|   |      |   |
|--------|-----------|--------|
|   | 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 June 30, 2010                                                     |
| 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 001-06461_____________________________ |
|                                                                                             |
| GENERAL ELECTRIC CAPITAL CORPORATION(Exact name of registrant as specified in its charter)       |

| Delaware                                                       |   | 13-1500700                           |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |
|                                                           |   |                                 |
| 901 Main Avenue, Norwalk, Connecticut                          |   | 06851-1168                           |
| (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 |
|                                 | Notes to Condensed, Consolidated Financial Statements (Unaudited)                           |   | 6 |
| Item 2.                              | Management’s Discussion and Analysis of Financial Condition and Results of Operations |   | 37 |
| Item 3.                              | Quantitative and Qualitative Disclosures About Market Risk                                  |   | 59 |
| Item 4.                              | Controls and Procedures                                                                     |   | 59 |
|                                 |                                                                                        |   |   |
| Part II – Other Information    |                                                                                        |   |
|                                 |                                                                                        |   |   |
| Item 1.                              | Legal Proceedings                                                                           |   | 59 |
| Item 6.                              | Exhibits                                                                                    |   | 61 |
| Signatures                           |                                                                                        | 62     |
|                                 |                                                                                        |   |

----

|                                                                  |               |
|-----------------------------------------------------------------------|--------------------|
|                                                                  | Three months ended |   | Six months ended |
|                                                                  | June 30            |   | June 30 |
| (In millions)                                                         |               | 2010  |   |   | 2009  |   |   | 2010  |   |   | 2009  |
|                                                                  |               |   |   |   |   |   |   |   |   |   |   |
| Revenues                                                              |               |   |   |   |   |   |   |   |   |   |   |
| Revenues from services (Note 9)                                       | $                  |  12,129  |   | $ |  12,531  |   | $ |  24,179  |   | $ |  26,033  |
| Sales of goods                                                        |               |  168  |   |   |  205  |   |   |  449  |   |   |  478  |
|    Total revenues                                      |               |  12,297  |   |   |  12,736  |   |   |  24,628  |   |   |  26,511  |
|                                                                  |               |   |   |   |   |   |   |   |   |   |   |
| Costs and expenses                                                    |               |   |   |   |   |   |   |   |   |   |   |
| Interest                                                              |               |  3,863  |   |   |  4,475  |   |   |  7,792  |   |   |  9,588  |
| Operating and administrative                                          |               |  3,636  |   |   |  3,495  |   |   |  7,313  |   |   |  7,397  |
| Cost of goods sold                                                    |               |  154  |   |   |  164  |   |   |  419  |   |   |  388  |
| Investment contracts, insurance losses and insurance annuity benefits |               |  38  |   |   |  45  |   |   |  73  |   |   |  118  |
| Provision for losses on financing receivables                         |               |  2,009  |   |   |  2,817  |   |   |  4,272  |   |   |  5,153  |
| Depreciation and amortization                                         |               |  1,856  |   |   |  1,946  |   |   |  3,780  |   |   |  4,126  |
|    Total costs and expenses                            |               |  11,556  |   |   |  12,942  |   |   |  23,649  |   |   |  26,770  |
|                                                                  |               |   |   |   |   |   |   |   |   |   |   |
| Earnings (loss) from continuing operations before income taxes        |               |  741  |   |   |  (206) |   |   |  979  |   |   |  (259) |
| Benefit for income taxes                                              |               |  76  |   |   |  654  |   |   |  448  |   |   |  1,782  |
|                                                                  |               |   |   |   |   |   |   |   |   |   |   |
| Earnings from continuing operations                                   |               |  817  |   |   |  448  |   |   |  1,427  |   |   |  1,523  |
| Loss from discontinued operations, net of taxes (Note 2)              |               |  (187) |   |   |  (194) |   |   |  (574) |   |   |  (197) |
| Net earnings                                                          |               |  630  |   |   |  254  |   |   |  853  |   |   |  1,326  |
| Less net earnings (loss) attributable to noncontrolling interests     |               |  (13) |   |   |  17  |   |   |  (10) |   |   |  63  |
| Net earnings attributable to GECC                                     |               |  643  |   |   |  237  |   |   |  863  |   |   |  1,263  |
| Dividends                                                             |               |  1  |   |   |  (31) |   |   |  –  |   |   |  (47) |
| Retained earnings at beginning of period                              |               |  45,863  |   |   |  46,456  |   |   |  45,644  |   |   |  45,446  |
| Retained earnings at end of period                                    | $                  |  46,507  |   | $ |  46,662  |   | $ |  46,507  |   | $ |  46,662  |
|                                                                  |               |   |   |   |   |   |   |   |   |   |   |
| Amounts attributable to GECC                                          |               |   |   |   |   |   |   |   |   |   |   |
| Earnings from continuing operations                                   | $                  |  830  |   | $ |  431  |   | $ |  1,437  |   | $ |  1,460  |
| Loss from discontinued operations, net of taxes                       |               |  (187) |   |   |  (194) |   |   |  (574) |   |   |  (197) |
| Net earnings attributable to GECC                                     | $                  |  643  |   | $ |  237  |   | $ |  863  |   | $ |  1,263  |
|                                                                  |               |   |   |   |   |   |   |   |   |   |   |
|                                                                  |               |   |   |   |   |   |   |   |   |   |   |

----

|                                                                       | June 30,   |                | December 31, |
|----------------------------------------------------------------------------|------------|---------------------|--------------|
| (In millions)                                                              | 2010  |                | 2009    |
|                                                                       |       | (Unaudited)         |         |   |   |
| Assets                                                                     |       |                |         |   |   |
| Cash and equivalents                                                       | $          |  61,188   |         | $ |  63,696  |
| Investment securities (Note 3)                                             |       |  15,800   |         |   |  27,509  |
| Inventories                                                                |       |  71       |         |   |  71  |
| Financing receivables – net (Note 4)                                 |       |  333,262  |         |   |  336,926  |
| Other receivables                                                          |       |  12,560   |         |   |  17,876  |
| Property, plant and equipment, less accumulated amortization of $25,612    |       |                |         |   |   |
|    and $26,307                                              |       |  53,669   |         |   |  56,695  |
| Goodwill (Note 5)                                                          |       |  27,143   |         |   |  28,961  |
| Other intangible assets – net (Note 5)                               |       |  2,347    |         |   |  3,018  |
| Other assets                                                               |       |  81,317   |         |   |  86,355  |
| Assets of businesses held for sale                                         |       |  599      |         |   |  125  |
| Assets of discontinued operations (Note 2)                                 |       |  1,203    |         |   |  1,470  |
| Total assets(a)                                                            | $          |  589,159  |         | $ |  622,702  |
|                                                                       |       |                |         |   |   |
| Liabilities and equity                                                     |       |                |         |   |   |
| Short-term borrowings (Note 6)                                             | $          |  116,015  |         | $ |  128,329  |
| Accounts payable                                                           |       |  8,043    |         |   |  11,162  |
| Non-recourse borrowings of consolidated securitization entities (Note 6)   |       |  33,411   |         |   |  3,883  |
| Bank deposits (Note 6)                                                     |       |  37,471   |         |   |  38,923  |
| Long-term borrowings (Note 6)                                              |       |  289,699  |         |   |  326,321  |
| Investment contracts, insurance liabilities and insurance annuity benefits |       |  7,430    |         |   |  8,687  |
| Other liabilities                                                          |       |  19,658   |         |   |  22,736  |
| Deferred income taxes                                                      |       |  5,279    |         |   |  5,831  |
| Liabilities of businesses held for sale                                    |       |  261      |         |   |  55  |
| Liabilities of discontinued operations (Note 2)                            |       |  971      |         |   |  853  |
| Total liabilities(a)                                                       |       |  518,238  |         |   |  546,780  |
|                                                                       |       |                |         |   |   |
| Capital stock                                                              |       |  56       |         |   |  56  |
| Accumulated other comprehensive income – net(b)                      |       |                |         |   |   |
|    Investment securities                                    |       |  (702)         |         |   |  (676) |
|    Currency translation adjustments                         |       |  (2,750)       |         |   |  1,228  |
|    Cash flow hedges                                         |       |  (1,340)       |         |   |  (1,816) |
|    Benefit plans                                            |       |  (369)         |         |   |  (434) |
| Additional paid-in capital                                                 |       |  28,421   |         |   |  28,431  |
| Retained earnings                                                          |       |  46,507   |         |   |  46,929  |
| Total GECC shareowner's equity                                             |       |  69,823   |         |   |  73,718  |
| Noncontrolling interests(c)                                                |       |  1,098    |         |   |  2,204  |
| Total equity                                                               |       |  70,921   |         |   |  75,922  |
| Total liabilities and equity                                               | $          |  589,159  |         | $ |  622,702  |
|                                                                       |       |                |         |   |   |
|                                                                       |       |                |         |   |   |

| (a)   | Our consolidated assets at June 30, 2010 include total assets of $52,015 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 $42,786 million and investment securities of $6,168 million. Our consolidated liabilities at June 30, 2010 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GECC. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $32,696 million. See Note 12. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | The sum of accumulated other comprehensive income − net was $(5,161) million and $(1,698) million at June 30, 2010 and December 31, 2009, respectively. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Included accumulated other comprehensive income attributable to noncontrolling interests of $(161) million and $(191) million at June 30, 2010 and December 31, 2009, respectively. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                                               | Six months ended June 30 |
|----------------------------------------------------------------------------------------------------|--------------------------|
| (In millions)                                                                                      |                     | 2010  |   |   | 2009  |
|                                                                                               |                     |   |   |   |   |
| Cash flows – operating activities                                                            |                     |   |   |   |   |
| Net earnings                                                                                       | $                        |  853  |   | $ |  1,326  |
| Less net earnings attributable to noncontrolling interests                                         |                     |  (10) |   |   | 63  |
| Net earnings attributable to GECC                                                                  |                     |  863  |   |   |  1,263  |
| Loss from discontinued operations                                                                  |                     |  574  |   |   |  197  |
| Adjustments to reconcile net earnings attributable to GECC                                         |                     |   |   |   |   |
|    to cash provided from operating activities                                       |                     |   |   |   |   |
|       Depreciation and amortization of property, plant and equipment |                     |  3,780  |   |   |  4,126  |
|       Increase (decrease) in accounts payable                        |                     |  2,444  |   |   |  (858) |
|       Provision for losses on financing receivables                       |                     |  4,272  |   |   |  5,153  |
|       All other operating activities                                 |                     |  (435) |   |   |  (11,427) |
| Cash from (used for) operating activities – continuing operations                            |                     |  11,498  |   |   |  (1,546) |
| Cash from (used for) operating activities – discontinued operations                          |                     |  (67) |   |   |  (26) |
| Cash from (used for) operating activities                                                          |                     |  11,431  |   |   |  (1,572) |
|                                                                                               |                     |   |   |   |   |
| Cash flows – investing activities                                                            |                     |   |   |   |   |
| Additions to property, plant and equipment                                                         |                     |  (2,205) |   |   |  (3,296) |
| Dispositions of property, plant and equipment                                                      |                     |  2,287  |   |   |  2,668  |
| Increase in loans to customers                                                                     |                     |  (152,988) |   |   |  (114,271) |
| Principal collections from customers – loans                                                 |                     |  164,765  |   |   |  132,395  |
| Investment in equipment for financing leases                                                       |                     |  (4,593) |   |   |  (4,606) |
| Principal collections from customers – financing leases                                      |                     |  8,555  |   |   |  9,886  |
| Net change in credit card receivables                                                              |                     |  1,573  |   |   |  2,046  |
| Proceeds from principal business dispositions                                                      |                     |  825  |   |   |  8,846  |
| Payments for principal businesses purchased                                                        |                     |  –  |   |   |  (5,637) |
| All other investing activities                                                                     |                     |  9,905  |   |   |  2,459  |
| Cash from (used for) investing activities – continuing operations                            |                     |  28,124  |   |   |  30,490  |
| Cash from (used for) investing activities – discontinued operations                          |                     |  1  |   |   |  30  |
| Cash from (used for) investing activities                                                          |                     |  28,125  |   |   |  30,520  |
|                                                                                               |                     |   |   |   |   |
| Cash flows – financing activities                                                            |                     |   |   |   |   |
| Net increase (decrease) in borrowings (maturities of 90 days or less)                              |                     |  (2,382) |   |   |  (26,638) |
| Net increase (decrease) in bank deposits                                                           |                     |  748  |   |   |  (6,450) |
| Newly issued debt (maturities longer than 90 days)                                                 |                     |   |   |   |   |
|    Short-term (91 to 365 days)                                                      |                     |  10,628  |   |   |  2,804  |
|    Long-term (longer than one year)                                                 |                     |  16,663  |   |   |  45,882  |
|    Non-recourse, leveraged lease                                                    |                     |  –  |   |   |  –  |
| Repayments and other debt reductions (maturities longer than 90 days)                              |                     |   |   |   |   |
|    Short-term (91 to 365 days)                                                      |                     |  (63,476) |   |   |  (35,656) |
|    Long-term (longer than one year)                                                 |                     |  (989) |   |   |  (2,731) |
|    Non-recourse, leveraged lease                                                    |                     |  (454) |   |   |  (470) |
| Dividends paid to shareowner                                                                       |                     |  –  |   |   |  –  |
| Capital contribution and share issuance                                                            |                     |  –  |   |   |  8,750  |
| All other financing activities                                                                     |                     |  (1,270) |   |   |  (1,619) |
| Cash from (used for) financing activities – continuing operations                            |                     |  (40,532) |   |   |  (16,128) |
| Cash from (used for) financing activities – discontinued operations                          |                     |  –  |   |   |  –  |
| Cash from (used for) financing activities                                                          |                     |  (40,532) |   |   |  (16,128) |
|                                                                                               |                     |   |   |   |   |
| Effect of currency exchange rate changes on cash and equivalents                                   |                     |  (1,598) |   |   |  (53) |
|                                                                                               |                     |   |   |   |   |
| Increase (decrease) in cash and equivalents                                                        |                     |  (2,574) |   |   |  12,767  |
| Cash and equivalents at beginning of year                                                          |                     |  63,880  |   |   |  36,605  |
| Cash and equivalents at June 30                                                                    |                     |  61,306  |   |   |  49,372  |
| Less cash and equivalents of discontinued operations at June 30                                    |                     |  118  |   |   |  184  |
| Cash and equivalents of continuing operations at June 30                                           | $                        |  61,188  |   | $ |  49,188  |
|                                                                                               |                     |   |   |   |   |
|                                                                                               |                     |   |   |   |   |

----

----

|                                                  | Three months ended June 30 |        | Six months ended June 30 |
|-------------------------------------------------------|----------------------------|-------------|--------------------------|
| (In millions)                                         | 2010                  |        | 2009                |   | 2010  |   | 2009  |
|                                                  |                       |        |                     |   |   |   |   |   |   |   |   |
| Total revenues                                        | $                          |  (2)   |                     | $ |  (2) |   | $ |  (3) |   | $ |  (8) |
|                                                  |                       |        |                     |   |   |   |   |   |   |   |   |
| Loss from discontinued operations, net of taxes       |                       |        |                     |   |   |   |   |   |   |   |   |
|     Loss from operations          | $                          |  (2)   |                     | $ |  (63) |   | $ |  (8) |   | $ |  (70) |
|     Loss on disposal              |                       |  (185) |                     |   |  (131) |   |   |  (566) |   |   |  (127) |
| Total loss from discontinued operations, net of taxes | $                          |  (187) |                     | $ |  (194) |   | $ |  (574) |   | $ |  (197) |
|                                                  |                       |        |                     |   |   |   |   |   |   |   |   |

----

----

|                                                     | At            |
|----------------------------------------------------------|---------------|
|                                                     | June 30, 2010 |   | December 31, 2009 |
|                                                     |          |   | 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                         | $             |  3,831  |   | $ |  70  |   | $ |  (152) |   | $ |  3,749  |   | $ | 5,215  |   | $ | 83  |   | $ |  (236) |   | $ |  5,062  |
|    State and municipal                    |          |  879  |   |   |  7  |   |   |  (185) |   |   |  701  |   |   | 887  |   |   | 3  |   |   |  (216) |   |   |  674  |
|    Residential mortgage-backed(a)         |          |  2,481  |   |   |  20  |   |   |  (468) |   |   |  2,033  |   |   | 2,999  |   |   | 21  |   |   |  (722) |   |   |  2,298  |
|    Commercial mortgage-backed             |          |  1,569  |   |   |  13  |   |   |  (166) |   |   |  1,416  |   |   | 1,599  |   |   |  5  |   |   |  (302) |   |   |  1,302  |
|    Asset-backed                           |          |  2,323  |   |   |  61  |   |   |  (232) |   |   |  2,152  |   |   | 2,468  |   |   |  29  |   |   |  (298) |   |   |  2,199  |
|    Corporate – non-U.S.             |          |  1,575  |   |   |  56  |   |   |  (81) |   |   |  1,550  |   |   | 994  |   |   |  18  |   |   |  (26) |   |   |  986  |
|    Government – non-U.S.            |          |  2,099  |   |   |  11  |   |   |  (42) |   |   |  2,068  |   |   | 2,461  |   |   |  15  |   |   |  (25) |   |   |  2,451  |
|    U.S. government and                    |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|        federal agency |          |  638  |   |   |  4  |   |   |  – |   |   |  642  |   |   | 1,865  |   |   |  -  |   |   |  -  |   |   |  1,865  |
| Retained interests(b)                                    |          |  58  |   |   |  9  |   |   |  (26) |   |   |  41  |   |   | 8,479  |   |   |  392  |   |   |  (40) |   |   |  8,831  |
| Equity                                                   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Available-for-sale                     |          |  949  |   |   |  115  |   |   |  (36) |   |   |  1,028  |   |   | 897  |   |   |  227  |   |   |  (3) |   |   |  1,121  |
|    Trading                                |          |  420  |   |   |  – |   |   |  – |   |   |  420  |   |   | 720  |   |   |  -  |   |   |  -  |   |   |  720  |
| Total                                                    | $             |  16,822  |   | $ |  366  |   | $ |  (1,388) |   | $ |  15,800  |   | $ | 28,584  |   | $ | 793  |   | $ |  (1,868) |   | $ |  27,509  |
|                                                     |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                     |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| (a)   | Substantially collateralized by U.S. mortgages. Of our total RMBS portfolio at June 30, 2010, $1,102 million relates to securities issued by government sponsored entities and $931 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. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Included $1,918 million of retained interests at December 31, 2009 accounted for at fair value in accordance with ASC 815, Derivatives and Hedging. See Note 12. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                 | In loss position for |
|------------------------------------------------------|----------------------|
|                                                 | Less than 12 months  |   | 12 months or more |
|                                                 |                 |   | Gross |   |   |   | Gross |
|                                                 | Estimated            | unrealized | Estimated | unrealized |
| (In millions)                                        | fair value           | losses | fair value | losses |
|                                                 |                 |   |   |   |   |   |   |   |   |   |   |
| June 30, 2010                                        |                 |   |   |   |   |   |   |   |   |   |   |
| Debt                                                 |                 |   |   |   |   |   |   |   |   |   |   |
|    U.S. corporate                     | $                    |  661  |   | $ |  (7) |   | $ |  877  |   | $ |  (145) |
|    State and municipal                |                 |  278  |   |   |  (14) |   |   |  396  |   |   |  (171) |
|    Residential mortgage-backed        |                 |  691  |   |   |  (3) |   |   |  1,234  |   |   |  (465) |
|    Commercial mortgage-backed         |                 |  351  |   |   |  (2) |   |   |  1,065  |   |   |  (164) |
|    Asset-backed                       |                 |  176  |   |   |  (20) |   |   |  938  |   |   |  (212) |
|    Corporate – non-U.S.         |                 |  416  |   |   |  (27) |   |   |  620  |   |   |  (54) |
|    Government – non-U.S.        |                 |  678  |   |   |  (2) |   |   |  134  |   |   |  (40) |
|    U.S. government and federal agency |                 |  – |   |   |  – |   |   |  – |   |   |  – |
| Retained interests                                   |                 |  – |   |   |  – |   |   |  14  |   |   |  (26) |
| Equity                                               |                 |  154  |   |   |  (35) |   |   |  3  |   |   |  (1) |
| Total                                                | $                    |  3,405  |   | $ |  (110) |   | $ |  5,281  |   | $ |  (1,278) |
|                                                 |                 |   |   |   |   |   |   |   |   |   |   |
| December 31, 2009                                    |                 |   |   |   |   |   |   |   |   |   |   |
| Debt                                                 |                 |   |   |   |   |   |   |   |   |   |   |
|    U.S. corporate                     | $                    |  611  |   | $ |  (20) |   | $ |  1,365  |   | $ |  (216) |
|    State and municipal                |                 |  237  |   |   |  (120) |   |   |  421  |   |   |  (96) |
|    Residential mortgage-backed        |                 |  74  |   |   |  (4) |   |   |  1,561  |   |   |  (718) |
|    Commercial mortgage-backed         |                 |  – |   |   |  – |   |   |  1,015  |   |   |  (302) |
|    Asset-backed                       |                 |  68  |   |   |  (7) |   |   |  1,312  |   |   |  (291) |
|    Corporate – non-U.S.         |                 |  310  |   |   |  (14) |   |   |  346  |   |   |  (12) |
|    Government – non-U.S.        |                 |  370  |   |   |  (3) |   |   |  195  |   |   |  (22) |
|    U.S. government and federal agency |                 |  – |   |   |  – |   |   |  – |   |   |  – |
| Retained interests                                   |                 |  208  |   |   |  (16) |   |   |  27  |   |   |  (24) |
| Equity                                               |                 |  23  |   |   |  (1) |   |   |  8  |   |   |  (2) |
| Total                                                | $                    |  1,901  |   | $ |  (185) |   | $ |  6,250  |   | $ |  (1,683) |
|                                                 |                 |   |   |   |   |   |   |   |   |   |   |

----

|                                   | Amortized |              | Estimated  |
|----------------------------------------|-----------|-------------------|------------|
| (In millions)                          | cost      |              | fair value |
|                                   |      |              |       |   |   |
| Due in                                 |      |              |       |   |   |
|     2010           | $         |  2,851  |       | $ |  2,869  |
|     2011-2014      |      |  3,490  |       |   |  3,494  |
|     2015-2019      |      |  1,619  |       |   |  1,434  |
|     2020 and later |      |  1,062  |       |   |  913  |

|                          | Three months ended June 30 |           | Six months ended June 30 |
|-------------------------------|----------------------------|----------------|--------------------------|
| (In millions)                 | 2010                  |           | 2009                |   | 2010  |   | 2009  |
|                          |                       |           |                     |   |   |   |   |   |   |   |   |
| Gains                         | $                          |  32  |                     | $ |  19  |   | $ |  113  |   | $ |  27  |
| Losses, including impairments |                       |  (55)     |                     |   |  (83) |   |   |  (129) |   |   |  (251) |
|    Net         | $                          |  (23)     |                     | $ |  (64) |   | $ |  (16) |   | $ |  (224) |
|                          |                       |           |                     |   |   |   |   |   |   |   |   |

----

|                                                   | At         |
|--------------------------------------------------------|------------|
|                                                   | June 30,   |   | January 1, |   | December 31, |
| (In millions)                                          | 2010  |   | 2010(a) |   | 2009  |
|                                                   |       |   |   |   |   |   |   |   |
| Loans, net of deferred income                          | $          |  294,016  |   | $ |  331,710  |   | $ |  290,586  |
| Investment in financing leases, net of deferred income |       |  48,339  |   |   |  55,209  |   |   |  54,445  |
|                                                   |       |  342,355  |   |   |  386,919  |   |   |  345,031  |
| Less allowance for losses                              |       |  (9,093) |   |   |  (9,805) |   |   |  (8,105) |
| Financing receivables – net(b)                   | $          |  333,262  |   | $ |  377,114  |   | $ |  336,926  |
|                                                   |       |   |   |   |   |   |   |   |
|                                                   |       |   |   |   |   |   |   |   |

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

| (b) | Financing receivables at June 30, 2010 and December 31, 2009 included $1,621 million and $2,704 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination per ASC 310, Receivables. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                      | At         |
|-------------------------------------------|------------|
|                                      | June 30,   |   | January 1, |   | December 31, |
| (In millions)                             | 2010  |   | 2010(a) |   | 2009  |
|                                      |       |   |   |   |   |   |   |   |
| CLL(b)                                    |       |   |   |   |   |   |   |   |
| Americas                                  | $          |  93,042  |   | $ |  99,666  |   | $ |  87,496  |
| Europe                                    |       |  36,067  |   |   |  43,403  |   |   |  41,455  |
| Asia                                      |       |  11,914  |   |   |  13,159  |   |   |  13,202  |
| Other                                     |       |  2,727  |   |   |  2,836  |   |   |  2,836  |
|                                      |       |  143,750  |   |   |  159,064  |   |   |  144,989  |
| Consumer(b)                               |       |   |   |   |   |   |   |   |
| Non-U.S. residential mortgages            |       |  48,013  |   |   |  58,345  |   |   |  58,345  |
| Non-U.S. installment and revolving credit |       |  21,783  |   |   |  24,976  |   |   |  24,976  |
| U.S. installment and revolving credit     |       |  42,946  |   |   |  47,171  |   |   |  23,190  |
| Non-U.S. auto                             |       |  10,012  |   |   |  13,344  |   |   |  13,344  |
| Other                                     |       |  9,764  |   |   |  11,688  |   |   |  11,688  |
|                                      |       |  132,518  |   |   |  155,524  |   |   |  131,543  |
|                                      |       |   |   |   |   |   |   |   |
| Real Estate                               |       |  44,006  |   |   |  48,673  |   |   |  44,841  |
|                                      |       |   |   |   |   |   |   |   |
| Energy Financial Services                 |       |  7,472  |   |   |  7,790  |   |   |  7,790  |
|                                      |       |   |   |   |   |   |   |   |
| GECAS(b)                                  |       |  12,337  |   |   |  13,254  |   |   |  13,254  |
|                                      |       |   |   |   |   |   |   |   |
| Other(c)                                  |       |  2,272  |   |   |  2,614  |   |   |  2,614  |
|                                      |       |  342,355  |   |   |  386,919  |   |   |  345,031  |
| Less allowance for losses                 |       |  (9,093) |   |   |  (9,805) |   |   |  (8,105) |
| Total                                     | $          |  333,262  |   | $ |  377,114  |   | $ |  336,926  |
|                                      |       |   |   |   |   |   |   |   |
|                                      |       |   |   |   |   |   |   |   |

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

| (b)   | During the first quarter of 2010, we transferred the Transportation Financial Services business from GECAS to CLL and the Consumer business in Italy from Consumer to CLL. Prior-period amounts were reclassified to conform to the current-period presentation. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Consisted of loans and financing leases related to certain consolidated, liquidating securitization entities. |
|-----------------|---------------------------------------------------------------------------------------------------------------|

----

|                                     | At         |
|------------------------------------------|------------|
|                                     | June 30,   |   | January 1, |   | December 31, |
| (In millions)                            | 2010  |   | 2010(a) |   | 2009  |
|                                     |       |   |   |   |   |   |   |   |
| Loans requiring allowance for losses     | $          |  11,515  |   | $ | 9,541  |   | $ |  9,145  |
| Loans expected to be fully recoverable   |       |  3,924  |   |   | 3,914  |   |   |  3,741  |
|    Total impaired loans   | $          |  15,439  |   | $ | 13,455  |   | $ |  12,886  |
|                                     |       |   |   |   |   |   |   |   |
| Allowance for losses (specific reserves) | $          |  3,033  |   | $ |  2,376  |   | $ |  2,331  |
| Average investment during the period     |       |  14,182  |   |   | (c) |   |   |  8,493  |
| Interest income earned while impaired(b) |       |  206  |   |   | (c) |   |   |  227  |
|                                     |       |   |   |   |   |   |   |   |
|                                     |       |   |   |   |   |   |   |   |

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

| (b)   | Recognized principally on cash basis. |
|-----------------|---------------------------------------|

| (c)   | Not applicable. |
|-----------------|-----------------|

----

|                                   | Balance      |              | Adoption of |   | Balance           |   | Provision  |              |     |   |              |   |       |          | Balance    |
|----------------------------------------|--------------|-------------------|-------------|--------|-------------------|--------|------------|-------------------|----------|--------|-------------------|--------|------------|---------------|------------|
|                                   | December 31, |              | ASU 2009 -  |   | January 1,        |   | charged to |              |     |   | Gross             |   |       |          | June 30,   |
| (In millions)                          | 2009    |              | 16 & 17 | (a)    | 2010         |   | operations |              | Other(b) |   | write-offs        |   | Recoveries |          | 2010  |
|                                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
| CLL(c)                                 |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
| Americas                               | $            |  1,179  |        | $      |  66     |   | $          |  1,245  |     | $      |  630    |   | $          |  (10)    |       | $ |  (558) |   | $ |  55  |   | $ |  1,362  |
| Europe                                 |         |  575    |        |   |  –     |   |       |  575    |     |   |  137    |   |       |  (70)    |       |   |  (288) |   |   |  28  |   |   |  382  |
| Asia                                   |         |  244    |        |   |  (10)        |   |       |  234    |     |   |  108    |   |       |  (23)    |       |   |  (94) |   |   |  9  |   |   |  234  |
| Other                                  |         |  11     |        |   |  –     |   |       |  11     |     |   |  (1)         |   |       |  (2)     |       |   |  – |   |   |  – |   |   |  8  |
|                                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
| Consumer(c)                            |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
| Non-U.S. residential                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
|    mortgages            |         |  949    |        |   |  –     |   |       |  949    |     |   |  184    |   |       |  (105)   |       |   |  (187) |   |   |  51  |   |   |  892  |
| Non-U.S. installment                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
|    and revolving credit |         |  1,181  |        |   |  –     |   |       |  1,181  |     |   |  652    |   |       |  (114)   |       |   |  (987) |   |   |  288  |   |   |  1,020  |
| U.S. installment and                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
|    revolving credit     |         |  1,698  |        |   |  1,602  |   |       |  3,300  |     |   |  1,604  |   |       |  (1)     |       |   |  (2,400) |   |   |  251  |   |   |  2,754  |
| Non-U.S. auto                          |         |  308    |        |   |  –     |   |       |  308    |     |   |  71     |   |       |  (43)    |       |   |  (204) |   |   |  102  |   |   |  234  |
| Other                                  |         |  300    |        |   |  –     |   |       |  300    |     |   |  165    |   |       |  (34)    |       |   |  (217) |   |   |  43  |   |   |  257  |
|                                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
| Real Estate                            |         |  1,494  |        |   |  42     |   |       |  1,536  |     |   |  645    |   |       |  (11)    |       |   |  (374) |   |   |  1  |   |   |  1,797  |
|                                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
| Energy Financial                       |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
|    Services             |         |  28     |        |   |  –     |   |       |  28     |     |   |  24     |   |       |  1  |       |   |  – |   |   |  – |   |   |  53  |
|                                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
| GECAS(c)                               |         |  104    |        |   |  –     |   |       |  104    |     |   |  35     |   |       |  – |       |   |  (89) |   |   |  – |   |   |  50  |
|                                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
| Other                                  |         |  34     |        |   |  –     |   |       |  34     |     |   |  18     |   |       |  – |       |   |  (3) |   |   |  1  |   |   |  50  |
| Total                                  | $            |  8,105  |        | $      |  1,700  |   | $          |  9,805  |     | $      |  4,272  |   | $          |  (412)   |       | $ |  (5,401) |   | $ |  829  |   | $ |  9,093  |
|                                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |
|                                   |         |              |        |   |              |   |       |              |     |   |              |   |       |          |       |   |   |   |   |   |   |   |   |

| (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) | During the first quarter of 2010, we transferred the Transportation Financial Services business from GECAS to CLL and the Consumer business in Italy from Consumer to CLL. Prior-period amounts were reclassified to conform to the current-period presentation. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                   | Balance    |        | Provision  |   |        |   |       |          |       |   | Balance       |
|----------------------------------------|------------|-------------|------------|--------|-------------|--------|------------|---------------|------------|--------|---------------|
|                                   | January 1, |        | charged to |   |        |   | Gross      |          |       |   | June 30,      |
| (In millions)                          | 2009  |        | operations |   | Other(a)    |   | write-offs |          | Recoveries |   | 2009     |
|                                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
| CLL(b)                                 |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
| Americas                               | $          | 843    |       | $      | 736    |   | $          | (33)          |       | $      | (457)         |   | $ | 44  |   | $ | 1,133  |
| Europe                                 |       | 311    |       |   | 323    |   |       | –  |       |   | (192)         |   |   | 36  |   |   | 478  |
| Asia                                   |       | 163    |       |   | 120    |   |       | (6)           |       |   | (85)          |   |   | 7  |   |   | 199  |
| Other                                  |       | 4      |       |   | 3      |   |       | 2        |       |   | (1)           |   |   | –  |   |   | 8  |
|                                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
| Consumer(b)                            |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
| Non-U.S. residential                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
|    mortgages            |       | 381    |       |   | 560    |   |       | 59       |       |   | (231)         |   |   | 59  |   |   | 828  |
| Non-U.S. installment                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
|    and revolving credit |       | 1,049  |       |   | 891    |   |       | 65       |       |   | (1,092)       |   |   | 228  |   |   | 1,141  |
| U.S. installment and                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
|    revolving credit     |       | 1,700  |       |   | 1,729  |   |       | (497)         |       |   | (1,438)       |   |   | 81  |   |   | 1,575  |
| Non-U.S. auto                          |       | 203    |       |   | 242    |   |       | 26       |       |   | (297)         |   |   | 90  |   |   | 264  |
| Other                                  |       | 226    |       |   | 160    |   |       | (16)          |       |   | (163)         |   |   | 27  |   |   | 234  |
|                                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
| Real Estate                            |       | 301    |       |   | 344    |   |       | 10       |       |   | (85)          |   |   | –  |   |   | 570  |
|                                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
| Energy Financial                       |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
|    Services             |       | 58     |       |   | 32     |   |       | 2        |       |   | –  |   |   | –  |   |   | 92  |
|                                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
| GECAS(b)                               |       | 58     |       |   | 1      |   |       | (1)           |       |   | –  |   |   | –  |   |   | 58  |
|                                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
| Other                                  |       | 28     |       |   | 12     |   |       | 1        |       |   | (14)          |   |   | –  |   |   | 27  |
| Total                                  | $          | 5,325  |       | $      | 5,153  |   | $          | (388)         |       | $      | (4,055)       |   | $ | 572  |   | $ | 6,607  |
|                                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |
|                                   |       |        |       |   |        |   |       |          |       |   |          |   |   |   |   |   |   |

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

| (b)   | During the first quarter of 2010, we transferred the Transportation Financial Services business from GECAS to CLL and the Consumer business in Italy from Consumer to CLL. Prior-period amounts were reclassified to conform to the current-period presentation. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                              | At         |
|-------------------------------------------------------------------|------------|
|                                                              | June 30,   |   | December 31, |
| (In millions)                                                     | 2010  |   | 2009  |
|                                                              |       |   |   |   |   |
| Goodwill                                                          | $          |  27,143  |   | $ |  28,961  |
|                                                              |       |   |   |   |   |
| Other intangible assets                                           |       |   |   |   |   |
|     Intangible assets subject to amortization | $          |  2,347  |   | $ |  3,018  |
|                                                              |       |   |   |   |   |

----

|                      |       |               |         |   | Dispositions, |   |       |          |
|---------------------------|------------|--------------------|--------------|--------|---------------|--------|------------|---------------|
|                      | Balance    |               |         |   | currency      |   | Balance    |          |
|                      | January 1, |               |         |   | exchange      |   | June 30,   |          |
| (In millions)             | 2010  | (a)                | Acquisitions |   | and other     |   | 2010  |          |
|                      |       |               |         |   |          |   |       |          |   |   |   |   |
| CLL(b)                    | $          |  14,053  |         | $      |  – |   | $          |  (656)   |   | $ |  13,397  |   |
| Consumer(b)               |       |  11,443  |         |   |  – |   |       |  (482)   |   |   |  10,961  |   |
| Real Estate               |       |  1,189   |         |   |  – |   |       |  (112)   |   |   |  1,077  |   |
| Energy Financial Services |       |  2,119   |         |   |  – |   |       |  (557)   |   |   |  1,562  |   |
| GECAS                     |       |  157     |         |   |  – |   |       |  (11)    |   |   |  146  |   |
| Total                     | $          |  28,961  |         | $      |  – |   | $          |  (1,818) |   | $ |  27,143  |   |
|                      |       |               |         |   |          |   |       |          |   |   |   |   |
|                      |       |               |         |   |          |   |       |          |   |   |   |   |

| (a)   | Reflected the transfer of previously owned assets by GECS on January 1, 2010, resulting in a related increase in goodwill of $141 million. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Reflected the transfer of the Consumer business in Italy during the first quarter of 2010 from Consumer to CLL, resulting in a related movement of beginning goodwill balance of $18 million. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                             | At            |
|----------------------------------|---------------|
|                             | June 30, 2010 |   | December 31, 2009 |
|                             | Gross         |   |   |   |   |   | Gross |   |   |   |   |
|                             | carrying      |   | Accumulated |   |   |   | carrying |   | Accumulated |   |   |
| (In millions)                    | amount        |   | amortization |   | Net |   | amount |   | amortization |   | Net |
|                             |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                             |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Customer-related                 | $             |  1,527  |   | $ |  (708) |   | $ |  819  |   | $ |  1,831  |   | $ |  (690) |   | $ |  1,141  |
| Patents, licenses and trademarks |          |  614  |   |   |  (508) |   |   |  106  |   |   |  630  |   |   |  (461) |   |   |  169  |
| Capitalized software             |          |  1,956  |   |   |  (1,442) |   |   |  514  |   |   |  2,169  |   |   |  (1,558) |   |   |  611  |
| Lease valuations                 |          |  1,643  |   |   |  (831) |   |   |  812  |   |   |  1,754  |   |   |  (793) |   |   |  961  |
| All other                        |          |  352  |   |   |  (256) |   |   |  96  |   |   |  475  |   |   |  (339) |   |   |  136  |
| Total                            | $             |  6,092  |   | $ |  (3,745) |   | $ |  2,347  |   | $ |  6,859  |   | $ |  (3,841) |   | $ |  3,018  |

----

|                                                               | At         |
|--------------------------------------------------------------------|------------|
| (In millions)                                                      | June 30,   |   | December 31, |
|                                                               | 2010  |   | 2009  |
| Short-term borrowings                                              |       |   |   |   |   |
| Commercial paper                                                   |       |   |   |   |   |
|    U.S.                                             | $          | 31,155  |   | $ | 32,637  |
|    Non-U.S.                                         |       | 9,647  |   |   | 9,525  |
| Current portion of long-term borrowings(a)(b)(c)                   |       | 62,998  |   |   | 69,881  |
| GE Interest Plus notes(d)                                          |       | 8,354  |   |   | 7,541  |
| Other(c)                                                           |       | 3,861  |   |   | 8,745  |
| Total short-term borrowings                                        | $          | 116,015  |   | $ | 128,329  |
|                                                               |       |   |   |   |   |
| Long-term borrowings                                               |       |   |   |   |   |
| Senior unsecured notes(a)(b)                                       | $          | 269,871  |   | $ | 305,535  |
| Subordinated notes(e)                                              |       | 2,112  |   |   | 2,388  |
| Subordinated debentures(f)                                         |       | 6,952  |   |   | 7,647  |
| Other(c)(g)                                                        |       | 10,764  |   |   | 10,751  |
| Total long-term borrowings                                         | $          | 289,699  |   | $ | 326,321  |
|                                                               |       |   |   |   |   |
| Non-recourse borrowings of consolidated securitization entities(h) | $          | 33,411  |   | $ | 3,883  |
|                                                               |       |   |   |   |   |
| Bank deposits(i)                                                   | $          | 37,471  |   | $ | 38,923  |
|                                                               |       |   |   |   |   |
| Total borrowings and bank deposits                                 | $          | 476,596  |   | $ | 497,456  |
|                                                               |       |   |   |   |   |
|                                                               |       |   |   |   |   |

|   | (a) | GECC had issued and outstanding $58,045 million and $59,336 million of senior, unsecured debt that was guaranteed by the Federal Deposit Insurance Corporation (FDIC) under the Temporary Liquidity Guarantee Program at June 30, 2010 and December 31, 2009, respectively. Of the above amounts $13,000 million and $5,841 million is included in current portion of long-term borrowings at June 30, 2010 and December 31, 2009, respectively. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Included in total long-term borrowings was $2,624 million and $3,138 million of obligations to holders of guaranteed investment contracts at June 30, 2010 and December 31, 2009, respectively. GECC could be required to repay up to approximately $2,500 million if its long-term credit rating were to fall below AA-/Aa3 or its short-term credit rating were to fall below A-1+/P-1. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Included $10,400 million and $10,604 million of secured funding at June 30, 2010 and December 31, 2009, respectively, of which $3,795 million and $5,667 million is non-recourse to GECC at June 30, 2010 and December 31, 2009, respectively. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

| (e)   | Included $117 million of subordinated notes guaranteed by GE at both June 30, 2010 and December 31, 2009. |
|-----------------|-----------------------------------------------------------------------------------------------------------|

| (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 $1,533 million and $1,649 million of covered bonds at June 30, 2010 and December 31, 2009, 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 $707 million. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (h)   | Included at June 30, 2010 was $2,100 million of commercial paper, $11,674 million of current portion of long-term borrowings and $19,637 million of long-term borrowings related to former QSPEs consolidated on January 1, 2010 upon our adoption of ASU 2009-16 & 17, previously consolidated liquidating securitization entities and other on-book securitization borrowings. Included at December 31, 2009, was $2,424 million of commercial paper, $378 million of current portion of long-term borrowings and $1,081 million of long-term borrowings issued by consolidated liquidating securitization entities. See Note 12. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | Included $19,816 million and $21,252 million of deposits in non-U.S. banks at June 30, 2010 and December 31, 2009, respectively, and $10,882 million and $10,476 million of certificates of deposits distributed by brokers with maturities greater than one year at June 30, 2010 and December 31, 2009, respectively. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                                              | At         |
|---------------------------------------------------------------------------------------------------|------------|
|                                                                                              | June 30,   |   | December 31, |
| (In millions)                                                                                     | 2010  |   | 2009  |
|                                                                                              |       |   |   |   |   |
| Unrecognized tax benefits                                                                         | $          | 3,420  |   | $ | 3,820  |
|    Portion that, if recognized, would reduce tax expense and effective tax rate(a) |       | 1,580  |   |   | 1,792  |
| Accrued interest on unrecognized tax benefits                                                     |       | 768  |   |   | 713  |
| Accrued penalties on unrecognized tax benefits                                                    |       | 67  |   |   | 73  |
| Reasonably possible reduction to the balance of unrecognized                                      |       |   |   |   |   |
|    tax benefits in succeeding 12 months                                            |       | 0-1000 |   |   | 0-650 |
|    Portion that, if recognized, would reduce tax expense and effective tax rate(a) |       | 0-550 |   |   | 0-250 |
|                                                                                              |       |   |   |   |   |
|                                                                                              |       |   |   |   |   |

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

----

|                                         | Three months ended June 30 |      | Six months ended June 30 |
|----------------------------------------------|----------------------------|-----------|--------------------------|
| (In millions)                                | 2010                  |      | 2009                |   | 2010  |   | 2009  |
|                                         |                       |      |                     |   |   |   |   |   |   |   |   |
| Net earnings attributable to GECC            | $                          | 643  |                     | $ | 237  |   | $ | 863  |   | $ | 1,263  |
| Investment securities – net            |                       | 41   |                     |   | 556  |   |   | (26) |   |   | 516  |
| Currency translation adjustments – net |                       | (2,618)   |                     |   | 4,731  |   |   | (3,978) |   |   | 1,707  |
| Cash flow hedges – net                 |                       | 63   |                     |   | 593  |   |   | 476  |   |   | 1,316  |
| Benefit plans – net                    |                       | 23   |                     |   | (17) |   |   | 65  |   |   | (9) |
| Total                                        | $                          | (1,848)   |                     | $ | 6,100  |   | $ | (2,600) |   | $ | 4,793  |
|                                         |                       |      |                     |   |   |   |   |   |   |   |   |
|                                         |                       |      |                     |   |   |   |   |   |   |   |   |

----

|                        | Three months ended June 30 |               | Six months ended June 30 |
|-----------------------------|----------------------------|--------------------|--------------------------|
| (In millions)               | 2010                  |               | 2009                |   | 2010  |   | 2009  |
|                        |                       |               |                     |   |   |   |   |   |   |   |   |
| Interest on loans(a)        | $                          |  5,588   |                     | $ |  5,064  |   | $ | 11,297  |   | $ | 10,145  |
| Equipment leased to others  |                       |  2,769   |                     |   |  2,927  |   |   | 5,530  |   |   | 6,412  |
| Fees(a)                     |                       |  1,224   |                     |   |  1,098  |   |   | 2,488  |   |   | 2,258  |
| Investment income(a)(b)     |                       |  110     |                     |   |  616  |   |   | 269  |   |   | 954  |
| Financing leases(a)         |                       |  703     |                     |   |  830  |   |   | 1,459  |   |   | 1,738  |
| Net securitization gains(a) |                       |  –      |                     |   |  394  |   |   | –   |   |   | 720  |
| Real estate investments     |                       |  354     |                     |   |  371  |   |   | 631  |   |   | 718  |
| Associated companies(c)     |                       |  460     |                     |   |  309  |   |   | 1,057  |   |   | 474  |
| Other items(d)(e)           |                       |  921     |                     |   |  922  |   |   | 1,448  |   |   | 2,614  |
| Total                       | $                          |  12,129  |                     | $ |  12,531  |   | $ |  24,179  |   | $ |  26,033  |
|                        |                       |               |                     |   |   |   |   |   |   |   |   |
|                        |                       |               |                     |   |   |   |   |   |   |   |   |

| (a)   | On January 1, 2010, we adopted ASU 2009-16 & 17 which required us to consolidate substantially all of our former QSPEs. As a result, 2010 Revenues from services include interest and fee income from these entities, which were not presented on a consolidated basis in 2009. Also beginning in 2010, we no longer record gains for substantially all of our securitizations as they are recorded as on-book financings. See Note 12. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Included net other-than-temporary impairments on investment securities of $53 million and $80 million in the second quarters of 2010 and 2009, respectively, and $126 million and $243 million in the first six months of 2010 and 2009, respectively. See Note 3. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Aggregate summarized financial information for significant associated companies assuming a 100% ownership interest included total assets at June 30, 2010 and December 31, 2009 of $207,605 million and $137,075 million, respectively. Assets were primarily financing receivables of $110,269 million and $82,873 million at June 30, 2010 and December 31, 2009, respectively. Total liabilities were $173,188 million and $118,708 million, consisted primarily of bank deposits of $96,430 million and $69,573 million at June 30, 2010 and December 31, 2009, respectively, and debt of $59,216 million and $48,677 million at June 30, 2010 and December 31, 2009, respectively. Revenues in the second quarters of 2010 and 2009 totaled $4,750 million and $5,125 million, respectively, and net earnings in the second quarters of 2010 and 2009 totaled $1,153 million and $554 million, respectively. Revenues in the first six months of 2010 and 2009 totaled $9,716 million and $9,340 million, respectively, and net earnings in the first six months of 2010 and 2009 totaled $2,032 million and $1,163 million, respectively. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Included a gain on the sale of a limited partnership interest in PTL and a related gain on the remeasurement of the retained investment to fair value totaling $296 million in the first quarter of 2009. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Included a gain of $343 million on the remeasurement to fair value of our equity method investment in BAC Credomatic GECF Inc. (BAC), following our acquisition of a controlling interest in the second quarter of 2009. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (In millions)                                                                |    |              |    |   |               |   |       |               |        | Netting |          |   |   |
|------------------------------------------------------------------------------|---------|-------------------|---------|--------|--------------------|--------|------------|--------------------|-------------|---------|---------------|--------|--------|
|                                                                         | Level 1 | (a)               | Level 2 | (a)    | Level 3            | (b)    | adjustment | (c)                | Net balance |
| June 30, 2010                                                                |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
| Assets                                                                       |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
| Investment securities                                                        |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
|     Debt                                                 |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
|        U.S. corporate                     | $       |  726    |    | $      |  1,385   |   | $          |  1,638   |        | $       |  – |   | $      |  3,749  |
|        State and municipal                |    |  –     |    |   |  463     |   |       |  238     |        |    |  – |   |   |  701  |
|        Residential mortgage-backed        |    |  –     |    |   |  1,987   |   |       |  46      |        |    |  – |   |   |  2,033  |
|        Commercial mortgage-backed         |    |  –     |    |   |  1,368   |   |       |  48      |        |    |  – |   |   |  1,416  |
|        Asset-backed                       |    |  –     |    |   |  690     |   |       |  1,462   |        |    |  – |   |   |  2,152  |
|        Corporate - non-U.S.               |    |  136    |    |   |  544     |   |       |  870     |        |    |  – |   |   |  1,550  |
|        Government - non-U.S.              |    |  933    |    |   |  992     |   |       |  143     |        |    |  – |   |   |  2,068  |
|        U.S. government and federal agency |    |  47     |    |   |  595     |   |       |  –      |        |    |  – |   |   |  642  |
|    Retained interests(d)                                      |    |  –     |    |   |  –      |   |       |  41      |        |    |  – |   |   |  41  |
|    Equity                                                     |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
|         Available-for-sale           |    |  385    |    |   |  628     |   |       |  15      |        |    |  – |   |   |  1,028  |
|         Trading                      |    |  420    |    |   |  –      |   |       |  –      |        |    |  – |   |   |  420  |
| Derivatives(e)                                                               |    |  –     |    |   |  11,504  |   |       |  677     |        |    |  (4,530) |   |   |  7,651  |
| Other(f)                                                                     |    |  –     |    |   |  –      |   |       |  486     |        |    |  – |   |   |  486  |
| Total                                                                        | $       |  2,647  |    | $      |  20,156  |   | $          |  5,664   |        | $       |  (4,530) |   | $      |  23,937  |
|                                                                         |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
| Liabilities                                                                  |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
| Derivatives                                                                  | $       |  –     |    | $      |  6,464   |   | $          |  488     |        | $       |  (4,538) |   | $      |  2,414  |
| Other                                                                        |    |  –     |    |   |  29      |   |       |  –      |        |    |  – |   |   |  29  |
| Total                                                                        | $       | –      |    | $      |  6,493   |   | $          |  488     |        | $       | (4,538)       |   | $      |  2,443  |
|                                                                         |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
| December 31, 2009                                                            |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
| Assets                                                                       |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
| Investment securities                                                        |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
|     Debt                                                 |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
|        U.S. corporate                     | $       |  1,535  |    | $      |  1,871   |   | $          |  1,656   |        | $       |  – |   | $      |  5,062  |
|        State and municipal                |    |  –     |    |   |  501     |   |       |  173     |        |    |  – |   |   |  674  |
|        Residential mortgage-backed        |    |  –     |    |   |  2,254   |   |       |  44      |        |    |  – |   |   |  2,298  |
|        Commercial mortgage-backed         |    |  –     |    |   |  1,251   |   |       |  51      |        |    |  – |   |   |  1,302  |
|        Asset-backed                       |    |  –     |    |   |  719     |   |       |  1,480   |        |    |  – |   |   |  2,199  |
|        Corporate - non-U.S.               |    |  159    |    |   |  51      |   |       |  776     |        |    |  – |   |   |  986  |
|        Government - non-U.S.              |    |  1,277  |    |   |  1,023   |   |       |  151     |        |    |  – |   |   |  2,451  |
|        U.S. government and federal agency |    |  85     |    |   |  1,780   |   |       |  –      |        |    |  – |   |   |  1,865  |
|     Retained interests                                   |    |  –     |    |   |  –      |   |       |  8,831   |        |    |  – |   |   |  8,831  |
|     Equity                                               |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
|        Available-for-sale                 |    |  437    |    |   |  667     |   |       |  17      |        |    |  – |   |   |  1,121  |
|        Trading                            |    |  720    |    |   |  –      |   |       |  –      |        |    |  – |   |   |  720  |
| Derivatives(e)                                                               |    |  –     |    |   |  10,411  |   |       |  451     |        |    |  (3,611) |   |   |  7,251  |
| Other(f)                                                                     |    |  –     |    |   |  –      |   |       |  595     |        |    |  – |   |   |  595  |
| Total                                                                        | $       |  4,213  |    | $      |  20,528  |   | $          |  14,225  |        | $       |  (3,611) |   | $      |  35,355  |
|                                                                         |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
| Liabilities                                                                  |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
| Derivatives                                                                  | $       |  –     |    | $      |  6,838   |   | $          |  219     |        | $       |  (3,623) |   | $      |  3,434  |
| Other                                                                        |    |  –     |    |   |  32      |   |       |  –      |        |    |  – |   |   |  32  |
| Total                                                                        | $       |  –     |    | $      |  6,870   |   | $          |  219     |        | $       |  (3,623) |   | $      |  3,466  |
|                                                                         |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
|                                                                         |    |              |    |   |               |   |       |               |        |    |          |   |   |   |
|                                                                         |    |              |    |   |               |   |       |               |        |    |          |   |   |   |

| (a)   | Transfers between Level 1 to 2 were insignificant. |
|-----------------|----------------------------------------------------|

| (b)   | Level 3 investment securities valued using non-binding broker quotes totaled $374 million and $620 million at June 30, 2010 and December 31, 2009, 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)   | Substantially all of our retained interests were consolidated in connection with our adoption of ASU 2009-16 & 17 on January 1, 2010. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | The fair value of derivatives included an adjustment for non-performance risk. At June 30, 2010 and December 31, 2009, the cumulative adjustment was a gain of $8 million and $12 million, respectively. See Note 11 for additional information on the composition of our derivative portfolio. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

----

| (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          |   | issuances   |          | in and/or |   |          |   |   | still held at  |   |
|                                                                                    | April 1,   |          | included in   |   | comprehensive  |   | and         |          | out of    |   | June 30,      |   |   | June 30,       |   |
|                                                                                    | 2010  |          | earnings      | (a)    | income         |   | settlements |          | Level 3   | (b)    | 2010     |   |   | 2010      | (c)    |
|                                                                                    |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
| Investment securities                                                    |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|     Debt                                                            |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|         U.S. corporate                          | $          | 1,440    |          | $      | 10        |   | $           | 11       |      | $      | 180      |   | $      | (3)            |   | $ | 1,638  |   |   | $ | –  |   |
|         State and municipal                     |       | 243      |          |   | –   |   |        | (5)           |      |   | –  |   |   | –   |   |   | 238  |   |   |   | –  |   |
|         Residential                             |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|             mortgage-backed |       | 47       |          |   | –   |   |        | (7)           |      |   | –  |   |   | 6         |   |   | 46  |   |   |   | –  |   |
|         Commercial                              |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|             mortgage-backed |       | 115      |          |   | –   |   |        | (6)           |      |   | (61)          |   |   | –   |   |   | 48  |   |   |   | –  |   |
|         Asset-backed                            |       | 1,447    |          |   | 4         |   |        | 4        |      |   | 78       |   |   | (71)           |   |   | 1,462  |   |   |   | –  |   |
|         Corporate - non-U.S.                    |       | 970      |          |   | –   |   |        | (48)          |      |   | (10)          |   |   | (42)           |   |   | 870  |   |   |   | –  |   |
|         Government                              |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|              - non-U.S.     |       | 148      |          |   | –   |   |        | (21)          |      |   | 16       |   |   | –   |   |   | 143  |   |   |   | (7) |   |
|         U.S. government and                     |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|             federal agency  |       | –  |          |   | –   |   |        | –  |      |   | –  |   |   | –   |   |   | –  |   |   |   | –  |   |
|     Retained interests                                              |       | 43       |          |   | (1)            |   |        | 1        |      |   | (2)           |   |   | –   |   |   | 41  |   |   |   | –  |   |
|     Equity                                                          |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|         Available-for-sale                      |       | 16       |          |   | –   |   |        | (1)           |      |   | –  |   |   | –   |   |   | 15  |   |   |   | –  |   |
|         Trading                                 |       | –  |          |   | –   |   |        | –  |      |   | –  |   |   | –   |   |   | –  |   |   |   | –  |   |
| Derivatives(d)                                                                          |       | 171      |          |   | 40        |   |        | 5        |      |   | 8        |   |   | –   |   |   | 224  |   |   |   | 42  |   |
| Other                                                                                   |       | 497      |          |   | 1         |   |        | (45)          |      |   | 5        |   |   | 28        |   |   | 486  |   |   |   | (1) |   |
| Total                                                                                   | $          | 5,137    |          | $      | 54        |   | $           | (112)         |      | $      | 214      |   | $      | (82)           |   | $ | 5,211  |   |   | $ | 34  |   |
|                                                                                    |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|                                                                                    |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |

| (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 $35 million not reflected in the fair value hierarchy table. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (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          |   | issuances   |          | in and/or |   |          |   |   | still held at  |   |
|                                                                                    | April 1,   |          | included in   |   | comprehensive  |   | and         |          | out of    |   | June 30,      |   |   | June 30,       |   |
|                                                                                    | 2009  |          | earnings      | (a)    | income         |   | settlements |          | Level 3   | (b)    | 2009     |   |   | 2009      | (c)    |
|                                                                                    |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
| Investment securities                                                    |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|     Debt                                                            |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|         U.S. corporate                          | $          | 1,376    |          | $      | 5         |   | $           | 106      |      | $      | 57       |   | $      | 6         |   | $ | 1,550  |   |   | $ | –  |   |
|         State and municipal                     |       | 89       |          |   | –   |   |        | 44       |      |   | (1)           |   |   | 25        |   |   | 157  |   |   |   | –  |   |
|         Residential                             |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|             mortgage-backed |       | 58       |          |   | –   |   |        | –  |      |   | –  |   |   | (7)            |   |   | 51  |   |   |   | –  |   |
|         Commercial                              |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|             mortgage-backed |       | 50       |          |   | –   |   |        | –  |      |   | –  |   |   | –   |   |   | 50  |   |   |   | –  |   |
|         Asset-backed                            |       | 1,250    |          |   | (4)            |   |        | 109      |      |   | 90       |   |   | (14)           |   |   | 1,431  |   |   |   | –  |   |
|         Corporate - non-U.S.                    |       | 444      |          |   | (6)            |   |        | 48       |      |   | (34)          |   |   | –   |   |   | 452  |   |   |   | –  |   |
|         Government                              |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|              - non-U.S.     |       | 124      |          |   | –   |   |        | 15       |      |   | 3        |   |   | –   |   |   | 142  |   |   |   | –  |   |
|         U.S. government and                     |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|             federal agency  |       | –  |          |   | –   |   |        | –  |      |   | –  |   |   | –   |   |   | –  |   |   |   | –  |   |
|     Retained interests                                              |       | 6,444    |          |   | 350       |   |        | 127      |      |   | 604      |   |   | –   |   |   | 7,525  |   |   |   | 124  |   |
|     Equity                                                          |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|         Available-for-sale                      |       | 15       |          |   | 1         |   |        | 3        |      |   | –  |   |   | –   |   |   | 19  |   |   |   | –  |   |
|         Trading                                 |       | –  |          |   | –   |   |        | –  |      |   | –  |   |   | –   |   |   | –  |   |   |   | –  |   |
| Derivatives(d)(e)                                                                       |       | 398      |          |   | 52        |   |        | (22)          |      |   | (60)          |   |   | 12        |   |   | 380  |   |   |   | 54  |   |
| Other                                                                                   |       | 512      |          |   | (9)            |   |        | 28       |      |   | 40       |   |   | –   |   |   | 571  |   |   |   | –  |   |
| Total                                                                                   | $          | 10,760   |          | $      | 389       |   | $           | 458      |      | $      | 699      |   | $      | 22        |   | $ | 12,328  |   |   | $ | 178  |   |
|                                                                                    |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |
|                                                                                    |       |          |          |   |           |   |        |          |      |   |          |   |   |           |   |   |   |   |   |   |   |   |

| (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)   | Gains from derivatives were partially offset by $15 million in losses from related derivatives included in Level 2. |
|-----------------|---------------------------------------------------------------------------------------------------------------------|

| (e)   | Represented derivative assets net of derivative liabilities and included cash accruals of $49 million not reflected in the fair value hierarchy table. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (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           |   | issuances   |           | in and/or |   |            |   |   | still held at  |   |
|                                                                  | January 1, |              | included in   |   | comprehensive   |   | and         |           | out of    |   | June 30,        |   |   | June 30,       |   |
|                                                                  | 2010  | (a)               | earnings      | (b)    | income          |   | settlements |           | Level 3   | (c)    | 2010       |   |   | 2010      | (d)    |
|                                                                  |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
| Investment securities                                  |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|     Debt                                          |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|       U.S. corporate                    | $          |  1,656  |          | $      |  16   |   | $           |  45  |      | $      |  (78)      |   | $      |  (1)      |   | $ |  1,638  |   |   | $ |  – |   |
|       State and municipal               |       |  173    |          |   |  –   |   |        |  69  |      |   |  (4)       |   |   |  –  |   |   |  238  |   |   |   |  – |   |
|       Residential                       |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|          mortgage-backed |       |  44     |          |   |  –   |   |        |  3   |      |   |  –   |   |   |  (1)      |   |   |  46  |   |   |   |  – |   |
|       Commercial                        |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|          mortgage-backed |       |  1,034  |          |   |  30   |   |        |  (3)      |      |   |  (1,013)   |   |   |  –  |   |   |  48  |   |   |   |  – |   |
|       Asset-backed                      |       |  1,475  |          |   |  6    |   |        |  15  |      |   |  63   |   |   |  (97)     |   |   |  1,462  |   |   |   |  – |   |
|       Corporate - non-U.S.              |       |  993    |          |   |  (5)       |   |        |  (74)     |      |   |  172  |   |   |  (216)    |   |   |  870  |   |   |   |  (20) |   |
|       Government -                      |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|          non-U.S.        |       |  151    |          |   |  –   |   |        |  (23)     |      |   |  15   |   |   |  –  |   |   |  143  |   |   |   |  – |   |
|       U.S. government and               |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|          federal agency  |       |  –     |          |   |  –   |   |        |  –  |      |   |  –   |   |   |  –  |   |   |  – |   |   |   |  – |   |
|     Retained interests                            |       |  45     |          |   |  (1)       |   |        |  2   |      |   |  (5)       |   |   |  –  |   |   |  41  |   |   |   |  – |   |
|     Equity                                        |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|       Available-for-sale                |       |  17     |          |   |  –   |   |        |  (2)      |      |   |  –   |   |   |  –  |   |   |  15  |   |   |   |  – |   |
|       Trading                           |       |  –     |          |   |  –   |   |        |  –  |      |   |  –   |   |   |  –  |   |   |  – |   |   |   |  – |   |
| Derivatives(e)                                                        |       |  205    |          |   |  117  |   |        |  (2)      |      |   |  (47)      |   |   |  (49)     |   |   |  224  |   |   |   |  63  |   |
| Other                                                                 |       |  549    |          |   |  –   |   |        |  (68)     |      |   |  5    |   |   |  –  |   |   |  486  |   |   |   |  (1) |   |
| Total                                                                 | $          |  6,342  |          | $      |  163  |   | $           |  (38)     |      | $      |  (892)     |   | $      |  (364)    |   | $ |  5,211  |   |   | $ |  42  |   |
|                                                                  |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|                                                                  |       |              |          |   |            |   |        |           |      |   |            |   |   |           |   |   |   |   |   |   |   |   |

| (a)   | Included $1,015 million in debt securities, a reduction in retained interest of $8,782 million and a reduction in derivatives of $37 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 $35 million not reflected in the fair value hierarchy table. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (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           |   | issuances   |            | in and/or |   |            |   |   | still held at  |   |
|                                                                  | January 1, |               | included in   |   | comprehensive   |   | and         |            | out of    |   | June 30,        |   |   | June 30,       |   |
|                                                                  | 2009  |               | earnings      | (a)    | income          |   | settlements |            | Level 3   | (b)    | 2009       |   |   | 2009      | (c)    |
|                                                                  |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
| Investment securities                                  |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|     Debt                                          |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|       U.S. corporate                    | $          |  1,640   |          | $      |  13   |   | $           |  –   |      | $      |  –   |   | $      |  (103)    |   | $ |  1,550  |   |   | $ |  – |   |
|       State and municipal               |       |  247     |          |   |  –   |   |        |  (107)     |      |   |  (8)       |   |   |  25  |   |   |  157  |   |   |   |  – |   |
|       Residential                       |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|          mortgage-backed |       |  118     |          |   |  –   |   |        |  (9)       |      |   |  (20)      |   |   |  (38)     |   |   |  51  |   |   |   |  – |   |
|       Commercial                        |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|          mortgage-backed |       |  57      |          |   |  –   |   |        |  (8)       |      |   |  –   |   |   |  1   |   |   |  50  |   |   |   |  – |   |
|       Asset-backed                      |       |  1,286   |          |   |  (3)       |   |        |  206  |      |   |  83   |   |   |  (141)    |   |   |  1,431  |   |   |   |  – |   |
|       Corporate - non-U.S.              |       |  472     |          |   |  (16)      |   |        |  (11)      |      |   |  47   |   |   |  (40)     |   |   |  452  |   |   |   |  – |   |
|       Government -                      |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|          non-U.S.        |       |  418     |          |   |  –   |   |        |  (4)       |      |   |  3    |   |   |  (275)    |   |   |  142  |   |   |   |  – |   |
|       U.S. government and               |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|          federal agency  |       |  –      |          |   |  –   |   |        |  –   |      |   |  –   |   |   |  –  |   |   |  – |   |   |   |  – |   |
|     Retained interests                            |       |  6,356   |          |   |  648  |   |        |  171  |      |   |  350  |   |   |  –  |   |   |  7,525  |   |   |   |  198  |   |
|     Equity                                        |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|       Available-for-sale                |       |  17      |          |   |  –   |   |        |  3    |      |   |  (1)       |   |   |  –  |   |   |  19  |   |   |   |  – |   |
|       Trading                           |       |  –      |          |   |  –   |   |        |  –   |      |   |  –   |   |   |  –  |   |   |  – |   |   |   |  – |   |
| Derivatives(d)(e)                                                     |       |  401     |          |   |  77   |   |        |  (66)      |      |   |  (67)      |   |   |  35  |   |   |  380  |   |   |   |  (28) |   |
| Other                                                                 |       |  551     |          |   |  (19)      |   |        |  10   |      |   |  29   |   |   |  –  |   |   |  571  |   |   |   |  (21) |   |
| Total                                                                 | $          |  11,563  |          | $      | 700        |   | $           |  185  |      | $      |  416  |   | $      |  (536)    |   | $ |  12,328  |   |   | $ |  149  |   |
|                                                                  |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |
|                                                                  |       |               |          |   |            |   |        |            |      |   |            |   |   |           |   |   |   |   |   |   |   |   |

| (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)   | Gains from derivatives were more than offset by $44 million in losses from related derivatives included in Level 2 and $5 million in losses from qualifying fair value hedges. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Represented derivative assets net of derivative liabilities and included cash accruals of $49 million not reflected in the fair value hierarchy table. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                 | Remeasured during    |            | Remeasured during |
|------------------------------------------------------|----------------------|-----------------|-------------------|
|                                                 | the six months ended |            | the year ended    |
|                                                 | June 30, 2010        |            | December 31, 2009 |
| (In millions)                                        | Level 2              |            | Level 3           |   | Level 2 |   | Level 3 |
|                                                 |                 |            |              |   |   |   |   |   |   |   |   |
| Financing receivables and loans held for sale        | $                    |  132  |              | $ |  7,170  |   | $ |  78  |   | $ |  5,420  |
| Cost and equity method investments(a)                |                 |  –   |              |   |  504  |   |   |  – |   |   |  1,006  |
| Long-lived assets, including real estate             |                 |  294  |              |   |  4,907  |   |   |  435  |   |   |  5,044  |
| Retained investments in formerly                     |                 |            |              |   |   |   |   |   |   |   |   |
|     consolidated subsidiaries(b) |                 |  –   |              |   |  – |   |   |  – |   |   |  5,903  |
| Total                                                | $                    |  426  |              | $ |  12,581  |   | $ |  513  |   | $ |  17,373  |
|                                                 |                 |            |              |   |   |   |   |   |   |   |   |
|                                                 |                 |            |              |   |   |   |   |   |   |   |   |

| (a)   | Includes the fair value of private equity and real estate funds included in Level 3 of $113 million and $409 million at June 30, 2010 and December 31, 2009, respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | During the first six months ended June 30, 2010, we had a retained investment in Regency, a formerly consolidated subsidiary, in Level 1 that was remeasured to a fair value of $549 million. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                          | Three months ended June 30 |            | Six months ended June 30 |
|-----------------------------------------------|----------------------------|-----------------|--------------------------|
| (In millions)                                 | 2010                  |            | 2009                |   | 2010  |   | 2009  |
|                                          |                       |            |                     |   |   |   |   |   |   |   |   |
| Financing receivables and loans held for sale | $                          |  (684)     |                     | $ |  (429) |   | $ |  (1,209) |   | $ |  (715) |
| Cost and equity method investments(a)         |                       |  (40)      |                     |   |  (256) |   |   |  (94) |   |   |  (479) |
| Long-lived assets, including real estate      |                       |  (747)     |                     |   |  (180) |   |   |  (1,348) |   |   |  (303) |
| Retained investments in formerly consolidated |                       |            |                     |   |   |   |   |   |   |   |   |
|     subsidiaries          |                       |  109  |                     |   |  11  |   |   |  109  |   |   |  237  |
| Total                                         | $                          |  (1,362)   |                     | $ |  (854) |   | $ |  (2,542) |   | $ |  (1,260) |
|                                          |                       |            |                     |   |   |   |   |   |   |   |   |
|                                          |                       |            |                     |   |   |   |   |   |   |   |   |

| (a) | Includes fair value adjustments associated with private equity and real estate funds of $13 million and $74 million in the second quarters of 2010 and 2009, respectively, and $26 million and $171 million for the first six months of 2010 and 2009, respectively. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                           |   | At                |
|----------------------------------------------------------------|--------|-------------------|
|                                                           |   | June 30, 2010     |   |   | December 31, 2009 |
|                                                           |   |              |   |   | Assets (liabilities) |   |   |   |   |   | Assets (liabilities) |
|                                                           |   | Notional          |   |   | Carrying |   |   | Estimated |   |   | Notional |   |   | Carrying |   |   | Estimated |
| (In millions)                                                  |   | amount            |   |   | amount (net) |   |   | fair value |   |   | amount |   |   | amount (net) |   |   | fair value |
|                                                           |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Assets                                                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Loans(b)                               | $      | (a)               |   | $ |  285,409  |   | $ |  279,746  |   | $ | (a) |   | $ |  283,135  |   | $ |  269,283  |
|     Other commercial mortgages             |   | (a)               |   |   |  84  |   |   |  84  |   |   | (a) |   |   |  120  |   |   |  120  |
|     Loans held for sale                    |   | (a)               |   |   |  265  |   |   |  271  |   |   | (a) |   |   |  1,303  |   |   |  1,343  |
|     Other financial instruments(c)         |   | (a)               |   |   |  2,063  |   |   |  2,474  |   |   | (a) |   |   |  2,077  |   |   |  2,366  |
| Liabilities                                                    |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Borrowings and bank                    |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|         deposits(b)(d) |   | (a)               |   |   |  (476,596) |   |   |  (482,408) |   |   | (a) |   |   |  (497,456) |   |   |  (502,297) |
|     Guaranteed investment contracts        |   | (a)               |   |   |  (7,145) |   |   |  (6,870) |   |   | (a) |   |   |  (8,310) |   |   |  (8,394) |
|     Insurance - credit life(e)             |   |  1,557  |   |   |  (79) |   |   |  (53) |   |   | 1,574  |   |   |  (79) |   |   |  (52) |
|                                                           |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                           |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

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

| (b)   | Amounts at June 30, 2010 reflect our adoption of ASU 2009-16 & 17 on January 1, 2010. See Notes 4, 6 and 12. |
|-----------------|------------------------------------------------------------------------------------------------------------------|

| (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 June 30, 2010 and December 31, 2009 would have been reduced by $3,844 million and $2,856 million, respectively. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Net of reinsurance of $2,600 million and $2,800 million at June 30, 2010 and December 31, 2009, respectively. |
|-----------------|---------------------------------------------------------------------------------------------------------------|

|                                                        |   | Notional amount at  |
|-------------------------------------------------------------|--------|---------------------|
|                                                        |   | June 30,            |   |   | December 31, |
| (In millions)                                               |   | 2010           |   |   | 2009  |
|                                                        |   |                |   |   |   |
| Ordinary course of business lending commitments(a)(b)       | $      |  5,231    |   | $ |  6,676  |
| Unused revolving credit lines(c)                            |   |                |   |   |   |
|     Commercial                          |   |  29,556   |   |   |  31,803  |
|     Consumer - principally credit cards |   |  255,602  |   |   |  231,880  |
|                                                        |   |                |   |   |   |
|                                                        |   |                |   |   |   |

| (a)   | Excluded investment commitments of $2,687 million and $2,659 million as of June 30, 2010 and December 31, 2009, respectively. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Included a $920 million and $972 million commitment as of June 30, 2010 and December 31, 2009, respectively, associated with a secured financing arrangement that can increase to a maximum of $5,000 million and $4,998 million based on the asset volume under the arrangement as of June 30, 2010 and December 31, 2009, respectively. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Excluded inventory financing arrangements, which may be withdrawn at our option, of $12,890 million and $13,889 million as of June 30, 2010 and December 31, 2009, respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                          | At June 30, 2010 |          | At December 31, 2009 |
|-----------------------------------------------|------------------|---------------|----------------------|
|                                          | Fair value       |          | Fair value           |
| (In millions)                                 | Assets           |          | Liabilities          |   | Assets |   | Liabilities |
|                                          |             |          |                 |   |   |   |   |   |   |   |   |
| Derivatives accounted for as hedges           |             |          |                 |   |   |   |   |   |   |   |   |
|    Interest rate contracts     | $                | 6,583    |                 | $ | 2,541  |   | $ | 4,421  |   | $ | 3,468  |
|    Currency exchange contracts |             | 3,650    |                 |   | 2,754  |   |   | 4,199  |   |   | 2,316  |
|    Other contracts             |             |  – |                 |   |  – |   |   | 10  |   |   | 4  |
|                                          |             | 10,233   |                 |   | 5,295  |   |   | 8,630  |   |   | 5,788  |
| Derivatives not accounted for as hedges       |             |          |                 |   |   |   |   |   |   |   |   |
|    Interest rate contracts     |             | 413      |                 |   | 699  |   |   | 584  |   |   | 702  |
|    Currency exchange contracts |             | 1,278    |                 |   | 903  |   |   | 1,319  |   |   | 462  |
|    Other contracts             |             | 257      |                 |   | 55  |   |   | 329  |   |   | 105  |
|                                          |             | 1,948    |                 |   | 1,657  |   |   | 2,232  |   |   | 1,269  |
| Netting adjustment(a)                         |             | (4,530)       |                 |   | (4,538) |   |   | (3,611) |   |   | (3,623) |
|                                          |             |          |                 |   |   |   |   |   |   |   |   |
| Total                                         | $                | 7,651    |                 | $ | 2,414  |   | $ | 7,251  |   | $ | 3,434  |
|                                          |             |          |                 |   |   |   |   |   |   |   |   |
|                                          |             |          |                 |   |   |   |   |   |   |   |   |
|                                          |             |          |                 |   |   |   |   |   |   |   |   |

| 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 June 30, 2010 and December 31, 2009, the cumulative adjustment for non-performance risk was a gain of $8 million and $12 million, respectively. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                        |        |                        |        | Three months ended |
|-----------------------------|-------------|-----------------------------|-------------|--------------------|
|                        |        |                        |        | June 30, 2010      |   | June 30, 2009 |
| (In millions)               |        | Financial statement caption |        | Gain (loss)        |   | Gain (loss) |   | Gain (loss) |   | Gain (loss) |
|                        | on hedging  | on hedged                   | on hedging  | on hedged          |
|                        | derivatives | items                       | derivatives | items              |
|                        |        |                        |        |               |   |   |   |   |   |   |   |   |   |   |
| Interest rate contracts     |        | Interest                    |        | $                  |  2,551  |   | $ | (2,721) |   | $ |  (4,243) |   | $ |  4,260  |
| Currency exchange contracts |        | Interest                    |        |               |  11  |   |   |  (15) |   |   |  (91) |   |   |  83  |
|                        |        |                        |        |               |   |   |   |   |   |   |   |   |   |   |
|                        |        |                        |        |               |   |   |   |   |   |   |   |   |   |   |

|                        |        |                        |        | Six months ended |
|-----------------------------|-------------|-----------------------------|-------------|------------------|
|                        |        |                        |        | June 30, 2010    |   | June 30, 2009 |
| (In millions)               |        | Financial statement caption |        | Gain (loss)      |   | Gain (loss) |   | Gain (loss) |   | Gain (loss) |
|                        | on hedging  | on hedged                   | on hedging  | on hedged        |
|                        | derivatives | items                       | derivatives | items            |
|                        |        |                        |        |             |   |   |   |   |   |   |   |   |   |   |
| Interest rate contracts     |        | Interest                    |        | $                |  3,811  |   | $ | (4,130) |   | $ |  (5,180) |   | $ |  5,246  |
| Currency exchange contracts |        | Interest                    |        |             |  (9) |   |   | 1  |   |   |  (1,058) |   |   |  1,032  |
|                        |        |                        |        |             |   |   |   |   |   |   |   |   |   |   |
|                        |        |                        |        |             |   |   |   |   |   |   |   |   |   |   |

----

|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
|-----------------------------|--------|--------------------------------|-------------|------------|--------|-----------------------------------|--------|------------------------|--------------------|--------------------------|-------------|--------|--------|-----------------|
|                        |   |                           |        |       |   |          |   |                   |     | Gain (loss) reclassified |
|                        |   | Gain (loss) recognized in AOCI |        |       |   | from AOCI into earnings           |
|                        |   | for the three months ended     |        |       |   | for the three months ended        |
|                        |   | June 30,                       |        | June 30,   |   |                              |   | June 30,               |               | June 30,                 |
| (In millions)               |   | 2010                      |        | 2009  |   | Financial statement caption       |   | 2010              |               | 2009                |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
| Cash flow hedges            |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
| Interest rate contracts     |   | $                              | (253)       |       | $      | 632                          |   | Interest               |               | $                        | (354)       |   | $      |  (603)     |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
| Currency exchange contracts |   |                           | (1,071)     |       |   | 1,553                        |   | Interest               |               |                     |  (89)  |   |   |  997  |
|                        |   |                           |        |       |   |                              |   | Revenues from services |               |                     |  (951) |   |   |  273  |
| Commodity contracts         |   |                           | 3      |       |   | 14                           |   |                   |               |                     |        |   |   |            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
| Total                       |   | $                              | (1,321)     |       | $      | 2199                         |   |                   |               | $                        | (1,394)     |   | $      |  667  |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
|                        |   | Gain (loss) recognized in CTA  |        |       |   | Gain (loss) reclassified from CTA |
|                        |   | for the three months ended     |        |       |   | for the three months ended        |
|                        |   | June 30,                       |        | June 30,   |   |                              |   | June 30,               |               | June 30,                 |
| (In millions)               |   | 2010                      |        | 2009  |   | Financial statement caption       |   | 2010              |               | 2009                |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
| Net investment hedges       |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
| Currency exchange contracts |   | $                              | 1,804  |       | $      | (5,485)                           |   | Revenues from services |               | $                        |  (9)   |   | $      | 9          |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |        |   |   |            |

|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
|-----------------------------|--------|--------------------------------|-------------|------------|--------|-----------------------------------|--------|------------------------|--------------------|--------------------------|---------------|--------|--------|-----------------|
|                        |   |                           |        |       |   |          |   |                   |     | Gain (loss) reclassified |
|                        |   | Gain (loss) recognized in AOCI |        |       |   | from AOCI into earnings           |
|                        |   | for the six months ended       |        |       |   | for the six months ended          |
|                        |   | June 30,                       |        | June 30,   |   |                              |   | June 30,               |               | June 30,                 |
| (In millions)               |   | 2010                      |        | 2009  |   | Financial statement caption       |   | 2010              |               | 2009                |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
| Cash flow hedges            |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
| Interest rate contracts     |   | $                              | (486)       |       | $      | 773                          |   | Interest               |               | $                        | (774)         |   | $      |  (1,090)   |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
| Currency exchange contracts |   |                           | (1,417)     |       |   | 2,122                        |   | Interest               |               |                     |  (89)    |   |   |  996  |
|                        |   |                           |        |       |   |                              |   | Revenues from services |               |                     |  (1,488) |   |   |  4    |
| Commodity contracts         |   |                           | 5      |       |   | 15                           |   |                   |               |                     |          |   |   |            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
| Total                       |   | $                              | (1,898)     |       | $      | 2,910                        |   |                   |               | $                        | (2,351)       |   | $      |  (90)      |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
|                        |   | Gain (loss) recognized in CTA  |        |       |   | Gain (loss) reclassified from CTA |
|                        |   | for the six months ended       |        |       |   | for the six months ended          |
|                        |   | June 30,                       |        | June 30,   |   |                              |   | June 30,               |               | June 30,                 |
| (In millions)               |   | 2010                      |        | 2009  |   | Financial statement caption       |   | 2010              |               | 2009                |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
| Net investment hedges       |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
| Currency exchange contracts |   | $                              | 2,245  |       | $      | (3,159)                           |   | Revenues from services |               | $                        |  (9)     |   | $      | (30)            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |
|                        |   |                           |        |       |   |                              |   |                   |               |                     |          |   |   |            |

----

----

----

| ·   | Trinity is a group of sponsored special purpose entities that holds investment securities, the majority of which are investment grade and are funded by the issuance of GICs. These entities were consolidated in 2003, and ceased issuing new investment contracts beginning in the first quarter of 2010. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 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 would be required to provide approximately $1,896 million to such entities as of June 30, 2010 pursuant to letters of credit issued by GECC. To the extent that the entities’ liabilities exceed the ultimate value of the proceeds from the sale of their assets and the amount drawn under the letters of credit, GECC could be required to provide such excess amount. As the borrowings of these entities are already reflected in our consolidated Statement of Financial Position, there would be no change in our debt if this were to occur. As of June 30, 2010, the carrying value of the liabilities of these entities’ was $7,329 million and the fair value of their assets was $6,563 million (which included net unrealized losses on investment securities of $949 million). With respect to these investment securities, we intend to hold them at least until such time as their individual fair values exceed their amortized cost. We have the ability to hold all such debt securities until maturity. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Consolidated liquidating securitization entities comprise entities that were consolidated in 2003 and which have been in run-off since then. These entities hold financing receivables and other financial assets. There has been no significant difference between the performance of these financing receivables and our on-book receivables on a blended basis. Contractually the cash flows from these financing receivables must first be used to pay down outstanding commercial paper and interest thereon as well as other expenses of the entity. Excess cash flows are available to GECC. The creditors of these entities have no claim on the other assets of GECC. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | If the short-term credit rating of GECC or these entities were reduced below A–1+/P–1, GECC would be required to provide substitute liquidity for those entities or provide funds to retire the outstanding commercial paper. The maximum net amount that we would be required to provide in the event of such a downgrade is determined by contract, and totaled $2,161 million at June 30, 2010. As the borrowings of these entities are reflected in our Statement of Financial Position, our total debt would not change as a result of such an event. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Securitization QSPEs comprise previously off-book QSPEs that were consolidated on January 1, 2010 in connection with our adoption of ASU 2009-16 & 17. These entities were created to facilitate securitization of financial assets and other forms of asset-backed financing which serve as an alternative funding source by providing access to the commercial paper and term markets. The securitization transactions executed with these entities are similar to those used by many financial institutions and substantially all are non-recourse. We provide servicing for substantially all of the assets in these entities. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|    | The financing receivables in these entities have similar risks and characteristics to our other financing receivables and were underwritten to the same standard. Accordingly, the performance of these assets has been similar to our other financing receivables; however, the blended performance of the pools of receivables in these entities reflects the eligibility criteria that we apply to determine which receivables are selected for transfer. Contractually the cash flows from these financing receivables must be used to pay third-party debt holders as well as other expenses of the entity. Excess cash flows are available to GECC. The creditors of these entities have no claim on the other assets of GECC. |
|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Other remaining assets and liabilities of consolidated VIEs relate primarily to three categories of entities: (1) enterprises we acquired that had previously created asset-backed financing entities to fund commercial real estate, middle-market and equipment loans; we are the collateral manager for these entities; (2) entities that have executed on-balance sheet securitizations of financial assets and of third party trade receivables; and (3) other entities that are involved in power generating, leasing and real estate activities. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                     |   |              |   | Consolidated |              |   |   |               |   |   |              |   |   |
|--------------------------------------------------------------------------|--------|-------------------|--------|--------------|-------------------|--------|--------|--------------------|--------|--------|-------------------|--------|--------|
|                                                                     |   |              |   | Liquidating  |              |   |   |               |   |   |              |   |   |
|                                                                     |   |              |   |         | Securitization    |   |   | Securitization     |   |   |              |   |   |   |
| (In millions)                                                            |   | Trinity           | (a)    |         | Entities          | (a)    |   | QSPEs              | (b)(c) |   | Other             | (c)    |   | Total |
|                                                                     |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| June 30, 2010                                                            |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| Assets                                                                   |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| Financing receivables, net                                               | $      |  –     |   | $            |  2,222  |   | $      |  36,758  |   | $      |  4,204  |   | $      |  43,184  |
| Investment securities                                                    |   |  6,168  |   |         |  –     |   |   |  –      |   |   |  –     |   |   |  6,168  |
| Other assets(d)                                                          |   |  395    |   |         |  23     |   |   |  627     |   |   |  1,906  |   |   |  2,951  |
| Total                                                                    | $      |  6,563  |   | $            |  2,245  |   | $      |  37,385  |   | $      |  6,110  |   | $      |  52,303  |
|                                                                     |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| Liabilities                                                              |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| Borrowings(d)                                                            | $      |  –     |   | $            |  –     |   | $      |  239     |   | $      |  833    |   | $      |  1,072  |
| Non-recourse borrowings of                                               |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
|       consolidated securitization entities |   |  –     |   |         |  2,100  |   |   |  28,786  |   |   |  1,810  |   |   |  32,696  |
| Other liabilities(d)                                                     |   |  7,329  |   |         |  60     |   |   |  544     |   |   |  1,336  |   |   |  9,269  |
| Total                                                                    | $      |  7,329  |   | $            |  2,160  |   | $      |  29,569  |   | $      |  3,979  |   | $      |  43,037  |
|                                                                     |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| December 31, 2009                                                        |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| Assets                                                                   |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| Financing receivables, net                                               | $      |  –     |   | $            |  2,576  |   | $      |  –      |   | $      |  4,277  |   | $      |  6,853  |
| Investment securities                                                    |   |  6,629  |   |         |  –     |   |   |  –      |   |   |  35     |   |   |  6,664  |
| Other assets(d)                                                          |   |  716    |   |         |  32     |   |   |  –      |   |   |  871    |   |   |  1,619  |
| Total                                                                    | $      |  7,345  |   | $            |  2,608  |   | $      |  –      |   | $      |  5,183  |   | $      |  15,136  |
|                                                                     |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| Liabilities                                                              |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
| Borrowings(d)                                                            | $      |  –     |   | $            |  –     |   | $      |  –      |   | $      |  1,754  |   | $      |  1,754  |
| Non-recourse borrowings of                                               |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
|       consolidated securitization entities |   |  –     |   |         |  2,424  |   |   |  –      |   |   |  684    |   |   |  3,108  |
| Other liabilities(d)                                                     |   |  8,519  |   |         |  80     |   |   |  –      |   |   |  441    |   |   |  9,040  |
|                                                                     | $      |  8,519  |   | $            |  2,504  |   | $      |  –      |   | $      | 2,879        |   | $      |  13,902  |
|                                                                     |   |              |   |         |              |   |   |               |   |   |              |   |   |   |
|                                                                     |   |              |   |         |              |   |   |               |   |   |              |   |   |   |

| (a) | Entities consolidated on July 1, 2003 or January 1, 2004 as a result of amendments to U.S. GAAP. |
|-----|--------------------------------------------------------------------------------------------------|

| (b) | Entities consolidated on January 1, 2010 by the initial application of ASU 2009-16 & 17. |
|-----|----------------------------------------------------------------------------------------------|

| (c)   | 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 $1,060 million at June 30, 2010 and $2,088 million at December 31, 2009. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Other assets, borrowings and other liabilities exclude intercompany balances that are eliminated in consolidation. |
|-----------------|--------------------------------------------------------------------------------------------------------------------|

----

|                     | Credit card |         |        |   |         |   |   |         |   |   |        |   |   |
|--------------------------|-------------|--------------|-------------|--------|--------------|--------|--------|--------------|--------|--------|-------------|--------|--------|
| (In millions)            | receivables |         | Real estate |   | Equipment(a) |   | Other  |         | Total  |
|                     |        |         |        |   |         |   |   |         |   |   |        |   |   |   |
| June 30, 2010            |        |         |        |   |         |   |   |         |   |   |        |   |   |   |
| Asset amount outstanding | $           | 22,051  |        | $      | 4,779   |   | $      | 8,945   |   | $      | 2,917  |   | $      | 38,692  |
| Outstanding debt         |        | 13,511  |        |   | 4,616   |   |   | 7,621   |   |   | 3,277  |   |   | 29,025  |
|                     |        |         |        |   |         |   |   |         |   |   |        |   |   |   |
| December 31, 2009        |        |         |        |   |         |   |   |         |   |   |        |   |   |   |
| Asset amount outstanding | $           | 25,573  |        | $      | 7,381   |   | $      | 10,414  |   | $      | 3,528  |   | $      | 46,896  |
| Outstanding debt         |        | 18,799  |        |   | 7,367   |   |   | 9,312   |   |   | 4,206  |   |   | 39,684  |
|                     |        |         |        |   |         |   |   |         |   |   |        |   |   |   |
|                     |        |         |        |   |         |   |   |         |   |   |        |   |   |   |

| (a) | Included floorplan receivables. |
|-----|---------------------------------|

----

|                                            | At         |
|-------------------------------------------------|------------|
|                                            | June 30,   |   | December 31, |
| (In millions)                                   | 2010  |   | 2009  |
|                                            |       |   |   |   |   |
| Other assets and investment securities          | $          | 9,156  |   | $ | 8,569  |
| Financing receivables                           |       | 1,750  |   |   | 769  |
| Total investment                                |       | 10,906  |   |   | 9,338  |
| Contractual obligations to fund new investments |       | 1,948  |   |   | 1,387  |
| Maximum exposure to loss                        | $          | 12,854  |   | $ | 10,725  |
|                                            |       |   |   |   |   |
|                                            |       |   |   |   |   |

----

----

----

----

|                                                       | Three months ended June 30 |               | Six months ended June 30 |
|------------------------------------------------------------|----------------------------|--------------------|--------------------------|
|                                                       | (Unaudited)                |               | (Unaudited)              |
| (In millions)                                              | 2010                  |               | 2009                |   | 2010  |   | 2009  |
| Revenues                                                   |                       |               |                     |   |   |   |   |   |   |   |   |
| CLL(a)                                                     | $                          |  4,506   |                     | $ |  5,306  |   | $ |  9,100  |   | $ |  10,986  |
| Consumer(a)                                                |                       |  4,832   |                     |   |  4,851  |   |   |  9,796  |   |   |  9,563  |
| Real Estate                                                |                       |  991     |                     |   |  1,014  |   |   |  1,935  |   |   |  1,989  |
| Energy Financial Services                                  |                       |  595     |                     |   |  490  |   |   |  1,386  |   |   |  1,134  |
| GECAS(a)                                                   |                       |  1,259   |                     |   |  1,163  |   |   |  2,498  |   |   |  2,266  |
|       Total segment revenues |                       |  12,183  |                     |   |  12,824  |   |   |  24,715  |   |   |  25,938  |
| GECC corporate items and eliminations                      |                       |  114     |                     |   |  (88) |   |   |  (87) |   |   |  573  |
| Total revenues in GECC                                     | $                          |  12,297  |                     | $ |  12,736  |   | $ |  24,628  |   | $ |  26,511  |
|                                                       |                       |               |                     |   |   |   |   |   |   |   |   |
| Segment profit                                             |                       |               |                     |   |   |   |   |   |   |   |   |
| CLL(a)                                                     | $                          |  312     |                     | $ |  243  |   | $ |  544  |   | $ |  481  |
| Consumer(a)                                                |                       |  735     |                     |   |  252  |   |   |  1,328  |   |   |  989  |
| Real Estate                                                |                       |  (524)        |                     |   |  (237) |   |   |  (927) |   |   |  (410) |
| Energy Financial Services                                  |                       |  126     |                     |   |  65  |   |   |  279  |   |   |  140  |
| GECAS(a)                                                   |                       |  288     |                     |   |  285  |   |   |  605  |   |   |  546  |
|       Total segment profit   |                       |  937     |                     |   |  608  |   |   |  1,829  |   |   |  1,746  |
| GECC corporate items and eliminations(b)                   |                       |  (107)        |                     |   |  (177) |   |   |  (392) |   |   |  (286) |
| Earnings from continuing operations attributable to GECC   |                       |  830     |                     |   |  431  |   |   |  1,437  |   |   |  1,460  |
| Loss from discontinued operations, net of taxes,           |                       |               |                     |   |   |   |   |   |   |   |   |
|      attributable to GECC         |                       |  (187)        |                     |   |  (194) |   |   |  (574) |   |   |  (197) |
| Total net earnings attributable to GECC                    | $                          |  643     |                     | $ |  237  |   | $ |  863  |   | $ |  1,263  |
|                                                       |                       |               |                     |   |   |   |   |   |   |   |   |
|                                                       |                       |               |                     |   |   |   |   |   |   |   |   |

| (a)   | During the first quarter of 2010, we transferred the Transportation Financial Services business from GECAS to CLL and the Consumer business in Italy from Consumer to CLL. Prior-period amounts were reclassified to conform to the current-period presentation. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                       | Three months ended June 30 |        | Six months ended June 30 |
|----------------------------|----------------------------|-------------|--------------------------|
| (In millions)              | 2010                  |        | 2009                |   | 2010  |   | 2009  |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
| Revenues                   | $                          | 4,506  |                     | $ | 5,306  |   | $ | 9,100  |   | $ | 10,986  |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
| Segment profit             | $                          | 312    |                     | $ | 243  |   | $ | 544  |   | $ | 481  |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
|                       |                       |        | At                       |
|                       |                       |        | June 30,                 |   | June 30, |   | December 31, |
| (In millions)              |                       |        | 2010                |   | 2009  |   | 2009  |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
| Total assets               |                       |        |                     | $ | 202,386  |   | $ | 224,556  |   | $ | 210,742  |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
|                       | Three months ended June 30 |        | Six months ended June 30 |
| (In millions)              | 2010                  |        | 2009                |   | 2010  |   | 2009  |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
| Revenues                   |                       |        |                     |   |   |   |   |   |   |   |   |
|    Americas | $                          | 2,440  |                     | $ | 2,699  |   | $ | 4,856  |   | $ | 4,981  |
|    Europe   |                       | 1,027  |                     |   | 1,383  |   |   | 2,131  |   |   | 2,585  |
|    Asia     |                       | 522    |                     |   | 586  |   |   | 1,059  |   |   | 1,090  |
|    Other    |                       | 517    |                     |   | 638  |   |   | 1,054  |   |   | 2,330  |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
| Segment profit             |                       |        |                     |   |   |   |   |   |   |   |   |
|    Americas | $                          | 269    |                     | $ | 169  |   | $ | 518  |   | $ | 156  |
|    Europe   |                       | 89     |                     |   | 147  |   |   | 170  |   |   | 220  |
|    Asia     |                       | 68     |                     |   | 36  |   |   | 86  |   |   | 46  |
|    Other    |                       | (114)       |                     |   | (109) |   |   | (230) |   |   | 59  |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
|                       |                       |        |                     |   |   | At |   |   |
|                       |                       |        | June 30,                 |   | June 30, |   | December 31, |
| (In millions)              |                       |        | 2010                |   | 2009  |   | 2009  |
|                       |                       |        |                     |   |   |   |   |   |   |   |   |
| Total assets               |                       |        |                     |   |   |   |   |   |   |   |   |
|    Americas |                       |        |                     | $ | 119,101  |   | $ | 126,215  |   | $ | 115,628  |
|    Europe   |                       |        |                     |   | 45,592  |   |   | 55,801  |   |   | 54,651  |
|    Asia     |                       |        |                     |   | 17,671  |   |   | 20,353  |   |   | 19,451  |
|    Other    |                       |        |                     |   | 20,022  |   |   | 22,187  |   |   | 21,012  |

----

|           | Three months ended June 30 |        | Six months ended June 30 |
|----------------|----------------------------|-------------|--------------------------|
| (In millions)  | 2010                  |        | 2009                |   | 2010  |   |   | 2009  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
| Revenues       | $                          | 4,832  |                     | $ | 4,851  |   | $ | 9,796  |   | $ | 9,563  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
| Segment profit | $                          | 735    |                     | $ | 252  |   | $ | 1,328  |   | $ | 989  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
|           |                       |        | At                       |
|           |                       |        | June 30,                 |   | June 30, |   | December 31, |
| (In millions)  |                       |        | 2010                |   | 2009  |   | 2009  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
| Total assets   |                       |        |                     | $ | 161,989  |   | $ | 178,325  |   | $ | 174,019  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |

----

|           | Three months ended June 30 |      | Six months ended June 30 |
|----------------|----------------------------|-----------|--------------------------|
| (In millions)  | 2010                  |      | 2009                |   | 2010  |   | 2009  |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
| Revenues       | $                          | 991  |                     | $ | 1,014  |   | $ | 1,935  |   | $ | 1,989  |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
| Segment profit | $                          | (524)     |                     | $ | (237) |   | $ | (927) |   | $ | (410) |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
|           |                       |      | At                       |
|           |                       |      | June 30,                 |   | June 30, |   | December 31, |
| (In millions)  |                       |      | 2010                |   | 2009  |   | 2009  |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
| Total assets   |                       |      |                     | $ | 76,597  |   | $ |  83,960  |   | $ | 81,505  |
|           |                       |      |                     |   |   |   |   |   |   |   |   |

----

|           | Three months ended June 30 |      | Six months ended June 30 |
|----------------|----------------------------|-----------|--------------------------|
| (In millions)  | 2010                  |      | 2009                |   | 2010  |   | 2009  |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
| Revenues       | $                          | 595  |                     | $ | 490  |   | $ | 1,386  |   | $ | 1,134  |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
| Segment profit | $                          | 126  |                     | $ | 65  |   | $ | 279  |   | $ | 140  |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
|           |                       |      | At                       |
|           |                       |      | June 30,                 |   | June 30, |   | December 31, |
| (In millions)  |                       |      | 2010                |   | 2009  |   | 2009  |
|           |                       |      |                     |   |   |   |   |   |   |   |   |
| Total assets   |                       |      |                     | $ | 20,489  |   | $ | 22,956  |   | $ | 22,616  |
|           |                       |      |                     |   |   |   |   |   |   |   |   |

|           | Three months ended June 30 |        | Six months ended June 30 |
|----------------|----------------------------|-------------|--------------------------|
| (In millions)  | 2010                  |        | 2009                |   | 2010  |   | 2009  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
| Revenues       | $                          | 1,259  |                     | $ | 1,163  |   | $ | 2,498  |   | $ | 2,266  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
| Segment profit | $                          | 288    |                     | $ | 285  |   | $ | 605  |   | $ | 546  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
|           |                       |        | At                       |
|           |                       |        | June 30,                 |   | June 30, |   | December 31, |
| (In millions)  |                       |        | 2010                |   | 2009  |   | 2009  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |
| Total assets   |                       |        |                     | $ | 48,555  |   | $ | 47,237  |   | $ | 48,178  |
|           |                       |        |                     |   |   |   |   |   |   |   |   |

----

|                                 | Three months ended June 30 |   | Six months ended June 30 |
|--------------------------------------|----------------------------|--------|--------------------------|
| (In millions)                        | 2010                  |   | 2009                |   | 2010  |   | 2009  |
|                                 |                       |   |                     |   |   |   |   |   |   |   |   |
| Loss from discontinued operations,   |                       |   |                     |   |   |   |   |   |   |   |   |
|     net of taxes | $                          | (187)  |                     | $ | (194) |   | $ | (574) |   | $ | (197) |
|                                 |                       |   |                     |   |   |   |   |   |   |   |   |

| ·   | Increase of $30.9 billion in assets and $32.4 billion in liabilities and a net reduction of total equity (including noncontrolling interests) of $1.4 billion on January 1, 2010, as a result of the adoption of Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2009-16 and ASU 2009-17 (ASU 2009-16 & 17); |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Repayments exceeded new issuances of total borrowings by $40.0 billion and collections on financing receivables exceeded originations by $17.3 billion; and |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | The U.S. dollar was stronger at June 30, 2010 than at December 31, 2009, decreasing the translated levels of our non-U.S. dollar assets and liabilities. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

----

|                                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
|----------------------------------------|--------------------------|---------------|---------------------------|--------|-------------------------|--------|------------|---------------------|------------|--------|--------------|--------|------------|--------------|------------|--------|--------------|--------|--------|-------------------|--------|--------|-------------------|--------|--------|-------------------|
|                                   | Financing receivables at |          | Nonearning receivables at |   | Allowance for losses at |
|                                   | June 30,                 |          | January 1,                |   | December 31,            |   | June 30,   |                | January 1, |   | December 31, |   | June 30,   |         | January 1, |   | December 31, |
| (In millions)                          | 2010                |          | 2010(a)                   |   | 2009               |   | 2010  |                | 2010(a)    |   | 2009    |   | 2010  |         | 2010(a)    |   | 2009    |
|                                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
| CLL(b)                                 |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
| Americas                               | $                        | 93,042   |                      | $      |  99,666       |   | $          |  87,496   |       | $      | 3,076   |   | $          | 3,437   |       | $      | 3,155   |   | $      |  1,362  |   | $      |  1,245  |   | $      |  1,179  |
| Europe                                 |                     | 36,067   |                      |   |  43,403       |   |       |  41,455   |       |   | 902     |   |       | 1,441   |       |   | 1,441   |   |   |  382    |   |   |  575    |   |   |  575    |
| Asia                                   |                     | 11,914   |                      |   |  13,159       |   |       |  13,202   |       |   | 422     |   |       | 559     |       |   | 576     |   |   |  234    |   |   |  234    |   |   |  244    |
| Other                                  |                     | 2,727    |                      |   |  2,836        |   |       |  2,836    |       |   | 24      |   |       | 24      |       |   | 24      |   |   |  8      |   |   |  11     |   |   |  11     |
|                                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
| Consumer(b)                            |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
| Non-U.S. residential                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
|    mortgages(c)         |                     | 48,013   |                      |   |  58,345       |   |       |  58,345   |       |   | 4,187   |   |       | 4,515   |       |   | 4,515   |   |   |  892    |   |   |  949    |   |   |  949    |
| Non-U.S. installment                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
|    and revolving credit |                     | 21,783   |                      |   |  24,976       |   |       |  24,976   |       |   | 408     |   |       | 451     |       |   | 451     |   |   |  1,020  |   |   |  1,181  |   |   |  1,181  |
| U.S. installment and                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
|    revolving credit     |                     | 42,946   |                      |   |  47,171       |   |       |  23,190   |       |   | 1,228   |   |       | 1,633   |       |   | 841     |   |   |  2,754  |   |   |  3,300  |   |   |  1,698  |
| Non-U.S. auto                          |                     | 10,012   |                      |   |  13,344       |   |       |  13,344   |       |   | 54      |   |       | 72      |       |   | 72      |   |   |  234    |   |   |  308    |   |   |  308    |
| Other                                  |                     | 9,764    |                      |   |  11,688       |   |       |  11,688   |       |   | 473     |   |       | 625     |       |   | 625     |   |   |  257    |   |   |  300    |   |   |  300    |
|                                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
| Real Estate(d)                         |                     | 44,006   |                      |   |  48,673       |   |       |  44,841   |       |   | 1,618   |   |       | 1,358   |       |   | 1,252   |   |   |  1,797  |   |   |  1,536  |   |   |  1,494  |
|                                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
| Energy Financial                       |                     | 7,472    |                      |   |  7,790        |   |       |  7,790    |       |   | 77      |   |       | 78      |       |   | 78      |   |   |  53     |   |   |  28     |   |   |  28     |
|    Services             |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
|                                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
| GECAS(b)                               |                     | 12,337   |                      |   |  13,254       |   |       |  13,254   |       |   | 77      |   |       | 153     |       |   | 153     |   |   |  50     |   |   |  104    |   |   |  104    |
|                                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
| Other(e)                               |                     | 2,272    |                      |   |  2,614        |   |       |  2,614    |       |   | 105     |   |       | 72      |       |   | 72      |   |   |  50     |   |   |  34     |   |   |  34     |
| Total                                  | $                        | 342,355  |                      | $      |  386,919      |   | $          |  345,031  |       | $      | 12,651  |   | $          | 14,418  |       | $      | 13,255  |   | $      |  9,093  |   | $      |  9,805  |   | $      |  8,105  |
|                                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |
|                                   |                     |          |                      |   |                    |   |       |                |       |   |         |   |       |         |       |   |         |   |   |              |   |   |              |   |   |              |

| (a)   | Reflects the adoption of ASU 2009-16 & 17 on January 1, 2010. See Note 12. |
|-----------------|--------------------------------------------------------------------------------|

| (b)   | During the first quarter of 2010, we transferred the Transportation Financial Services business from GECAS to CLL and the Consumer business in Italy from Consumer to CLL. Prior-period amounts were reclassified to conform to the current-period presentation. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | At June 30, 2010, net of credit insurance, approximately 23% of this portfolio comprised loans with introductory, below market rates that are scheduled to adjust at future dates; with high loan-to-value ratios at inception; 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. 81% of these loans 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 17.2% and have loan-to-value ratio at origination of 75%. At June 30, 2010, 2% (based on dollar values) of these loans in our U.K. and France portfolios have been restructured. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Financing receivables included $224 million and $317 million of construction loans at June 30, 2010 and December 31, 2009, respectively. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Consisted of loans and financing leases related to certain consolidated, liquidating securitization entities. |
|-----------------|---------------------------------------------------------------------------------------------------------------|

----

|                                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
|----------------------------------------|-----------------------------|--------|-------------------------|-----------|----------------------------|--------|------------|--------|------------|-------------|--------------|--------|-------------|--------|------------|-------------|--------------|--------|-----------|--------|--------|-----------|--------|--------|-----------|--------|
|                                   | Nonearning receivables as a |   | Allowance for losses as |      | Allowance for losses as a  |
|                                   | percent of financing        |   | a percent of nonearning |      | percent of total financing |
|                                   | receivables                 |   | receivables             |      | receivables                |
|                                   | June 30,                    |   | January 1,              |      | December 31,               |   | June 30,   |   | January 1, |        | December 31, |   | June 30,    |   | January 1, |        | December 31, |
|                                   | 2010                   |   | 2010(a)                 |      | 2009                  |   | 2010  |   | 2010(a)    |        | 2009    |   | 2010   |   | 2010(a)    |        | 2009    |
| CLL(b)                                 |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
| Americas                               | 3.3                    | %      |                    | 3.4  | %                          |   | 3.6   | %      |       | 44.3   | %            |   | 36.2   | %      |       | 37.4   | %            |   | 1.5  | %      |   | 1.2  | %      |   | 1.3  | %      |
| Europe                                 | 2.5                    |   |                    | 3.3  |                       |   | 3.5   |   |       | 42.4   |         |   | 39.9   |   |       | 39.9   |         |   | 1.1  |   |   | 1.3  |   |   | 1.4  |   |
| Asia                                   | 3.5                    |   |                    | 4.2  |                       |   | 4.4   |   |       | 55.5   |         |   | 41.9   |   |       | 42.4   |         |   | 2.0  |   |   | 1.8  |   |   | 1.8  |   |
| Other                                  | 0.9                    |   |                    | 0.8  |                       |   | 0.8   |   |       | 33.3   |         |   | 45.8   |   |       | 45.8   |         |   | 0.3  |   |   | 0.4  |   |   | 0.4  |   |
|                                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
| Consumer(b)                            |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
| Non-U.S. residential                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
|    mortgages            | 8.7                    |   |                    | 7.7  |                       |   | 7.7   |   |       | 21.3   |         |   | 21.0   |   |       | 21.0   |         |   | 1.9  |   |   | 1.6  |   |   | 1.6  |   |
| Non-U.S. installment                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
|    and revolving credit | 1.9                    |   |                    | 1.8  |                       |   | 1.8   |   |       | 250.0  |         |   | 261.9  |   |       | 261.9  |         |   | 4.7  |   |   | 4.7  |   |   | 4.7  |   |
| U.S. installment and                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
|    revolving credit     | 2.9                    |   |                    | 3.5  |                       |   | 3.6   |   |       | 224.3  |         |   | 202.1  |   |       | 201.9  |         |   | 6.4  |   |   | 7.0  |   |   | 7.3  |   |
| Non-U.S. auto                          | 0.5                    |   |                    | 0.5  |                       |   | 0.5   |   |       | 433.3  |         |   | 427.8  |   |       | 427.8  |         |   | 2.3  |   |   | 2.3  |   |   | 2.3  |   |
| Other                                  | 4.8                    |   |                    | 5.3  |                       |   | 5.3   |   |       | 54.3   |         |   | 48.0   |   |       | 48.0   |         |   | 2.6  |   |   | 2.6  |   |   | 2.6  |   |
|                                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
| Real Estate                            | 3.7                    |   |                    | 2.8  |                       |   | 2.8   |   |       | 111.1  |         |   | 113.1  |   |       | 119.3  |         |   | 4.1  |   |   | 3.2  |   |   | 3.3  |   |
|                                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
| Energy Financial                       | 1.0                    |   |                    | 1.0  |                       |   | 1.0   |   |       | 68.8   |         |   | 35.9   |   |       | 35.9   |         |   | 0.7  |   |   | 0.4  |   |   | 0.4  |   |
|    Services             |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
|                                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
| GECAS(b)                               | 0.6                    |   |                    | 1.2  |                       |   | 1.2   |   |       | 64.9   |         |   | 68.0   |   |       | 68.0   |         |   | 0.4  |   |   | 0.8  |   |   | 0.8  |   |
|                                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
| Other                                  | 4.6                    |   |                    | 2.8  |                       |   | 2.8   |   |       | 47.6   |         |   | 47.2   |   |       | 47.2   |         |   | 2.2  |   |   | 1.3  |   |   | 1.3  |   |
|                                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
| Total                                  | 3.7                    |   |                    | 3.7  |                       |   | 3.8   |   |       | 71.9   |         |   | 68.0   |   |       | 61.1   |         |   | 2.7  |   |   | 2.5  |   |   | 2.3  |   |
|                                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |
|                                   |                        |   |                    |      |                       |   |       |   |       |        |         |   |        |   |       |        |         |   |      |   |   |      |   |   |      |   |

| (a) | Reflects the adoption of ASU 2009-16 & 17 on January 1, 2010. See Note 12. |
|-----|--------------------------------------------------------------------------------|

| (b) | During the first quarter of 2010, we transferred the Transportation Financial Services business from GECAS to CLL and the Consumer business in Italy from Consumer to CLL. Prior-period amounts were reclassified to conform to the current-period presentation. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                     | At         |
|------------------------------------------|------------|
|                                     | June 30,   |   | January 1, |   | December 31, |
| (In millions)                            | 2010  |   | 2010(a) |   | 2009  |
|                                     |       |   |   |   |   |   |   |   |
| Loans requiring allowance for losses     | $          | 11,515  |   | $ | 9,541  |   | $ | 9,145  |
| Loans expected to be fully recoverable   |       | 3,924  |   |   | 3,914  |   |   | 3,741  |
|    Total impaired loans   | $          | 15,439  |   | $ | 13,455  |   | $ | 12,886  |
|                                     |       |   |   |   |   |   |   |   |
| Allowance for losses (specific reserves) | $          | 3,033  |   | $ | 2,376  |   | $ | 2,331  |
| Average investment during the period     |       | 14,182  |   |   | (c) |   |   | 8,493  |
| Interest income earned while impaired(b) |       | 206  |   |   | (c) |   |   | 227  |
|                                     |       |   |   |   |   |   |   |   |
|                                     |       |   |   |   |   |   |   |   |

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

| (b)   | Recognized principally on cash basis. |
|-----------------|---------------------------------------|

| (c)   | Not applicable. |
|-----------------|-----------------|

----

----

----

|                       | Delinquency rates at(a) |       |
|----------------------------|-------------------------|------------|
|                       | June 30,                |       | December 31, |   | June 30, |   |
|                       | 2010(b)                 |       | 2009  |   | 2009  |   |
|                       |                    |       |   |   |   |   |   |   |   |
| Equipment Financing        |                    | 2.50  | % |   | 2.81  | % |   | 2.78  | % |
| Real Estate                |                    | 5.40  |   |   | 4.22  |   |   | 3.88  |   |
| Consumer                   |                    | 8.66  |   |   | 8.85  |   |   | 8.77  |   |
|    U.S.     |                    | 6.30  |   |   | 7.66  |   |   | 6.99  |   |
|    Non-U.S. |                    | 9.84  |   |   | 9.38  |   |   | 9.52  |   |
|                       |                    |       |   |   |   |   |   |   |   |
|                       |                    |       |   |   |   |   |   |   |   |

| (a)   | Excludes loans purchased at a discount (unless they have deteriorated post acquisition). |
|-----------------|------------------------------------------------------------------------------------------|

| (b)   | Subject to update. |
|-----------------|--------------------|

----

----

----

----

----

|   | Exhibit 12    | Computation of Ratio of Earnings to Fixed Charges.*                                                             |
|--------|---------------|-----------------------------------------------------------------------------------------------------------------|
|   | Exhibit 31(a) | Certification Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Amended.* |
|   | Exhibit 31(b) | Certification Pursuant to Rules 13a-14(a) and 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.*                                   |
|   |          | * Filed electronically herewith.                                                                                |

----

| General Electric Capital Corporation(Registrant)   |
|--------------------------------------------------------------|
| August 2, 2010                                               |   | /s/Jamie S. Miller |   |
| Date                                                         |   | Jamie S. MillerSenior Vice President and ControllerDuly Authorized Officer and Principal Accounting Officer |

----