | 3,230  |
|    Corporate – non-U.S.                   |           | 2,817  |   |   | 124  |   |   | (109) |   |   | 2,832  |   |   | 2,883  |   |   | 116  |   |   | (132) |   |   | 2,867  |
|    Government – non-U.S.                  |           | 2,823  |   |   | 75  |   |   | (62) |   |   | 2,836  |   |   | 2,242  |   |   | 82  |   |   | (58) |   |   | 2,266  |
|    U.S. government and                          |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|         federal agency |           | 3,250  |   |   | 53  |   |   | (59) |   |   | 3,244  |   |   | 3,358  |   |   | 57  |   |   | (47) |   |   | 3,368  |
| Retained interests                                             |           | 34  |   |   | 21  |   |   | (3) |   |   | 52  |   |   | 55  |   |   | 10  |   |   | (26) |   |   | 39  |
| Equity                                                         |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Available-for-sale                           |           | 860  |   |   | 222  |   |   | (28) |   |   | 1,054  |   |   | 500  |   |   | 213  |   |   | (8) |   |   | 705  |
|    Trading                                      |           | 418  |   |   | –   |   |   | –   |   |   | 418  |   |   | 417  |   |   | –   |   |   | –   |   |   | 417  |
| Total                                                          | $              | 43,825  |   | $ | 2,379  |   | $ | (1,332) |   | $ | 44,872  |   | $ | 43,157  |   | $ | 2,355  |   | $ | (1,591) |   | $ | 43,921  |
|                                                           |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                           |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

|   | (a) | Substantially collateralized by U.S. mortgages. Of our total residential mortgage-backed securities (RMBS) portfolio at March 31, 2011, $1,620 million relates to securities issued by government sponsored entities and $1,127 million relates to securities of private label issuers. Securities issued by private label issuers are collateralized primarily by pools of individual direct mortgage loans of individual financial institutions. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                 | In loss position for |                |
|------------------------------------------------------|----------------------|---------------------|
|                                                 | Less than 12 months  |                | 12 months or more |   |
|                                                 |                 |                | Gross | (a) |   |   | Gross |   |
|                                                 | Estimated            | unrealized          | Estimated | unrealized |   |
| (In millions)                                        | fair value           | losses              | fair value | losses | (a) |
|                                                 |                 |                |   |   |   |   |   |   |   |   |   |   |
| March 31, 2011                                       |                 |                |   |   |   |   |   |   |   |   |   |   |
| Debt                                                 |                 |                |   |   |   |   |   |   |   |   |   |   |
|    U.S. corporate                     | $                    | 1,968          |   | $ | (49) |   | $ | 1,327  |   | $ | (107) |   |
|    State and municipal                |                 | 941            |   |   | (40) |   |   | 544  |   |   | (222) |   |
|    Residential mortgage-backed        |                 | 319            |   |   | (5) |   |   | 996  |   |   | (328) |   |
|    Commercial mortgage-backed         |                 | 859            |   |   | (92) |   |   | 778  |   |   | (85) |   |
|    Asset-backed                       |                 | 62             |   |   | (2) |   |   | 899  |   |   | (141) |   |
|    Corporate – non-U.S.         |                 | 439            |   |   | (9) |   |   | 847  |   |   | (100) |   |
|    Government – non-U.S.        |                 | 1,052          |   |   | (5) |   |   | 148  |   |   | (57) |   |
|    U.S. government and federal agency |                 | 1,878          |   |   | (19) |   |   | 162  |   |   | (40) |   |
| Retained interests                                   |                 | –   |   |   | –   |   |   | 6  |   |   | (3) |   |
| Equity                                               |                 | 75             |   |   | (25) |   |   | 10  |   |   | (3) |   |
| Total                                                | $                    | 7,593          |   | $ | (246) |   | $ | 5,717  |   | $ | (1,086) |   |
|                                                 |                 |                |   |   |   |   |   |   |   |   |   |   |
| December 31, 2010                                    |                 |                |   |   |   |   |   |   |   |   |   |   |
| Debt                                                 |                 |                |   |   |   |   |   |   |   |   |   |   |
|    U.S. corporate                     | $                    | 2,375          |   | $ | (81) |   | $ | 1,519  |   | $ | (156) |   |
|    State and municipal                |                 | 949            |   |   | (43) |   |   | 570  |   |   | (239) |   |
|    Residential mortgage-backed        |                 | 188            |   |   | (4) |   |   | 1,024  |   |   | (374) |   |
|    Commercial mortgage-backed         |                 | 831            |   |   | (104) |   |   | 817  |   |   | (126) |   |
|    Asset-backed                       |                 | 113            |   |   | (5) |   |   | 910  |   |   | (188) |   |
|    Corporate – non-U.S.         |                 | 448            |   |   | (12) |   |   | 804  |   |   | (120) |   |
|    Government – non-U.S.        |                 | 661            |   |   | (6) |   |   | 107  |   |   | (52) |   |
|    U.S. government and federal agency |                 | 1,822          |   |   | (47) |   |   | –   |   |   | –   |   |
| Retained interests                                   |                 | –   |   |   | –   |   |   | 34  |   |   | (26) |   |
| Equity                                               |                 | 49             |   |   | (8) |   |   | –   |   |   | –   |   |
| Total                                                | $                    | 7,436          |   | $ | (310) |   | $ | 5,785  |   | $ | (1,281) |   |
|                                                 |                 |                |   |   |   |   |   |   |   |   |   |   |
|                                                 |                 |                |   |   |   |   |   |   |   |   |   |   |

| (a) | At March 31, 2011, other-than-temporary impairments previously recognized through other comprehensive income (OCI) on securities still held amounted to $(484) million, of which $(371) million related to RMBS. Gross unrealized losses related to those securities at March 31, 2011 amounted to $(493) million, of which $(435) million related to RMBS. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                   | Amortized |               | Estimated  |
|----------------------------------------|-----------|--------------------|------------|
| (In millions)                          | cost      |               | fair value |
|                                   |      |               |       |   |   |
| Due in                                 |      |               |       |   |   |
|     2011           | $         |  2,974   |       | $ |  2,990  |
|     2012-2015      |      |  7,099   |       |   |  7,375  |
|     2016-2020      |      |  4,525   |       |   |  4,761  |
|     2021 and later |      |  18,438  |       |   |  19,104  |

|                          | Three months ended March 31 |
|-------------------------------|-----------------------------|
| (In millions)                 | 2011                   |   | 2010  |
|                          |                        |   |   |   |   |
| Gains                         | $                           |  116  |   | $ | 89  |
| Losses, including impairments |                        |  (71) |   |   | (82) |
|     Net   | $                           |  45  |   | $ | 7  |
|                          |                        |   |   |   |   |

----

|                                                   | At         |
|--------------------------------------------------------|------------|
|                                                   | March 31,  |   | December 31, |
| (In millions)                                          | 2011  |   | 2010  |
|                                                   |       |   |   |   |   |
| Loans, net of deferred income(a)                       | $          | 273,789  |   | $ | 281,402  |
| Investment in financing leases, net of deferred income |       | 42,200  |   |   | 44,390  |
|                                                   |       | 315,989  |   |   | 325,792  |
| Less allowance for losses                              |       | (7,637) |   |   | (8,058) |
| Financing receivables – net(b)                   | $          | 308,352  |   | $ | 317,734  |
|                                                   |       |   |   |   |   |
|                                                   |       |   |   |   |   |

| (a)   | Deferred income was $2,270 million and $2,326 million at March 31, 2011 and December 31, 2010, respectively. |
|-----------------|--------------------------------------------------------------------------------------------------------------|

| (b)   | Financing receivables at March 31, 2011 and December 31, 2010 included $1,356 million and $1,503 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination per Accounting Standards Codification (ASC) 310, Receivables. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                      | At         |
|-------------------------------------------|------------|
|                                      | March 31,  |   | December 31, |
| (In millions)                             | 2011  |   | 2010  |
|                                      |       |   |   |   |   |
| Commercial                                |       |   |   |   |   |
| CLL                                       |       |   |   |   |   |
| Americas                                  | $          | 82,876  |   | $ | 86,596  |
| Europe                                    |       | 37,093  |   |   | 37,498  |
| Asia                                      |       | 11,545  |   |   | 11,943  |
| Other                                     |       | 2,568  |   |   | 2,626  |
| Total CLL                                 |       | 134,082  |   |   | 138,663  |
|                                      |       |   |   |   |   |
| Energy Financial Services                 |       | 6,662  |   |   | 7,011  |
|                                      |       |   |   |   |   |
| GECAS                                     |       | 12,104  |   |   | 12,615  |
|                                      |       |   |   |   |   |
| Other                                     |       | 1,640  |   |   | 1,788  |
| Total Commercial financing receivables    |       | 154,488  |   |   | 160,077  |
|                                      |       |   |   |   |   |
| Real Estate                               |       |   |   |   |   |
| Debt                                      |       | 29,474  |   |   | 30,249  |
| Business Properties                       |       | 9,548  |   |   | 9,962  |
| Total Real Estate financing receivables   |       | 39,022  |   |   | 40,211  |
|                                      |       |   |   |   |   |
| Consumer                                  |       |   |   |   |   |
| Non-U.S. residential mortgages            |       | 45,436  |   |   | 45,536  |
| Non-U.S. installment and revolving credit |       | 20,235  |   |   | 20,132  |
| U.S. installment and revolving credit     |       | 41,282  |   |   | 43,974  |
| Non-U.S. auto                             |       | 7,295  |   |   | 7,558  |
| Other                                     |       | 8,231  |   |   | 8,304  |
| Total Consumer financing receivables      |       | 122,479  |   |   | 125,504  |
|                                      |       |   |   |   |   |
| Total financing receivables               |       | 315,989  |   |   | 325,792  |
|                                      |       |   |   |   |   |
| Less allowance for losses                 |       | (7,637) |   |   | (8,058) |
| Total financing receivables – net   | $          | 308,352  |   | $ | 317,734  |
|                                      |       |   |   |   |   |

----

|                                   | Balance at |        | Provision  |   |                |   |       |                |       |   | Balance at          |
|----------------------------------------|------------|-------------|------------|--------|---------------------|--------|------------|---------------------|------------|--------|---------------------|
|                                   | January 1, |        | charged to |   |                |   | Gross      |                |       |   | March 31,           |
| (In millions)                          | 2011  |        | operations |   | Other               | (a)    | write-offs | (b)                 | Recoveries | (b)    | 2011           |
|                                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| Commercial                             |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| CLL                                    |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| Americas                               | $          | 1,287  |       | $      | 139            |   | $          | –   |       | $      | (194)               |   | $ | 22  |   | $ | 1,254  |
| Europe                                 |       | 429    |       |   | 30             |   |       | 19             |       |   | (51)                |   |   | 16  |   |   | 443  |
| Asia                                   |       | 222    |       |   | 60             |   |       | 4              |       |   | (69)                |   |   | 11  |   |   | 228  |
| Other                                  |       | 7      |       |   | –   |   |       | (1)                 |       |   | –   |   |   | –   |   |   | 6  |
| Total CLL                              |       | 1,945  |       |   | 229            |   |       | 22             |       |   | (314)               |   |   | 49  |   |   | 1,931  |
|                                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
|                                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| Energy Financial                       |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
|     Services       |       | 22     |       |   | 19             |   |       | (1)                 |       |   | (4)                 |   |   | –   |   |   | 36  |
|                                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| GECAS                                  |       | 20     |       |   | (8)                 |   |       | –   |       |   | –   |   |   | –   |   |   | 12  |
|                                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| Other                                  |       | 58     |       |   | 4              |   |       | 1              |       |   | (8)                 |   |   | –   |   |   | 55  |
| Total Commercial                       |       | 2,045  |       |   | 244            |   |       | 22             |       |   | (326)               |   |   | 49  |   |   | 2,034  |
|                                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| Real Estate                            |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| Debt                                   |       | 1,292  |       |   | 59             |   |       | 7              |       |   | (243)               |   |   | 3  |   |   | 1,118  |
| Business Properties                    |       | 196    |       |   | 26             |   |       | (1)                 |       |   | (42)                |   |   | 2  |   |   | 181  |
| Total Real Estate                      |       | 1,488  |       |   | 85             |   |       | 6              |       |   | (285)               |   |   | 5  |   |   | 1,299  |
|                                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| Consumer                               |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
| Non-U.S. residential                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
|    mortgages            |       | 828    |       |   | 44             |   |       | 25             |       |   | (74)                |   |   | 19  |   |   | 842  |
| Non-U.S. installment                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
|    and revolving credit |       | 937    |       |   | 153            |   |       | 23             |       |   | (327)               |   |   | 144  |   |   | 930  |
| U.S. installment and                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
|    revolving credit     |       | 2,333  |       |   | 585            |   |       | –   |       |   | (913)               |   |   | 136  |   |   | 2,141  |
| Non-U.S. auto                          |       | 168    |       |   | 15             |   |       | 5              |       |   | (68)                |   |   | 32  |   |   | 152  |
| Other                                  |       | 259    |       |   | 37             |   |       | 4              |       |   | (86)                |   |   | 25  |   |   | 239  |
| Total Consumer                         |       | 4,525  |       |   | 834            |   |       | 57             |       |   | (1,468)             |   |   | 356  |   |   | 4,304  |
| Total                                  | $          | 8,058  |       | $      | 1,163          |   | $          | 85             |       | $      | (2,079)             |   | $ | 410  |   | $ | 7,637  |
|                                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |
|                                   |       |        |       |   |                |   |       |                |       |   |                |   |   |   |   |   |   |

| (a)   | Other primarily included the effects of currency exchange. |
|-----------------|------------------------------------------------------------|

| (b)   | Net write-offs (write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as our revolving credit portfolios turn over more than once per year or, in all portfolios, can reflect losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                   | Balance at   |        | Adoption of    |   | Balance at    |   | Provision  |        |     |   |          |   |          |          | Balance at |
|----------------------------------------|--------------|-------------|----------------|--------|---------------|--------|------------|-------------|----------|--------|---------------|--------|---------------|---------------|------------|
|                                   | December 31, |        | ASU 2009       |   | January 1,    |   | charged to |        |     |   | Gross         |   |          |          | March 31,  |
| (In millions)                          | 2009         |        | 16 & 17(a) |   | 2010          |   | operations |        | Other(b) |   | write-offs(c) |   | Recoveries(c) |          | 2010       |
|                                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| Commercial                             |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| CLL                                    |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| Americas                               | $            | 1,179  |           | $      | 66       |   | $          | 1,245  |     | $      | 325      |   | $             | (4)           |       | $ | (282) |   | $ | 35  |   | $ | 1,319  |
| Europe                                 |         | 575    |           |   | –  |   |       | 575    |     |   | 72       |   |          | (31)          |       |   | (147) |   |   | 15  |   |   | 484  |
| Asia                                   |         | 244    |           |   | (10)          |   |       | 234    |     |   | 50       |   |          | (2)           |       |   | (50) |   |   | 4  |   |   | 236  |
| Other                                  |         | 11     |           |   | –  |   |       | 11     |     |   | 1        |   |          | –  |       |   | –  |   |   | –  |   |   | 12  |
| Total CLL                              |         | 2,009  |           |   | 56       |   |       | 2,065  |     |   | 448      |   |          | (37)          |       |   | (479) |   |   | 54  |   |   | 2,051  |
|                                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
|                                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| Energy Financial                       |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
|     Services       |         | 28     |           |   | –  |   |       | 28     |     |   | 19       |   |          | –  |       |   | –  |   |   | –  |   |   | 47  |
|                                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| GECAS                                  |         | 104    |           |   | –  |   |       | 104    |     |   | 21       |   |          | –  |       |   | (71) |   |   | –  |   |   | 54  |
|                                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| Other                                  |         | 34     |           |   | –  |   |       | 34     |     |   | 13       |   |          | 1        |       |   | (2) |   |   | –  |   |   | 46  |
| Total Commercial                       |         | 2,175  |           |   | 56       |   |       | 2,231  |     |   | 501      |   |          | (36)          |       |   | (552) |   |   | 54  |   |   | 2,198  |
|                                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| Real Estate                            |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| Debt                                   |         | 1,358  |           |   | (3)           |   |       | 1,355  |     |   | 170      |   |          | (1)           |       |   | (152) |   |   | –  |   |   | 1,372  |
| Business Properties                    |         | 136    |           |   | 45       |   |       | 181    |     |   | 41       |   |          | (1)           |       |   | (37) |   |   | 1  |   |   | 185  |
| Total Real Estate                      |         | 1,494  |           |   | 42       |   |       | 1,536  |     |   | 211      |   |          | (2)           |       |   | (189) |   |   | 1  |   |   | 1,557  |
|                                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| Consumer                               |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
| Non-U.S. residential                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
|    mortgages            |         | 926    |           |   | –  |   |       | 926    |     |   | 103      |   |          | (66)          |       |   | (101) |   |   | 26  |   |   | 888  |
| Non-U.S. installment                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
|    and revolving credit |         | 1,106  |           |   | –  |   |       | 1,106  |     |   | 325      |   |          | (5)           |       |   | (507) |   |   | 152  |   |   | 1,071  |
| U.S. installment and                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
|    revolving credit     |         | 1,551  |           |   | 1,602    |   |       | 3,153  |     |   | 895      |   |          | (1)           |       |   | (1,199) |   |   | 126  |   |   | 2,974  |
| Non-U.S. auto                          |         | 292    |           |   | –  |   |       | 292    |     |   | 44       |   |          | (9)           |       |   | (92) |   |   | 46  |   |   | 281  |
| Other                                  |         | 292    |           |   | –  |   |       | 292    |     |   | 108      |   |          | (9)           |       |   | (110) |   |   | 19  |   |   | 300  |
| Total Consumer                         |         | 4,167  |           |   | 1,602    |   |       | 5,769  |     |   | 1,475    |   |          | (90)          |       |   | (2,009) |   |   | 369  |   |   | 5,514  |
| Total                                  | $            | 7,836  |           | $      | 1,700    |   | $          | 9,536  |     | $      | 2,187    |   | $             | (128)         |       | $ | (2,750) |   | $ | 424  |   | $ | 9,269  |
|                                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |
|                                   |         |        |           |   |          |   |       |        |     |   |          |   |          |          |       |   |   |   |   |   |   |   |   |

| (a)   | Reflects the effects of our adoption of ASU 2009-16 & 17 on January 1, 2010. |
|-----------------|----------------------------------------------------------------------------------|

| (b) | Other primarily included the effects of currency exchange. |
|-----|------------------------------------------------------------|

| (c) | Net write-offs (write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as our revolving credit portfolios turn over more than once per year or, in all portfolios, can reflect losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                              | At         |
|-------------------------------------------------------------------|------------|
|                                                              | March 31,  |   | December 31, |
| (In millions)                                                     | 2011  |   | 2010  |
|                                                              |       |   |   |   |   |
| Goodwill                                                          | $          | 27,759  |   | $ | 27,508  |
|                                                              |       |   |   |   |   |
| Other intangible assets                                           |       |   |   |   |   |
|     Intangible assets subject to amortization | $          | 1,883  |   | $ | 1,884  |
|                                                              |       |   |   |   |   |

|                      |       |         |         |   |                      | Dispositions, |       |                      |
|---------------------------|------------|--------------|--------------|--------|---------------------------|---------------|------------|---------------------------|
|                      | Balance at |         |         |   | currency                  |          | Balance at |
|                      | January 1, |         |         |   | exchange                  |          | March 31,  |
| (In millions)             | 2011  |         | Acquisitions |   | and other                 |          | 2011  |
|                      |       |         |         |   |                      |          |       |                      |   |   |   |
| CLL                       | $          | 13,893  |         | $      |  –   |          | $          | 166                  |   | $ | 14,059  |
| Consumer                  |       | 10,817  |         |   |  –   |          |       | 83                   |   |   | 10,900  |
| Real Estate               |       | 1,089   |         |   |  –   |          |       | 2                    |   |   | 1,091  |
| Energy Financial Services |       | 1,562   |         |   |  –   |          |       |  –   |   |   | 1,562  |
| GECAS                     |       | 147     |         |   |  –   |          |       |  –   |   |   | 147  |
| Total                     | $          | 27,508  |         | $      |  –   |          | $          | 251                  |   | $ | 27,759  |
|                      |       |         |         |   |                      |          |       |                      |   |   |   |

|                                | At             |
|-------------------------------------|----------------|
|                                | March 31, 2011 |   | December 31, 2010 |
|                                | Gross          |   |   |   |   |   | Gross |   |   |   |   |
|                                | carrying       |   | Accumulated |   |   |   | carrying |   | Accumulated |   |   |
| (In millions)                       | amount         |   | amortization |   | Net |   | amount |   | amortization |   | Net |
|                                |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Customer-related                    | $              | 1,210  |   | $ | (638) |   | $ | 572  |   | $ | 1,112  |   | $ | (588) |   | $ | 524  |
| Patents, licenses and trademarks    |           | 381  |   |   | (318) |   |   | 63  |   |   | 599  |   |   | (532) |   |   | 67  |
| Capitalized software                |           | 2,220  |   |   | (1,724) |   |   | 496  |   |   | 2,034  |   |   | (1,535) |   |   | 499  |
| Lease valuations                    |           | 1,653  |   |   | (955) |   |   | 698  |   |   | 1,646  |   |   | (917) |   |   | 729  |
| Present value of future profits (a) |           | 468  |   |   | (468) |   |   | –   |   |   | 461  |   |   | (461) |   |   | –   |
| All other                           |           | 312  |   |   | (258) |   |   | 54  |   |   | 333  |   |   | (268) |   |   | 65  |
| Total                               | $              | 6,244  |   | $ | (4,361) |   | $ | 1,883  |   | $ | 6,185  |   | $ | (4,301) |   | $ | 1,884  |
|                                |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| (a)   | Balances at March 31, 2011 and December 31, 2010, reflect adjustments of $415 million and $423 million, respectively, to the present value of future profits in our run-off insurance operation to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized in accordance with ASC 320-10-S99-2. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                               | At         |
|--------------------------------------------------------------------|------------|
| (In millions)                                                      | March 31,  |   | December 31, |
|                                                               | 2011  |   | 2010  |
| Short-term borrowings                                              |       |   |   |   |   |
| Commercial paper                                                   |       |   |   |   |   |
|   U.S.                                                   | $          | 30,740  |   | $ | 32,547  |
|   Non-U.S.                                               |       | 9,866  |   |   | 9,497  |
| Current portion of long-term borrowings(a)(b)(c)                   |       | 59,164  |   |   | 65,612  |
| GE Interest Plus notes(d)                                          |       | 8,834  |   |   | 9,058  |
| Other(c)                                                           |       | 1,999  |   |   | 2,083  |
| Total short-term borrowings                                        | $          | 110,603  |   | $ | 118,797  |
|                                                               |       |   |   |   |   |
| Long-term borrowings                                               |       |   |   |   |   |
| Senior unsecured notes(a)(b)                                       | $          | 254,681  |   | $ | 262,789  |
| Subordinated notes(e)                                              |       | 4,687  |   |   | 2,575  |
| Subordinated debentures(f)                                         |       | 7,472  |   |   | 7,298  |
| Other(c)(g)                                                        |       | 11,952  |   |   | 11,745  |
| Total long-term borrowings                                         | $          | 278,792  |   | $ | 284,407  |
|                                                               |       |   |   |   |   |
| Non-recourse borrowings of consolidated securitization entities(h) | $          | 29,300  |   | $ | 30,060  |
|                                                               |       |   |   |   |   |
| Bank deposits(i)                                                   | $          | 39,397  |   | $ | 37,298  |
|                                                               |       |   |   |   |   |
| Total borrowings and bank deposits                                 | $          | 458,092  |   | $ | 470,562  |
|                                                               |       |   |   |   |   |
|                                                               |       |   |   |   |   |

| (a) | GECC had issued and outstanding $45,045 million and $53,495 million of senior, unsecured debt that was guaranteed by the Federal Deposit Insurance Corporation (FDIC) under the Temporary Liquidity Guarantee Program at March 31, 2011 and December 31, 2010, respectively. Of the above amounts, $17,149 million and $18,455 million is included in current portion of long-term borrowings at March 31, 2011 and December 31, 2010, respectively. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Included in total long-term borrowings were $2,319 million and $2,395 million of obligations to holders of guaranteed investment contracts at March 31, 2011 and December 31, 2010, respectively. If the long-term credit rating of GECC were to fall below AA-/Aa3 or its short-term credit rating were to fall below A-1+/P-1, GECC could be required to provide up to $2,208 million as of March 31, 2011, to repay holders of GICs. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | Included $10,738 million and $11,135 million of funding secured by real estate, aircraft and other collateral at March 31, 2011 and December 31, 2010, respectively, of which $4,433 million and $4,671 million is non-recourse to GECS at March 31, 2011 and December 31, 2010, respectively. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) | Entirely variable denomination floating rate demand notes. |
|-----|------------------------------------------------------------|

| (e) | Included $417 million of subordinated notes guaranteed by GE at both March 31, 2011 and December 31, 2010. |
|-----|------------------------------------------------------------------------------------------------------------|

| (f) | Subordinated debentures receive rating agency equity credit and were hedged at issuance to the U.S. dollar equivalent of $7,725 million. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------|

| (g) | Included $2,064 million and $1,984 million of covered bonds at March 31, 2011 and December 31, 2010, respectively. If the short-term credit rating of GECC were reduced below A-1/P-1, GECC would be required to partially cash collateralize these bonds in an amount up to $798 million at March 31, 2011. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (h) | Included at March 31, 2011 and December 31, 2010, were $9,931 million and $10,499 million of current portion of long-term borrowings, respectively, and $19,369 million and $19,561 million of long-term borrowings, respectively. See Note 13. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i) | Included $20,604 million and $18,781 million of deposits in non-U.S. banks at March 31, 2011 and December 31, 2010, respectively, and $11,974 million and $11,606 million of certificates of deposits with maturities greater than one year at March 31, 2011 and December 31, 2010, respectively. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                                              | At         |
|---------------------------------------------------------------------------------------------------|------------|
|                                                                                              | March 31,  |   | December 31, |
| (In millions)                                                                                     | 2011  |   | 2010  |
|                                                                                              |       |   |   |   |   |
| Unrecognized tax benefits                                                                         | $          | 3,974  |   | $ | 3,904  |
|    Portion that, if recognized, would reduce tax expense and effective tax rate(a) |       | 2,353  |   |   | 2,276  |
| Accrued interest on unrecognized tax benefits                                                     |       | 782  |   |   | 833  |
| Accrued penalties on unrecognized tax benefits                                                    |       | 75  |   |   | 73  |
| Reasonably possible reduction to the balance of unrecognized                                      |       |   |   |   |   |
|    tax benefits in succeeding 12 months                                            |       | 0-1,100 |   |   | 0-1,200 |
|    Portion that, if recognized, would reduce tax expense and effective tax rate(a) |       | 0-200 |   |   | 0-250 |
|                                                                                              |       |   |   |   |   |
|                                                                                              |       |   |   |   |   |

| (a) | Some portion of such reduction may be reported as discontinued operations. |
|-----|----------------------------------------------------------------------------|

----

|                                         |   |   |   |   |   |   | Three months ended March 31, |
|----------------------------------------------|--------|--------|--------|--------|--------|--------|------------------------------|
| (In millions)                                |   |   |   |   |   |   |                         | 2011  |   |   | 2010  |
|                                         |   |   |   |   |   |   |                         |   |   |   |   |
| Net earnings attributable to GECS            |   |   |   |   |   |   | $                            | 1,825  |   | $ | 152  |
| Investment securities – net (a)        |   |   |   |   |   |   |                         | (188) |   |   | 93  |
| Currency translation adjustments – net |   |   |   |   |   |   |                         | 1,553  |   |   | (1,359) |
| Cash flow hedges – net                 |   |   |   |   |   |   |                         | (70) |   |   | 413  |
| Benefit plans – net                    |   |   |   |   |   |   |                         | (1) |   |   | 42  |
| Total                                        |   |   |   |   |   |   | $                            | 3,119  |   | $ | (659) |
|                                         |   |   |   |   |   |   |                         |   |   |   |   |
|                                         |   |   |   |   |   |   |                         |   |   |   |   |

| (a)   | Includes adjustments as of March 31, 2011 to deferred acquisition costs, present value of future profits, and investment contracts, insurance liabilities and insurance annuity benefits in our run-off insurance operation to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized in accordance with ASC 320-10-S99-2. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|               |   |   |   |   |   |   | Three months ended March 31, |
|--------------------|--------|--------|--------|--------|--------|--------|------------------------------|
| (In millions)      |   |   |   |   |   |   |                         | 2011  |   |   | 2010  |
|               |   |   |   |   |   |   |                         |   |   |   |   |
| Beginning balance  |   |   |   |   |   |   | $                            | 1,164  |   | $ | 2,048  |
| Net earnings       |   |   |   |   |   |   |                         | 31  |   |   | (5) |
| Dividends          |   |   |   |   |   |   |                         | (3) |   |   | (3) |
| AOCI and other (a) |   |   |   |   |   |   |                         | (14) |   |   | 118  |
| Ending balance     |   |   |   |   |   |   | $                            | 1,178  |   | $ | 2,158  |
|               |   |   |   |   |   |   |                         |   |   |   |   |
|               |   |   |   |   |   |   |                         |   |   |   |   |

| (a)   | The amount of change related to AOCI and other for the three months ended March 31, 2010 includes the impact of our adoption of ASC 810, Consolidations, of $124 million. Changes to other individual components of AOCI attributable to noncontrolling interests were insignificant. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                    |   |   |   |   |   |   | Three months ended March 31 |
|-----------------------------------------|--------|--------|--------|--------|--------|--------|-----------------------------|
| (In millions)                           |   |   |   |   |   |   | 2011                   |   | 2010  |
|                                    |   |   |   |   |   |   |                        |   |   |   |   |
| Interest on loans                       |   |   |   |   |   |   | $                           | 5,253  |   | $ | 5,439  |
| Equipment leased to others              |   |   |   |   |   |   |                        | 2,822  |   |   | 2,761  |
| Fees                                    |   |   |   |   |   |   |                        | 1,151  |   |   | 1,216  |
| Associated companies(a)(b)              |   |   |   |   |   |   |                        | 1,082  |   |   | 597  |
| Investment income(c)                    |   |   |   |   |   |   |                        | 693  |   |   | 562  |
| Financing leases                        |   |   |   |   |   |   |                        | 665  |   |   | 741  |
| Premiums earned by insurance activities |   |   |   |   |   |   |                        | 481  |   |   | 489  |
| Real estate investments                 |   |   |   |   |   |   |                        | 402  |   |   | 277  |
| Other items                             |   |   |   |   |   |   |                        | 563  |   |   | 407  |
| Total                                   |   |   |   |   |   |   | $                           | 13,112  |   | $ | 12,489  |
|                                    |   |   |   |   |   |   |                        |   |   |   |   |
|                                    |   |   |   |   |   |   |                        |   |   |   |   |

|   | (a) | During the three months ended March 31, 2011, we sold an 18.6% equity interest in Garanti Bank and recorded a pre-tax gain of $690 million. Following the sale, we hold a 2.25% equity ownership interest which is classified as an available-for-sale security. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Aggregate summarized financial information for significant associated companies assuming a 100% ownership interest included total assets at March 31, 2011 and December 31, 2010 of $89,081 million and $180,015 million, respectively. Assets were primarily financing receivables of $56,984 million and $97,447 million at March 31, 2011 and December 31, 2010, respectively. Total liabilities were $70,983 million and $143,957 million, consisted primarily of bank deposits of $44,293 million and $75,661 million at March 31, 2011 and December 31, 2010, respectively, and debt of $36,496 million and $53,696 million at March 31, 2011 and December 31, 2010, respectively. Revenues in the first quarters of 2011 and 2010 totaled $3,717 million and $4,966 million, respectively, and net earnings in the first quarters of 2011 and 2010 totaled $459 million and $879 million, respectively. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Included net other-than-temporary impairments on investment securities of $64 million and $79 million in the three months ended March 31, 2011 and 2010, respectively. See Note 3. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (In millions)                                                                |    |                |    |   |                |   |       |                |        | Netting |                |   |   |
|------------------------------------------------------------------------------|---------|---------------------|---------|--------|---------------------|--------|------------|---------------------|-------------|---------|---------------------|--------|--------|
|                                                                         | Level 1 | (a)                 | Level 2 | (a)    | Level 3             | (b)    | adjustment | (c)                 | Net balance |
| March 31, 2011                                                               |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
| Assets                                                                       |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
| Investment securities                                                        |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
|      Debt                                           |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
|        U.S. corporate                     | $       | –   |    | $      | 19,356         |   | $          | 3,119          |        | $       | –   |   | $      | 22,475  |
|        State and municipal                |    | –   |    |   | 2,633          |   |       | 210            |        |    | –   |   |   | 2,843  |
|        Residential mortgage-backed        |    | –   |    |   | 2,629          |   |       | 118            |        |    | –   |   |   | 2,747  |
|        Commercial mortgage-backed         |    | –   |    |   | 2,896          |   |       | 11             |        |    | –   |   |   | 2,907  |
|        Asset-backed                       |    | –   |    |   | 638            |   |       | 2,826          |        |    | –   |   |   | 3,464  |
|        Corporate - non-U.S.               |    | 62             |    |   | 1,291          |   |       | 1,479          |        |    | –   |   |   | 2,832  |
|        Government - non-U.S.              |    | 899            |    |   | 1,775          |   |       | 162            |        |    | –   |   |   | 2,836  |
|        U.S. government and federal agency |    | –   |    |   | 3,043          |   |       | 201            |        |    | –   |   |   | 3,244  |
|      Retained interests                             |    | –   |    |   | –   |   |       | 52             |        |    | –   |   |   | 52  |
|      Equity                                         |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
|        Available-for-sale                 |    | 1,012          |    |   | 21             |   |       | 21             |        |    | –   |   |   | 1,054  |
|        Trading                            |    | 418            |    |   | –   |   |       | –   |        |    | –   |   |   | 418  |
| Derivatives(d)                                                               |    | –   |    |   | 9,061          |   |       | 120            |        |    | (4,336)             |   |   | 4,845  |
| Other(e)                                                                     |    | –   |    |   | –   |   |       | 472            |        |    | –   |   |   | 472  |
| Total                                                                        | $       | 2,391          |    | $      | 43,343         |   | $          | 8,791          |        | $       | (4,336)             |   | $      | 50,189  |
|                                                                         |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
| Liabilities                                                                  |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
| Derivatives                                                                  | $       | –   |    | $      | 6,452          |   | $          | 48             |        | $       | (4,329)             |   | $      | 2,171  |
| Other                                                                        |    | –   |    |   | 29             |   |       | –   |        |    | –   |   |   | 29  |
| Total                                                                        | $       | –   |    | $      | 6,481          |   | $          | 48             |        | $       | (4,329)             |   | $      | 2,200  |
|                                                                         |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
| December 31, 2010                                                            |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
| Assets                                                                       |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
| Investment securities                                                        |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
|     Debt                                                 |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
|        U.S. corporate                     | $       | –   |    | $      | 19,374         |   | $          | 3,198          |        | $       | –   |   | $      | 22,572  |
|        State and municipal                |    | –   |    |   | 2,499          |   |       | 225            |        |    | –   |   |   | 2,724  |
|        Residential mortgage-backed        |    | 47             |    |   | 2,696          |   |       | 66             |        |    | –   |   |   | 2,809  |
|        Commercial mortgage-backed         |    | –   |    |   | 2,875          |   |       | 49             |        |    | –   |   |   | 2,924  |
|        Asset-backed                       |    | –   |    |   | 690            |   |       | 2,540          |        |    | –   |   |   | 3,230  |
|        Corporate - non-U.S.               |    | 89             |    |   | 1,292          |   |       | 1,486          |        |    | –   |   |   | 2,867  |
|        Government - non-U.S.              |    | 776            |    |   | 1,334          |   |       | 156            |        |    | –   |   |   | 2,266  |
|        U.S. government and federal agency |    | –   |    |   | 3,158          |   |       | 210            |        |    | –   |   |   | 3,368  |
|      Retained interests                             |    | –   |    |   | –   |   |       | 39             |        |    | –   |   |   | 39  |
|      Equity                                         |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
|        Available-for-sale                 |    | 661            |    |   | 20             |   |       | 24             |        |    | –   |   |   | 705  |
|        Trading                            |    | 417            |    |   | –   |   |       | –   |        |    | –   |   |   | 417  |
| Derivatives(d)                                                               |    | –   |    |   | 10,393         |   |       | 330            |        |    | (3,646)             |   |   | 7,077  |
| Other(e)                                                                     |    | –   |    |   | –   |   |       | 450            |        |    | –   |   |   | 450  |
| Total                                                                        | $       | 1,990          |    | $      | 44,331         |   | $          | 8,773          |        | $       | (3,646)             |   | $      | 51,448  |
|                                                                         |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
| Liabilities                                                                  |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
| Derivatives                                                                  | $       | –   |    | $      | 6,250          |   | $          | 102            |        | $       | (3,637)             |   | $      | 2,715  |
| Other                                                                        |    | –   |    |   | 31             |   |       | –   |        |    | –   |   |   | 31  |
| Total                                                                        | $       | –   |    | $      | 6,281          |   | $          | 102            |        | $       | (3,637)             |   | $      | 2,746  |
|                                                                         |    |                |    |   |                |   |       |                |        |    |                |   |   |   |
|                                                                         |    |                |    |   |                |   |       |                |        |    |                |   |   |   |

| (a)   | The fair value of securities transferred between Level 1 and Level 2 was $67 million during the three months ended March 31, 2011. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------|

|  (b) | Level 3 investment securities valued using non-binding broker quotes totaled $1,018 million and $1,054 million at March 31, 2011 and December 31, 2010, respectively, and were classified as available-for-sale securities. |
|-----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Included fair value adjustments related to our own and counterparty credit risk. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) | The fair value of derivatives included an adjustment for non-performance risk. At March 31, 2011 and December 31, 2010, the cumulative adjustment was a loss of $7 million and $9 million, respectively. See Note 11 for additional information on the composition of our derivative portfolio. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e) | Included private equity investments and loans designated under the fair value option. |
|-----|---------------------------------------------------------------------------------------|

----

|                                                                        |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   | Net           |          |
|-----------------------------------------------------------------------------|------------|---------------|-------------|--------|----------------|------------|-----------|---------------|--------|--------|---------------|--------|---------|---------------|---------|-----------|---------------|-----------|--------|---------------|---------------|
| (In millions)                                                               |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          | change in     |   |
|                                                                        |       |          |        |   | Net realized/  |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          | unrealized    |   |
|                                                                        |       |          |        | Net    |           | unrealized |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   | gains |   |
|                                                                        |       |          | realized/   |   | gains (losses) |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          | (losses)      |   |
|                                                                        |       |          | unrealized  |   | included in    |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          | relating to   |   |
|                                                                        |       |          | gains       |   | accumulated    |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          | instruments   |   |
|                                                                        |       |          | (losses)    |   | other          |       |      |          |   |   |          |   |    | Transfers     |    | Transfers |          |      |   |          | still held at |   |
|                                                                        | January 1, |          | included in |   | comprehensive  |       |      |          |   |   |          |   |    | into          |    | out of    |          | March 31, |   |          | March 31,     |   |
|                                                                        | 2011  |          | earnings    | (a)    | income         |       | Purchases |          | Sales  |   | Settlements   |   | Level 3 | (b)           | Level 3 | (b)       | 2011     |      |   | 2011          | (c)           |
|                                                                        |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |
| Investment securities                                        |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |
|    Debt                                                      |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |
|       U.S. corporate                          | $          | 3,198    |        | $      | 87        |       | $         | (23)          |   | $      | 45       |   | $       | (114)         |    | $         | (74)          |      | $      | –  |          | $ | –  |   | $ | 3,119  |   |   | $ | –  |   |
|       State and municipal                     |       | 225      |        |   | –   |       |      | (5)           |   |   | 4        |   |    | –  |    |      | (3)           |      |   | –  |          |   | (11) |   |   | 210  |   |   |   | –  |   |
|       Residential                             |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |
|           mortgage-backed |       | 66       |        |   | –   |       |      | 3        |   |   | 1        |   |    | (4)           |    |      | (1)           |      |   | 71       |          |   | (18) |   |   | 118  |   |   |   | –  |   |
|       Commercial                              |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |
|           mortgage-backed |       | 49       |        |   | –   |       |      | –  |   |   | 7        |   |    | –  |    |      | –  |      |   | 3        |          |   | (48) |   |   | 11  |   |   |   | –  |   |
|       Asset-backed                            |       | 2,540    |        |   | 3         |       |      | 74       |   |   | 371      |   |    | (109)         |    |      | (10)          |      |   | 1        |          |   | (44) |   |   | 2,826  |   |   |   | –  |   |
|       Corporate – non-U.S.              |       | 1,486    |        |   | (27)           |       |      | 54       |   |   | 12       |   |    | (28)          |    |      | (29)          |      |   | 11       |          |   | –  |   |   | 1,479  |   |   |   | –  |   |
|       Government                              |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |
|          – non-U.S.      |       | 156      |        |   | –   |       |      | 6        |   |   | –  |   |    | –  |    |      | –  |      |   | –  |          |   | –  |   |   | 162  |   |   |   | –  |   |
|      U.S. government and                           |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |
|          federal agency        |       | 210      |        |   | –   |       |      | (9)           |   |   | –  |   |    | –  |    |      | –  |      |   | –  |          |   | –  |   |   | 201  |   |   |   | –  |   |
|    Retained interests                                        |       | 39       |        |   | (19)           |       |      | 34       |   |   | –  |   |    | (1)           |    |      | (1)           |      |   | –  |          |   | –  |   |   | 52  |   |   |   | –  |   |
|    Equity                                                    |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |
|       Available-for-sale                      |       | 24       |        |   | –   |       |      | (1)           |   |   | –  |   |    | –  |    |      | –  |      |   | 1        |          |   | (3) |   |   | 21  |   |   |   | –  |   |
|       Trading                                 |       | –  |        |   | –   |       |      | –  |   |   | –  |   |    | –  |    |      | –  |      |   | –  |          |   | –  |   |   | –  |   |   |   | –  |   |
| Derivatives(d)(e)                                                           |       | 227      |        |   | 18        |       |      | 4        |   |   | 4        |   |    | –  |    |      | (184)         |      |   | –  |          |   | 6  |   |   | 75  |   |   |   | 23  |   |
| Other                                                                       |       | 450      |        |   | –   |       |      | 17       |   |   | 5        |   |    | –  |    |      | –  |      |   | –  |          |   | –  |   |   | 472  |   |   |   | –  |   |
| Total                                                                       | $          | 8,670    |        | $      | 62        |       | $         | 154      |   | $      | 449      |   | $       | (256)         |    | $         | (302)         |      | $      | 87       |          | $ | (118) |   | $ | 8,746  |   |   | $ | 23  |   |
|                                                                        |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |
|                                                                        |       |          |        |   |           |       |      |          |   |   |          |   |    |          |    |      |          |      |   |          |          |   |   |   |   |   |   |   |   |   |   |

| (a)   | Earnings effects are primarily included in the “Revenues from services” and “Interest” captions in the Condensed Statement of Current and Retained Earnings. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Represented the amount of unrealized gains or losses for the period included in earnings. |
|-----------------|-------------------------------------------------------------------------------------------|

| (d)   | Represented derivative assets net of derivative liabilities and included cash accruals of $3 million not reflected in the fair value hierarchy table. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 11. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (In millions)                                                         |       |                 |          |   | Net realized/        |   |        |                 |      |   |                 |   |   | Net change           |       |
|-----------------------------------------------------------------------|------------|----------------------|---------------|--------|----------------------|--------|-------------|----------------------|-----------|--------|----------------------|--------|--------|----------------------|------------|
|                                                                  |       |                 |          |   | unrealized           |   |        |                 |      |   |                 |   |   | in unrealized        |       |
|                                                                  |       |                 |          |   | gains (losses)       |   |        |                 |      |   |                 |   |   | gains (losses)       |       |
|                                                                  |       |                 | Net realized/ |   | included in          |   |        |                 |      |   |                 |   |   | relating to          |       |
|                                                                  |       |                 | unrealized    |   | accumulated          |   | Purchases,  |                 | Transfers |   |                 |   |   | instruments          |       |
|                                                                  |       |                 | gains(losses) |   | other                |   | sales       |                 | in and/or |   |                 |   |   | still held at        |       |
|                                                                  | January 1, |                 | included in   |   | comprehensive        |   | and         |                 | out of    |   | March 31,            |   |   | March 31,            |       |
|                                                                  | 2010  | (a)                  | earnings      | (b)    | income               |   | settlements |                 | Level 3   | (c)    | 2010            |   |   |                 | 2010  | (d) |
|                                                                  |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |
| Investment securities                                  |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |
|     Debt                                          |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |
|       U.S. corporate                    | $          |  3,053     |          | $      |  16        |   | $           |  48        |      | $      |  (312)          |   | $      |  1         |       | $ |  2,806  |   |   | $ |  –   |   |
|       State and municipal               |       |  205       |          |   |  –   |   |        |  74        |      |   |  (4)            |   |   |  –   |       |   |  275  |   |   |   |  –   |   |
|       Residential                       |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |
|          mortgage-backed |       |  123       |          |   |  –   |   |        |  17        |      |   |  –   |   |   |  (7)            |       |   |  133  |   |   |   |  –   |   |
|       Commercial                        |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |
|          mortgage-backed |       |  1,041     |          |   |  30        |   |        |  2         |      |   |  (951)          |   |   |  (3)            |       |   |  119  |   |   |   |  –   |   |
|       Asset-backed                      |       |  1,872     |          |   |  9         |   |        |  23        |      |   |  (16)           |   |   |  (26)           |       |   |  1,862  |   |   |   |  –   |   |
|       Corporate - non-U.S.              |       |  1,331     |          |   |  (4)            |   |        |  (19)           |      |   |  191       |   |   |  (142)          |       |   |  1,357  |   |   |   |  –   |   |
|       Government -                      |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |
|          non-U.S.        |       |  163       |          |   |  –   |   |        |  (2)            |      |   |  –   |   |   |  (25)           |       |   |  136  |   |   |   |  –   |   |
|       U.S. government and               |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |
|          federal agency  |       |  256       |          |   |  –   |   |        |  (12)           |      |   |  –   |   |   |  –   |       |   |  244  |   |   |   |  –   |   |
|     Retained interests                            |       |  45        |          |   |  –   |   |        |  1         |      |   |  (3)            |   |   |  –   |       |   |  43  |   |   |   |  –   |   |
|     Equity                                        |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |
|       Available-for-sale                |       |  19        |          |   |  –   |   |        |  –   |      |   |  –   |   |   |  –   |       |   |  19  |   |   |   |  –   |   |
|       Trading                           |       |  –   |          |   |  –   |   |        |  –   |      |   |  –   |   |   |  –   |       |   |  –   |   |   |   |  –   |   |
| Derivatives(e)                                                        |       |  205       |          |   |  77        |   |        |  (7)            |      |   |  (55)           |   |   |  (49)           |       |   |  171  |   |   |   |  54  |   |
| Other                                                                 |       |  480       |          |   |  (1)            |   |        |  (23)           |      |   |  –   |   |   |  (28)           |       |   |  428  |   |   |   |  –   |   |
| Total                                                                 | $          |  8,793     |          | $      |  127       |   | $           |  102       |      | $      |  (1,150)        |   | $      |  (279)          |       | $ |  7,593  |   |   | $ |  54  |   |
|                                                                  |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |
|                                                                  |       |                 |          |   |                 |   |        |                 |      |   |                 |   |   |                 |       |   |   |   |   |   |   |   |

| (a)   | Included $1,015 million in debt securities, a reduction in retained interests of $8,782 million and a reduction in derivatives of $365 million related to adoption of ASU 2009-16 & 17. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Earnings effects are primarily included in the “Revenues from services” and “Interest” captions in the Condensed Statement of Current and Retained Earnings. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Represented the amount of unrealized gains or losses for the period included in earnings. |
|-----------------|-------------------------------------------------------------------------------------------|

| (e)   | Represented derivative assets net of derivative liabilities and included cash accruals of $33 million not reflected in the fair value hierarchy table. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                          |                   |                 |              |   |               |   |    |                 |   |   |               |
|-----------------------------------------------|------------------------|----------------------|-------------------|--------|--------------------|--------|---------|----------------------|--------|--------|--------------------|
|                                          | Remeasured during      |                 | Remeasured during |
|                                          | the three months ended |                 | the year ended    |
|                                          | March 31, 2011         |                 | December 31, 2010 |
| (In millions)                                 | Level 2                |                 | Level 3           |   | Level 2            |   | Level 3 |
|                                          |                   |                 |              |   |               |   |    |                 |   |   |               |
| Financing receivables and loans held for sale | $                      |  13        |              | $      |  6,050   |   | $       |  54        |   | $      |  6,833   |
| Cost and equity method investments(a)         |                   |  –   |              |   |  170     |   |    |  –   |   |   |  378     |
| Long-lived assets, including real estate      |                   |  410       |              |   |  4,251   |   |    |  1,025     |   |   |  5,809   |
| Total                                         | $                      |  423       |              | $      |  10,471  |   | $       |  1,079     |   | $      |  13,020  |
|                                          |                   |                 |              |   |               |   |    |                 |   |   |               |
|                                          |                   |                 |              |   |               |   |    |                 |   |   |               |

| (a)   | Includes the fair value of private equity and real estate funds included in Level 3 of $35 million and $296 million at March 31, 2011 and December 31, 2010, respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                          |   |   |   |   |   |   |                         |        |       |   |          |
|-----------------------------------------------|--------|--------|--------|--------|--------|--------|------------------------------|-------------|------------|--------|---------------|
|                                          |   |   |   |   |   |   | Three months ended March 31, |
| (In millions)                                 |   |   |   |   |   |   | 2011                    |        | 2010  |
|                                          |   |   |   |   |   |   |                         |        |       |   |          |
| Financing receivables and loans held for sale |   |   |   |   |   |   | $                            |  (377) |       | $      |  (581)   |
| Cost and equity method investments(a)         |   |   |   |   |   |   |                         |  (48)  |       |   |  (66)    |
| Long-lived assets, including real estate(b)   |   |   |   |   |   |   |                         |  (568) |       |   |  (701)   |
| Total                                         |   |   |   |   |   |   | $                            |  (993) |       | $      |  (1,348) |
|                                          |   |   |   |   |   |   |                         |        |       |   |          |
|                                          |   |   |   |   |   |   |                         |        |       |   |          |

| (a)   | Includes fair value adjustments associated with private equity and real estate funds of $(5) million and $(13) million in the three months ended March 31, 2011 and 2010, respectively. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Includes $436 million and $583 million of impairments related to real estate equity properties and investments recorded in operating and administrative expenses in the three months ended March 31, 2011 and 2010, respectively. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                           |           |        |              |                 |                |   |     |                |                 |    |        |   |   |                |   |   |                |
|----------------------------------------------------------------|----------------|-------------|-------------------|----------------------|---------------------|--------|----------|---------------------|----------------------|---------|-------------|--------|--------|---------------------|--------|--------|---------------------|
|                                                           | At             |
|                                                           | March 31, 2011 |        | December 31, 2010 |
|                                                           |           |        |              | Assets (liabilities) |                |   |     |                | Assets (liabilities) |
|                                                           | Notional       |        | Carrying          |                 | Estimated           |   | Notional |                | Carrying             |    | Estimated   |
| (In millions)                                                  | amount         |        | amount (net)      |                 | fair value          |   | amount   |                | amount (net)         |    | fair value  |
| Assets                                                         |           |        |              |                 |                |   |     |                |                 |    |        |   |   |                |   |   |                |
|     Loans                                  |           | (a)         |              | $                    |  266,569  |   | $        |  263,714  |                 |    | (a)         |   | $      |  273,739  |   | $      |  270,105  |
|     Other commercial mortgages             |           | (a)         |              |                 |  1,026    |   |     |  1,077    |                 |    | (a)         |   |   |  1,041    |   |   |  1,103    |
|     Loans held for sale                    |           | (a)         |              |                 |  313      |   |     |  313      |                 |    | (a)         |   |   |  287      |   |   |  287      |
|     Other financial instruments(c)         |           | (a)         |              |                 |  2,119    |   |     |  2,619    |                 |    | (a)         |   |   |  2,103    |   |   |  2,511    |
| Liabilities                                                    |           |        |              |                 |                |   |     |                |                 |    |        |   |   |                |   |   |                |
|     Borrowings and bank                    |           |        |              |                 |                |   |     |                |                 |    |        |   |   |                |   |   |                |
|         deposits(b)(d) |           | (a)         |              |                 |  (458,092)     |   |     |  (467,939)     |                 |    | (a)         |   |   |  (470,562)     |   |   |  (482,765)     |
|     Investment contract benefits           |           | (a)         |              |                 |  (3,673)       |   |     |  (4,208)       |                 |    | (a)         |   |   |  (3,726)       |   |   |  (4,264)       |
|     Guaranteed investment contracts        |           | (a)         |              |                 |  (5,291)       |   |     |  (5,295)       |                 |    | (a)         |   |   |  (5,502)       |   |   |  (5,524)       |
|     Insurance - credit life(e)             |  $        | 1,823  |              |                 |  (98)          |   |     |  (76)          |                 |  $ | 1,825  |   |   |  (103)         |   |   |  (69)          |
|                                                           |           |        |              |                 |                |   |     |                |                 |    |        |   |   |                |   |   |                |
|                                                           |           |        |              |                 |                |   |     |                |                 |    |        |   |   |                |   |   |                |

| (a)   | These financial instruments do not have notional amounts. |
|-----------------|-----------------------------------------------------------|

| (b)   | See Note 6. |
|-----------------|-------------|

| (c)   | Principally cost method investments. |
|-----------------|--------------------------------------|

| (d)   | Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at March 31, 2011 and December 31, 2010 would have been reduced by $2,891 million and $4,298 million, respectively. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Net of reinsurance of $2,800 million at both March 31, 2011 and December 31, 2010. |
|-----------------|------------------------------------------------------------------------------------|

|                                                  | Notional amount at |
|-------------------------------------------------------|--------------------|
|                                                  | March 31,          |   | December 31, |
| (In millions)                                         | 2011          |   | 2010  |
|                                                  |               |   |   |   |   |
| Ordinary course of business lending commitments(a)    | $                  |  4,080  |   | $ |  4,507  |
| Unused revolving credit lines(b)                      |               |   |   |   |   |
|    Commercial(c)                       |               |  19,831  |   |   |  21,338  |
|    Consumer - principally credit cards |               |  234,609  |   |   |  227,006  |
|                                                  |               |   |   |   |   |
|                                                  |               |   |   |   |   |

| (a)   | Excluded investment commitments of $1,469 million and $1,990 million as of March 31, 2011 and December 31, 2010, respectively. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Excluded inventory financing arrangements, which may be withdrawn at our option, of $11,202 million and $11,840 million as of March 31, 2011 and December 31, 2010, respectively. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Included commitments of $14,930 million and $16,243 million as of March 31, 2011 and December 31, 2010, respectively, associated with secured financing arrangements that could have increased to a maximum of $19,086 million and $20,268 million at March 31, 2011 and December 31, 2010, respectively, based on asset volume under the arrangement. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                | At March 31, 2011 |              | At December 31, 2010 |
|-----------------------------------------------------|-------------------|-------------------|----------------------|
|                                                | Fair value        |              | Fair value           |
| (In millions)                                       | Assets            |              | Liabilities          |   | Assets |   | Liabilities |
|                                                |              |              |                 |   |   |   |   |   |   |   |   |
| Derivatives accounted for as hedges                 |              |              |                 |   |   |   |   |   |   |   |   |
|     Interest rate contracts     | $                 |  4,249  |                 | $ |  2,815  |   | $ |  5,959  |   | $ |  2,675  |
|     Currency exchange contracts |              |  2,895  |                 |   |  2,666  |   |   |  2,915  |   |   |  2,422  |
|                                                |              |  7,144  |                 |   |  5,481  |   |   |  8,874  |   |   |  5,097  |
|                                                |              |              |                 |   |   |   |   |   |   |   |   |
| Derivatives not accounted for as hedges             |              |              |                 |   |   |   |   |   |   |   |   |
|     Interest rate contracts     |              |  214    |                 |   |  305  |   |   |  294  |   |   |  552  |
|     Currency exchange contracts |              |  1,726  |                 |   |  669  |   |   |  1,281  |   |   |  653  |
|     Other contracts             |              |  97     |                 |   |  45  |   |   |  274  |   |   |  50  |
|                                                |              |  2,037  |                 |   |  1,019  |   |   |  1,849  |   |   |  1,255  |
| Netting adjustments(a)                              |              |  (4,336)     |                 |   |  (4,329) |   |   |  (3,646) |   |   |  (3,637) |
|                                                |              |              |                 |   |   |   |   |   |   |   |   |
| Total                                               | $                 |  4,845  |                 | $ |  2,171  |   | $ |  7,077  |   | $ |  2,715  |
|                                                |              |              |                 |   |   |   |   |   |   |   |   |
|                                                |              |              |                 |   |   |   |   |   |   |   |   |

| Derivatives are classified in the captions “Other assets” and “Other liabilities” in our financial statements. |
|----------------------------------------------------------------------------------------------------------------------------------------|

| (a)   | The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts included fair value adjustments related to our own and counterparty non-performance risk. At March 31, 2011 and December 31, 2010, the cumulative adjustment for non-performance risk was a loss of $7 million and $9 million, respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                        | Three months ended |
|-----------------------------|--------------------|
|                        |               | March 31, 2011 |   |   | March 31, 2010 |
| (In millions)               |               | Gain (loss) |   |   | Gain (loss) |   |   | Gain (loss) |   |   | Gain (loss) |
|                        |               | on hedging |   |   | on hedged |   |   | on hedging |   |   | on hedged |
|                        |               | derivatives |   |   | items |   |   | derivatives |   |   | items |
|                        |               |   |   |   |   |   |   |   |   |   |   |
| Interest rate contracts     | $                  |  (1,731) |   | $ |  1,661  |   | $ |  1,260  |   | $ |  (1,409) |
| Currency exchange contracts |               |  24  |   |   |  (27) |   |   |  (20) |   |   |  16  |
|                        |               |   |   |   |   |   |   |   |   |   |   |
|                        |               |   |   |   |   |   |   |   |   |   |   |

|                        |                           |                 |                       |   |          |   | Gain (loss) reclassified |
|-----------------------------|--------------------------------|----------------------|----------------------------|--------|---------------|--------|--------------------------|
|                        | Gain (loss) recognized in AOCI |                 | from AOCI into earnings    |
|                        | for the three months ended     |                 | for the three months ended |
|                        | March 31,                      |                 | March 31,                  |   | March 31,     |   | March 31,                |
|                        | 2011                      |                 | 2010                  |   | 2011     |   | 2010                |
| (In millions)               |                           |                 |                       |   |          |   |                     |   |   |   |   |
|                        |                           |                 |                       |   |          |   |                     |   |   |   |   |
| Cash flow hedges            |                           |                 |                       |   |          |   |                     |   |   |   |   |
| Interest rate contracts     | $                              |  24        |                       | $      |  (230)   |   | $                        |  (256) |   | $ |  (418) |
| Currency exchange contracts |                           |  177       |                       |   |  (346)   |   |                     |  419  |   |   |  (537) |
| Commodity contracts         |                           |  –   |                       |   |  2  |   |                     |  (11) |   |   |  –   |
| Total                       | $                              |  201       |                       | $      |  (574)   |   | $                        |  152  |   | $ |  (955) |
|                        |                           |                 |                       |   |          |   |                     |   |   |   |   |
|                        |                           |                 |                       |   |          |   |                     |   |   |   |   |

----

|                        | Gain (loss) recognized       |        | Gain (loss) reclassified     |
|-----------------------------|------------------------------|-------------|------------------------------|
|                        | in CTA for the               |        | from CTA for the             |
|                        | three months ended March 31, |        | three months ended March 31, |
| (In millions)               | 2011                    |        | 2010                    |   | 2011  |   | 2010  |
|                        |                         |        |                         |   |   |   |   |   |   |   |   |
| Net investment hedges       |                         |        |                         |   |   |   |   |   |   |   |   |
| Currency exchange contracts | $                            |  (801) |                         | $ |  404  |   | $ |  (338) |   | $ |  –   |
|                        |                         |        |                         |   |   |   |   |   |   |   |   |

----

----

| Commercial                                                          | Financing receivables at |          |
|---------------------------------------------------------------------|--------------------------|---------------|
|                                                                | March 31,                |          | December 31, |   |
| (In millions)                                                       | 2011                |          | 2010  |   |
|                                                                |                     |          |   |   |   |   |
| CLL                                                                 |                     |          |   |   |   |   |
|     Americas                                    | $                        | 82,876   |   | $ | 86,596  |   |
|     Europe                                      |                     | 37,093   |   |   | 37,498  |   |
|     Asia                                        |                     | 11,545   |   |   | 11,943  |   |
|     Other                                       |                     | 2,568    |   |   | 2,626  |   |
| Total CLL                                                           |                     | 134,082  |   |   | 138,663  |   |
|                                                                |                     |          |   |   |   |   |
| Energy Financial Services                                           |                     | 6,662    |   |   | 7,011  |   |
|                                                                |                     |          |   |   |   |   |
| GECAS                                                               |                     | 12,104   |   |   | 12,615  |   |
|                                                                |                     |          |   |   |   |   |
| Other                                                               |                     | 1,640    |   |   | 1,788  |   |
|                                                                |                     |          |   |   |   |   |
| Total Commercial financing receivables, before allowance for losses | $                        | 154,488  |   | $ | 160,077  |   |
|                                                                |                     |          |   |   |   |   |
| Non-impaired financing receivables                                  | $                        | 148,512  |   | $ | 154,257  |   |
| General reserves                                                    |                     | 1,052    |   |   | 1,014  |   |
|                                                                |                     |          |   |   |   |   |
| Impaired loans                                                      |                     | 5,976    |   |   | 5,820  |   |
| Specific reserves                                                   |                     | 982      |   |   | 1,031  |   |
|                                                                |                     |          |   |   |   |   |

----

| Commercial                       |   | March 31, 2011 |   |   | December 31, 2010 |   |
|----------------------------------|--------|----------------|--------|--------|-------------------|--------|
|                             |   | Over 30 days   |   |   | Over 90 days      |   |   | Over 30 days |   |   | Over 90 days |   |
|                             |   | past due       |   |   | past due          |   |   | past due |   |   | past due |   |
|                             |   |           |   |   |              |   |   |   |   |   |   |   |
| CLL                              |   |           |   |   |              |   |   |   |   |   |   |   |
|     Americas |   | 1.2       | %      |   | 0.8          | %      |   | 1.3  | % |   | 0.8  | % |
|     Europe   |   | 3.9       |   |   | 2.2          |   |   | 4.2  |   |   | 2.3  |   |
|     Asia     |   | 2.4       |   |   | 1.7          |   |   | 2.2  |   |   | 1.4  |   |
|     Other    |   | 0.4       |   |   | 0.3          |   |   | 0.7  |   |   | 0.3  |   |
| Total CLL                        |   | 2.0       |   |   | 1.2          |   |   | 2.1  |   |   | 1.3  |   |
|                             |   |           |   |   |              |   |   |   |   |   |   |   |
| Energy Financial Services        |   | 0.8       |   |   | 0.8          |   |   | 0.9  |   |   | 0.8  |   |
|                             |   |           |   |   |              |   |   |   |   |   |   |   |
| GECAS                            |   | 0.5       |   |   | 0.4          |   |   | –  |   |   | –  |   |
|                             |   |           |   |   |              |   |   |   |   |   |   |   |
| Other                            |   | 5.5       |   |   | 5.2          |   |   | 5.8  |   |   | 5.5  |   |
|                             |   |           |   |   |              |   |   |   |   |   |   |   |
| Total                            |   | 1.9       |   |   | 1.2          |   |   | 2.0  |   |   | 1.2  |   |
|                             |   |           |   |   |              |   |   |   |   |   |   |   |

| Commercial                       | Nonaccrual financing receivables at |        | Nonearning financing receivables at |   |
|----------------------------------|-------------------------------------|-------------|-------------------------------------|--------|
|                             | March 31,                           |        | December 31,                        |   | March 31, |   | December 31, |   |
| (Dollars in millions)            | 2011                           |        | 2010                           |   | 2011  |   | 2010  |   |
|                             |                                |        |                                |   |   |   |   |   |   |   |   |   |
| CLL                              |                                |        |                                |   |   |   |   |   |   |   |   |   |
|     Americas | $                                   | 2,965  |                                | $      | 3,206  |   | $ | 2,395  |   | $ | 2,571  |   |
|     Europe   |                                | 1,552  |                                |   | 1,415  |   |   | 1,209  |   |   | 1,241  |   |
|     Asia     |                                | 555    |                                |   | 616  |   |   | 346  |   |   | 406  |   |
|     Other    |                                | 8      |                                |   | 9  |   |   | 8  |   |   | 8  |   |
| Total CLL                        |                                | 5,080  |                                |   | 5,246  |   |   | 3,958  |   |   | 4,226  |   |
|                             |                                |        |                                |   |   |   |   |   |   |   |   |   |
| Energy Financial Services        |                                | 162    |                                |   | 78  |   |   | 162  |   |   | 62  |   |
|                             |                                |        |                                |   |   |   |   |   |   |   |   |   |
| GECAS                            |                                | 16     |                                |   | –  |   |   | 16  |   |   | –  |   |
|                             |                                |        |                                |   |   |   |   |   |   |   |   |   |
| Other                            |                                | 184    |                                |   | 139  |   |   | 99  |   |   | 102  |   |
| Total                            | $                                   | 5,442  |                                | $      | 5,463  |   | $ | 4,235  |   | $ | 4,390  |   |
|                             |                                |        |                                |   |   |   |   |   |   |   |   |   |
| Allowance for losses percentage  |                                | 37.4   | %                                   |   | 37.4  | % |   | 48.0  | % |   | 46.6  | % |
|                             |                                |        |                                |   |   |   |   |   |   |   |   |   |

----

| Commercial(a)                    | With no specific allowance |          | With a specific allowance |
|----------------------------------|----------------------------|---------------|---------------------------|
|                             |                       | Recorded      |                      | Unpaid |   | Average |   |   | Recorded |   | Unpaid |   |   |   | Average |
|                             | investment                 |          | principal                 |   | investment in |   | investment |   | principal |   | Associated |   | investment in |
| (In millions)                    | in loans                   |          | balance                   |   | loans |   | in loans |   | balance |   | allowance |   | loans |
|                             |                       |          |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| March 31, 2011                   |                       |          |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                             |                       |          |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CLL                              |                       |          |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Americas | $                          | 2,093    |                      | $ | 2,182  |   | $ | 2,062  |   | $ | 1,532  |   | $ | 1,557  |   | $ | 516  |   | $ | 1,615  |
|     Europe   |                       | 1,001    |                      |   | 833  |   |   | 902  |   |   | 538  |   |   | 345  |   |   | 281  |   |   | 552  |
|     Asia     |                       | 103      |                      |   | 102  |   |   | 111  |   |   | 247  |   |   | 214  |   |   | 122  |   |   | 292  |
|     Other    |                       | –  |                      |   | –  |   |   | –  |   |   | –  |   |   | –  |   |   | –  |   |   | –  |
| Total CLL                        |                       | 3,197    |                      |   | 3,117  |   |   | 3,075  |   |   | 2,317  |   |   | 2,116  |   |   | 919  |   |   | 2,459  |
| Energy Financial Services        |                       | 35       |                      |   | 42  |   |   | 45  |   |   | 127  |   |   | 127  |   |   | 19  |   |   | 75  |
| GECAS                            |                       | 78       |                      |   | 78  |   |   | 51  |   |   | 36  |   |   | 36  |   |   | 3  |   |   | 18  |
| Other                            |                       | 75       |                      |   | 75  |   |   | 67  |   |   | 111  |   |   | 111  |   |   | 41  |   |   | 109  |
| Total                            | $                          | 3,385    |                      | $ | 3,312  |   | $ | 3,238  |   | $ | 2,591  |   | $ | 2,390  |   | $ | 982  |   | $ | 2,661  |
|                             |                       |          |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| December 31, 2010                |   |          |   |   |          |   |   |        |   |   |          |   |   |          |   |   |          |   |   |          |
|----------------------------------|--------|---------------|--------|--------|---------------|--------|--------|-------------|--------|--------|---------------|--------|--------|---------------|--------|--------|---------------|--------|--------|---------------|
|                             |   |          |   |   |          |   |   |        |   |   |          |   |   |          |   |   |          |   |   |          |
| CLL                              |   |          |   |   |          |   |   |        |   |   |          |   |   |          |   |   |          |   |   |          |
|     Americas | $      | 2,030    |   | $      | 2,127    |   | $      | 1,547  |   | $      | 1,699    |   | $      | 1,744    |   | $      | 589      |   | $      | 1,754    |
|     Europe   |   | 802      |   |   | 674      |   |   | 629    |   |   | 566      |   |   | 566      |   |   | 267      |   |   | 563      |
|     Asia     |   | 119      |   |   | 117      |   |   | 117    |   |   | 338      |   |   | 303      |   |   | 132      |   |   | 334      |
|     Other    |   | –  |   |   | –  |   |   | 9      |   |   | –  |   |   | –  |   |   | –  |   |   | –  |
| Total CLL                        |   | 2,951    |   |   | 2,918    |   |   | 2,302  |   |   | 2,603    |   |   | 2,613    |   |   | 988      |   |   | 2,651    |
| Energy Financial Services        |   | 54       |   |   | 61       |   |   | 76     |   |   | 24       |   |   | 24       |   |   | 6        |   |   | 70       |
| GECAS                            |   | 24       |   |   | 24       |   |   | 50     |   |   | –  |   |   | –  |   |   | –  |   |   | 31       |
| Other                            |   | 58       |   |   | 57       |   |   | 30     |   |   | 106      |   |   | 99       |   |   | 37       |   |   | 82       |
| Total                            | $      | 3,087    |   | $      | 3,060    |   | $      | 2,458  |   | $      | 2,733    |   | $      | 2,736    |   | $      | 1,031    |   | $      | 2,834    |
|                             |   |          |   |   |          |   |   |        |   |   |          |   |   |          |   |   |          |   |   |          |
|                             |   |          |   |   |          |   |   |        |   |   |          |   |   |          |   |   |          |   |   |          |

| (a)   | We recognized $42 million, $88 million and $8 million of interest income for the three months ended March 31, 2011, the year ended December 31, 2010 and the three months ended March 31, 2010, respectively, principally on a cash basis. A substantial majority of this amount was related to income recognized in our CLL Americas business. The total average investment in impaired loans for the three months ended March 31, 2010, was $5,012 million. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Commercial                       | Secured |
|----------------------------------|---------|
| (In millions)                    | A       |   | B |   | C |   | Total |
|                             |    |   |   |   |   |   |   |   |   |   |   |
| March 31, 2011                   |    |   |   |   |   |   |   |   |   |   |   |
|                             |    |   |   |   |   |   |   |   |   |   |   |
| CLL                              |    |   |   |   |   |   |   |   |   |   |   |
|     Americas | $       | 76,035  |   | $ | 2,852  |   | $ | 3,989  |   | $ | 82,876  |
|     Europe   |    | 33,136  |   |   | 991  |   |   | 1,374  |   |   | 35,501  |
|     Asia     |    | 10,405  |   |   | 187  |   |   | 752  |   |   | 11,344  |
|     Other    |    | 2,459  |   |   | 62  |   |   | 47  |   |   | 2,568  |
| Total CLL                        |    | 122,035  |   |   | 4,092  |   |   | 6,162  |   |   | 132,289  |
|                             |    |   |   |   |   |   |   |   |   |   |   |
| Energy Financial Services        |    | 6,500  |   |   | 153  |   |   | 9  |   |   | 6,662  |
|                             |    |   |   |   |   |   |   |   |   |   |   |
| GECAS                            |    | 10,708  |   |   | 1,077  |   |   | 319  |   |   | 12,104  |
|                             |    |   |   |   |   |   |   |   |   |   |   |
| Other                            |    | 1,640  |   |   | –  |   |   | –  |   |   | 1,640  |
| Total                            | $       | 140,883  |   | $ | 5,322  |   | $ | 6,490  |   | $ | 152,695  |

| December 31, 2010                |   |          |   |   |          |   |   |          |   |   |          |
|----------------------------------|--------|---------------|--------|--------|---------------|--------|--------|---------------|--------|--------|---------------|
|                             |   |          |   |   |          |   |   |          |   |   |          |
| CLL                              |   |          |   |   |          |   |   |          |   |   |          |
|     Americas | $      | 76,977   |   | $      | 4,103    |   | $      | 5,516    |   | $      | 86,596   |
|     Europe   |   | 33,642   |   |   | 840      |   |   | 1,262    |   |   | 35,744   |
|     Asia     |   | 10,777   |   |   | 199      |   |   | 766      |   |   | 11,742   |
|     Other    |   | 2,506    |   |   | 66       |   |   | 54       |   |   | 2,626    |
| Total CLL                        |   | 123,902  |   |   | 5,208    |   |   | 7,598    |   |   | 136,708  |
|                             |   |          |   |   |          |   |   |          |   |   |          |
| Energy Financial Services        |   | 6,775    |   |   | 183      |   |   | 53       |   |   | 7,011    |
|                             |   |          |   |   |          |   |   |          |   |   |          |
| GECAS                            |   | 11,034   |   |   | 1,193    |   |   | 388      |   |   | 12,615   |
|                             |   |          |   |   |          |   |   |          |   |   |          |
| Other                            |   | 1,788    |   |   | –  |   |   | –  |   |   | 1,788    |
| Total                            | $      | 143,499  |   | $      | 6,584    |   | $      | 8,039    |   | $      | 158,122  |

----

| Real Estate                                                          | Financing receivables at |         |
|----------------------------------------------------------------------|--------------------------|--------------|
|                                                                 | March 31,                |         | December 31, |   |
| (In millions)                                                        | 2011                |         | 2010  |   |
|                                                                 |                     |         |   |   |   |   |
| Debt                                                                 | $                        | 29,474  |   | $ | 30,249  |   |
| Business Properties                                                  |                     | 9,548   |   |   | 9,962  |   |
|                                                                 |                     |         |   |   |   |   |
| Total Real Estate financing receivables, before allowance for losses | $                        | 39,022  |   | $ | 40,211  |   |
|                                                                 |                     |         |   |   |   |   |
| Non-impaired financing receivables                                   | $                        | 28,572  |   | $ | 30,394  |   |
| General reserves                                                     |                     | 301     |   |   | 338  |   |
|                                                                 |                     |         |   |   |   |   |
| Impaired loans                                                       |                     | 10,450  |   |   | 9,817  |   |
| Specific reserves                                                    |                     | 998     |   |   | 1,150  |   |
|                                                                 |                     |         |   |   |   |   |

| Real Estate         |   | March 31, 2011 |   |         | December 31, 2010 |   |
|---------------------|--------|----------------|--------|--------------|-------------------|--------|
|                |   | Over 30 days   |   | Over 90 days |              |   | Over 30 days |   | Over 90 days |   |
|                |   | past due       |   | past due     |              |   | past due |   | past due |   |
|                |   |           |   |         |              |   |   |   |   |   |   |   |
| Debt                |   | 4.0       | %      |         | 3.4          | %      |   | 4.3  | % |   | 4.1  | % |
| Business Properties |   | 4.2       |   |         | 3.9          |   |   | 4.6  |   |   | 3.9  |   |
| Total               |   | 4.1       |   |         | 3.5          |   |   | 4.4  |   |   | 4.0  |   |

----

| Real Estate                     | Nonaccrual financing receivables at |         | Nonearning financing receivables at |   |
|---------------------------------|-------------------------------------|--------------|-------------------------------------|--------|
|                            | March 31,                           |         | December 31,                        |   | March 31, |   | December 31, |   |
| (Dollars in millions)           | 2011                           |         | 2010                           |   | 2011  |   | 2010  |   |
|                            |                                |         |                                |   |   |   |   |   |   |   |   |   |
| Debt                            | $                                   | 9,603   |                                | $      | 9,039  |   | $ | 769  |   | $ | 961  |   |
| Business Properties             |                                | 705     |                                |   | 680  |   |   | 368  |   |   | 386  |   |
| Total                           | $                                   | 10,308  |                                | $      | 9,719  |   | $ | 1,137  |   | $ | 1,347  |   |
|                            |                                |         |                                |   |   |   |   |   |   |   |   |   |
| Allowance for losses percentage |                                | 12.6    | %                                   |   | 15.3  | % |   | 114.2  | % |   | 110.5  | % |
|                            |                                |         |                                |   |   |   |   |   |   |   |   |   |

| Real Estate(a)      | With no specific allowance |        | With a specific allowance |
|---------------------|----------------------------|-------------|---------------------------|
|                | Recorded                   |        | Unpaid                    |   | Average |   | Recorded |   | Unpaid |   |   |   | Average |
|                | investment                 |        | principal                 |   | investment |   | investment |   | principal |   | Associated |   | investment |
| (In millions)       | in loans                   |        | balance                   |   | in loans |   | in loans |   | balance |   | allowance |   | in loans |
|                |                       |        |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| March 31, 2011      |                       |        |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                |                       |        |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Debt                | $                          | 3,752  |                      | $ | 3,841  |   | $ | 3,283  |   | $ | 5,993  |   | $ | 6,077  |   | $ | 866  |   | $ | 6,158  |
| Business Properties |                       | 208    |                      |   | 208  |   |   | 199  |   |   | 497  |   |   | 498  |   |   | 132  |   |   | 493  |
| Total               | $                          | 3,960  |                      | $ | 4,049  |   | $ | 3,482  |   | $ | 6,490  |   | $ | 6,575  |   | $ | 998  |   | $ | 6,651  |
|                |                       |        |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| December 31, 2010   |   |        |   |   |        |   |   |        |   |   |        |   |   |        |   |   |        |   |   |        |
|---------------------|--------|-------------|--------|--------|-------------|--------|--------|-------------|--------|--------|-------------|--------|--------|-------------|--------|--------|-------------|--------|--------|-------------|
|                |   |        |   |   |        |   |   |        |   |   |        |   |   |        |   |   |        |   |   |        |
| Debt                | $      | 2,814  |   | $      | 2,873  |   | $      | 1,598  |   | $      | 6,323  |   | $      | 6,498  |   | $      | 1,007  |   | $      | 6,116  |
| Business Properties |   | 191    |   |   | 213    |   |   | 141    |   |   | 489    |   |   | 476    |   |   | 143    |   |   | 382    |
| Total               | $      | 3,005  |   | $      | 3,086  |   | $      | 1,739  |   | $      | 6,812  |   | $      | 6,974  |   | $      | 1,150  |   | $      | 6,498  |
|                |   |        |   |   |        |   |   |        |   |   |        |   |   |        |   |   |        |   |   |        |
|                |   |        |   |   |        |   |   |        |   |   |        |   |   |        |   |   |        |   |   |        |

| (a)   | We recognized $105 million, $189 million and $57 million of interest income for the three months ended March 31, 2011, the year ended December 31, 2010 and the three months ended March 31, 2010, respectively, principally on a cash basis. A substantial majority of this amount was related to our Real Estate-Debt portfolio. The total average investment in impaired loans for the three months ended March 31, 2010 was $6,999 million. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                |   |   |   | March 31, 2011       |         | December 31, 2010    |
|---------------------|--------|--------|--------|----------------------|--------------|----------------------|
|                |   |   |   | Loan-to-value ratio  |         | Loan-to-value ratio  |
|                |   |   |   | Less than            |         | 80% to               |   | Greater than |   | Less than |   | 80% to |   | Greater than |
| (In millions)       |   |   |   | 80%                  |         | 95%                  |   | 95% |   | 80% |   | 95% |   | 95% |
|                |   |   |   |                 |         |                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Debt                |   |   |   | $                    | 14,858  |                 | $ | 6,942  |   | $ | 7,674  |   | $ | 12,362  |   | $ | 9,392  |   | $ | 8,495  |
|                |   |   |   |                 |         |                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                |   |   |   | March 31, 2011       |         | December 31, 2010    |
|                |   |   |   | Internal Risk Rating |         | Internal Risk Rating |
| (In millions)       |   |   |   | A                    |         | B                    |   | C |   | A |   | B |   | C |
|                |   |   |   |                 |         |                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Business Properties |   |   |   | $                    | 8,473   |                 | $ | 431  |   | $ | 644  |   | $ | 8,746  |   | $ | 437  |   | $ | 779  |

| Consumer                                                          | Financing receivables at |          |
|-------------------------------------------------------------------|--------------------------|---------------|
|                                                              | March 31,                |          | December 31, |   |
| (In millions)                                                     | 2011                |          | 2010  |   |
|                                                              |                     |          |   |   |   |   |
| Non-U.S. residential mortgages                                    | $                        | 45,436   |   | $ | 45,536  |   |
| Non-U.S. installment and revolving credit                         |                     | 20,235   |   |   | 20,132  |   |
| U.S. installment and revolving credit                             |                     | 41,282   |   |   | 43,974  |   |
| Non-U.S. auto                                                     |                     | 7,295    |   |   | 7,558  |   |
| Other                                                             |                     | 8,231    |   |   | 8,304  |   |
| Total Consumer financing receivables, before allowance for losses | $                        | 122,479  |   | $ | 125,504  |   |
|                                                              |                     |          |   |   |   |   |
| Non-impaired financing receivables                                | $                        | 119,792  |   | $ | 122,956  |   |
| General reserves                                                  |                     | 3,739    |   |   | 3,970  |   |
|                                                              |                     |          |   |   |   |   |
| Impaired loans                                                    |                     | 2,687    |   |   | 2,548  |   |
| Specific reserves                                                 |                     | 565      |   |   | 555  |   |
|                                                              |                     |          |   |   |   |   |
|                                                              |                     |          |   |   |   |   |

----

| Consumer                                  |   | March 31, 2011 |   |   | December 31, 2010 |   |
|-------------------------------------------|--------|----------------|--------|--------|-------------------|--------|
|                                      |   | Over 30 days   |   |   | Over 90 days      |   |   | Over 30 days |   |   | Over 90 days |   |
|                                      |   | past due       |   |   | past due(a)       |   |   | past due |   |   | past due(a) |   |
|                                      |   |           |   |   |              |   |   |   |   |   |   |   |
| Non-U.S. residential mortgages            |   | 13.1      | %      |   | 8.7          | %      |   | 13.3  | % |   | 8.4  | % |
| Non-U.S. installment and revolving credit |   | 4.6       |   |   | 1.3          |   |   | 4.5  |   |   | 1.3  |   |
| U.S. installment and revolving credit     |   | 5.7       |   |   | 2.6          |   |   | 6.2  |   |   | 2.8  |   |
| Non-U.S. auto                             |   | 3.4       |   |   | 0.5          |   |   | 3.3  |   |   | 0.6  |   |
| Other                                     |   | 4.5       |   |   | 2.6          |   |   | 4.2  |   |   | 2.3  |   |
| Total                                     |   | 8.1       |   |   | 4.5          |   |   | 8.2  |   |   | 4.4  |   |
|                                      |   |           |   |   |              |   |   |   |   |   |   |   |
|                                      |   |           |   |   |              |   |   |   |   |   |   |   |

| (a) | Included $297 million and $268 million of loans at March 31, 2011 and December 31, 2010, respectively, which are over 90 days past due and accruing interest. A substantial majority of these loans are covered by third-party mortgage insurance, which provide for payment of principal and interest on the underlying loan. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Consumer                                 | Nonaccrual financing receivables at |        | Nonearning financing receivables at |   |
|------------------------------------------|-------------------------------------|-------------|-------------------------------------|--------|
|                                     | March 31,                           |        | December 31,                        |   | March 31, |   | December 31, |   |
| (Dollars in millions)                    | 2011                           |        | 2010                           |   | 2011  |   | 2010  |   |
|                                     |                                |        |                                |   |   |   |   |   |   |   |   |   |
| Non-U.S. residential                     |                                |        |                                |   |   |   |   |   |   |   |   |   |
|    mortgages              | $                                   | 4,115  |                                | $      | 4,059  |   | $ | 3,927  |   | $ | 3,812  |   |
| Non-U.S. installment                     |                                |        |                                |   |   |   |   |   |   |   |   |   |
|     and revolving    |                                |        |                                |   |   |   |   |   |   |   |   |   |
|     credit           |                                | 296    |                                |   | 302  |   |   | 295  |   |   | 289  |   |
| U.S. installment and                     |                                |        |                                |   |   |   |   |   |   |   |   |   |
|     revolving credit |                                | 1,004  |                                |   | 1,201  |   |   | 1,004  |   |   | 1,201  |   |
| Non-U.S. auto                            |                                | 41     |                                |   | 46  |   |   | 41  |   |   | 46  |   |
| Other                                    |                                | 580    |                                |   | 600  |   |   | 462  |   |   | 478  |   |
| Total                                    | $                                   | 6,036  |                                | $      | 6,208  |   | $ | 5,729  |   | $ | 5,826  |   |
|                                     |                                |        |                                |   |   |   |   |   |   |   |   |   |
| Allowance for losses percentage          |                                | 71.3   | %                                   |   | 72.9  | % |   | 75.1  | % |   | 77.7  | % |
|                                     |                                |        |                                |   |   |   |   |   |   |   |   |   |

----

|                           | March 31, 2011      |         | December 31, 2010   |
|--------------------------------|---------------------|--------------|---------------------|
|                           | Loan-to-value ratio |         | Loan-to-value ratio |
|                           | 80% or              |         | Greater than        |   | Greater than |   | 80% or |   | Greater than |   | Greater than |
| (In millions)                  | less                |         | 80% to 90%          |   | 90% |   | less |   | 80% to 90% |   | 90% |
|                           |                |         |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-U.S. residential mortgages | $                   | 25,329  |                | $ | 7,483  |   | $ | 12,624  |   | $ | 25,393  |   | $ | 7,515  |   | $ | 12,628  |

|                                     | Internal ratings translated to approximate credit bureau equivalent score |
|------------------------------------------|---------------------------------------------------------------------------|
|                                     | March 31, 2011                                                            |   | December 31, 2010 |
|                                     | 681 or                                                                    |   | 615 to |   | 614 or |   | 681 or |   | 615 to |   | 614 or |
| (In millions)                            | higher                                                                    |   | 680  |   | less |   | higher |   | 680  |   | less |
|                                     |                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-U.S. installment and                 |                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     revolving credit | $                                                                         | 10,468  |   | $ | 5,632  |   | $ | 4,135  |   | $ | 10,192  |   | $ | 5,749  |   | $ | 4,191  |
| U.S. installment and                     |                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     revolving credit |                                                                      | 24,343  |   |   | 8,521  |   |   | 8,418  |   |   | 25,940  |   |   | 8,846  |   |   | 9,188  |
| Non-U.S. auto                            |                                                                      | 4,775  |   |   | 1,599  |   |   | 921  |   |   | 5,379  |   |   | 1,330  |   |   | 849  |

----

----

|                       |       |          | Consolidated Securitization Entities (a) |   |          |   |        |
|----------------------------|------------|---------------|------------------------------------------|--------|---------------|--------|-------------|
|                       |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                       |       |          |                                     | Credit |          |   |        |   |   |   |   | Trade |   |   |   |   |   |   |
| (In millions)              | Trinity(b) |          | Cards(c)                                 |   | Equipment(d)  |   | Real Estate |   | Receivables |   | Other(d) |   | Total |
|                       |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| March 31, 2011             |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Assets(e)                  |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Financing receivables, net | $          | –  |                                     | $      | 16,827   |   | $           | 10,080  |   | $ | 4,081  |   | $ | 2,439  |   | $ | 3,245  |   | $ | 36,672  |
| Investment securities      |       | 5,346    |                                     |   | –  |   |        | –  |   |   | –  |   |   | –  |   |   | 1,005  |   |   | 6,351  |
| Other assets               |       | 156      |                                     |   | 17       |   |        | 249  |   |   | 207  |   |   | 25  |   |   | 2,283  |   |   | 2,937  |
| Total                      | $          | 5,502    |                                     | $      | 16,844   |   | $           | 10,329  |   | $ | 4,288  |   | $ | 2,464  |   | $ | 6,533  |   | $ | 45,960  |
|                       |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities(e)             |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Borrowings                 | $          | –  |                                     | $      | –  |   | $           | 167  |   | $ | 25  |   | $ | –  |   | $ | 908  |   | $ | 1,100  |
| Non-recourse borrowings    |       | –  |                                     |   | 12,725   |   |        | 8,302  |   |   | 4,150  |   |   | 2,304  |   |   | 1,271  |   |   | 28,752  |
| Other liabilities          |       | 5,488    |                                     |   | 92       |   |        | 51  |   |   | 3  |   |   | 279  |   |   | 830  |   |   | 6,743  |
| Total                      | $          | 5,488    |                                     | $      | 12,817   |   | $           | 8,520  |   | $ | 4,178  |   | $ | 2,583  |   | $ | 3,009  |   | $ | 36,595  |
|                       |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| December 31, 2010          |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Assets(e)                  |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Financing receivables, net | $          | –  |                                     | $      | 20,570   |   | $           | 9,431  |   | $ | 4,233  |   | $ | 1,882  |   | $ | 3,356  |   | $ | 39,472  |
| Investment securities      |       | 5,706    |                                     |   | –  |   |        | –  |   |   | –  |   |   | –  |   |   | 964  |   |   | 6,670  |
| Other assets               |       | 283      |                                     |   | 17       |   |        | 234  |   |   | 209  |   |   | 99  |   |   | 2,198  |   |   | 3,040  |
| Total                      | $          | 5,989    |                                     | $      | 20,587   |   | $           | 9,665  |   | $ | 4,442  |   | $ | 1,981  |   | $ | 6,518  |   | $ | 49,182  |
|                       |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities(e)             |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Borrowings                 | $          | –  |                                     | $      | –  |   | $           | 184  |   | $ | 25  |   | $ | –  |   | $ | 925  |   | $ | 1,134  |
| Non-recourse borrowings    |       | –  |                                     |   | 12,824   |   |        | 8,091  |   |   | 4,294  |   |   | 2,970  |   |   | 1,265  |   |   | 29,444  |
| Other liabilities          |       | 5,690    |                                     |   | 132      |   |        | 8  |   |   | 4  |   |   | –  |   |   | 825  |   |   | 6,659  |
| Total                      | $          | 5,690    |                                     | $      | 12,956   |   | $           | 8,283  |   | $ | 4,323  |   | $ | 2,970  |   | $ | 3,015  |   | $ | 37,237  |
|                       |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                       |       |          |                                     |   |          |   |        |   |   |   |   |   |   |   |   |   |   |   |   |   |

| (a)   | Includes entities consolidated on January 1, 2010 by the initial application of ASU 2009-16 & 17. On January 1, 2010, we consolidated financing receivables of $39,463 million and investment securities of $1,015 million and non-recourse borrowings of $36,112 million. At March 31, 2011, financing receivables of $29,448 million and non-recourse borrowings of $24,482 million remained outstanding in respect of those entities. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Contractual credit and liquidity support provided to those entities was $1,364 million at March 31, 2011 and $1,508 million at December 31, 2010. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | In February 2011, the capital structure of a consolidated credit card securitization entity changed and it is now consolidated under the voting interest model and accordingly is no longer reported in the table above. The entity’s assets and liabilities at December 31, 2010 were $2,875 million and $525 million, respectively. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | In certain transactions entered into prior to December 31, 2004, we provided contractual credit and liquidity support to third parties who funded the purchase of securitized or participated interests in assets. We have not entered into additional arrangements since that date. Liquidity and credit support was $91 million at March 31, 2011 and $936 million at December 31, 2010. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Asset amounts exclude intercompany receivables for cash collected on behalf of the entities by GE as servicer, which are eliminated in consolidation. Such receivables provide the cash to repay the entities’ liabilities. If these intercompany receivables were included in the table above, assets would be higher. In addition other assets, borrowings and other liabilities exclude intercompany balances that are eliminated in consolidation. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                              | At             |
|---------------------------------------------------|----------------|
|                                              | March 31, 2011 |   | December 31, 2010 |
| (In millions)                                     | PTL            |   | All other |   | Total |   | PTL |   | All other |   | Total |
|                                              |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other assets and investment                       |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     securities                | $              | 6,126  |   | $ | 4,868  |   | $ | 10,994  |   | $ | 5,790  |   | $ | 4,580  |   | $ | 10,370  |
| Financing receivables – net                 |           | –   |   |   | 2,210  |   |   | 2,210  |   |   | –   |   |   | 2,240  |   |   | 2,240  |
| Total investments                                 |           | 6,126  |   |   | 7,078  |   |   | 13,204  |   |   | 5,790  |   |   | 6,820  |   |   | 12,610  |
| Contractual obligations to fund                   |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     investments or guarantees |           | 600  |   |   | 2,288  |   |   | 2,888  |   |   | 600  |   |   | 1,981  |   |   | 2,581  |
| Revolving lines of credit                         |           | 2,119  |   |   | –   |   |   | 2,119  |   |   | 2,431  |   |   | –   |   |   | 2,431  |
| Total                                             | $              | 8,845  |   | $ | 9,366  |   | $ | 18,211  |   | $ | 8,821  |   | $ | 8,801  |   | $ | 17,622  |
|                                              |           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

----

----

|                             |   |   | Three months ended March 31, |
|----------------------------------|--------|--------|------------------------------|
| (In millions)                    |   |   |                         |   | 2011  |   | 2010  |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
| Revenues                         |   |   |                         |   |   |   | $ | 4,608  |   | $ | 4,594  |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
| Segment profit                   |   |   |                         |   |   |   | $ | 554  |   | $ | 232  |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
|                             |   |   | At                           |
|                             |   |   | March 31,                    |   | December 31, |   | March 31, |
| (In millions)                    |   |   | 2011                    |   | 2010  |   | 2010  |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
| Total assets                     |   |   |                         | $ | 197,467  |   | $ |  202,650  |   | $ | 212,752  |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
|                             |   |   | Three months ended March 31, |
| (In millions)                    |   |   |                         |   | 2011  |   | 2010  |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
| Revenues                         |   |   |                         |   |   |   |   |   |   |   |   |
|     Americas |   |   |                         |   |   |   | $ | 2,545  |   | $ | 2,416  |
|     Europe   |   |   |                         |   |   |   |   | 965  |   |   | 1,104  |
|     Asia     |   |   |                         |   |   |   |   | 559  |   |   | 537  |
|     Other    |   |   |                         |   |   |   |   | 539  |   |   | 537  |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
| Segment profit                   |   |   |                         |   |   |   |   |   |   |   |   |
|     Americas |   |   |                         |   |   |   | $ | 449  |   | $ | 249  |
|     Europe   |   |   |                         |   |   |   |   | 91  |   |   | 81  |
|     Asia     |   |   |                         |   |   |   |   | 33  |   |   | 18  |
|     Other    |   |   |                         |   |   |   |   | (19) |   |   | (116) |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
|                             |   |   | At                           |
|                             |   |   | March 31,                    |   | December 31, |   | March 31, |
| (In millions)                    |   |   | 2011                    |   | 2010  |   | 2010  |
|                             |   |   |                         |   |   |   |   |   |   |   |   |
| Total assets                     |   |   |                         |   |   |   |   |   |   |   |   |
|     Americas |   |   |                         | $ | 111,145  |   | $ | 114,685  |   | $ | 122,899  |
|     Europe   |   |   |                         |   | 48,555  |   |   | 50,026  |   |   | 50,805  |
|     Asia     |   |   |                         |   | 17,795  |   |   | 18,269  |   |   | 18,821  |
|     Other    |   |   |                         |   | 19,972  |   |   | 19,670  |   |   | 20,227  |
|                             |   |   |                         |   |   |   |   |   |   |   |   |

----

|           |   |   | Three months ended March 31, |
|----------------|--------|--------|------------------------------|
| (In millions)  |   |   |                         |   | 2011  |   | 2010  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Revenues       |   |   |                         |   |   |   | $ | 4,941  |   | $ | 4,564  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Segment profit |   |   |                         |   |   |   | $ | 1,257  |   | $ | 569  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
|           |   |   |                         |   |   |   |   |   |   |   |   |
|           |   |   | At                           |
|           |   |   | March 31,                    |   | December 31, |   | March 31, |
| (In millions)  |   |   | 2011                    |   | 2010  |   | 2010  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Total assets   |   |   |                         | $ | 147,474  |   | $ | 152,839  |   | $ | 158,855  |
|           |   |   |                         |   |   |   |   |   |   |   |   |

|           |   |   | Three months ended March 31, |
|----------------|--------|--------|------------------------------|
| (In millions)  |   |   |                         |   | 2011  |   | 2010  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Revenues       |   |   |                         |   |   |   | $ | 907  |   | $ | 944  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Segment profit |   |   |                         |   |   |   | $ | (358) |   | $ | (403) |
|           |   |   |                         |   |   |   |   |   |   |   |   |
|           |   |   |                         |   |   |   |   |   |   |   |   |
|           |   |   | At                           |
|           |   |   | March 31,                    |   | December 31, |   | March 31, |
| (In millions)  |   |   | 2011                    |   | 2010  |   | 2010  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Total assets   |   |   |                         | $ | 70,934  |   | $ |  72,630  |   | $ | 82,637  |
|           |   |   |                         |   |   |   |   |   |   |   |   |

----

|           |   |   | Three months ended March 31, |
|----------------|--------|--------|------------------------------|
| (In millions)  |   |   |                         |   | 2011  |   | 2010  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Revenues       |   |   |                         |   |   |   | $ | 345  |   | $ | 791  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Segment profit |   |   |                         |   |   |   | $ | 112  |   | $ | 153  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
|           |   |   |                         |   |   |   |   |   |   |   |   |
|           |   |   | At                           |
|           |   |   | March 31,                    |   | December 31, |   | March 31, |
| (In millions)  |   |   | 2011                    |   | 2010  |   | 2010  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Total assets   |   |   |                         | $ | 18,821  |   | $ |  19,549  |   | $ | 22,909  |
|           |   |   |                         |   |   |   |   |   |   |   |   |

|           |   |   | Three months ended March 31, |
|----------------|--------|--------|------------------------------|
| (In millions)  |   |   |                         |   | 2011  |   | 2010  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Revenues       |   |   |                         |   |   |   | $ | 1,325  |   | $ | 1,239  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Segment profit |   |   |                         |   |   |   | $ | 306  |   | $ | 317  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
|           |   |   |                         |   |   |   |   |   |   |   |   |
|           |   |   | At                           |
|           |   |   | March 31,                    |   | December 31, |   | March 31, |
| (In millions)  |   |   | 2011                    |   | 2010  |   | 2010  |
|           |   |   |                         |   |   |   |   |   |   |   |   |
| Total assets   |   |   |                         | $ | 48,560  |   | $ |  49,106  |   | $ | 48,475  |
|           |   |   |                         |   |   |   |   |   |   |   |   |

----

|                                             |   |   | Three months ended March 31, |
|--------------------------------------------------|--------|--------|------------------------------|
| (In millions)                                    |   |   |                         |   | 2011  |   | 2010  |
|                                             |   |   |                         |   |   |   |   |   |   |   |   |
| Earnings (loss) from discontinued operations,    |   |   |                         |   |   |   |   |   |   |   |   |
|       net of taxes |   |   |                         |   |   |   | $ | 19  |   | $ | (363) |

| ·   | Repayments exceeded new issuances of total borrowings by $18.2 billion and collections on financing receivables exceeded originations by $12.3 billion; and |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The U.S. dollar was weaker at March 31, 2011 than at December 31, 2010, increasing the translated levels of our non-U.S. dollar assets and liabilities. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

----

----

|                                                   | Financing receivables at |          | Nonearning receivables at |   | Allowance for losses at |
|--------------------------------------------------------|--------------------------|---------------|---------------------------|--------|-------------------------|
|                                                   | March 31,                |          | December 31,              |   | March 31,               |   | December 31, |   | March 31, |   | December 31, |
| (In millions)                                          | 2011                |          | 2010                 |   | 2011               |   | 2010  |   | 2011  |   | 2010  |
|                                                   |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Commercial                                             |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| CLL                                                    |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Americas                                               | $                        | 82,876   |                      | $      | 86,596             |   | $ | 2,395  |   | $ | 2,571  |   | $ | 1,254  |   | $ | 1,287  |
| Europe                                                 |                     | 37,093   |                      |   | 37,498             |   |   | 1,209  |   |   | 1,241  |   |   | 443  |   |   | 429  |
| Asia                                                   |                     | 11,545   |                      |   | 11,943             |   |   | 346  |   |   | 406  |   |   | 228  |   |   | 222  |
| Other                                                  |                     | 2,568    |                      |   | 2,626              |   |   | 8  |   |   | 8  |   |   | 6  |   |   | 7  |
| Total CLL                                              |                     | 134,082  |                      |   | 138,663            |   |   | 3,958  |   |   | 4,226  |   |   | 1,931  |   |   | 1,945  |
|                                                   |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Energy                                                 |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|   Financial                                  |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|      Services                 |                     | 6,662    |                      |   | 7,011              |   |   | 162  |   |   | 62  |   |   | 36  |   |   | 22  |
|                                                   |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| GECAS                                                  |                     | 12,104   |                      |   | 12,615             |   |   | 16  |   |   | –  |   |   | 12  |   |   | 20  |
|                                                   |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Other                                                  |                     | 1,640    |                      |   | 1,788              |   |   | 99  |   |   | 102  |   |   | 55  |   |   | 58  |
| Total                                                  |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|   Commercial                                 |                     | 154,488  |                      |   | 160,077            |   |   | 4,235  |   |   | 4,390  |   |   | 2,034  |   |   | 2,045  |
|                                                   |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Real Estate                                            |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Debt(a)                                                |                     | 29,474   |                      |   | 30,249             |   |   | 769  |   |   | 961  |   |   | 1,118  |   |   | 1,292  |
| Business                                               |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|   Properties(b)                              |                     | 9,548    |                      |   | 9,962              |   |   | 368  |   |   | 386  |   |   | 181  |   |   | 196  |
| Total Real Estate                                      |                     | 39,022   |                      |   | 40,211             |   |   | 1,137  |   |   | 1,347  |   |   | 1,299  |   |   | 1,488  |
|                                                   |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Consumer                                               |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-U.S.                                               |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|   residential                                |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|     mortgages(c)                   |                     | 45,436   |                      |   | 45,536             |   |   | 3,927  |   |   | 3,812  |   |   | 842  |   |   | 828  |
| Non-U.S.                                               |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|     installment                    |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|       and revolving      |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|         credit |                     | 20,235   |                      |   | 20,132             |   |   | 295  |   |   | 289  |   |   | 930  |   |   | 937  |
| U.S. installment                                       |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|   and revolving                              |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|     credit                         |                     | 41,282   |                      |   | 43,974             |   |   | 1,004  |   |   | 1,201  |   |   | 2,141  |   |   | 2,333  |
| Non-U.S. auto                                          |                     | 7,295    |                      |   | 7,558              |   |   | 41  |   |   | 46  |   |   | 152  |   |   | 168  |
| Other                                                  |                     | 8,231    |                      |   | 8,304              |   |   | 462  |   |   | 478  |   |   | 239  |   |   | 259  |
| Total Consumer                                         |                     | 122,479  |                      |   | 125,504            |   |   | 5,729  |   |   | 5,826  |   |   | 4,304  |   |   | 4,525  |
| Total                                                  | $                        | 315,989  |                      | $      | 325,792            |   | $ | 11,101  |   | $ | 11,563  |   | $ | 7,637  |   | $ | 8,058  |
|                                                   |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                   |                     |          |                      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |

|  (a) | Financing receivables included $183 million and $218 million of construction loans at March 31, 2011 and December 31, 2010, respectively. |
|-----------|-------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Our Business Properties portfolio is underwritten primarily by the credit quality of the borrower and secured by tenant and owner-occupied commercial properties. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | At March 31, 2011, net of credit insurance, approximately 24% of our secured Consumer non-U.S. residential mortgage portfolio comprised loans with introductory, below market rates that are scheduled to adjust at future dates; with high loan-to-value ratios at inception (greater than 90%); whose terms permitted interest-only payments; or whose terms resulted in negative amortization. At origination, we underwrite loans with an adjustable rate to the reset value. Of these loans, 81% are in our U.K. and France portfolios, which comprise mainly loans with interest-only payments and introductory below market rates, have a delinquency rate of 15%, have a loan-to-value ratio at origination of 76% and have re-indexed loan-to-value ratios of 84% and 58%, respectively. At March 31, 2011, 4% (based on dollar values) of these loans in our U.K. and France portfolios have been restructured. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

|                                       | Nonearning financing receivables |   |   | Allowance for losses             |   |   | Allowance for losses        |   |
|--------------------------------------------|----------------------------------|--------|--------|----------------------------------|--------|--------|-----------------------------|--------|
|                                       | as a percent of                  |   |   | as a percent of                  |   |   | as a percent of             |   |
|                                       | financing receivables            |   |   | nonearning financing receivables |   |   | total financing receivables |   |
|                                       | March 31,                        |   |   | December 31,                     |   |   | March 31,                   |   |   | December 31, |   |   | March 31, |   |   | December 31, |   |
|                                       | 2011                        |   |   | 2010                        |   |   | 2011                   |   |   | 2010  |   |   | 2011  |   |   | 2010  |   |
| Commercial                                 |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| CLL                                        |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Americas                                   |  2.9                   | %      |   |  3.0                   | %      |   |  52.4             | %      |   |  50.1  | % |   |  1.5  | % |   |  1.5  | % |
| Europe                                     |  3.3                   |   |   |  3.3                   |   |   |  36.6             |   |   |  34.6  |   |   |  1.2  |   |   |  1.1  |   |
| Asia                                       |  3.0                   |   |   |  3.4                   |   |   |  65.9             |   |   |  54.7  |   |   |  2.0  |   |   |  1.9  |   |
| Other                                      |  0.3                   |   |   |  0.3                   |   |   |  75.0             |   |   |  87.5  |   |   |  0.2  |   |   |  0.3  |   |
| Total CLL                                  |  3.0                   |   |   |  3.0                   |   |   |  48.8             |   |   |  46.0  |   |   |  1.4  |   |   |  1.4  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Energy                                     |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|   Financial                      |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|     Services           |  2.4                   |   |   |  0.9                   |   |   |  22.2             |   |   |  35.5  |   |   |  0.5  |   |   |  0.3  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| GECAS                                      |  0.1                   |   |   |  –               |   |   |  75.0             |   |   |  –   |   |   |  0.1  |   |   |  0.2  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Other                                      |  6.0                   |   |   |  5.7                   |   |   |  55.6             |   |   |  56.9  |   |   |  3.4  |   |   |  3.2  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Total                                      |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|   Commercial                     |  2.7                   |   |   |  2.7                   |   |   |  48.0             |   |   |  46.6  |   |   |  1.3  |   |   |  1.3  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Real Estate                                |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Debt                                       |  2.6                   |   |   |  3.2                   |   |   |  145.4            |   |   |  134.4  |   |   |  3.8  |   |   |  4.3  |   |
| Business                                   |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|   Properties                     |  3.9                   |   |   |  3.9                   |   |   |  49.2             |   |   |  50.8  |   |   |  1.9  |   |   |  2.0  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Total Real Estate                          |  2.9                   |   |   |  3.3                   |   |   |  114.2            |   |   |  110.5  |   |   |  3.3  |   |   |  3.7  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Consumer                                   |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Non-U.S.                                   |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|   residential                    |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|     mortgages          |  8.6                   |   |   |  8.4                   |   |   |  21.4             |   |   |  21.7  |   |   |  1.9  |   |   |  1.8  |   |
| Non-U.S.                                   |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|   installment and                |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|     revolving          |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|       credit |  1.5                   |   |   |  1.4                   |   |   |  315.3            |   |   |  324.2  |   |   |  4.6  |   |   |  4.7  |   |
| U.S. installment                           |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|  and revolving                        |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
|     credit             |  2.4                   |   |   |  2.7                   |   |   |  213.2            |   |   |  194.3  |   |   |  5.2  |   |   |  5.3  |   |
| Non-U.S. auto                              |  0.6                   |   |   |  0.6                   |   |   |  370.7            |   |   |  365.2  |   |   |  2.1  |   |   |  2.2  |   |
| Other                                      |  5.6                   |   |   |  5.8                   |   |   |  51.7             |   |   |  54.2  |   |   |  2.9  |   |   |  3.1  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Total Consumer                             |  4.7                   |   |   |  4.6                   |   |   |  75.1             |   |   |  77.7  |   |   |  3.5  |   |   |  3.6  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |
| Total                                      |  3.5                   |   |   |  3.5                   |   |   |  68.8             |   |   |  69.7  |   |   |  2.4  |   |   |  2.5  |   |
|                                       |                             |   |   |                             |   |   |                        |   |   |   |   |   |   |   |   |   |   |

----

----

----

|                      | Nonaccrual  |         | Nonearning  |
|---------------------------|-------------|--------------|-------------|
|                      | financing   |         | financing   |
| (In millions)             | receivables |         | receivables |
|                      |        |         |        |   |   |
| March 31, 2011            |        |         |        |   |   |
|                      |        |         |        |   |   |
| Commercial                |        |         |        |   |   |
| CLL                       | $           | 5,080   |        | $ | 3,958  |
| Energy Financial Services |        | 162     |        |   | 162  |
| GECAS                     |        | 16      |        |   | 16  |
| Other                     |        | 184     |        |   | 99  |
| Total Commercial          |        | 5,442   |        |   | 4,235  |
|                      |        |         |        |   |   |
| Real Estate               |        | 10,308  |        |   | 1,137  |
|                      |        |         |        |   |   |
| Consumer                  |        | 6,036   |        |   | 5,729  |
| Total                     | $           | 21,786  |        | $ | 11,101  |
|                      |        |         |        |   |   |

----

| (In millions)                                  | At         |
|------------------------------------------------|------------|
|                                           | March 31,  |   | December 31, |
|                                           | 2011  |   | 2010  |
| Loans requiring allowance for losses           |       |   |   |   |   |
|    Commercial(a)                | $          | 2,591  |   | $ | 2,733  |
|    Real Estate                  |       | 6,490  |   |   | 6,812  |
|    Consumer                     |       | 2,537  |   |   | 2,447  |
| Total loans requiring allowance for losses     |       | 11,618  |   |   | 11,992  |
|                                           |       |   |   |   |   |
| Loans expected to be fully recoverable         |       |   |   |   |   |
|    Commercial(a)                |       | 3,385  |   |   | 3,087  |
|    Real Estate                  |       | 3,960  |   |   | 3,005  |
|    Consumer                     |       | 150  |   |   | 101  |
| Total loans expected to be fully recoverable   |       | 7,495  |   |   | 6,193  |
| Total impaired loans                           | $          | 19,113  |   | $ | 18,185  |
|                                           |       |   |   |   |   |
| Allowance for losses (specific reserves)       |       |   |   |   |   |
|    Commercial(a)                | $          | 982  |   | $ | 1,031  |
|    Real Estate                  |       | 998  |   |   | 1,150  |
|    Consumer                     |       | 565  |   |   | 555  |
| Total allowance for losses (specific reserves) | $          | 2,545  |   | $ | 2,736  |
|                                           |       |   |   |   |   |
| Average investment during the period           | $          | 18,649  |   | $ | 15,538  |
| Interest income earned while impaired(b)       |       | 179  |   |   | 391  |
|                                           |       |   |   |   |   |
|                                           |       |   |   |   |   |

| (a) | Includes CLL, Energy Financial Services, GECAS and Other. |
|-----|-----------------------------------------------------------|

| (b) | Recognized principally on a cash basis. Interest income earned while impaired for the three months ended March 31, 2011, the year ended December 31, 2010 and the three months ended March 31, 2010, were $179 million, $391 million and $93 million, respectively. The total average investment in impaired loans for the three months ended March 31, 2010, was $13,563 million. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                              | At         |
|-----------------------------------|------------|
|                              | March 31,  |   | December 31, |
| (In millions)                     | 2011  |   | 2010  |
|                              |       |   |   |   |   |
| Method used to measure impairment |       |   |   |   |   |
| Discounted cash flow              | $          | 8,567  |   | $ | 7,644  |
| Collateral value                  |       | 10,546  |   |   | 10,541  |
| Total                             | $          | 19,113  |   | $ | 18,185  |

|        | March 31,  |   |   | December 31, |   |
|-------------|------------|--------|--------|--------------|--------|
|        | 2011  |   |   | 2010    |   |
|        |       |   |   |         |   |
| CLL         | 2.0   | %      |   | 2.1     | %      |
|        |       |   |   |         |   |
| Consumer    | 8.1   |   |   | 8.2     |   |
|        |       |   |   |         |   |
| Real Estate | 4.1   |   |   | 4.4     |   |
|        |       |   |   |         |   |

----

----

----

----

|   | Exhibit 12    | Computation of Ratio of Earnings to Fixed Charges and Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends.*                                                                                                          |
|--------|---------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Exhibit 31(a) | Certification Pursuant to Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended.*                                                                                                                                            |
|   | Exhibit 31(b) | Certification Pursuant to Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended.*                                                                                                                                            |
|   | Exhibit 32    | Certification Pursuant to 18 U.S.C. Section 1350.*                                                                                                                                                                                                        |
|   | Exhibit 99(a) | Financial Measures That Supplement Generally Accepted Accounting Principles.*                                                                                                                                                                             |
|   | Exhibit 99(b) | Computation of Ratio of Earnings to Fixed Charges (Incorporated by reference to Exhibit 12 to General Electric Capital Corporation’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2011 (Commission file number 001-06461)). |
|   |          |                                                                                                                                                                                                                                                      |
|   |          | * Filed electronically herewith.                                                                                                                                                                                                                          |

----

| General Electric Capital Services, Inc.(Registrant)   |
|-----------------------------------------------------------------|
| May 6, 2011                                                     |   | /s/ Jamie S. Miller |   |
| Date                                                            |   | Jamie S. MillerSenior Vice President and ControllerDuly Authorized Officer and Principal Accounting Officer |

----