|   |           |   |
|--------|----------------|--------|
|   | FORM      10-K |   |

| (Mark      One)                                                                                                |
|----------------------------------------------------------------------------------------------------------------|
| þ Annual      Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of      1934     |
|                                                                                                           |
| For      the fiscal year ended December 31, 2009                                                               |
| or                                                                                                             |
| ¨ Transition      Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of      1934 |
|                                                                                                           |
| For      the transition period from ___________to ___________                                                  |
|                                                                                                           |
| Commission      file number 0-14804                                                                            |
|                                                                                                           |
| General      Electric Capital Services, Inc.(Exact      name of registrant as specified incharter)             |

| Delaware                                                            |   |                                           |   | 06-1109503                                                   |
|---------------------------------------------------------------------|--------|------------------------------------------------|--------|--------------------------------------------------------------|
| (State      or other jurisdiction of incorporation or organization) |   |                                           |   | (I.R.S.      Employer Identification No.)                    |
|                                                                |   |                                           |   |                                                         |
| 3135      Easton Turnpike, Fairfield, CT                            |   | 06828-0001                                     |   | 203/373-2211                                                 |
| (Address      of principal executive offices)                       |   | (Zip      Code)                                |   | (Registrant’s      Telephone No., including area code) |
|                                                                |   |                                           |   |                                                         |
| Securities      Registered Pursuant to Section 12(b) of the Act:    |
| Title      of each class                                            |   | Name      of each exchange on which registered |
| 7½%      Guaranteed Subordinated NotesDue      August 21, 2035 |   | New      York Stock Exchange                   |

| Securities      Registered Pursuant to Section 12(g) of the Act: |
|------------------------------------------------------------------|
| (Title of each class)                                            |
| Common      Stock, par value $1,000 per share                    |

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

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| Part      I   |                                                                                                     | Page   |
|---------------|----------------------------------------------------------------------------------------------------------|--------|
|          |                                                                                                     |   |   |
| Item      1.  | Business                                                                                                 |   | 3 |
| Item      1A. | Risk      Factors                                                                                        |   | 7 |
| Item      1B. | Unresolved      Staff Comments                                                                           |   | 12 |
| Item      2.  | Properties                                                                                               |   | 12 |
| Item      3.  | Legal      Proceedings                                                                                   |   | 12 |
| Item      4.  | Submission      of Matters to a Vote of Security Holders                                                 |   | 13 |
|          |                                                                                                     |   |   |
| Part      II  |                                                                                                     |   |
|          |                                                                                                     |   |   |
| Item      5.  | Market      for Registrant’s Common Equity, Related Stockholder Matters      and                   |   |   |
|          | Issuer Purchases of Equity      Securities                                                               |   | 14 |
| Item      6.  | Selected      Financial Data                                                                             |   | 14 |
| Item      7.  | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations    |   | 15 |
| Item      7A. | Quantitative      and Qualitative Disclosures About Market Risk                                          |   | 53 |
| Item      8.  | Financial      Statements and Supplementary Data                                                         |   | 53 |
| Item      9.  | Changes      in and Disagreements With Accountants on Accounting and Financial      Disclosure           |   | 112 |
| Item      9A. | Controls      and Procedures                                                                             |   | 112 |
| Item      9B. | Other      Information                                                                                   |   | 112 |
|          |                                                                                                     |   |   |
| Part      III |                                                                                                     |   |
|          |                                                                                                     |   |   |
| Item      10. | Directors,      Executive Officers and Corporate Governance                                              |   | 112 |
| Item      11. | Executive      Compensation                                                                              |   | 112 |
| Item      12. | Security      Ownership of Certain Beneficial Owners and Management and Related      Stockholder Matters |   | 112 |
| Item      13. | Certain      Relationships and Related Transactions, and Director      Independence                      |   | 112 |
| Item      14. | Principal      Accounting Fees and Services                                                              |   | 113 |
|          |                                                                                                     |   |   |
| Part      IV  |                                                                                                     |   |
|          |                                                                                                     |   |   |
| Item      15. | Exhibits,      Financial Statement Schedules                                                             |   | 113 |
|          | Signatures                                                                                               |   | 121 |
|          |                                                                                                     |   |   |

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Item 1. Business.

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| (In      millions)                                                         |   | 2009           |   |   | 2008           |   |   | 2007           |   |   | 2006           |   |   | 2005           |   |
|----------------------------------------------------------------------------|--------|---------------------|--------|--------|---------------------|--------|--------|---------------------|--------|--------|---------------------|--------|--------|---------------------|--------|
|                                                                       |   |                |   |   |                |   |   |                |   |   |                |   |   |                |   |
| Revenues                                                                   | $      |  54,163   |   | $      |  71,287   |   | $      |  71,936   |   | $      |  61,351   |   | $      |  54,889   |   |
| Earnings      from continuing operations                                   |   |                |   |   |                |   |   |                |   |   |                |   |   |                |   |
|     attributable      to GECS                          |   |  1,590    |   |   |  7,774    |   |   |  12,417   |   |   |  10,219   |   |   |  8,929    |   |
| Earnings      (loss) from discontinued                                     |   |                |   |   |                |   |   |                |   |   |                |   |   |                |   |
|     operations,      net of taxes attributable to GECS |   |  (175)         |   |   |  (719)         |   |   |  (2,116)       |   |   |  439      |   |   |  (1,352)       |   |
| Net      earnings attributable to GECS                                     |   |  1,415    |   |   |  7,055    |   |   |  10,301   |   |   |  10,658   |   |   |  7,577    |   |
| GECS      Shareowner's equity                                              |   |  70,833   |   |   |  53,279   |   |   |  57,676   |   |   |  54,097   |   |   |  50,812   |   |
| Short-term      borrowings                                                 |   |  133,939  |   |   |  163,899  |   |   |  180,935  |   |   |  163,581  |   |   |  151,306  |   |
| Bank      deposits                                                         |   |  38,923   |   |   |  36,854   |   |   |  11,968   |   |   |  9,824    |   |   |  6,442    |   |
| Long-term      borrowings                                                  |   |  327,472  |   |   |  313,848  |   |   |  308,019  |   |   |  252,857  |   |   |  204,294  |   |
| Return      on average GECS shareowner's equity(a)                         |   |  2.4      | %      |   | 13.6           | %      |   |  22.4     | %      |   |  21.9     | %      |   |  19.0     | %      |
| GECS      ratio of earnings to fixed charges                               |   |  0.85     |   |   |  1.22     |   |   |  1.59     |   |   |  1.64     |   |   |  1.70     |   |
| GECC      ratio of debt to equity                                          |   | 6.74:1              | (b)    |   | 8.76:1              | (b)    |   | 8.10:1              |   |   | 7.52:1              |   |   | 7.09:1              |   |
| Financing      receivables - net                                           |   |  336,926  |   |   |  372,456  |   |   |  384,067  |   |   |  326,890  |   |   |  280,180  |   |
| Total      assets                                                          | $      |  650,241  |   | $      |  660,902  |   | $      |  646,485  |   | $      |  565,258  |   | $      |  540,584  |   |
|                                                                       |   |                |   |   |                |   |   |                |   |   |                |   |   |                |   |
|                                                                       |   |                |   |   |                |   |   |                |   |   |                |   |   |                |   |

| (a) | Represents      earnings from continuing operations before accounting changes divided by      average total shareowner’s equity, excluding effects of discontinued      operations (on an annual basis, calculated using a five-point average).      Average total shareowner’s equity, excluding effects of discontinued      operations, as of the end of each of the years in the five-year period      ended December 31, 2009, is described in the Supplemental Information      section in Part II, Item 7. “Management’s Discussion and Analysis of      Financial Condition and Results of Operations” of this Form 10-K      Report. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Ratios      of 5.22:1 and 7.07:1 for 2009 and 2008, respectively, net of cash and      equivalents and with classification of hybrid debt as    equity. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ·   | The      GE Audit Committee oversees GE’s risk policies and processes relating to      the financial statements and financial reporting processes, and key credit      risks, liquidity risks, markets risks, compliance and the guidelines,      policies and processes for monitoring and mitigating those risks. As part      of its risk oversight responsibilities for GE overall, the GE Audit      Committee also oversees risks related to General Electric Capital      Services, Inc. (GECS). At least two times a year, the GE Audit Committee      receives a risk update, which focuses on the principal risks affecting GE      as well as reporting on the company’s risk assessment and risk management      guidelines, policies and processes; and the GE Audit Committee annually      conducts an assessment of compliance issues and  programs. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The      Public Responsibilities Committee oversees risks related to GE’s public      policy initiatives, the environment and similar  matters. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The      Management Development and Compensation Committee monitors the risks      associated with management resources, structure, succession planning,      development and selection processes, including evaluating the effect      compensation structure may have on risk  decisions. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The      Nominating and Corporate Governance Committee oversees risks related to      the company’s governance structure and processes and risks arising from      related person transactions. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Strategic. Strategic      risk relates to the company’s future business plans and strategies,      including the risks associated with the markets and industries in which we      operate, demand for our products and services, competitive threats,      technology and product innovation, mergers and acquisitions and public      policy. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ·   | Operational. Operational      risk relates to the effectiveness of our people, integrity of our internal      systems and processes, as well as external events that affect the      operation of our businesses. It includes product life cycle and execution,      product performance, information management and data security, business      disruption, human resources andreputation. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Financial. Financial      risk relates to our ability to meet financial obligations and mitigate      credit risk, liquidity risk and exposure to broad market risks, including      volatility in foreign currency exchange and interest rates and commodity      prices. Liquidity risk is the risk of being unable to accommodate      liability maturities, fund asset growth and meet contractual obligations      through access to funding at reasonable market rates and credit risk is      the risk of financial loss arising from a customer or counterparty failure      to meet its contractual obligations. GE faces credit risk in its      industrial businesses, as well as in GECS investing, lending and leasing      activities and derivative financial instruments  activities. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Legal and Compliance.      Legal and compliance risk relates to changes in the government and      regulatory environment, compliance requirements with policies and      procedures, including those relating to financial reporting, environmental      health and safety, and intellectual property risks. Government and      regulatory risk is the risk that the government or regulatory actions will      cause us to have to change our business models or    practices. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (In      millions)                                              |   | 2009         |   | 2008   |         | 2007   |
|-----------------------------------------------------------------|--------|--------------|--------|--------|--------------|--------|
|                                                            |   |         |   |   |         |   |   |   |
| Revenues                                                        |   |         |   |   |         |   |   |   |
| CLL(a)                                                          | $      | 20,523  |   | $      | 26,443  |   | $ | 26,982  |
| Consumer(a)                                                     |   | 19,268  |   |   | 25,311  |   |   | 25,054  |
| Real      Estate                                                |   | 4,009   |   |   | 6,646   |   |   | 7,021  |
| Energy      Financial Services                                  |   | 2,117   |   |   | 3,707   |   |   | 2,405  |
| GECAS                                                           |   | 4,705   |   |   | 4,901   |   |   | 4,839  |
|       Total      segment revenues |   | 50,622  |   |   | 67,008  |   |   | 66,301  |
| GECS      corporate items and eliminations(b)                   |   | 3,541   |   |   | 4,279   |   |   | 5,635  |
| Total      revenues in GECS                                     | $      | 54,163  |   | $      | 71,287  |   | $ | 71,936  |
|                                                            |   |         |   |   |         |   |   |   |
| Segment      profit (loss)                                      |   |         |   |   |         |   |   |   |
| CLL(a)                                                          | $      | 987     |   | $      | 1,785   |   | $ | 3,787  |
| Consumer(a)                                                     |   | 1,663   |   |   | 3,684   |   |   | 4,283  |
| Real      Estate                                                |   | (1,541)      |   |   | 1,144   |   |   | 2,285  |
| Energy      Financial Services                                  |   | 212     |   |   | 825     |   |   | 677  |
| GECAS                                                           |   | 1,023   |   |   | 1,194   |   |   | 1,211  |
|       Total      segment profit   |   | 2,344   |   |   | 8,632   |   |   | 12,243  |
| GECS      corporate items and eliminations(b)(c)(d)             |   | (754)        |   |   | (858)        |   |   | 174  |
| Earnings      from continuing operations attributable to GECS   |   | 1,590   |   |   | 7,774   |   |   | 12,417  |
| Loss      from discontinued operations, net of taxes,           |   |         |   |   |         |   |   |   |
|       attributable      to GECS   |   | (175)        |   |   | (719)        |   |   | (2,116) |
| Total      net earnings attributable to GECS                    | $      | 1,415   |   | $      | 7,055   |   | $ | 10,301  |
|                                                            |   |         |   |   |         |   |   |   |
|                                                            |   |         |   |   |         |   |   |   |

| (a)   | During      the first quarter of 2009, we transferred Banque Artesia Nederland N.V.      (Artesia) from CLL to Consumer. Prior-period amounts were reclassified to      conform to the current-period’spresentation. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Included      a gain on sale of Swiss Re common stock of $0.6 billion pre-tax ($0.3      billion after tax) in 2007. |
|-----------------|----------------------------------------------------------------------------------------------------------------------|

| (c) | Included      restructuring and other charges for 2009 and 2008 of $0.4 billion and $0.5      billion, respectively; related to CLL ($0.3 billion and $0.3 billion),      primarily business exits and Consumer ($0.1 billion and $0.2 billion),      primarily planned business and portfolioexits. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) | Included      $0.1 billion of net losses compared with $0.5 billion of net earnings      during 2009 and 2008, respectively, related to our treasury      operations. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (In      millions)             | 2009  |          | 2008  |   | 2007     |
|--------------------------------|------------|---------------|------------|--------|---------------|
|                           |       |          |       |   |          |   |   |   |
| Revenues                       | $          | 20,523   |       | $      | 26,443   |   | $ | 26,982  |
|                           |       |          |       |   |          |   |   |   |
| Segment      profit            | $          | 987      |       | $      | 1,785    |   | $ | 3,787  |
|                           |       |          |       |   |          |   |   |   |
|                           |       |          |       |   |          |
| December      31 (In millions) | 2009  |          | 2008  |   |          |
|                           |       |          |       |   |          |   |   |   |
| Total      assets              | $          | 205,827  |       | $      | 228,176  |   |   |   |
|                           |       |          |       |   |          |   |   |   |
|                           |       |          |       |   |          |   |   |   |
| (In      millions)             | 2009  |          | 2008  |   | 2007     |
|                           |       |          |       |   |          |   |   |   |
| Revenues                       |       |          |       |   |          |   |   |   |
|    Americas     | $          | 10,191   |       | $      | 11,594   |   | $ | 12,066  |
|    Europe       |       | 4,811    |       |   | 5,812    |   |   | 5,327  |
|    Asia         |       | 2,157    |       |   | 2,400    |   |   | 2,462  |
|    Other        |       | 3,364    |       |   | 6,637    |   |   | 7,127  |
|                           |       |          |       |   |          |   |   |   |
| Segment      profit            |       |          |       |   |          |   |   |   |
|    Americas     | $          | 659      |       | $      | 1,195    |   | $ | 2,737  |
|    Europe       |       | 394      |       |   | 725      |   |   | 779  |
|    Asia         |       | 132      |       |   | 147      |   |   | 462  |
|    Other        |       | (198)         |       |   | (282)         |   |   | (191) |
|                           |       |          |       |   |          |   |   |   |
| December      31 (In millions) | 2009  |          | 2008  |   |          |
|                           |       |          |       |   |          |   |   |   |
| Total      assets              |       |          |       |   |          |   |   |   |
|    Americas     | $          | 115,628  |       | $      | 135,253  |   |   |   |
|    Europe       |       | 52,624   |       |   | 49,734   |   |   |   |
|    Asia         |       | 19,451   |       |   | 23,127   |   |   |   |
|    Other        |       | 18,124   |       |   | 20,062   |   |   |   |

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| (In      millions)             | 2009       |          | 2008       |   |          | 2007   |
|--------------------------------|------------|---------------|------------|--------|---------------|--------|
|                           |       |          |       |   |          |   |   |   |
| Revenues                       | $          | 19,268   |       | $      | 25,311   |   | $ | 25,054  |
|                           |       |          |       |   |          |   |   |   |
| Segment      profit            | $          | 1,663    |       | $      | 3,684    |   | $ | 4,283  |
|                           |       |          |       |   |          |   |   |   |
|                           |       |          |       |   |          |   |   |   |
| December      31 (In millions) | 2009  |          | 2008  |   |          |
|                           |       |          |       |   |          |   |   |   |
| Total      assets              | $          | 176,046  |       | $      | 187,927  |   |   |   |
|                           |       |          |       |   |          |   |   |   |

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| (In      millions)             | 2009       |         | 2008       |   | 2007         |
|--------------------------------|------------|--------------|------------|--------|--------------|
|                           |       |         |       |   |         |   |   |   |
| Revenues                       | $          | 4,009   |       | $      | 6,646   |   | $ | 7,021  |
|                           |       |         |       |   |         |   |   |   |
| Segment      profit            | $          | (1,541)      |       | $      | 1,144   |   | $ | 2,285  |
|                           |       |         |       |   |         |   |   |   |
|                           |       |         |       |   |         |   |   |   |
| December      31 (In millions) | 2009  |         | 2008  |   |         |
|                           |       |         |       |   |         |   |   |   |
| Total      assets              | $          | 81,505  |       | $      | 85,266  |   |   |   |
|                           |       |         |       |   |         |   |   |   |

----

| (In      millions)             | 2009       |         | 2008       |   | 2007         |
|--------------------------------|------------|--------------|------------|--------|--------------|
|                           |       |         |       |   |         |   |   |   |
| Revenues                       | $          | 2,117   |       | $      | 3,707   |   | $ | 2,405  |
|                           |       |         |       |   |         |   |   |   |
| Segment      profit            | $          | 212     |       | $      | 825     |   | $ | 677  |
|                           |       |         |       |   |         |   |   |   |
|                           |       |         |       |   |         |   |   |   |
| December      31 (In millions) | 2009  |         | 2008  |   |         |
|                           |       |         |       |   |         |   |   |   |
| Total      assets              | $          | 22,616  |       | $      | 22,079  |   |   |   |
|                           |       |         |       |   |         |   |   |   |

| (In      millions)             | 2009       |         | 2008       |   | 2007         |
|--------------------------------|------------|--------------|------------|--------|--------------|
|                           |       |         |       |   |         |   |   |   |
| Revenues                       | $          | 4,705   |       | $      | 4,901   |   | $ | 4,839  |
|                           |       |         |       |   |         |   |   |   |
| Segment      profit            | $          | 1,023   |       | $      | 1,194   |   | $ | 1,211  |
|                           |       |         |       |   |         |   |   |   |
|                           |       |         |       |   |         |   |   |   |
| December      31 (In millions) | 2009  |         | 2008  |   |         |
|                           |       |         |       |   |         |   |   |   |
| Total      assets              | $          | 51,066  |       | $      | 49,455  |   |   |   |
|                           |       |         |       |   |         |   |   |   |

----

| (In      millions)                                    | 2009   |   | 2008   |   | 2007   |
|-------------------------------------------------------|--------|--------|--------|--------|--------|
|                                                  |   |   |   |   |   |   |   |   |
| Loss      from discontinued operations,               |   |   |   |   |   |   |   |   |
|       net      of taxes | $      | (175)  |   | $      | (719)  |   | $ | (2,116) |

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| (In      billions)          |   | 2009       |   |   | 2008  |   |   | 2007  |
|-----------------------------|--------|-----------------|--------|--------|------------|--------|--------|------------|
|                        |   |            |   |   |       |   |   |       |
| U.S.                        | $      | 26.2       |   | $      | 33.5  |   | $      | 35.5  |
| Europe                      |   | 14.5       |   |   | 21.2  |   |   | 20.0  |
| Pacific      Basin          |   | 7.1        |   |   | 10.0  |   |   | 10.0  |
| Americas                    |   | 4.9        |   |   | 5.2   |   |   | 4.7   |
| Middle      East and Africa |   | 0.5        |   |   | 0.4   |   |   | 0.3   |
| Other      Global           |   |  1.0  |   |   | 1.0   |   |   | 1.4   |
| Total                       | $      | 54.2       |   | $      | 71.3  |   | $      | 71.9  |

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|                                    | Financing      receivables at |          | Nonearning      receivables at |   | Allowance      for losses at |
|-----------------------------------------|-------------------------------|---------------|--------------------------------|--------|------------------------------|
|                                    | December      31,             |          | December      31,              |   | December      31,            |   | December      31, |   | December      31, |   | December      31, |
| (In      millions)                      | 2009                     |          | 2008                      |   | 2009                    |   | 2008  |   | 2009  |   | 2008  |
|                                    |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
| CLL(a)                                  |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Americas                                | $                             | 87,496   |                           | $      | 105,410                 |   | $ | 3,155  |   | $ | 1,974  |   | $ | 1,179  |   | $ | 843  |
| Europe                                  |                          | 39,476   |                           |   | 37,767                  |   |   | 1,380  |   |   | 345  |   |   | 544  |   |   | 288  |
| Asia                                    |                          | 13,202   |                           |   | 16,683                  |   |   | 576  |   |   | 306  |   |   | 244  |   |   | 163  |
| Other                                   |                          | 771      |                           |   | 786                     |   |   | 10  |   |   | 2  |   |   | 8  |   |   | 2  |
|                                    |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Consumer(a)                             |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-U.S.      residential               |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
|    mortgages(b)          |                          | 58,831   |                           |   | 60,753                  |   |   | 4,552  |   |   | 3,321  |   |   | 952  |   |   | 383  |
| Non-U.S.      installment and           |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
|    revolving      credit |                          | 25,208   |                           |   | 24,441                  |   |   | 454  |   |   | 413  |   |   | 1,187  |   |   | 1,051  |
| U.S.      installment and               |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
|    revolving      credit |                          | 23,190   |                           |   | 27,645                  |   |   | 841  |   |   | 758  |   |   | 1,698  |   |   | 1,700  |
| Non-U.S.      auto                      |                          | 13,485   |                           |   | 18,168                  |   |   | 73  |   |   | 83  |   |   | 312  |   |   | 222  |
| Other                                   |                          | 12,808   |                           |   | 11,541                  |   |   | 645  |   |   | 175  |   |   | 318  |   |   | 226  |
|                                    |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Real      Estate(c)                     |                          | 44,841   |                           |   | 46,735                  |   |   | 1,252  |   |   | 194  |   |   | 1,494  |   |   | 301  |
|                                    |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Energy      Financial Services          |                          | 7,790    |                           |   | 8,392                   |   |   | 78  |   |   | 241  |   |   | 28  |   |   | 58  |
|                                    |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
| GECAS                                   |                          | 15,319   |                           |   | 15,429                  |   |   | 167  |   |   | 146  |   |   | 107  |   |   | 60  |
|                                    |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Other(d)                                |                          | 2,614    |                           |   | 4,031                   |   |   | 72  |   |   | 38  |   |   | 34  |   |   | 28  |
| Total                                   | $                             | 345,031  |                           | $      | 377,781                 |   | $ | 13,255  |   | $ | 7,996  |   | $ | 8,105  |   | $ | 5,325  |
|                                    |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                    |                          |          |                           |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |

| (a) | During      the first quarter of 2009, we transferred Artesia from CLL to Consumer.      Prior-period amounts were reclassified to conform to the current-period’s      presentation. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | At      December 31, 2009, net of credit insurance, approximately 24% 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. 82% 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      18.3% and have loan-to-value ratio at origination of 74%. At December 31,      2009, 1% (based on dollar values) of these loans in our U.K. and France      portfolios have been restructured. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | Financing      receivables included $317 million and $731 million of construction loans      at December 31, 2009 and 2008,respectively. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------|

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

----

|                                    |                                  |      | Allowance      for losses as |   | Allowance      for losses as a  |   |
|-----------------------------------------|---------------------------------------|-----------|------------------------------|--------|---------------------------------|--------|
|                                    | Nonearning      receivables as a      |      | a      percent of nonearning |   | percent      of total financing |   |
|                                    | percent      of financing receivables |      | receivables                  |   | receivables                     |   |
|                                    | December      31,                     |      | December      31,            |   | December      31,               |   | December      31, |   | December      31, |   | December      31, |   |
|                                    | 2009                             |      | 2008                    |   | 2009                       |   | 2008  |   | 2009  |   | 2008  |   |
|                                    |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CLL(a)                                  |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Americas                                |                                  | 3.6  | %                            |   | 1.9                        | %      |   | 37.4  | % |   | 42.7  | % |   | 1.3  | % |   | 0.8  | % |
| Europe                                  |                                  | 3.5  |                         |   | 0.9                        |   |   | 39.4  |   |   | 83.5  |   |   | 1.4  |   |   | 0.8  |   |
| Asia                                    |                                  | 4.4  |                         |   | 1.8                        |   |   | 42.4  |   |   | 53.3  |   |   | 1.8  |   |   | 1.0  |   |
| Other                                   |                                  | 1.3  |                         |   | 0.3                        |   |   | 80.0  |   |   | 100.0  |   |   | 1.0  |   |   | 0.3  |   |
|                                    |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Consumer(a)                             |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Non-U.S.      residential               |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    mortgages             |                                  | 7.7  |                         |   | 5.5                        |   |   | 20.9  |   |   | 11.5  |   |   | 1.6  |   |   | 0.6  |   |
| Non-U.S.      installment and           |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    revolving      credit |                                  | 1.8  |                         |   | 1.7                        |   |   | 261.5  |   |   | 254.5  |   |   | 4.7  |   |   | 4.3  |   |
| U.S.      installment and               |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    revolving      credit |                                  | 3.6  |                         |   | 2.7                        |   |   | 201.9  |   |   | 224.3  |   |   | 7.3  |   |   | 6.1  |   |
| Non-U.S.      auto                      |                                  | 0.5  |                         |   | 0.5                        |   |   | 427.4  |   |   | 267.5  |   |   | 2.3  |   |   | 1.2  |   |
| Other                                   |                                  | 5.0  |                         |   | 1.5                        |   |   | 49.3  |   |   | 129.1  |   |   | 2.5  |   |   | 2.0  |   |
|                                    |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Real      Estate                        |                                  | 2.8  |                         |   | 0.4                        |   |   | 119.3  |   |   | 155.2  |   |   | 3.3  |   |   | 0.6  |   |
|                                    |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Energy      Financial Services          |                                  | 1.0  |                         |   | 2.9                        |   |   | 35.9  |   |   | 24.1  |   |   | 0.4  |   |   | 0.7  |   |
|                                    |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GECAS                                   |                                  | 1.1  |                         |   | 0.9                        |   |   | 64.1  |   |   | 41.1  |   |   | 0.7  |   |   | 0.4  |   |
|                                    |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other                                   |                                  | 2.8  |                         |   | 0.9                        |   |   | 47.2  |   |   | 73.7  |   |   | 1.3  |   |   | 0.7  |   |
|                                    |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                                   |                                  | 3.8  |                         |   | 2.1                        |   |   | 61.1  |   |   | 66.6  |   |   | 2.3  |   |   | 1.4  |   |
|                                    |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                    |                                  |      |                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |   |   |

| (a)   | During      the first quarter of 2009, we transferred Artesia from CLL to Consumer.      Prior-period amounts were reclassified to conform to the current-period’s      presentation. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| December      31 (In millions)                | 2009  |         | 2008  |
|-----------------------------------------------|------------|--------------|------------|
|                                          |       |         |       |   |   |
| Loans      requiring allowance for losses     | $          | 9,145   |       | $ | 2,712  |
| Loans      expected to be fully recoverable   |       | 3,741   |       |   | 871  |
|    Total      impaired loans   | $          | 12,886  |       | $ | 3,583  |
|                                          |       |         |       |   |   |
| Allowance      for losses (specific reserves) | $          | 2,331   |       | $ | 635  |
| Average      investment during the period     |       | 8,493   |       |   | 2,064  |
| Interest      income earned while impaired(a) |       | 227     |       |   | 48  |
|                                          |       |         |       |   |   |
|                                          |       |         |       |   |   |

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

----

----

|                       | Delinquency      rates at |       |
|----------------------------|---------------------------|------------|
| December      31           | 2009                 |       | 2008  |   | 2007  |   |
|                       |                      |       |   |   |   |   |   |   |   |
| Equipment      Financing   |                      | 2.81  | % |   | 2.17  | % |   | 1.21  | % |
| Consumer                   |                      | 8.82  |   |   | 7.43  |   |   | 5.38  |   |
|    U.S.     |                      | 7.66  |   |   | 7.14  |   |   | 5.52  |   |
|    Non-U.S. |                      | 9.34  |   |   | 7.57  |   |   | 5.32  |   |
|                       |                      |       |   |   |   |   |   |   |   |

----

| ·   | At      December 31, 2009, GE’s cash and equivalents were $72.3 billion and      committed credit lines were $51.7 billion, which in the aggregate were      more than twice our commercial paper borrowings balance. We intend to      maintain committed credit lines and cash in excess of GECS commercial      paper borrowings going forward. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | In      2009, GE reduced its ENI (excluding the effects of currency exchange      rates) in the GE Capital Finance business by approximately $53 billion,      primarily through slowingoriginations. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GECS      commercial paper borrowings were $47.3 billion at December 31, 2009,      compared with $71.8 billion at December 31,  2008. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------|

| ·   | We      have completed our long-term debt funding target of $38 billion for 2010,      and in 2010 have issued $5.1 billion (through February 15, 2010) towards      our long-term debt funding target for2011. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | During      2009, we issued an aggregate of $23.2 billion of long-term debt (including      $3.2 billion in the fourth quarter) that is not guaranteed under the      Federal Deposit Insurance Corporation’s (FDIC) Temporary Liquidity      Guarantee Program (TLGP). |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | We      are managing collections versus originations to help support liquidity      needs. In 2009, collections exceeded originations by approximately $44.0      billion. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | As      of December 31, 2009, we had issued notes from our securitization      platforms in an aggregate amount of $14.0 billion; $4.3 billion of these      notes were eligible for investors to use as collateral under the Federal      Reserve Bank of New York’s Term Asset-Backed Securities Loan Facility      (TALF). |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | In      February 2009, GE announced the reduction of its quarterly stock dividend      by 68%, from $0.31 per share to $0.10 per share, effective with the      dividend approved by the Board in June 2009, which was paid in the third      quarter. This reduction had the effect of reducing cash outflows of GE by      approximately $4 billion in the second half of 2009 and will save      approximately $9 billion annuallythereafter. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | In      September 2008, we reduced the GECS dividend to GE and GE suspended its      stock repurchase program. Effective January 2009, we fully suspended the      GECS dividend to GE. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | In      October 2008, GE raised $15 billion in cash through common and preferred      stock offerings and contributed $15 billion to GECS, including $9.5      billion in the first quarter of 2009 (of which $8.8 billion was further      contributed to GE Capital through capital contribution and share      issuance), in order to improve tangible capital and reduce      leverage. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Controlling      new originations in GE Capital to reduce capital and funding      requirements |
|--------------------|-------------------------------------------------------------------------------------------------|

| ·   | Using      part of our available cash balance |
|--------------------|-----------------------------------------------|

| ·   | Pursuing      alternative funding sources, including bank deposits and asset-backed      fundings |
|--------------------|---------------------------------------------------------------------------------------------------|

| ·   | Using      our bank credit lines which, with our cash, we intend to maintain in      excess of our outstanding commercialpaper |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------|

| ·   | Obtaining      additional capital from GE, including from funds retained as a result of      the reduction in GE’s dividend announced in February 2009 or future      dividend reductions |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | It      is our policy to minimize exposure to interest rate changes. We fund our      financial investments using debt or a combination of debt and hedging      instruments so that the interest rates of our borrowings match the      expected yields on our assets. To test the effectiveness of our positions,      we assumed that, on January 1, 2010, interest rates increased by 100 basis      points across the yield curve (a “parallel shift” in that curve) and      further assumed that the increase remained in place for 2010. We      estimated, based on the year-end 2009 portfolio and holding all other      assumptions constant, that our 2010 net earnings would decline by $0.1      billion as a result of this parallel shift in the yield    curve. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | It      is our policy to minimize currency exposures and to conduct operations      either within functional currencies or using the protection of hedge      strategies. We analyzed year-end 2009 consolidated currency exposures,      including derivatives designated and effective as hedges, to identify      assets and liabilities denominated in other than their relevant functional      currencies. For such assets and liabilities, we then evaluated the effects      of a 10% shift in exchange rates between those currencies and the U.S.      dollar. This analysis indicated that there would be an inconsequential      effect on 2010 earnings of such a shift in exchange  rates. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Earnings      and profitability, revenue growth, the breadth and diversity of sources of      income and return on assets |
|--------------------|---------------------------------------------------------------------------------------------------------------------------|

| ·   | Asset      quality, including delinquency and write-off ratios and reserve      coverage |
|--------------------|------------------------------------------------------------------------------------------|

| ·   | Funding      and liquidity, including cash generated from operating activities,      leverage ratios such as debt-to-capital, retained cash flow to debt,      market access, back-up liquidity from banks and other sources, composition      of total debt and interest coverage |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Capital      adequacy, including required capital and tangible leverage      ratios |
|--------------------|-------------------------------------------------------------------------------------|

| Qualitative      measures include: |
|------------------------------------|

| ·   | Franchise      strength, including competitive advantage and market conditions and      position |
|--------------------|--------------------------------------------------------------------------------------------------|

| ·   | Strength      of management, including experience, corporate governance and strategic      thinking |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | Financial      reporting quality, including clarity, completeness and transparency of all      financial performancecommunications. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Swap,      forward and option contracts are executed under standard master agreements      that typically contain mutual downgrade provisions that provide the      ability of the counterparty to require termination if the long-term credit      rating of the applicable entity were to fall below A-/A3. In certain of      these master agreements, the counterparty also has the ability to require      termination if the short-term rating of the applicable entity were to fall      below A-1/P-1. The net derivative liability after consideration of netting      arrangements and collateral posted by us under these master agreements was      estimated to be $1.2 billion at December 31, 2009. See Note 15 to the      consolidated financial statements in Part II, Item 8. “Financial      Statements and Supplementary Data” of this Form 10-K    Report. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | If      GE Capital’s ratio of earnings to fixed charges were to deteriorate to      below 1.10:1, GE has committed to make payments to GE Capital. See Income      Maintenance Agreement section of this Item for further discussion. GE also      guaranteed certain issuances of GECS subordinated debt having a face      amount of $0.4 billion at December 31, 2009 and  2008. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | In      connection with certain subordinated debentures for which GECC receives      equity credit by rating agencies, GE has agreed to promptly return to GECC      dividends, distributions or other payments it receives from GECC during      events of default or interest deferral periods under such subordinated      debentures. There were $7.6 billion of such debentures outstanding at      December 31, 2009. See Note 8 to the consolidated financial statements in      Part II, Item 8. “Financial Statements and Supplementary Data” of this      Form 10-K Report. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      following conditions relate to consolidated  entities: |
|--------|-----------------------------------------------------------------|

| ·   | If      the short-term credit rating of GE Capital or certain consolidated      entities were to be reduced below A-1/P-1, GE Capital would be required to      provide substitute liquidity for those entities or provide funds to retire      the outstanding commercial paper. The maximum net amount that GE Capital      would be required to provide in the event of such a downgrade is      determined by contract, and amounted to $2.5 billion at December 31, 2009.      See Note 16 to the consolidated financial statements in Part II, Item 8.      “Financial Statements and Supplementary Data” of this Form 10-K      Report. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | One      group of consolidated entities holds investment securities funded by the      issuance of GICs. If the long-term credit rating of GE Capital were to      fall below AA-/Aa3 or its short-term credit rating were to fall below      A-1+/P-1, GE Capital would be required to provide approximately $2.4      billion to such entities as of December 31, 2009, pursuant to letters of      credit issued by GE Capital. 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, GE Capital could be      required to provide such excess amount. As of December 31, 2009, the value      of these entities’ liabilities was $8.5 billion and the fair value of      their assets was $7.3 billion (which included unrealized losses on      investment securities of $1.4 billion). 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 and we have the ability      to hold all such debt securities untilmaturity. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Another      consolidated entity also issues GICs where proceeds are loaned to GE      Capital. If the long-term credit rating of GE Capital were to fall below      AA-/Aa3 or its short-term credit rating were to fall below A-1+/P-1, GE      Capital could be required to provide up to approximately $3.0 billion as      of December 31, 2009, to repay holders of GICs. These obligations are      included in Long-term borrowings in our Statement of Financial      Position. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | If      the short-term credit rating of GE Capital were reduced below A-1/P-1, GE      Capital would be required to partially cash collateralize certain covered      bonds. The maximum amount that would be required to be provided in the      event of such a downgrade is determined by contract and amounted to $0.8      billion at December 31, 2009. These obligations are included in long-term      borrowings in our Statement of Financial  Position. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Changes      in benefit plans reduced shareowner’s equity by an insignificant amount in      2009, primarily reflecting a decrease in the discount rate used to value      pension and postretirement benefit obligations. This compared with a      decrease of $0.3 billion and an increase of $0.2 billion in 2008 and 2007,      respectively. The decrease in 2008 primarily related to declines in the      fair value of plan assets as a result of market conditions and adverse      changes in the economicenvironment. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Currency      translation adjustments increased shareowner’s equity by $2.6 billion in      2009, decreased equity by $8.7 billion in 2008 and increased equity by      $2.6 billion in 2007. Changes in currency translation adjustments reflect      the effects of changes in currency exchange rates on our net investment in      non-U.S. subsidiaries that have functional currencies other than the U.S.      dollar. At the end of 2009, the U.S. dollar was weaker against most major      currencies, including the pound sterling, the Australian dollar and the      euro, compared with a stronger dollar against those currencies at the end      of 2008 and a weaker dollar against those currencies at the end of 2007.      The dollar was weaker against the Japanese yen in 2008 and      2007. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The      change in fair value of investment securities increased shareowner’s      equity by $2.7 billion in 2009, reflecting improved market conditions      related to securities classified as available for sale, primarily      corporate debt and mortgage-backed securities. The change in fair value of      investment securities decreased shareowner’s equity by $3.2 billion and      $1.5 billion in 2008 and 2007, respectively. Further information about      investment securities is provided in Note 3 to the consolidated financial      statements in Part II, Item 8. “Financial Statements and Supplementary      Data” of this Form 10-K Report. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Changes      in the fair value of derivatives designated as cash flow hedges increased      shareowner’s equity by $1.4 billion in 2009, primarily related to the      effect of higher U.S. interest rates on interest rate swaps and lower      foreign rates on cross-currency swaps. The change in the fair value of      derivatives designated as cash flow hedges decreased equity by $2.4      billion and $0.6 billion in 2008 and 2007, respectively. Further      information about the fair value of derivatives is provided in Note 15 to      the consolidated financial statements in Part II, Item 8. “Financial      Statements and Supplementary Data” of this Form 10-K    Report. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                    | Payments      due by period |
|---------------------------------------------------------|-----------------------------|
|                                                    |                        |   |   |   |   |   |   |   |   |   |   |   | 2015      and |
| (In      billions)                                      | Total                       |   | 2010  |   | 2011-2012 |   | 2013-2014 |   | thereafter |
|                                                    |                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Borrowings      and bank deposits (Note 8)              | $                           |  500.3  |   | $ |  161.6  |   | $ |  155.7  |   | $ |  60.2  |   | $ |  122.8  |
| Interest      on borrowings and                         |                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     bank      deposits              |                        |  128.0  |   |   |  15.0  |   |   |  26.0  |   |   |  17.0  |   |   |  70.0  |
| Operating      lease obligations (Note 13)              |                        |  2.9  |   |   |  0.6  |   |   |  0.9  |   |   |  0.5  |   |   |  0.9  |
| Purchase      obligations(a)(b)                         |                        |  25.0  |   |   |  16.0  |   |   |  8.0  |   |   |  1.0  |   |   |  – |
| Insurance      liabilities (Note 9)(c)                  |                        |  20.0  |   |   |  2.0  |   |   |  5.0  |   |   |  3.0  |   |   |  10.0  |
| Other      liabilities(d)                               |                        |  25.0  |   |   |  20.0  |   |   |  3.0  |   |   |  1.0  |   |   |  1.0  |
| Contractual      obligations of                         |                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     discontinued      operations(e) |                        |  1.0  |   |   |  1.0  |   |   |  – |   |   |  – |   |   |  – |
|                                                    |                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                    |                        |   |   |   |   |   |   |   |   |   |   |   |   |   |

| (a) | Included      all take-or-pay arrangements, capital expenditures, contractual      commitments to purchase equipment that will be leased to others,      contractual commitments related to factoring agreements, software      acquisition/license commitments and any contractually required cash      payments for acquisitions. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Excluded      funding commitments entered into in the ordinary course of business.      Further information on these commitments and other guarantees is provided      in Note 17 to the consolidated financial statements in Part II, Item 8.      “Financial Statements and Supplementary Data” of this Form 10-K      Report. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | Included      contracts with reasonably determinable cash flows such as structured      settlements, certain property and casualty contracts, and guaranteed      investment contracts. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Included      an estimate of future expected funding requirements related to our pension      benefit plans and included liabilities for unrecognized tax benefits.      Because their future cash outflows are uncertain, the following      non-current liabilities are excluded from the table above: deferred taxes,      derivatives, deferred revenue and other sundry items. See Notes 10 and 15      to the consolidated financial statements in Part II, Item 8. “Financial      Statements and Supplementary Data” of this Form 10-K Report for further      information on certain of theseitems. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Included      payments for other liabilities. |
|-----------------|-----------------------------------------------|

----

----

Weregularly review investment securities for impairment using both quantitativeand qualitative criteria. Effective April 1, 2009, the FASB amended ASC 320 andmodified the requirements for recognizing and measuring other-than-temporaryimpairment for debt securities. If we do not intend to sell the security and itis not more likely than not that we will be required to sell the security beforerecovery of our amortized cost, we evaluate other qualitative criteria todetermine whether a credit loss exists, such as the financial health of andspecific prospects for the issuer, including whether the issuer is in compliancewith the terms and covenants of the security. Quantitative criteria includedetermining whether there has been an adverse change in expected future cashflows. For equity securities, our criteria include the length of time andmagnitude of the amount that each security is in an unrealized loss position.Our other-than-temporary impairment reviews involve our finance, risk and assetmanagement functions as well as the portfolio management and researchcapabilities of our internal and third-party asset managers. See Note 14 in PartII, Item 8. “Financial Statements and Supplementary Data” of this Form 10-KReport, which discusses the determination of fair value of investmentsecurities.

----

----

----

----

| ·   | Average      total GECS shareowner’s equity, excluding effects of discontinued      operations |
|--------------------|------------------------------------------------------------------------------------------------------|

| ·   | Ratio      of debt to equity at GE Capital, net of cash and equivalents and with      classification of hybrid debt asequity |
|--------------------|------------------------------------------------------------------------------------------------------------------------------|

| ·   | GE      Capital Finance ending net investment (ENI), excluding the effects of      currency exchange rates, at December 31, 2009 and  2008 |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Delinquency      rates on managed equipment financing loans and leases and managed consumer      financing receivables for 2009, 2008 and2007 |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|

----

| December      31 (In millions)                                      | 2009  |               | 2008  |   | 2007          |   | 2006  |               | 2005  |
|---------------------------------------------------------------------|------------|--------------------|------------|--------|--------------------|--------|------------|--------------------|------------|
|                                                                |       |               |       |   |               |   |       |               |       |   |   |   |   |   |
| Average      total GECS shareowner's equity(b)                      | $          |  64,690  |       | $      |  56,897  |   | $          |  55,144  |       | $ |  50,769  |   | $ |  54,229  |
| Less      the effects of                                            |       |               |       |   |               |   |       |               |       |   |   |   |   |   |
|     Cumulative      earnings from               |       |               |       |   |               |   |       |               |       |   |   |   |   |   |
|       discontinued      operations    |       |  –      |       |   |  –      |   |       |  –      |       |   |  – |   |   |  2,094  |
|     Average      net investment in              |       |               |       |   |               |   |       |               |       |   |   |   |   |   |
|       discontinued      operations    |       |  (529)        |       |   |  (412)        |   |       |  (394)        |       |   |  4,008  |   |   |  5,066  |
| Average      total GECS shareowner's equity,                        |       |               |       |   |               |   |       |               |       |   |   |   |   |   |
|     excluding      effects of                   |       |               |       |   |               |   |       |               |       |   |   |   |   |   |
|       discontinued      operations(a) | $          |  65,219  |       | $      |  57,309  |   | $          |  55,538  |       | $ |  46,761  |   | $ |  47,069  |
|                                                                |       |               |       |   |               |   |       |               |       |   |   |   |   |   |
|                                                                |       |               |       |   |               |   |       |               |       |   |   |   |   |   |

| (a) | Used      for computing return on average shareowner’s equity shown in the Selected      Financial Data section in Part II, Item 6. “Selected Financial      Data.” |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | On      an annual basis, calculated using a five-point  average. |
|-----|------------------------------------------------------------------|

| December      31 (Dollars in millions)                 | 2009  |          | 2008  |
|--------------------------------------------------------|------------|---------------|------------|
|                                                   |       |          |       |   |   |
| GE      Capital debt                                   | $          | 496,558  |       | $ | 510,356  |
|     Less      cash and equivalents |       | 63,693   |       |   | 36,430  |
|     Less      hybrid debt          |       | 7,725    |       |   | 7,725  |
|                                                   | $          | 425,140  |       | $ | 466,201  |
|                                                   |       |          |       |   |   |
| GE      Capital equity                                 | $          | 73,718   |       | $ | 58,229  |
|     Plus      hybrid debt          |       | 7,725    |       |   | 7,725  |
|                                                   | $          | 81,443   |       | $ | 65,954  |
|                                                   |       |          |       |   |   |
| Ratio                                                  |       | 5.22:1        |       |   | 7.07:1 |
|                                                   |       |          |       |   |   |

----

| December      31 (In billions)                                                     | 2009  |        | 2008  |
|------------------------------------------------------------------------------------|------------|-------------|------------|
|                                                                               |       |        |       |   |   |
| GECS      total assets                                                             | $          | 650.2  |       | $ | 660.9  |
|       Less      assets of discontinued operations    |       | 1.5    |       |   | 1.7  |
|       Less      non-interest bearing liabilities     |       | 75.7   |       |   | 85.5  |
|       Less      GECS headquarter ENI                 |       | 79.4   |       |   | 48.5  |
| GE      Capital Finance ENI                                                        |       | 493.6  |       |   | 525.2  |
|       Less      effects of currency exchange rates   |       | 21.4   |       |   |  – |
| GE      Capital Finance ENI, excluding the effects of currency exchange      rates | $          | 472.2  |       | $ | 525.2  |
|                                                                               |       |        |       |   |   |

----

|                             |       |             |       |   |       |   |   |       |   |
|----------------------------------|------------|------------------|------------|--------|------------|--------|--------|------------|--------|
| Equipment      Financing         |       |             |       |   |       |   |   |       |   |
|                             |       |             |       |   |       |   |   |       |   |
| December      31                 | 2009  |             | 2008  |   | 2007  |   |
|                             |       |             |       |   |       |   |   |       |   |
| Managed                          |       | 2.81        | %          |   | 2.17  | %      |   | 1.21  | %      |
| Off-book                         |       | 2.29        |       |   | 1.20  |   |   | 0.71  |   |
| On-book                          |       | 2.91        |       |   | 2.34  |   |   | 1.33  |   |
|                             |       |             |       |   |       |   |   |       |   |
|                             |       |             |       |   |       |   |   |       |   |
| Consumer                         |       |             |       |   |       |   |   |       |   |
|                             |       |             |       |   |       |   |   |       |   |
| December      31                 | 2009  |             | 2008  |   | 2007  |   |
|                             |       |             |       |   |       |   |   |       |   |
| Managed                          |       | 8.82        | %          |   | 7.43  | %      |   | 5.38  | %      |
|     U.S.     |       | 7.66        |       |   | 7.14  |   |   | 5.52  |   |
|     Non-U.S. |       | 9.34        |       |   | 7.57  |   |   | 5.32  |   |
| Off-book                         |       |  7.20  |       |   | 8.24  |   |   | 6.64  |   |
|     U.S.     |       |  7.20  |       |   | 8.24  |   |   | 6.64  |   |
|     Non-U.S. |       | (a)              |       |   | (a)        |   |   | (a)        |   |
| On-book                          |       |  9.10  |       |   | 7.31  |   |   | 5.22  |   |
|     U.S.     |       | 8.08        |       |   | 6.39  |   |   | 4.78  |   |
|     Non-U.S. |       | 9.34        |       |   | 7.57  |   |   | 5.32  |   |
|                             |       |             |       |   |       |   |   |       |   |
|                             |       |             |       |   |       |   |   |       |   |

| (a)   | Not      applicable. |
|-----------------|----------------------|

----

Item 7A. Quantitative andQualitative Disclosures About Market Risk.

| /s/      Jeffrey R. Immelt                                 |   | /s/      Keith S. Sherin                           |
|------------------------------------------------------------|--------|----------------------------------------------------|
| Jeffrey      R. Immelt                                     |   | Keith      S. Sherin                               |
| Chairman      of the Board andChief      Executive Officer |   | Vice      Chairman andChief      Financial Officer |

----

----

----

|                                                                       |   |
|----------------------------------------------------------------------------|--------|
| For      the years ended December 31 (In millions)                         |   | 2009 |   |   | 2008 |   |   | 2007  |
|                                                                       |   |   |   |   |   |   |   |   |
| Revenues                                                                   |   |   |   |   |   |   |   |   |
| Revenues      from services (Note 12)                                      | $      |  53,193  |   | $ |  69,514  |   | $ |  71,218  |
| Sales      of goods                                                        |   |  970  |   |   |  1,773  |   |   |  718  |
|    Total      revenues                                      |   |  54,163  |   |   |  71,287  |   |   |  71,936  |
|                                                                       |   |   |   |   |   |   |   |   |
| Costs      and expenses                                                    |   |   |   |   |   |   |   |   |
| Interest                                                                   |   |  17,942  |   |   |  25,116  |   |   |  22,706  |
| Operating      and administrative (Note 13)                                |   |  15,175  |   |   |  18,755  |   |   |  18,411  |
| Cost      of goods sold                                                    |   |  808  |   |   |  1,517  |   |   |  628  |
| Investment      contracts, insurance losses and insurance annuity benefits |   |  3,193  |   |   |  3,421  |   |   |  3,647  |
| Provision      for losses on financing receivables (Note 4)                |   |  10,928  |   |   |  7,518  |   |   |  4,431  |
| Depreciation      and amortization (Note 5)                                |   |  8,325  |   |   |  9,330  |   |   |  8,126  |
|    Total      costs and expenses                            |   |  56,371  |   |   |  65,657  |   |   |  57,949  |
|                                                                       |   |   |   |   |   |   |   |   |
| Earnings      (loss) from continuing operations before income taxes        |   |  (2,208) |   |   |  5,630  |   |   |  13,987  |
| Benefit      (provision) for income taxes (Note 10)                        |   |  3,829  |   |   |  2,375  |   |   |  (1,361) |
|                                                                       |   |   |   |   |   |   |   |   |
| Earnings      from continuing operations                                   |   |  1,621  |   |   |  8,005  |   |   |  12,626  |
| Loss      from discontinued operations, net of taxes (Note 2)              |   |  (175) |   |   |  (719) |   |   |  (2,116) |
| Net      earnings                                                          |   |  1,446  |   |   |  7,286  |   |   |  10,510  |
| Less      net earnings attributable to noncontrolling interests            |   |  31  |   |   |  231  |   |   |  209  |
| Net      earnings attributable to GECS                                     | $      |  1,415  |   | $ |  7,055  |   | $ |  10,301  |
|                                                                       |   |   |   |   |   |   |   |   |
| Amounts      attributable to GECS                                          |   |   |   |   |   |   |   |   |
| Earnings      from continuing operations                                   | $      |  1,590  |   | $ |  7,774  |   | $ |  12,417  |
| Loss      from discontinued operations, net of taxes                       |   |  (175) |   |   |  (719) |   |   |  (2,116) |
| Net      earnings attributable to GECS                                     | $      |  1,415  |   | $ |  7,055  |   | $ |  10,301  |
|                                                                       |   |   |   |   |   |   |   |   |
|                                                                       |   |   |   |   |   |   |   |   |

| See      accompanying notes. |
|------------------------------|

----

| (In      millions)                                                               | 2009  |               | 2008  |   | 2007          |
|----------------------------------------------------------------------------------|------------|--------------------|------------|--------|--------------------|
|                                                                             |       |               |       |   |               |   |   |   |
| Changes      in shareowner's equity (Note 11)                                    |       |               |       |   |               |   |   |   |
| Balance      at January 1                                                        | $          |  53,279  |       | $      |  57,676  |   | $ |  54,097  |
| Dividends      and other transactions with shareowner                            |       |  9,488   |       |   |  3,154   |   |   |  (7,413) |
| Other      comprehensive income (loss)                                           |       |               |       |   |               |   |   |   |
|     Investment      securities - net                         |       |  2,661   |       |   |  (3,207)      |   |   |  (1,484) |
|     Currency      translation adjustments - net              |       |  2,630   |       |   |  (8,730)      |   |   |  2,635  |
|     Cash      flow hedges - net                              |       |  1,365   |       |   |  (2,407)      |   |   |  (556) |
|     Benefit      plans - net                                 |       |  (67)         |       |   |  (262)        |   |   |  173  |
|       Total      other comprehensive income (loss) |       |  6,589   |       |   |  (14,606)     |   |   |  768  |
| Increases      from net earnings attributable to GECS                            |       |  1,415   |       |   |  7,055   |   |   |  10,301  |
| Comprehensive      income (loss)                                                 |       |  8,004   |       |   |  (7,551)      |   |   |  11,069  |
| Cumulative      effect of changes in accounting principles(a)                    |       |  62      |       |   |  –      |   |   |  (77) |
| Balance      at December 31                                                      |       |  70,833  |       |   |  53,279  |   |   |  57,676  |
| Noncontrolling      interests(b)                                                 |       |  2,048   |       |   |  2,269   |   |   |  1,501  |
| Total      equity balance at December 31                                         | $          |  72,881  |       | $      |  55,548  |   | $ |  59,177  |
|                                                                             |       |               |       |   |               |   |   |   |
|                                                                             |       |               |       |   |               |   |   |   |

| (a) | We      adopted amendments to ASC 320, Investments – Debt and Equity Securities,      and recorded a cumulative effect adjustment to increase retained      earnings as of April 1, 2009. See Note11. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | See      Note 11 for an explanation of the change in noncontrolling interests for      2009. |
|-----------------|----------------------------------------------------------------------------------------------|

| See      accompanying notes. |
|------------------------------|

----

Statement of Financial Position

| At      December 31 (In millions, except share amounts)                                                                 | 2009   |                | 2008   |   |
|-------------------------------------------------------------------------------------------------------------------------|--------|---------------------|--------|--------|
|                                                                                                                    |   |                |   |   |   |   |
| Assets                                                                                                                  |   |                |   |   |   |   |
| Cash      and equivalents                                                                                               | $      |  64,356   |   | $      |  37,486  |   |
| Investment      securities (Note 3)                                                                                     |   |  51,913   |   |   |  41,236  |   |
| Inventories                                                                                                             |   |  71       |   |   |  77  |   |
| Financing      receivables – net (Note 4)                                                                         |   |  336,926  |   |   |  372,456  |   |
| Other      receivables                                                                                                  |   |  18,752   |   |   |  18,636  |   |
| Property,      plant and equipment – net (Note 5)                                                                 |   |  56,717   |   |   |  64,097  |   |
| Goodwill      (Note 6)                                                                                                  |   |  28,961   |   |   |  25,365  |   |
| Other      intangible assets – net (Note 6)                                                                       |   |  3,479    |   |   |  3,613  |   |
| Other      assets (Note 7)                                                                                              |   |  87,471   |   |   |  85,721  |   |
| Assets      of businesses held for sale (Note 2)                                                                        |   |  125      |   |   |  10,556  |   |
| Assets      of discontinued operations (Note 2)                                                                         |   |  1,470    |   |   |  1,659  |   |
| Total      assets                                                                                                       | $      |  650,241  |   | $      |  660,902  |   |
|                                                                                                                    |   |                |   |   |   |   |
| Liabilities      and equity                                                                                             |   |                |   |   |   |   |
| Short-term      borrowings (Note 8)                                                                                     | $      |  133,939  |   | $      |  163,899  |   |
| Accounts      payable                                                                                                   |   |  13,275   |   |   |  13,882  |   |
| Bank      deposits (Note 8)                                                                                             |   |  38,923   |   |   |  36,854  |   |
| Long-term      borrowings (Note 8)                                                                                      |   |  327,472  |   |   |  313,848  |   |
| Investment      contracts, insurance liabilities and insurance annuity benefits (Note      9)                           |   |  32,009   |   |   |  34,369  |   |
| Other      liabilities                                                                                                  |   |  23,756   |   |   |  32,090  |   |
| Deferred      income taxes (Note 10)                                                                                    |   |  6,793    |   |   |  8,533  |   |
| Liabilities      of businesses held for sale (Note 2)                                                                   |   |  55       |   |   |  636  |   |
| Liabilities      of discontinued operations (Note 2)                                                                    |   |  1,138    |   |   |  1,243  |   |
| Total      liabilities                                                                                                  |   |  577,360  |   |   |  605,354  |   |
|                                                                                                                    |   |                |   |   |   |   |
| Cumulative      preferred stock, $10,000 par value (80,000 shares authorized; 51,000      shares                        |   |                |   |   |   |   |
|     issued      and held primarily by consolidated affiliates at December 31, 2009 and      2008)   |   |  10       |   |   |  10  |   |
| Common      stock, $1,000 par value (1,260 shares authorized at December 31, 2009 and      2008,                        |   |                |   |   |   |   |
|     and      1,062 shares issued and outstanding at December 31, 2009 and 2008,      respectively.) |   |  1        |   |   |  1  |   |
| Accumulated      other comprehensive income – net(a)                                                              |   |                |   |   |   |   |
|    Investment      securities                                                                            |   |  (436)         |   |   |  (3,097) |   |
|    Currency      translation adjustments                                                                 |   |  1,372    |   |   |  (1,258) |   |
|    Cash      flow hedges                                                                                 |   |  (1,769)       |   |   |  (3,134) |   |
|    Benefit      plans                                                                                    |   |  (434)         |   |   |  (367) |   |
| Additional      paid-in capital                                                                                         |   |  27,581   |   |   |  18,069  |   |
| Retained      earnings                                                                                                  |   |  44,508   |   |   |  43,055  |   |
| Total      GECS shareowner's equity                                                                                     |   |  70,833   |   |   |  53,279  |   |
| Noncontrolling      interests(b)                                                                                        |   |  2,048    |   |   |  2,269  |   |
| Total      equity (Note 11)                                                                                             |   |  72,881   |   |   |  55,548  |   |
| Total      liabilities and equity                                                                                       | $      |  650,241  |   | $      |  660,902  |   |
|                                                                                                                    |   |                |   |   |   |   |
|                                                                                                                    |   |                |   |   |   |   |

| (a) | The      sum of accumulated other comprehensive income – net was $(1,267) million      and $(7,856) million at December 31, 2009 and 2008,      respectively. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Included      accumulated other comprehensive income – net attributable to      noncontrolling interests of $(181) million and $(168) million at December      31, 2009 and 2008, respectively. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| For      the years ended December 31 (In millions)                                                      | 2009  |                |   | 2008  |                |   | 2007  |
|---------------------------------------------------------------------------------------------------------|------------|---------------------|--------|------------|---------------------|--------|------------|
|                                                                                                    |       |                |   |       |                |   |       |   |
| Cash      flows – operating activities                                                            |       |                |   |       |                |   |       |   |
| Net      earnings                                                                                       | $          | 1,446          |   | $          | 7,286          |   | $          | 10,510  |
| Less      net earnings attributable to noncontrolling interests                                         |       | 31             |   |       |  231      |   |       |  209  |
| Net      earnings attributable to GECS                                                                  |       |  1,415    |   |       |  7,055    |   |       |  10,301  |
| Loss      from discontinued operations                                                                  |       |  175      |   |       |  719      |   |       |  2,116  |
| Adjustments      to reconcile net earnings attributable to GECS                                         |       |                |   |       |                |   |       |   |
|    to      cash provided from operating activities                                       |       |                |   |       |                |   |       |   |
|       Depreciation      and amortization of property, plant and equipment |       |  8,325    |   |       |  9,330    |   |       |  8,126  |
|       Deferred      income taxes                                          |       |  (2,245)       |   |       |  (867)         |   |       |  93  |
|       Decrease      (increase) in inventories                             |       |  (6)           |   |       |  (14)          |   |       |  2  |
|       Increase      (decrease) in accounts payable                        |       |  (379)         |   |       |  (1,045)       |   |       |  485  |
|            Provision for losses on financing receivables                       |       |  10,928   |   |       |  7,518    |   |       |  4,431  |
|       All      other operating activities (Note 18)                       |       |  (10,654)      |   |       |  8,508    |   |       |  (539) |
| Cash      from (used for) operating activities – continuing    operations                         |       |  7,559    |   |       |  31,204   |   |       |  25,015  |
| Cash      from (used for) operating activities – discontinued    operations                       |       |  (133)         |   |       |  765      |   |       |  4,039  |
| Cash      from (used for) operating activities                                                          |       |  7,426    |   |       |  31,969   |   |       |  29,054  |
|                                                                                                    |       |                |   |       |                |   |       |   |
| Cash      flows – investing activities                                                            |       |                |   |       |                |   |       |   |
| Additions      to property, plant and equipment                                                         |       |  (6,443)       |   |       |  (13,321)      |   |       |  (15,217) |
| Dispositions      of property, plant and equipment                                                      |       |  6,479    |   |       |  10,975   |   |       |  8,457  |
| Net      decrease (increase) in financing receivables (Note 18)                                         |       |  43,952   |   |       |  (17,375)      |   |       |  (44,164) |
| Proceeds      from sale of discontinued operations                                                      |       |  –  |   |       |  5,220    |   |       |  117  |
| Proceeds      from principal business dispositions                                                      |       |  9,088    |   |       |  4,928    |   |       |  1,699  |
| Payments      for principal businesses purchased                                                        |       |  (5,702)       |   |       |  (24,961)      |   |       |  (7,570) |
| All      other investing activities (Note 18)                                                           |       |  (1,686)       |   |       |  5,979    |   |       |  (8,730) |
| Cash      from (used for) investing activities – continuing    operations                         |       |  45,688   |   |       |  (28,555)      |   |       |  (65,408) |
| Cash      from (used for) investing activities – discontinued    operations                       |       |  136      |   |       |  (881)         |   |       |  (3,921) |
| Cash      from (used for) investing activities                                                          |       |  45,824   |   |       |  (29,436)      |   |       |  (69,329) |
|                                                                                                    |       |                |   |       |                |   |       |   |
| Cash      flows – financing activities                                                            |       |                |   |       |                |   |       |   |
| Net      increase (decrease) in borrowings (maturities of 90 days or      less)                         |       |  (26,882)      |   |       |  (45,515)      |   |       |  1,642  |
| Net      increase (decrease) in bank deposits                                                           |       |  (3,986)       |   |       |  20,623   |   |       |  2,144  |
| Newly      issued debt (maturities longer than 90 days) (Note18)                                        |       |  81,186   |   |       |  116,117  |   |       |  91,678  |
| Repayments      and other debt reductions (maturities longer than 90 days) (Note      18)               |       |  (83,503)      |   |       |  (67,114)      |   |       |  (49,576) |
| Dividends      paid to shareowner                                                                       |       |  –  |   |       |  (2,351)       |   |       |  (7,291) |
| Capital      contributions from GE                                                                      |       |  9,500    |   |       |  5,500    |   |       |  –  |
| All      other financing activities (Note 18)                                                           |       |  (2,691)       |   |       |  (1,862)       |   |       |  (1,204) |
| Cash      from (used for) financing activities – continuing    operations                         |       |  (26,376)      |   |       |  25,398   |   |       |  37,393  |
| Cash      from (used for) financing activities – discontinued    operations                       |       |  –  |   |       |  (4)           |   |       |  (8) |
| Cash      from (used for) financing activities                                                          |       |  (26,376)      |   |       |  25,394   |   |       |  37,385  |
|                                                                                                    |       |                |   |       |                |   |       |   |
| Increase      (decrease) in cash and equivalents                                                        |       |  26,874   |   |       |  27,927   |   |       |  (2,890) |
| Cash      and equivalents at beginning of year                                                          |       |  37,666   |   |       |  9,739    |   |       |  12,629  |
| Cash      and equivalents at end of year                                                                |       |  64,540   |   |       |  37,666   |   |       |  9,739  |
| Less      cash and equivalents of discontinued operations at end of    year                             |       |  184      |   |       |  180      |   |       |  300  |
| Cash      and equivalents of continuing operations at end of year                                       | $          |  64,356   |   | $          |  37,486   |   | $          |  9,439  |
|                                                                                                    |       |                |   |       |                |   |       |   |
| Supplemental      disclosure of cash flows information                                                  |       |                |   |       |                |   |       |   |
| Cash      paid during the year for interest                                                             | $          |  (18,833)      |   | $          |  (24,663)      |   | $          |  (21,874) |
| Cash      recovered (paid) during the year for income taxes                                             |       |  543      |   |       |  (610)         |   |       |  1,124  |
|                                                                                                    |       |                |   |       |                |   |       |   |
|                                                                                                    |       |                |   |       |                |   |       |   |

----

----

----

----

| ·   | Recognition      of an other-than-temporary impairment charge for debt securities is      required if any of these conditions are met: (1) we do not expect to      recover the entire amortized cost basis of the security, (2) we intend to      sell the security or (3) it is more likely than not that we will be      required to sell the security before we recover its amortized cost      basis. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | If      the first condition above is met, but we do not intend to sell and it is      not more likely than not that we will be required to sell the security      before recovery of its amortized cost basis, we are required to record the      difference between the security’s amortized cost basis and its recoverable      amount in earnings and the difference between the security’s recoverable      amount and fair value in other comprehensive income. If either the second      or third criterion is met, then we are required to recognize the entire      difference between the security’s amortized cost basis and its fair value      in earnings. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Level 1  – | Quoted      prices for identical instruments in active  markets. |
|---------------------------------|------------------------------------------------------------------|

| Level 2  –  | Quoted      prices for similar instruments in active markets; quoted prices for      identical or similar instruments in markets that are not active; and      model-derived valuations whose inputs are observable or whose significant      value drivers are observable. |
|---------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Level 3  –  | Significant      inputs to the valuation model areunobservable. |
|---------------------------------------|-----------------------------------------------------------------|

----

----

----

| ·   | Acquired      in-process research and development (IPR&D) is accounted for as an      asset, with the cost recognized as the research and development is      realized or abandoned. IPR&D was previously expensed at the time of      the acquisition. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Contingent      consideration is recorded at fair value as an element of purchase price      with subsequent adjustments recognized in operations. Contingent      consideration was previously accounted for as a subsequent adjustment of      purchase price. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Subsequent      decreases in valuation allowances on acquired deferred tax assets are      recognized in operations after the measurement period. Such changes were      previously considered to be subsequent changes in consideration and were      recorded as decreases in goodwill. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Transaction      costs are expensed. These costs were previously treated as costs of the      acquisition. |
|--------------------|------------------------------------------------------------------------------------------------------------|

| ·   | Upon      gaining control of an entity in which an equity method or cost basis      investment was held, the carrying value of that investment is adjusted to      fair value with the related gain or loss recorded in earnings. Previously,      this fair value adjustment would not have been  made. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| December      31 (In millions)               | 2009  |            | 2008  |
|----------------------------------------------|------------|-----------------|------------|
|                                         |       |            |       |   |   |
| Assets                                       |       |            |       |   |   |
| Cash      and equivalents                    | $          |  –   |       | $ | 35  |
| Financing      receivables - net             |       |  42   |       |   | 9,915  |
| Intangible      assets - net                 |       |  10   |       |   | 394  |
| Other                                        |       |  73   |       |   | 212  |
| Assets      of businesses held for sale      | $          |  125  |       | $ | 10,556  |
|                                         |       |            |       |   |   |
| Liabilities                                  |       |            |       |   |   |
| Liabilities      of businesses held for sale | $          |  55   |       | $ | 636  |
|                                         |       |            |       |   |   |

----

----

| (In      millions)                                         | 2009   |        | 2008   |   | 2007              |
|------------------------------------------------------------|--------|-------------|--------|--------|-------------------|
|                                                       |   |        |   |   |              |   |   |   |
| Operations                                                 |   |        |   |   |              |   |   |   |
| Total      revenues                                        | $      | (4)         |   | $      | 692          |   | $ | (117) |
|                                                       |   |        |   |   |              |   |   |   |
| Loss      from discontinued operations before income taxes | $      |  (126) |   | $      |  (571)       |   | $ |  (2,225) |
| Income      tax benefit                                    |   | 36     |   |   | 212          |   |   | 981  |
| Loss      from discontinued operations, net of taxes       | $      | (90)        |   | $      | (359)             |   | $ | (1,244) |
|                                                       |   |        |   |   |              |   |   |   |
| Disposal                                                   |   |        |   |   |              |   |   |   |
| Loss      on disposal before income taxes                  | $      | (178)       |   | $      | (1,479)           |   | $ | (1,510) |
| Income      tax benefit                                    |   | 93     |   |   | 1,119        |   |   | 638  |
| Loss      on disposal, net of taxes                        | $      | (85)        |   | $      | (360)             |   | $ | (872) |
|                                                       |   |        |   |   |              |   |   |   |
| Loss      from discontinued operations, net of taxes       | $      | (175)       |   | $      | (719)             |   | $ | (2,116) |
|                                                       |   |        |   |   |              |   |   |   |
| December      31 (In millions)                             |   |        | 2009   |   | 2008              |
|                                                       |   |        |   |   |              |   |   |   |
| Assets                                                     |   |        |   |   |              |   |   |   |
| Cash      and equivalents                                  |   |        |   | $      | 184          |   | $ | 180  |
| Other      assets                                          |   |        |   |   | 12           |   |   | 19  |
| Other                                                      |   |        |   |   | 1,274        |   |   | 1,460  |
| Assets      of discontinued operations                     |   |        |   | $      | 1,470        |   | $ | 1,659  |
|                                                       |   |        |   |   |              |   |   |   |
| December      31 (In millions)                             |   |        | 2009   |   | 2008              |
|                                                       |   |        |   |   |              |   |   |   |
| Liabilities                                                |   |        |   |   |              |   |   |   |
| Liabilities      of discontinued operations                |   |        |   | $      |  1,138  |   | $ |  1,243  |

----

|                                                                | 2009  |         | 2008       |
|---------------------------------------------------------------------|------------|--------------|------------|
|                                                                |       |         | Gross      |   | Gross |   |   |   |   |   | Gross |   | Gross |   |   |
|                                                                | Amortized  |         | unrealized |   | unrealized |   | Estimated |   | Amortized |   | unrealized |   | unrealized |   | Estimated |
| December      31 (In millions)                                      | cost       |         | gains      |   | losses |   | fair      value |   | cost |   | gains |   | losses |   | fair      value |
|                                                                |       |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                |       |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Debt                                                                |       |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    U.S.      corporate                               | $          | 23,410  |       | $ | 981  |   | $ | (756) |   | $ | 23,635  |   | $ | 22,183  |   | $ | 512  |   | $ | (2,477) |   | $ | 20,218  |
|    State      and municipal                          |       | 2,006   |       |   | 34  |   |   | (246) |   |   | 1,794  |   |   | 1,556  |   |   | 19  |   |   | (94) |   |   | 1,481  |
|    Residential                                       |       |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|        mortgage-backed(a)        |       | 4,005   |       |   | 79  |   |   | (766) |   |   | 3,318  |   |   | 5,326  |   |   | 70  |   |   | (1,052) |   |   | 4,344  |
|    Commercial                                        |       |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|        mortgage-backed           |       | 3,053   |       |   | 89  |   |   | (440) |   |   | 2,702  |   |   | 2,910  |   |   | 14  |   |   | (788) |   |   | 2,136  |
|    Asset-backed                                      |       | 2,994   |       |   | 48  |   |   | (305) |   |   | 2,737  |   |   | 3,173  |   |   | 3  |   |   | (691) |   |   | 2,485  |
|    Corporate      – non-U.S.                   |       | 1,831   |       |   | 59  |   |   | (50) |   |   | 1,840  |   |   | 1,441  |   |   | 14  |   |   | (166) |   |   | 1,289  |
|    Government      – non-U.S.                  |       | 2,902   |       |   | 63  |   |   | (29) |   |   | 2,936  |   |   | 1,300  |   |   | 61  |   |   | (19) |   |   | 1,342  |
|    U.S.      government and                          |       |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|         federal      agency |       | 2,628   |       |   | 46  |   |   | –  |   |   | 2,674  |   |   | 739  |   |   | 65  |   |   | (100) |   |   | 704  |
| Retained      interests(b)                                          |       | 8,479   |       |   | 392  |   |   | (40) |   |   | 8,831  |   |   | 6,395  |   |   | 113  |   |   | (152) |   |   | 6,356  |
| Equity                                                              |       |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Available-for-sale                                |       | 489     |       |   | 242  |   |   | (5) |   |   | 726  |   |   | 629  |   |   | 24  |   |   | (160) |   |   | 493  |
|    Trading                                           |       | 720     |       |   | –  |   |   | –  |   |   | 720  |   |   | 388  |   |   | –  |   |   | –  |   |   | 388  |
| Total                                                               | $          | 52,517  |       | $ | 2,033  |   | $ | (2,637) |   | $ | 51,913  |   | $ | 46,040  |   | $ | 895  |   | $ | (5,699) |   | $ | 41,236  |
|                                                                |       |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                |       |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| (a) | Substantially      collateralized by U.S. mortgages. |
|-----|------------------------------------------------------|

| (b) | Included      $1,918 million and $1,752 million of retained interests at December 31,      2009 and 2008, respectively, accounted for at fair value in accordance      with ASC 815, Derivatives and      Hedging. See Note 16. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                      | In      loss position for |
|-----------------------------------------------------------|---------------------------|
|                                                      | Less      than 12 months  |   | 12      months or more |
|                                                      |                      |   | Gross |   |   |   | Gross |
|                                                      | Estimated                 | unrealized | Estimated | unrealized |
| December      31 (In millions)                            | fair      value           | losses | fair      value | losses |
|                                                      |                      |   |   |   |   |   |   |   |   |   |   |
| 2009                                                      |                      |   |   |   |   |   |   |   |   |   |   |
| Debt                                                      |                      |   |   |   |   |   |   |   |   |   |   |
|    U.S.      corporate                     | $                         | 3,146  |   | $ | (88) |   | $ | 4,880  |   | $ | (668) |
|    State      and municipal                |                      | 592  |   |   | (129) |   |   | 535  |   |   | (117) |
|    Residential      mortgage-backed        |                      | 118  |   |   | (14) |   |   | 1,678  |   |   | (752) |
|    Commercial      mortgage-backed         |                      | 167  |   |   | (5) |   |   | 1,293  |   |   | (435) |
|    Asset-backed                            |                      | 126  |   |   | (11) |   |   | 1,342  |   |   | (294) |
|    Corporate      – non-U.S.         |                      | 374  |   |   | (18) |   |   | 481  |   |   | (32) |
|    Government      – non-U.S.        |                      | 399  |   |   | (4) |   |   | 224  |   |   | (25) |
|    U.S.      government and federal agency |                      | –  |   |   | –  |   |   | –  |   |   | –  |
| Retained      interests                                   |                      | 208  |   |   | (16) |   |   | 27  |   |   | (24) |
| Equity                                                    |                      | 92  |   |   | (2) |   |   | 10  |   |   | (3) |
| Total                                                     | $                         | 5,222  |   | $ | (287) |   | $ | 10,470  |   | $ | (2,350) |
|                                                      |                      |   |   |   |   |   |   |   |   |   |   |
| 2008                                                 |                      |   |   |   |   |   |   |   |   |   |   |
| Debt                                                      |                      |   |   |   |   |   |   |   |   |   |   |
|    U.S.      corporate                     | $                         | 6,602  |   | $ | (1,108) |   | $ | 5,629  |   | $ | (1,369) |
|    State      and municipal                |                      | 570  |   |   | (44) |   |   | 278  |   |   | (50) |
|    Residential      mortgage-backed        |                      | 1,355  |   |   | (107) |   |   | 1,614  |   |   | (945) |
|    Commercial      mortgage-backed         |                      | 774  |   |   | (184) |   |   | 1,218  |   |   | (604) |
|    Asset-backed                            |                      | 1,064  |   |   | (419) |   |   | 1,063  |   |   | (272) |
|    Corporate      – non-U.S.         |                      | 454  |   |   | (106) |   |   | 335  |   |   | (60) |
|    Government      – non-U.S.        |                      | 88  |   |   | (4) |   |   | 275  |   |   | (15) |
|    U.S.      government and federal agency |                      | –  |   |   | –  |   |   | 150  |   |   | (100) |
| Retained      interests                                   |                      | 1,403  |   |   | (71) |   |   | 274  |   |   | (81) |
| Equity                                                    |                      | 265  |   |   | (156) |   |   | 9  |   |   | (4) |
| Total                                                     | $                         | 12,575  |   | $ | (2,199) |   | $ | 10,845  |   | $ | (3,500) |
|                                                      |                      |   |   |   |   |   |   |   |   |   |   |

----

|                                        | Amortized |               | Estimated       |
|---------------------------------------------|-----------|--------------------|-----------------|
| (In      millions)                          | cost      |               | fair      value |
|                                        |      |               |            |   |   |
| Due      in                                 |      |               |            |   |   |
|     2010                | $         |  5,558   |            | $ |  5,563  |
|     2011-2014           |      |  5,567   |            |   |  5,742  |
|     2015-2019           |      |  4,334   |            |   |  4,224  |
|     2020      and later |      |  17,318  |            |   |  17,350  |
|                                        |      |               |            |   |   |

| (In      millions)                 | 2009  |            | 2008  |   | 2007  |
|------------------------------------|------------|-----------------|------------|--------|------------|
|                               |       |            |       |   |       |   |   |   |
| Gains(a)                           | $          |  164  |       | $      | 212   |   | $ |  1,026  |
| Losses,      including impairments |       |  (637)     |       |   | (1,472)    |   |   |  (141) |
|     Net        | $          |  (473)     |       | $      | (1,260)    |   | $ |  885  |
|                               |       |            |       |   |       |   |   |   |
|                               |       |            |       |   |       |   |   |   |

| (a) | Included      gain on sale of Swiss Re common stock of $566 million in    2007. |
|-----|---------------------------------------------------------------------------------|

----

| December      31 (In millions)                              | 2009   |          | 2008   |
|-------------------------------------------------------------|--------|---------------|--------|
|                                                        |   |          |   |   |   |
| Loans,      net of deferred income                          | $      | 290,586  |   | $ | 310,203  |
| Investment      in financing leases, net of deferred income |   | 54,445   |   |   | 67,578  |
|                                                        |   | 345,031  |   |   | 377,781  |
| Less      allowance for losses                              |   | (8,105)       |   |   | (5,325) |
| Financing      receivables – net(a)                   | $      | 336,926  |   | $ | 372,456  |
|                                                        |   |          |   |   |   |
|                                                        |   |          |   |   |   |

| (a)   | Included $3,444 million and $6,461 million primarily      related to consolidated, liquidating securitization entities at December      31, 2009 and 2008, respectively. In addition, financing receivables at      December 31, 2009 and 2008, included $2,704 million and $2,736 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. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                           |   |          |   |   |          |
|------------------------------------------------|--------|---------------|--------|--------|---------------|
| December      31 (In millions)                 | 2009   |          | 2008   |
|                                           |   |          |   |   |          |
| CLL(a)                                         |   |          |   |   |          |
| Americas                                       | $      | 87,496   |   | $      | 105,410  |
| Europe                                         |   | 39,476   |   |   | 37,767   |
| Asia                                           |   | 13,202   |   |   | 16,683   |
| Other                                          |   | 771      |   |   | 786      |
|                                           |   | 140,945  |   |   | 160,646  |
| Consumer(a)                                    |   |          |   |   |          |
| Non-U.S.      residential mortgages            |   | 58,831   |   |   | 60,753   |
| Non-U.S.      installment and revolving credit |   | 25,208   |   |   | 24,441   |
| U.S.      installment and revolving credit     |   | 23,190   |   |   | 27,645   |
| Non-U.S.      auto                             |   | 13,485   |   |   | 18,168   |
| Other                                          |   | 12,808   |   |   | 11,541   |
|                                           |   | 133,522  |   |   | 142,548  |
|                                           |   |          |   |   |          |
| Real      Estate                               |   | 44,841   |   |   | 46,735   |
|                                           |   |          |   |   |          |
| Energy      Financial Services                 |   | 7,790    |   |   | 8,392    |
|                                           |   |          |   |   |          |
| GECAS(b)                                       |   | 15,319   |   |   | 15,429   |
|                                           |   |          |   |   |          |
| Other(c)                                       |   | 2,614    |   |   | 4,031    |
|                                           |   | 345,031  |   |   | 377,781  |
| Less      allowance for losses                 |   | (8,105)       |   |   | (5,325)       |
| Total                                          | $      | 336,926  |   | $      | 372,456  |
|                                           |   |          |   |   |          |
|                                           |   |          |   |   |          |

|  (a) | During      the first quarter of 2009, we transferred Artesia from CLL to Consumer.      Prior-period amounts were reclassified to conform to the current-period’s      presentation. |
|-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Included      loans and financing leases of $13,254 million and $13,078 million at      December 31, 2009 and 2008, respectively, related to commercial aircraft      at Aviation Financial Services. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

----

|                                                          | Total      financing leases |               | Direct      financing leases(a) |   | Leveraged      leases(b) |
|---------------------------------------------------------------|-----------------------------|--------------------|---------------------------------|--------|--------------------------|
| December      31 (In millions)                                | 2009                   |               | 2008                       |   | 2009                |   | 2008  |   | 2009  |   | 2008  |
|                                                          |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      minimum lease                                      |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     payments      receivable              | $                           |  64,110  |                            | $      |  81,115        |   | $ |  50,098  |   | $ |  63,309  |   | $ |  14,012  |   | $ |  17,806  |
| Less      principal and interest                              |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     on      third-party nonrecourse debt  |                        |  (9,660)      |                            |   |  (12,720)           |   |   |  – |   |   |  – |   |   |  (9,660) |   |   |  (12,720) |
| Net      rentals receivable                                   |                        |  54,450  |                            |   |  68,395        |   |   |  50,098  |   |   |  63,309  |   |   |  4,352  |   |   |  5,086  |
| Estimated      unguaranteed                                   |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     residual      value of leased assets  |                        |  9,603   |                            |   |  10,255        |   |   |  6,814  |   |   |  7,425  |   |   |  2,789  |   |   |  2,830  |
| Less      deferred income                                     |                        |  (9,608)      |                            |   |  (11,072)           |   |   |  (7,629) |   |   |  (8,733) |   |   |  (1,979) |   |   |  (2,339) |
| Investment      in financing                                  |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |
|     leases,      net of deferred income   |                        |  54,445  |                            |   |  67,578        |   |   |  49,283  |   |   |  62,001  |   |   |  5,162  |   |   |  5,577  |
| Less      amounts to arrive at                                |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |
|    net investment                         |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |
|       Allowance      for losses |                        |  (654)        |                            |   |  (498)              |   |   |  (534) |   |   |  (440) |   |   |  (120) |   |   |  (58) |
|       Deferred      taxes       |                        |  (6,210)      |                            |   |  (7,317)            |   |   |  (2,485) |   |   |  (3,082) |   |   |  (3,725) |   |   |  (4,235) |
| Net      investment in financing                              | $                           |  47,581  |                            | $      |  59,763        |   | $ |  46,264  |   | $ |  58,479  |   | $ |  1,317  |   | $ |  1,284  |
|     leases                                |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                          |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                          |                        |               |                            |   |                     |   |   |   |   |   |   |   |   |   |   |   |   |

| (a) | Included      $615 million and $824 million of initial direct costs on direct financing      leases at December 31, 2009 and 2008,  respectively. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Included      pre-tax income of $164 million and $268 million and income tax of $65      million and $106 million during 2009 and 2008, respectively. Net      investment credits recognized on leveraged leases during 2009 and 2008      were inconsequential. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                        |   |          |             |   |         |
|---------------------------------------------|--------|---------------|------------------|--------|--------------|
|                                        | Total  |          | Net      rentals |
| (In      millions)                          | loans  |          | receivable       |
|                                        |   |          |             |   |         |
| Due      in                                 |   |          |             |   |         |
|     2010                | $      | 85,472   |             | $      | 15,977  |
|     2011                |   | 40,033   |             |   | 11,065  |
|     2012                |   | 32,196   |             |   | 7,946   |
|     2013                |   | 25,381   |             |   | 5,587   |
|     2014                |   | 22,798   |             |   | 3,221   |
|     2015      and later |   | 84,706   |             |   | 10,654  |
| Total                                       | $      | 290,586  |             | $      | 54,450  |
|                                        |   |          |             |   |         |

----

| December      31 (In millions)                | 2009   |         | 2008   |
|-----------------------------------------------|--------|--------------|--------|
|                                          |   |         |   |   |   |
| Loans      requiring allowance for losses     | $      | 9,145   |   | $ | 2,712  |
| Loans      expected to be fully recoverable   |   | 3,741   |   |   | 871  |
|    Total      impaired loans   | $      | 12,886  |   | $ | 3,583  |
|                                          |   |         |   |   |   |
| Allowance      for losses (specific reserves) | $      | 2,331   |   | $ | 635  |
| Average      investment during the period     |   | 8,493   |   |   | 2,064  |
| Interest      income earned while impaired(a) |   | 227     |   |   | 48  |
|                                          |   |         |   |   |   |
|                                          |   |         |   |   |   |

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

----

|                                              | Balance         |        | Provision       |   |         |   |       |          |       |   | Balance           |
|---------------------------------------------------|-----------------|-------------|-----------------|--------|--------------|--------|------------|---------------|------------|--------|-------------------|
|                                              | January      1, |        | charged      to |   |         |   | Gross      |          |       |   | December      31, |
| (In      millions)                                | 2009       |        | operations      |   | Other(a)     |   | write-offs |          | Recoveries |   | 2009         |
|                                              |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
| CLL(b)                                            |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
| Americas                                          | $               | 843    |            | $      | 1,399   |   | $          | (39)          |       | $      | (1,117)           |   | $ | 93  |   | $ | 1,179  |
| Europe                                            |            | 288    |            |   | 570     |   |       | (16)          |       |   | (331)             |   |   | 33  |   |   | 544  |
| Asia                                              |            | 163    |            |   | 257     |   |       | 3        |       |   | (203)             |   |   | 24  |   |   | 244  |
| Other                                             |            | 2      |            |   | 6       |   |       | 1        |       |   | (1)               |   |   | –  |   |   | 8  |
|                                              |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
| Consumer(b)                                       |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
| Non-U.S.      residential                         |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
|     mortgages                 |            | 383    |            |   | 915     |   |       | 78       |       |   | (519)             |   |   | 95  |   |   | 952  |
| Non-U.S.      installment                         |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
|     and      revolving credit |            | 1,051  |            |   | 1,835   |   |       | 42       |       |   | (2,320)           |   |   | 579  |   |   | 1,187  |
| U.S.      installment and                         |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
|     revolving      credit     |            | 1,700  |            |   | 3,576   |   |       | (974)         |       |   | (2,817)           |   |   | 213  |   |   | 1,698  |
| Non-U.S.      auto                                |            | 222    |            |   | 408     |   |       | 18       |       |   | (556)             |   |   | 220  |   |   | 312  |
| Other                                             |            | 226    |            |   | 389     |   |       | 57       |       |   | (465)             |   |   | 111  |   |   | 318  |
|                                              |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
| Real      Estate                                  |            | 301    |            |   | 1,442   |   |       | 13       |       |   | (264)             |   |   | 2  |   |   | 1,494  |
|                                              |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
| Energy      Financial                             |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
|    Services                        |            | 58     |            |   | 33      |   |       | 4        |       |   | (67)              |   |   | –  |   |   | 28  |
|                                              |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
| GECAS                                             |            | 60     |            |   | 69      |   |       | (4)           |       |   | (18)              |   |   | –  |   |   | 107  |
|                                              |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
| Other                                             |            | 28     |            |   | 29      |   |       | –  |       |   | (24)              |   |   | 1  |   |   | 34  |
| Total                                             | $               | 5,325  |            | $      | 10,928  |   | $          | (817)         |       | $      | (8,702)           |   | $ | 1,371  |   | $ | 8,105  |
|                                              |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |
|                                              |            |        |            |   |         |   |       |          |       |   |              |   |   |   |   |   |   |

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

| (b)   | During      the first quarter of 2009, we transferred Artesia from CLL to Consumer.      Prior-period amounts were reclassified to conform to the current-period’s      presentation. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                              | Balance         |        | Provision       |   |        |   |       |            |       |   | Balance           |
|---------------------------------------------------|-----------------|-------------|-----------------|--------|-------------|--------|------------|-----------------|------------|--------|-------------------|
|                                              | January      1, |        | charged      to |   |        |   | Gross      |            |       |   | December      31, |
| (In      millions)                                | 2008            |        | operations      |   | Other(a)    |   | write-offs |            | Recoveries |   | 2008              |
|                                              |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
| CLL(b)                                            |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
| Americas                                          | $               | 471    |            | $      | 909    |   | $          |  111  |       | $      |  (728)       |   | $ |  80  |   | $ | 843  |
| Europe                                            |            | 232    |            |   | 309    |   |       |  (32)      |       |   |  (247)       |   |   |  26  |   |   | 288  |
| Asia                                              |            | 226    |            |   | 152    |   |       |  34   |       |   |  (256)       |   |   |  7  |   |   | 163  |
| Other                                             |            | 3      |            |   | 2      |   |       |  (4)       |       |   | –      |   |   |  1  |   |   | 2  |
|                                              |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
| Consumer(b)                                       |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
| Non-U.S.      residential                         |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
|     mortgages                 |            | 246    |            |   | 324    |   |       |  (38)      |       |   |  (218)       |   |   |  69  |   |   | 383  |
| Non-U.S.      installment                         |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
|     and      revolving credit |            | 1,371  |            |   | 1,748  |   |       |  (417)     |       |   |  (2,551)     |   |   |  900  |   |   | 1,051  |
| U.S.      installment and                         |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
|     revolving      credit     |            | 985    |            |   | 3,217  |   |       |  (624)     |       |   |  (2,173)     |   |   |  295  |   |   | 1,700  |
| Non-U.S.      auto                                |            | 324    |            |   | 376    |   |       |  (124)     |       |   |  (637)       |   |   |  283  |   |   | 222  |
| Other                                             |            | 167    |            |   | 229    |   |       |  9    |       |   |  (248)       |   |   |  69  |   |   | 226  |
|                                              |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
| Real      Estate                                  |            | 168    |            |   | 135    |   |       |  9    |       |   |  (12)        |   |   |  1  |   |   | 301  |
|                                              |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
| Energy      Financial                             |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
|    Services                        |            | 19     |            |   | 36     |   |       |  3    |       |   | –      |   |   | –  |   |   | 58  |
|                                              |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
| GECAS                                             |            | 8      |            |   | 53     |   |       | –    |       |   |  (1)         |   |   | –  |   |   | 60  |
|                                              |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
| Other                                             |            | 18     |            |   | 28     |   |       | –    |       |   |  (18)        |   |   | –  |   |   | 28  |
| Total                                             | $               | 4,238  |            | $      | 7,518  |   | $          |  (1,073)   |       | $      |  (7,089)     |   | $ |  1,731  |   | $ | 5,325  |
|                                              |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |
|                                              |            |        |            |   |        |   |       |            |       |   |              |   |   |   |   |   |   |

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

| (b)   | During      the first quarter of 2009, we transferred Artesia from CLL to Consumer.      Prior-period amounts were reclassified to conform to the current-period’s      presentation. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                              | Balance         |              | Provision       |   |              |   |       |          |       |   | Balance           |
|---------------------------------------------------|-----------------|-------------------|-----------------|--------|-------------------|--------|------------|---------------|------------|--------|-------------------|
|                                              | January      1, |              | charged      to |   |              |   | Gross      |          |       |   | December      31, |
| (In      millions)                                | 2007            |              | operations      |   | Other(a)          |   | write-offs |          | Recoveries |   | 2007              |
|                                              |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
| CLL(b)                                            |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
| Americas                                          | $               |  466    |            | $      |  345    |   | $          | (9)           |       | $      |  (426)       |   | $ | 95  |   | $ | 471  |
| Europe                                            |            |  205    |            |   |  115    |   |       | 44       |       |   |  (171)       |   |   | 39  |   |   | 232  |
| Asia                                              |            |  48     |            |   |  40     |   |       | 186      |       |   |  (55)        |   |   | 7  |   |   | 226  |
| Other                                             |            |  3      |            |   | –      |   |       | –  |       |   | –      |   |   | –  |   |   | 3  |
|                                              |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
| Consumer(b)                                       |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
| Non-U.S.      residential                         |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
|     mortgages                 |            |  417    |            |   |  (139)       |   |       | 5        |       |   |  (129)       |   |   | 92  |   |   | 246  |
| Non-U.S.      installment                         |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
|     and      revolving credit |            |  1,253  |            |   |  1,669  |   |       | (23)          |       |   |  (2,324)     |   |   | 796  |   |   | 1,371  |
| U.S.      installment and                         |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
|     revolving      credit     |            |  876    |            |   |  1,960  |   |       | (703)         |       |   |  (1,505)     |   |   | 357  |   |   | 985  |
| Non-U.S.      auto                                |            |  279    |            |   |  279    |   |       | 57       |       |   |  (653)       |   |   | 362  |   |   | 324  |
| Other                                             |            |  175    |            |   |  123    |   |       | (3)           |       |   |  (198)       |   |   | 70  |   |   | 167  |
|                                              |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
| Real      Estate                                  |            |  155    |            |   |  24     |   |       | 6        |       |   |  (25)        |   |   | 8  |   |   | 168  |
|                                              |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
| Energy      Financial                             |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
|    Services                        |            |  29     |            |   |  (10)        |   |       | –  |       |   | –      |   |   | –  |   |   | 19  |
|                                              |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
| GECAS                                             |            |  15     |            |   |  16     |   |       | –  |       |   |  (23)        |   |   | –  |   |   | 8  |
|                                              |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
| Other                                             |            |  24     |            |   |  9      |   |       | –  |       |   |  (17)        |   |   | 2  |   |   | 18  |
| Total                                             | $               |  3,945  |            | $      |  4,431  |   | $          |  (440)   |       | $      |  (5,526)     |   | $ | 1,828  |   | $ | 4,238  |
|                                              |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |
|                                              |            |              |            |   |              |   |       |          |       |   |              |   |   |   |   |   |   |

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

| (b) | During      the first quarter of 2009, we transferred Artesia from CLL to Consumer.      Prior-period amounts were reclassified to conform to the current-period’s      presentation. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                        | Depreciable     |     |       |   |               |   |   |
|-------------------------------------------------------------|-----------------|----------|------------|--------|--------------------|--------|--------|
|                                                        | lives-new       |     |       |   |               |   |   |
| December      31 (Dollars in millions)                      | (in      years) |     | 2009  |   | 2008          |
|                                                        |            |     |       |   |               |   |   |   |
| Original      cost(a)                                       |            |     |       |   |               |   |   |   |
| Land      and improvements, buildings, structures and       |            |     |       |   |               |   |   |   |
|     related      equipment              |            | 2-40     | (b)        | $      |  6,119   |   | $      |  7,076  |
| Equipment      leased to others                             |            |     |       |   |               |   |   |   |
|     Aircraft                            |            | 20  |       |   |  42,634  |   |   |  40,478  |
|     Vehicles(c)                         |            | 1-14     |       |   |  21,589  |   |   |  32,098  |
|     Railroad      rolling stock         |            | 5-36     |       |   |  4,290   |   |   | 4,402  |
|     Construction      and manufacturing |            | 2-24     |       |   |  2,759   |   |   | 3,363  |
|     Mobile      equipment               |            | 12-25    |       |   |  2,786   |   |   | 2,954  |
|     All      other                      |            | 2-40     |       |   |  2,862   |   |   | 2,789  |
| Total                                                       |            |     |       | $      |  83,039  |   | $      |  93,160  |
|                                                        |            |     |       |   |               |   |   |   |
| Net      carrying value(a)                                  |            |     |       |   |               |   |   |   |
| Land      and improvements, buildings, structures and       |            |     |       |   |               |   |   |   |
|     related      equipment              |            |     |       | $      |  3,785   |   | $      |  4,527  |
| Equipment      leased to others                             |            |     |       |   |               |   |   |   |
|     Aircraft(d)                         |            |     |       |   |  32,983  |   |   |  32,288  |
|     Vehicles(c)                         |            |     |       |   |  11,519  |   |   |  18,149  |
|     Railroad      rolling stock         |            |     |       |   |  2,887   |   |   |  2,915  |
|     Construction      and manufacturing |            |     |       |   |  1,697   |   |   |  2,333  |
|     Mobile      equipment               |            |     |       |   |  1,912   |   |   |  2,022  |
|     All      other                      |            |     |       |   |  1,934   |   |   |  1,863  |
| Total                                                       |            |     |       | $      |  56,717  |   | $      |  64,097  |
|                                                        |            |     |       |   |               |   |   |   |
|                                                        |            |     |       |   |               |   |   |   |

| (a) | Included      $1,609 million and $1,748 million of original cost of assets leased to GE      with accumulated amortization of $572 million and $491 million at December      31, 2009 and 2008, respectively. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Depreciable      lives exclude land. |
|-----------------|--------------------------------------|

| (c)   | At      December 31, 2008, included $7,774 million of original cost assets and      $4,737 million net carrying value related to Penske Truck Leasing Co.,      L.P. (PTL), which was deconsolidated in2009. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | GECAS      recognized impairment losses of $127 million in 2009 and $72 million in      2008 recorded in the caption “Depreciation and amortization” in the      Statement of Earnings to reflect adjustments to fair value based on      current market values from independent  appraisers. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (In      millions)                          |   |               |
|---------------------------------------------|--------|--------------------|
|                                        |   |               |
| Due      in                                 |   |               |
|     2010                | $      |  7,812   |
|     2011                |   |  6,110   |
|     2012                |   |  4,724   |
|     2013                |   |  3,729   |
|     2014                |   |  3,046   |
|     2015      and later |   |  8,820   |
| Total                                       | $      |  34,241  |
|                                        |   |               |

----

| December      31 (In millions)                                         | 2009   |         | 2008   |
|------------------------------------------------------------------------|--------|--------------|--------|
|                                                                   |   |         |   |   |   |
| Goodwill                                                               | $      | 28,961  |   | $ | 25,365  |
|                                                                   |   |         |   |   |   |
| Other      intangible assets                                           |   |         |   |   |   |
|     Intangible      assets subject to amortization | $      | 3,479   |   | $ | 3,613  |
|                                                                   |   |         |   |   |   |
|                                                                   |   |         |   |   |   |

|                           | 2009           |         | 2008        |
|--------------------------------|----------------|--------------|-------------|
|                           |           |         |        | Acquisitions/ |   | Dispositions, |   |   |   |   |   |   |   | Acquisitions/ |   | Dispositions, |   |   |   |
|                           |           |         |        | acquisition |   | currency |   |   |   |   |   |   |   | acquisition |   | currency |   |   |   |
|                           | Balance        |         | accounting  |   | exchange |   | Balance |   | Balance |   | accounting |   | exchange |   | Balance |
| (In      millions)             | January      1 |         | adjustments |   | and      other |   | December      31 |   | January      1 |   | adjustments |   | and      other |   | December      31 |
|                           |           |         |        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CLL                            | $              | 12,458  | (a)         | $ | 1,588  |   | $ | (11) |   | $ | 14,035  |   | $ | 11,665  | (a) | $ | 1,048  |   | $ | (255) |   | $ | 12,458  |
| Consumer                       |           | 9,407   | (a)         |   | 1,648  |   |   | 406  |   |   | 11,461  |   |   | 10,623  | (a) |   | 475  |   |   | (1,691) |   |   | 9,407  |
| Real      Estate               |           | 1,183   |        |   | (7) |   |   | 13  |   |   | 1,189  |   |   | 1,087  |   |   | 170  |   |   | (74) |   |   | 1,183  |
| Energy      Financial Services |           | 2,162   |        |   | (4) |   |   | (39) |   |   | 2,119  |   |   | 1,890  |   |   | 330  |   |   | (58) |   |   | 2,162  |
| GECAS                          |           | 155     |        |   |  –  |   |   | 2  |   |   | 157  |   |   | 162  |   |   | 1  |   |   | (8) |   |   | 155  |
| Total                          | $              | 25,365  |        | $ | 3,225  |   | $ | 371  |   | $ | 28,961  |   | $ | 25,427  |   | $ | 2,024  |   | $ | (2,086) |   | $ | 25,365  |
|                           |           |         |        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                           |           |         |        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| (a)   | Reflected      the transfer of Artesia during the first quarter of 2009, resulting in a      related movement of beginning goodwill balance of $326 million in 2009 and      $350 million in 2008. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                  | 2009     |        | 2008         |
|---------------------------------------|----------|-------------|--------------|
|                                  | Gross    |        |         |   |   |   | Gross |   |   |   |   |
|                                  | carrying |        | Accumulated  |   |   |   | carrying |   | Accumulated |   |   |
| December      31 (In millions)        | amount   |        | amortization |   | Net |   | amount |   | amortization |   | Net |
|                                  |     |        |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                  |     |        |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Customer-related                      | $        | 1,831  |         | $ | (690) |   | $ | 1,141  |   | $ | 1,790  |   | $ | (616) |   | $ | 1,174  |
| Patents,      licenses and trademarks |     | 630    |         |   | (461) |   |   | 169  |   |   | 564  |   |   | (460) |   |   | 104  |
| Capitalized      software             |     | 2,183  |         |   | (1,567) |   |   | 616  |   |   | 2,166  |   |   | (1,476) |   |   | 690  |
| Lease      valuations                 |     | 1,754  |         |   | (793) |   |   | 961  |   |   | 1,761  |   |   | (594) |   |   | 1,167  |
| Present      value of future profits  |     | 921    |         |   | (470) |   |   | 451  |   |   | 869  |   |   | (439) |   |   | 430  |
| All      other                        |     | 444    |         |   | (303) |   |   | 141  |   |   | 210  |   |   | (162) |   |   | 48  |
| Total                                 | $        | 7,763  |         | $ | (4,284) |   | $ | 3,479  |   | $ | 7,360  |   | $ | (3,747) |   | $ | 3,613  |
|                                  |     |        |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| December      31 (In millions)                       |   | 2009  |         | 2008  |
|------------------------------------------------------|--------|------------|--------------|------------|
|                                                 |   |       |         |       |   |   |
| Investments                                          |   |       |         |       |   |   |
|     Real      estate(a)(b)       |   | $          | 36,957  |       | $ | 36,743  |
|     Associated      companies    |   |       | 25,374  |       |   | 18,694  |
|     Assets      held for sale(c) |   |       | 3,708   |       |   | 5,038  |
|     Cost      method(b)          |   |       | 1,972   |       |   | 2,482  |
|     Other                        |   |       | 1,985   |       |   | 1,854  |
|                                                 |   |       | 69,996  |       |   | 64,811  |
|                                                 |   |       |         |       |   |   |
| Derivative      instruments                          |   |       | 7,682   |       |   | 12,115  |
| Advances      to suppliers                           |   |       | 2,224   |       |   | 2,187  |
| Deferred      acquisition costs                      |   |       | 1,054   |       |   | 1,230  |
| Deferred      borrowing costs(d)                     |   |       | 2,559   |       |   | 1,499  |
| Other                                                |   |       | 3,956   |       |   | 3,879  |
| Total                                                |   | $          | 87,471  |       | $ | 85,721  |
|                                                 |   |       |         |       |   |   |
|                                                 |   |       |         |       |   |   |

| (a) | Our      investment in real estate consisted principally of two categories: real      estate held for investment and equity method investments. Both categories      contained a wide range of properties including the following at December      31, 2009: office buildings (45%), apartment buildings (13%), industrial      properties (11%), retail facilities (9%), franchise properties (7%),      parking facilities (2%) and other (13%). At December 31, 2009, investments      were located in the Americas (46%), Europe (32%) and Asia      (22%). |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | The      fair value of and unrealized loss on cost method investments in a      continuous loss position for less than 12 months at December 31, 2009,      were $423 million and $67 million, respectively. The fair value of and      unrealized loss on cost method investments in a continuous loss position      for 12 months or more at December 31, 2009, were $48 million and $13      million, respectively. The fair value of and unrealized loss on cost      method investments in a continuous loss position for less than 12 months      at December 31, 2008, were $565 million and $98 million, respectively. The      fair value of and unrealized loss on cost method investments in a      continuous loss position for 12 months or more at December 31, 2008, were      $64 million and $4 million,respectively. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | Assets      were classified as held for sale on the date a decision was made to      dispose of them through sale, securitization or other means. Such assets      consisted primarily of credit card receivables, loans, aircraft, equipment      and real estate properties, and were accounted for at the lower of      carrying amount or estimated fair value less costs to sell. These amounts      are net of valuation allowances of $145 million and $112 million at      December 31, 2009 and 2008,respectively. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Included      $1,642 million and $434 million at December 31, 2009 and 2008,      respectively, of unamortized fees related to our participation in the      Temporary Liquidity GuaranteeProgram. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Short-term      Borrowings                                                                 |       |   | 2009  |          |       | 2008        |   |
|--------------------------------------------------------------------------------------------|------------|--------|------------|---------------|------------|------------------|--------|
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
|                                                                                       |       |   |       |          |       | Average          |   |   |   |   | Average |   |
| December      31 (Dollars in millions)                                                     |       |   | Amount     |          | rate(a)    |             |   | Amount |   | rate(a) |   |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
| Commercial      paper                                                                      |       |   |       |          |       |             |   |   |   |   |   |   |
|     U.S.                                                               |       |   |       |          |       |             |   |   |   |   |   |   |
|         Unsecured(b)                               |       |   | $          | 37,775   |       |  0.20  | %      |   | 62,768  |   | 2.12  | % |
|         Asset-backed(c)                            |       |   |       | 2,424    |       |  0.29  |   |   | 3,652  |   | 2.57  |   |
|     Non-U.S.                                                           |       |   |       | 9,525    |       |  0.86  |   |   | 9,033  |   | 4.12  |   |
| Current      portion of long-term                                                          |       |   |       |          |       |             |   |   |   |   |   |   |
|     borrowings(b)(d)(e)                                                |       |   |       | 70,262   |       |  3.39  |   |   | 69,682  |   | 3.83  |   |
| GE      Interest Plus notes(f)                                                             |       |   |       | 7,541    |       |  2.40  |   |   | 5,633  |   | 3.58  |   |
| Other                                                                                      |       |   |       | 6,412    |       |             |   |   | 13,131  |   |   |   |
| Total      short-term borrowings                                                           |       |   | $          | 133,939  |       |             |   | $ | 163,899  |   |   |   |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
| Long-term      Borrowings                                                                  |       |   | 2009  |          | 2008  |             |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
|                                                                                       |       |   |       |          |       | Average          |   |   |   |   | Average |   |
| December      31 (Dollars in millions)                                                     | Maturities |   | Amount     |          | rate(a)    |             | Amount |   | rate(a) |   |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
| Senior      notes                                                                          |       |   |       |          |       |             |   |   |   |   |   |   |
|             Unsecured(b)(e)(g) | 2011-2055  |   | $          | 312,852  |       |  3.23  | %      | $ | 296,760  |   |  4.82  |   |
|             Asset-backed(h)    | 2011-2035  |   |       | 3,390    |       |  4.01  |   |   | 5,002  |   |  5.12  |   |
| Subordinated      notes(i)                                                                 | 2012-2037  |   |       | 2,686    |       |  5.77  |   |   | 2,866  |   |  5.70  |   |
| Subordinated      debentures(j)                                                            | 2066-2067  |   |       | 7,647    |       |  6.48  |   |   | 7,315  |   |  6.20  |   |
| Other                                                                                      |       |   |       | 897      |       |             |   |   | 1,905  |   |   |   |
| Total      long-term borrowings                                                            |       |   | $          | 327,472  |       |             |   | $ | 313,848  |   |   |   |
|                                                                                       |       |   |       |          |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
| Bank      deposits(k)                                                                      |       |   | $          | 38,923   |       |             |   | $ | 36,854  |   |   |   |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
| Total      borrowings and bank deposits                                                    |       |   | $          | 500,334  |       |             |   | $ | 514,601  |   |   |   |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |
|                                                                                       |       |   |       |          |       |             |   |   |   |   |   |   |

| (a)   | Based      on year-end balances and year-end local currency interest rates. Current      portion of long-term debt included the effects of related fair value      interest rate and currency hedges, if any, directly associated with the      original debt issuance. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | GE      Capital had issued and outstanding $59,336 million (long-term borrowings)      and $35,243 million ($21,823 million commercial paper and $13,420 million      long-term borrowings) of senior, unsecured debt that was guaranteed by the      Federal Deposit Insurance Corporation (FDIC) under the Temporary Liquidity      Guarantee Program at December 31, 2009 and 2008, respectively. GE Capital      and GE are parties to an Eligible Entity Designation Agreement and GE      Capital is subject to the terms of a Master Agreement, each entered into      with the FDIC. The terms of these agreements include, among other things,      a requirement that GE and GE Capital reimburse the FDIC for any amounts      that the FDIC pays to holders of GE Capital debt that is guaranteed by the      FDIC. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Consists      entirely of obligations of consolidated, liquidating securitization      entities. See Note 16. |
|-----------------|---------------------------------------------------------------------------------------------------------------|

| (d)   | Included      $204 million and $326 million of asset-backed senior notes, issued by      consolidated, liquidating securitization entities at December 31, 2009 and      2008, respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Included      in total long-term borrowings was $3,138 million of obligations to holders      of guaranteed investment contracts at December 31, 2009, of which GE      Capital could be required to repay up to approximately $3,000 million if      its long-term credit rating were to fall below AA-/Aa3 or its short-term      credit rating were to fall belowA-1+/P-1. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

| (g)   | Included      $1,649 million of covered bonds at December 31, 2009. If the short-term      credit rating of GE Capital were reduced below A-1/P-1, GE Capital would      be required to partially cash collateralize these bonds in an amount up to      $775 million. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (h)   | Included      $452 million and $2,104 million of asset-backed senior notes, issued by      consolidated, liquidating securitization entities at December 31, 2009 and      2008, respectively. See Note 16. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | Included      $417 million and $750 million of subordinated notes guaranteed by GE at      December 31, 2009 and 2008,respectively. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------|

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

| (k)   | Included      $21,252 million and $12,314 million of deposits in non-U.S. banks at      December 31, 2009 and 2008, respectively, and $10,476 million and $6,699      million of certificates of deposits distributed by brokers with maturities      greater than one year at December 31, 2009 and 2008,      respectively. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (In      millions) | 2010  |         | 2011  |   | 2012    |   | 2013  |         | 2014  |
|--------------------|------------|--------------|------------|--------|--------------|--------|------------|--------------|------------|
|               |       |         |       |   |         |   |       |         |       |   |   |   |   |   |
|               | $          | 70,262  | (a)        | $      | 65,532  |   | $          | 83,311  |       | $ | 29,551  |   | $ | 27,369  |
|               |       |         |       |   |         |   |       |         |       |   |   |   |   |   |
|               |       |         |       |   |         |   |       |         |       |   |   |   |   |   |

| (a) | Fixed      and floating rate notes of $632 million contain put options with exercise      dates in 2010, and which have final maturity beyond  2014. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------|

| December      31 (In millions)                          |   | 2009  |         | 2008  |
|---------------------------------------------------------|--------|------------|--------------|------------|
|                                                    |   |       |         |       |   |   |
| Investment      contracts                               |   | $          | 3,940   |       | $ | 4,212  |
| Guaranteed      investment contracts                    |   |       | 8,310   |       |   | 10,828  |
|     Total      investment contracts |   |       | 12,250  |       |   | 15,040  |
| Life      insurance benefits(a)                         |   |       | 16,847  |       |   | 16,259  |
| Unpaid      claims and claims adjustment expenses       |   |       | 2,102   |       |   | 2,145  |
| Unearned      premiums                                  |   |       | 532     |       |   | 623  |
| Universal      life benefits                            |   |       | 278     |       |   | 302  |
| Total                                                   |   | $          | 32,009  |       | $ | 34,369  |
|                                                    |   |       |         |       |   |   |
|                                                    |   |       |         |       |   |   |

| (a) | Life      insurance benefits are accounted for mainly by a net-level-premium method      using estimated yields generally ranging from 3.0% to 8.50% in both 2009      and 2008. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (In      millions)                                             | 2009  |          | 2008  |   | 2007     |
|----------------------------------------------------------------|------------|---------------|------------|--------|---------------|
|                                                           |       |          |       |   |          |   |   |   |
| Current      tax expense (benefit)                             | $          |  (1,584) |       | $      |  (1,508) |   | $ |  1,268  |
| Deferred      tax expense (benefit) from temporary differences |       |  (2,245) |       |   |  (867)   |   |   |  93  |
| Total                                                          | $          |  (3,829) |       | $      |  (2,375) |   | $ |  1,361  |
|                                                           |       |          |       |   |          |   |   |   |

----

| December      31 (In millions)                                                                              |   | 2009   |        | 2008   |
|-------------------------------------------------------------------------------------------------------------|--------|--------|-------------|--------|
|                                                                                                        |   |   |        |   |   |   |
| Unrecognized      tax benefits                                                                              |   | $      | 4,763  |   | $ | 4,397  |
|    Portion      that, if recognized, would reduce tax expense and effective tax      rate(a) |   |   | 2,726  |   |   | 2,669  |
| Accrued      interest on unrecognized tax benefits                                                          |   |   | 919    |   |   | 864  |
| Accrued      penalties on unrecognized tax benefits                                                         |   |   | 73     |   |   | 65  |
| Reasonably      possible reduction to the balance of unrecognized                                           |   |   |        |   |   |   |
|    tax      benefits in succeeding 12 months                                                 |   |   | 0-1,300     |   |   | 0-1,000 |
|    Portion      that, if recognized, would reduce tax expense and effective tax      rate(a) |   |   | 0-900       |   |   | 0-650 |
|                                                                                                        |   |   |        |   |   |   |
|                                                                                                        |   |   |        |   |   |   |

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

| (In      millions)                                   | 2009   |        | 2008   |
|------------------------------------------------------|--------|-------------|--------|
|                                                 |   |        |   |   |   |
| Balance      at January 1                            | $      | 4,397  |   | $ | 3,906  |
| Additions      for tax positions of the current year |   | 517    |   |   | 420  |
| Additions      for tax positions of prior years      |   | 86     |   |   | 330  |
| Reductions      for tax positions of prior years     |   | (174)       |   |   | (169) |
| Settlements      with tax authorities                |   | (57)        |   |   | (74) |
| Expiration      of the statute of limitations        |   | (6)         |   |   | (16) |
| Balance      at December 31                          | $      | 4,763  |   | $ | 4,397  |
|                                                 |   |        |   |   |   |

----

|                                                                       | 2009   |             | 2008   |   | 2007          |   |
|----------------------------------------------------------------------------|--------|------------------|--------|--------|---------------|--------|
|                                                                       |   |             |   |   |          |   |   |   |   |
| U.S.      federal statutory income tax rate                                |   |  35.0  | %      |   | 35.0     | %      |   | 35.0  | % |
| Increase      (reduction) in rate resulting from                           |   |             |   |   |          |   |   |   |   |
|     Tax      on global activities including exports(a) |   | 113.8       |   |   | (71.3)        |   |   | (20.7) |   |
|     U.S.      business credits                         |   | 14.4        |   |   | (3.7)         |   |   | (1.5) |   |
|     SES      transaction                               |   | –     |   |   | –  |   |   | (3.9) |   |
|     All      other - net                               |   | 10.2        |   |   | (2.2)         |   |   | 0.8  |   |
|                                                                       |   | 138.4       |   |   | (77.2)        |   |   | (25.3) |   |
| Actual      income tax rate                                                |   | 173.4       | %      |   | (42.2)        | %      |   | 9.7  | % |
|                                                                       |   |             |   |   |          |   |   |   |   |
|                                                                       |   |             |   |   |          |   |   |   |   |

| (a) | 2009      and 2008 included 31.7% and (6.2)%, respectively, from indefinite      reinvestment of prior-yearearnings. |
|-----|----------------------------------------------------------------------------------------------------------------------|

| Deferred      Income Taxes |
|----------------------------|

| Principal      components of our net liability representing deferred income tax balances      are as follows: |
|---------------------------------------------------------------------------------------------------------------|

| December      31 (In millions)             | 2009   |         | 2008   |
|--------------------------------------------|--------|--------------|--------|
|                                       |   |         |   |   |   |
| Assets                                     |   |         |   |   |   |
| Allowance      for losses                  | $      | 3,094   |   | $ | 2,459  |
| Cash      flow hedges                      |   | 818     |   |   | 2,260  |
| Net      unrealized losses on securities   |   | 193     |   |   | 1,634  |
| Non-U.S.      loss carryforwards(a)        |   | 1,299   |   |   | 979  |
| Other      - net                           |   | 5,703   |   |   | 3,848  |
| Total      deferred income tax assets      |   | 11,107  |   |   | 11,180  |
|                                       |   |         |   |   |   |
| Liabilities                                |   |         |   |   |   |
| Financing      leases                      |   | 6,210   |   |   | 7,317  |
| Operating      leases                      |   | 5,557   |   |   | 4,882  |
| Investment      in global subsidiaries     |   | 493     |   |   | 2,127  |
| Intangible      assets                     |   | 1,585   |   |   | 1,360  |
| Other      - net                           |   | 4,055   |   |   | 4,027  |
| Total      deferred income tax liabilities |   | 17,900  |   |   | 19,713  |
|                                       |   |         |   |   |   |
| Net      deferred income tax liability     | $      | 6,793   |   | $ | 8,533  |
|                                       |   |         |   |   |   |
|                                       |   |         |   |   |   |

| (a) | Net      of valuation allowances of $344 million and $260 million for 2009 and      2008, respectively. Of the net deferred tax asset as of December 31, 2009,      of $1,299 million, $14 million relates to net operating loss carryforwards      that expire in various years ending from December 31, 2010, through      December 31, 2012; $191 million relates to net operating losses that      expire in various years ending from December 31, 2013, through December      31, 2024; and $1,094 million relates to net operating loss carryforwards      that may be carried forwardindefinitely. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (In      millions)                                                         |   | 2009     |   |   | 2008     |   |   | 2007     |
|----------------------------------------------------------------------------|--------|---------------|--------|--------|---------------|--------|--------|---------------|
|                                                                       |   |          |   |   |          |   |   |          |
| Cumulative      preferred stock issued                                     | $      | 10       |   | $      | 10       |   | $      | 10       |
|                                                                       |   |          |   |   |          |   |   |          |
| Common      stock issued                                                   | $      | 1        |   | $      | 1        |   | $      | 1        |
|                                                                       |   |          |   |   |          |   |   |          |
| Accumulated      other comprehensive income                                |   |          |   |   |          |   |   |          |
| Balance      at January 1                                                  | $      | (7,856)       |   | $      | 6,750    |   | $      | 5,982    |
| Investment      securities - net of deferred taxes                         |   |          |   |   |          |   |   |          |
|     of      $1,000, $(2,494) and $(510)                |   | 2,681    |   |   | (3,759)       |   |   | (974)         |
| Currency      translation adjustments - net of deferred taxes              |   |          |   |   |          |   |   |          |
|     of      $(676), $4,138 and $(1,364)                |   | 2,630    |   |   | (8,611)       |   |   | 2,648    |
| Cash      flow hedges - net of deferred taxes                              |   |          |   |   |          |   |   |          |
|     of      $881, $(2,235) and $273                    |   | 828      |   |   | (4,747)       |   |   | 375      |
| Benefit      plans - net of deferred taxes                                 |   |          |   |   |          |   |   |          |
|     of      $(14), $(116) and $68(a)                   |   | (67)          |   |   | (262)         |   |   | 173      |
| Reclassification      adjustments                                          |   |          |   |   |          |   |   |          |
|     Investment      securities - net of deferred taxes |   |          |   |   |          |   |   |          |
|       of      $493, $708 and $(375)          |   | (20)          |   |   | 552      |   |   | (510)         |
| Currency      translation adjustments                                      |   | –  |   |   | (119)         |   |   | (13)          |
| Cash      flow hedges - net of deferred taxes                              |   |          |   |   |          |   |   |          |
|     of      $396, $641 and $(633)                      |   | 537      |   |   | 2,340    |   |   | (931)         |
| Balance      at December 31                                                | $      | (1,267)       |   | $      | (7,856)       |   | $      | 6,750    |
|                                                                       |   |          |   |   |          |   |   |          |
| Additional      paid-in capital                                            |   |          |   |   |          |   |   |          |
| Balance      at January 1                                                  | $      | 18,069   |   | $      | 12,564   |   | $      | 12,527   |
| Contributions(b)                                                           |   | 9,512    |   |   | 5,505    |   |   | 37       |
| Balance      at December 31                                                | $      | 27,581   |   | $      | 18,069   |   | $      | 12,564   |
|                                                                       |   |          |   |   |          |   |   |          |
| Retained      earnings                                                     |   |          |   |   |          |   |   |          |
| Balance      at January 1(c)                                               | $      | 43,117   |   | $      | 38,351   |   | $      | 35,500   |
| Net      earnings                                                          |   | 1,415    |   |   | 7,055    |   |   | 10,301   |
| Dividends(b)                                                               |   | (1)           |   |   | (2,351)       |   |   | (7,450)       |
| Other(b)(d)                                                                |   | (23)          |   |   | –  |   |   | –  |
| Balance      at December 31                                                | $      | 44,508   |   | $      | 43,055   |   | $      | 38,351   |
|                                                                       |   |          |   |   |          |   |   |          |
| Total      equity                                                          |   |          |   |   |          |   |   |          |
| GECS      shareowner's equity balance at December 31                       | $      | 70,833   |   | $      | 53,279   |   | $      | 57,676   |
| Noncontrolling      interests balance at December 31(e)                    |   | 2,048    |   |   | 2,269    |   |   | 1,501    |
| Total      equity balance at December 31                                   | $      | 72,881   |   | $      | 55,548   |   | $      | 59,177   |
|                                                                       |   |          |   |   |          |   |   |          |
|                                                                       |   |          |   |   |          |   |   |          |

| (a) | For      2009, included $93 million of gains (losses) arising during the year and      $(26) million of amortization of gains (losses) – net of deferred taxes of      $(25) million and $11 million, respectively. For 2008, included $(270)      million of gains (losses) arising during the year and $8 million of      amortization of gains (losses) – net of deferred taxes of $(120) million      and $4 million, respectively. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Total      dividends and other transactions with the shareowner increased equity by      $9,488 million in 2009, and $3,154 million in 2008 and decreased equity by      $7,413 million in 2007. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | The      2009 opening balance was adjusted as of April 1, 2009, for the cumulative      effect of changes in accounting principles of $62 million related to      adopting amendments on impairment guidance in ASC 320, Investments  –      Debt and Equity      Securities. The cumulative effect of adopting ASC 825 at January 1,      2008, was insignificant. The 2007 opening balance change reflects      cumulative effect of change in accounting principle of $(77) million      related to adopting amendments to ASC 740. See note 1 for further      information. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Related      to accretion of redeemable securities to their redemption      value. |
|-----------------|------------------------------------------------------------------------------------|

| (e)   | On      January 1, 2009, we adopted an amendment to ASC 810, Consolidation, that      requires us to classify noncontrolling interests (previously referred to      as “minority interest”) as part of shareowner’s equity and to disclose the      amount of other comprehensive income attributable to noncontrolling      interests. Changes to noncontrolling interests during 2009 resulted from      net earnings $31 million, dividends paid $(11) million, deconsolidation of      PTL $(331) million, other AOCI $(114) million and other changes of $204      million. Changes to the individual components of other AOCI attributable      to noncontrolling interests were primarily related to currency translation      adjustments $(69) million. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| December      31 (In millions)                              | 2009   |        | 2008   |
|-------------------------------------------------------------|--------|-------------|--------|
|                                                        |   |        |   |   |   |
| Noncontrolling      interests in consolidated affiliates(a) | $      | 1,771  |   | $ | 1,992  |
| Preferred      stock(b)                                     |   | 277    |   |   | 277  |
|                                                        | $      | 2,048  |   | $ | 2,269  |
|                                                        |   |        |   |   |   |
|                                                        |   |        |   |   |   |

| (a) | Included      noncontrolling interests in partnerships and common shares of consolidated      affiliates. |
|-----|-----------------------------------------------------------------------------------------------------------|

| (b)   | The      preferred stock pays cumulative dividends at an average rate of      6.81%. |
|-----------------|--------------------------------------------------------------------------------------|

----

| (In      millions)                           | 2009   |         | 2008   |   | 2007         |
|----------------------------------------------|--------|--------------|--------|--------|--------------|
|                                         |   |         |   |   |         |   |   |   |
| Interest      on loans                       | $      | 20,080  |   | $      | 27,109  |   | $ | 23,599  |
| Equipment      leased to others              |   | 12,231  |   |   | 15,568  |   |   | 15,260  |
| Fees                                         |   | 4,634   |   |   | 6,126   |   |   | 6,533  |
| Investment      income(a)                    |   | 3,391   |   |   | 2,191   |   |   | 4,724  |
| Financing      leases                        |   | 3,322   |   |   | 4,374   |   |   | 4,699  |
| Premiums      earned by insurance activities |   | 2,065   |   |   | 2,255   |   |   | 2,232  |
| Net      securitization gains                |   | 1,589   |   |   | 1,133   |   |   | 1,804  |
| Real      estate investments                 |   | 1,543   |   |   | 3,505   |   |   | 4,669  |
| Associated      companies                    |   | 1,059   |   |   | 2,217   |   |   | 2,172  |
| Other      items(b)(c)                       |   | 3,279   |   |   | 5,036   |   |   | 5,526  |
| Total                                        | $      | 53,193  |   | $      | 69,514  |   | $ | 71,218  |
|                                         |   |         |   |   |         |   |   |   |
|                                         |   |         |   |   |         |   |   |   |

| (a) | Included      gain on sale of Swiss Re common stock of $566 million in 2007 and net      other-than-temporary impairments on investment securities of $583 million,      $1,420 million and $127 million in 2009, 2008 and 2007, respectively. Of      the $583 million, $33 million related to impairments recognized in the      first quarter of 2009 that were reclassified to retained earnings as a      result of the amendments to ASC 320. See Note3. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Included      a gain on the sale of a partial interest in a limited partnership 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. See Note      16. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Included      a gain of $343 million on the remeasurement to fair value of our equity      method investment in BAC, following our acquisition of a controlling      interest in the second quarter of 2009. See Note  6. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (In      millions)          | 2009  |      | 2008  |   | 2007  |
|-----------------------------|------------|-----------|------------|--------|------------|
|                        |       |      |       |   |       |   |   |   |
| Equipment      for sublease | $          | 280  |       | $      | 358   |   | $ | 364  |
| Other      rental expense   |       | 537  |       |   | 634   |   |   | 591  |
|                        |       |      |       |   |       |   |   |   |

| (In      millions) |
|--------------------|
|               |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2010          |   | 2011  |   | 2012  |   | 2013  |   | 2014  |
| $                  | 609  |   | $ | 498  |   | $ | 436  |   | $ | 288  |   | $ | 211  |
|               |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

----

|                                                                              |         |          |         |   |          |   |   |          |   | Netting          |          |   |   |
|-----------------------------------------------------------------------------------|--------------|---------------|--------------|--------|---------------|--------|--------|---------------|--------|------------------|---------------|--------|--------|
| (In      millions)                                                                | Level      1 |          | Level      2 |   | Level      3  | (a)    |   | adjustment    | (b)    | Net      balance |
|                                                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| December      31, 2009                                                            |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
|                                                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| Assets                                                                            |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| Investment      securities                                                        |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
|      Debt                                                |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
|        U.S.      corporate                     | $            | 722      |         | $      | 19,669   |   | $      | 3,244    |   | $                | –  |   | $      | 23,635  |
|        State      and municipal                |         | –  |         |   | 1,621    |   |   | 173      |   |             | –  |   |   | 1,794  |
|        Residential      mortgage-backed        |         | –  |         |   | 3,195    |   |   | 123      |   |             | –  |   |   | 3,318  |
|        Commercial      mortgage-backed         |         | –  |         |   | 2,647    |   |   | 55       |   |             | –  |   |   | 2,702  |
|        Asset-backed                            |         | –  |         |   | 860      |   |   | 1,877    |   |             | –  |   |   | 2,737  |
|        Corporate      - non-U.S.               |         | 159      |         |   | 692      |   |   | 989      |   |             | –  |   |   | 1,840  |
|        Government      - non-U.S.              |         | 1,277    |         |   | 1,483    |   |   | 176      |   |             | –  |   |   | 2,936  |
|        U.S.      government and federal agency |         | 85       |         |   | 2,307    |   |   | 282      |   |             | –  |   |   | 2,674  |
|      Retained      interests                             |         | –  |         |   | –  |   |   | 8,831    |   |             | –  |   |   | 8,831  |
|      Equity                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
|        Available-for-sale                      |         | 523      |         |   | 184      |   |   | 19       |   |             | –  |   |   | 726  |
|        Trading                                 |         | 720      |         |   | –  |   |   | –  |   |             | –  |   |   | 720  |
| Derivatives(c)                                                                    |         | –  |         |   | 10,529   |   |   | 771      |   |             | (3,618)       |   |   | 7,682  |
| Other(d)                                                                          |         | –  |         |   | –  |   |   | 595      |   |             | –  |   |   | 595  |
| Total                                                                             | $            | 3,486    |         | $      | 43,187   |   | $      | 17,135   |   | $                | (3,618)       |   | $      | 60,190  |
|                                                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| Liabilities                                                                       |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| Derivatives                                                                       | $            | –  |         | $      | 7,034    |   | $      | 220      |   | $                | (3,630)       |   | $      | 3,624  |
| Other                                                                             |         | –  |         |   | 32       |   |   | –  |   |             | –  |   |   | 32  |
| Total                                                                             | $            | –  |         | $      | 7,066    |   | $      | 220      |   | $                | (3,630)       |   | $      | 3,656  |
|                                                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| December      31, 2008                                                            |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
|                                                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| Assets                                                                            |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| Investment      securities                                                        |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
|     Debt                                                      |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
|        U.S.      corporate                     | $            | –  |         | $      | 17,172   |   | $      | 3,046    |   | $                | –  |   | $      | 20,218  |
|        State      and municipal                |         | –  |         |   | 1,234    |   |   | 247      |   |             | –  |   |   | 1,481  |
|        Residential      mortgage-backed        |         | 30       |         |   | 4,141    |   |   | 173      |   |             | –  |   |   | 4,344  |
|        Commercial      mortgage-backed         |         | –  |         |   | 2,070    |   |   | 66       |   |             | –  |   |   | 2,136  |
|        Asset-backed                            |         | –  |         |   | 880      |   |   | 1,605    |   |             | –  |   |   | 2,485  |
|        Corporate      - non-U.S.               |         | 69       |         |   | 562      |   |   | 658      |   |             | –  |   |   | 1,289  |
|        Government      - non-U.S.              |         | 496      |         |   | 422      |   |   | 424      |   |             | –  |   |   | 1,342  |
|        U.S.      government and federal agency |         | 5        |         |   | 515      |   |   | 184      |   |             | –  |   |   | 704  |
|      Retained      interests                             |         | –  |         |   | –  |   |   | 6,356    |   |             | –  |   |   | 6,356  |
|      Equity                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
|        Available-for-sale                      |         | 458      |         |   | 12       |   |   | 23       |   |             | –  |   |   | 493  |
|        Trading                                 |         | 83       |         |   | 305      |   |   | –  |   |             | –  |   |   | 388  |
| Derivatives(c)                                                                    |         | –  |         |   | 18,109   |   |   | 1,094    |   |             | (7,088)       |   |   | 12,115  |
| Other(d)                                                                          |         | –  |         |   | 288      |   |   | 551      |   |             | –  |   |   | 839  |
| Total                                                                             | $            | 1,141    |         | $      | 45,710   |   | $      | 14,427   |   | $                | (7,088)       |   | $      | 54,190  |
|                                                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| Liabilities                                                                       |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
| Derivatives                                                                       | $            | 2        |         | $      | 11,517   |   | $      | 165      |   | $                | (7,252)       |   | $      | 4,432  |
| Other                                                                             |         | –  |         |   | 323      |   |   | –  |   |             | –  |   |   | 323  |
| Total                                                                             | $            | 2        |         | $      | 11,840   |   | $      | 165      |   | $                | (7,252)       |   | $      | 4,755  |
|                                                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |
|                                                                              |         |          |         |   |          |   |   |          |   |             |          |   |   |   |

| (a) | Level      3 investment securities valued using non-binding broker quotes totaled      $1,055 million and $2,074 million at December 31, 2009 and 2008,      respectively, and were classified as available-for-sale      securities. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | 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. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | The      fair value of derivatives included an adjustment for non-performance risk.      At December 31, 2009 and 2008, the cumulative adjustment was a gain of $12      million and $164 million,respectively. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

----

|                                                                      |            |          |               |   | 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    |   | December      31, |   |   | December      31,   |   |
| (In      millions)                                                        | 2009       |          | earnings           | (a)    | income              |   | settlements |          | Level      3   | (b)    | 2009         |   |   | 2009           | (c)    |
|                                                                      |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
| Investment      securities                                 |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
|     Debt                                              |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
|       U.S.      corporate                   | $               | 3,046    |               | $      | 41             |   | $           | 386      |           | $      | (235)             |   | $      | 6              |   | $ | 3,244  |   |   | $ | –  |   |
|       State      and municipal              |            | 247      |               |   | –        |   |        | (100)         |           |   | (10)              |   |   | 36             |   |   | 173  |   |   |   | –  |   |
|       Residential                           |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
|          mortgage-backed     |            | 173      |               |   | (1)                 |   |        | (6)           |           |   | (20)              |   |   | (23)                |   |   | 123  |   |   |   | –  |   |
|       Commercial                            |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
|          mortgage-backed     |            | 66       |               |   | –        |   |        | (5)           |           |   | (7)               |   |   | 1              |   |   | 55  |   |   |   | –  |   |
|       Asset-backed                          |            | 1,605    |               |   | 3              |   |        | 246      |           |   | 97           |   |   | (74)                |   |   | 1,877  |   |   |   | –  |   |
|       Corporate      - non-U.S.             |            | 659      |               |   | (1)                 |   |        | 82       |           |   | 77           |   |   | 172            |   |   | 989  |   |   |   | –  |   |
|       Government      -                     |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
|          non-U.S.            |            | 424      |               |   | –        |   |        | 9        |           |   | 4            |   |   | (261)               |   |   | 176  |   |   |   | –  |   |
|       U.S.      government and              |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
|          federal      agency |            | 183      |               |   | –        |   |        | 102      |           |   | (3)               |   |   | –        |   |   | 282  |   |   |   | –  |   |
|     Retained      interests                           |            | 6,356    |               |   | 1,273          | (d)    |        | 382      |           |   | 820          |   |   | –        |   |   | 8,831  |   |   |   | 252  |   |
|     Equity                                            |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
|       Available-for-sale                    |            | 23       |               |   | (1)                 |   |        | 3        |           |   | (1)               |   |   | (5)                 |   |   | 19  |   |   |   | –  |   |
|       Trading                               |            | –  |               |   | –        |   |        | –  |           |   | –      |   |   | –        |   |   | –  |   |   |   | –  |   |
| Derivatives(e)                                                            |            | 956      |               |   | 87             |   |        | (31)          |           |   | (302)             |   |   | (140)               |   |   | 570  |   |   |   | 104  |   |
| Other                                                                     |            | 551      |               |   | 1              |   |        | 30       |           |   | 13           |   |   | –        |   |   | 595  |   |   |   | 3  |   |
| Total                                                                     | $               | 14,289   |               | $      | 1,402          |   | $           | 1,098    |           | $      | 433          |   | $      | (288)               |   | $ | 16,934  |   |   | $ | 359  |   |
|                                                                      |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
|                                                                      |            |          |               |   |                |   |        |          |           |   |              |   |   |                |   |   |   |   |   |   |   |   |

| (a)   | Earnings      effects are primarily included in the “Revenues from services” and      “Interest” captions in the Statement of  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)   | Primarily      comprised of interest accretion. |
|-----------------|-------------------------------------------------|

| (e)   | Represented      derivative assets net of derivative liabilities and included cash accruals      of $19 million not reflected in the fair value hierarchy      table. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                         |            |         |               |   | 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    |   | December      31, |   |   | December      31,   |   |
| (In      millions)                           | 2008       |         | earnings           | (a)    | income              |   | settlements |      | Level      3   | (b)    | 2008         |   |   | 2008           | (c)    |
|                                         |            |         |               |   |                |   |        |      |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
| Investment      securities    | $               | 12,122  |               | $      | 598            |   | $           | (1,586)   |           | $      | 653          |   | $      | 995            |   | $ | 12,782  |   |   | $ | 8  |   |
| Derivatives(d)(e)                            |            | 264     |               |   | 820            |   |        | 141  |           |   | (256)             |   |   | (13)                |   |   | 956  |   |   |   | 589  |   |
| Other                                        |            | 689     |               |   | (67)                |   |        | (29)      |           |   | (93)              |   |   | 51             |   |   | 551  |   |   |   | (67) |   |
| Total                                        | $               | 13,075  |               | $      | 1,351          |   | $           | (1,474)   |           | $      | 304          |   | $      | 1,033          |   | $ | 14,289  |   |   | $ | 530  |   |
|                                         |            |         |               |   |                |   |        |      |           |   |              |   |   |                |   |   |   |   |   |   |   |   |
|                                         |            |         |               |   |                |   |        |      |           |   |              |   |   |                |   |   |   |   |   |   |   |   |

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

| (b)   | Transfers      in and out of Level 3 are considered to occur at the beginning of the      period. Transfers into Level 3 were a result of increased use of      non-binding broker quotes that could not be validated with other market      observable data, resulting from continued deterioration in the credit      markets. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

| (d)   | Earnings      from derivatives were partially offset by $760 million in losses from      related derivatives included in Level 2 and $4 million in losses from      underlying debt obligations in qualifying fair value    hedges. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Represented      derivative assets net of derivative liabilities and included cash accruals      of $27 million not reflected in the fair value hierarchy      table. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                               | Year      ended December 31 |
|--------------------------------------------------------------------|-----------------------------|
| (In      millions)                                                 | 2009                        |   | 2008 |
|                                                               |                        |   |   |   |   |
| Financing      receivables and loans held for sale                 | $                           | (1,695) |   | $ | (583) |
| Cost      and equity method investments(a)                         |                        | (921) |   |   | (404) |
| Long-lived      assets(b)                                          |                        | (1,004) |   |   | (227) |
| Retained      investments in formerly consolidated subsidiaries(b) |                        | 237  |   |   | –  |
| Other(b)                                                           |                        | (29) |   |   | (222) |
| Total                                                              | $                           | (3,412) |   | $ | (1,436) |
|                                                               |                        |   |   |   |   |
|                                                               |                        |   |   |   |   |

| (a)   | Includes      fair value adjustments associated with private equity and real estate      funds of $(238) million and $(45) million during 2009 and 2008,      respectively. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | ASC      820 was adopted for non-financial assets valued on a non-recurring basis      as of January 1, 2009. |
|-----------------|---------------------------------------------------------------------------------------------------------------|

----

|                                                            | 2009              |              | 2008                      |
|-----------------------------------------------------------------|-------------------|-------------------|---------------------------|
|                                                            |              |              | Assets      (liabilities) |   |   |   |  Assets      (liabilities) |
| December      31 (In millions)                                  | Notional          |              | Carrying                  |   |   | Estimated |   | Notional |   | Carrying |   | Estimated |
| amount                                                          | amount      (net) |              | fair      value           | amount |   | amount      (net) | fair      value |
| Assets                                                          |              |              |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Loans                                   | $                 | (a)               |                      | $ |  283,135  |   | $ |  269,283  |   | $ | (a) |   | $ |  305,376  |   | $ |  292,797  |
|     Other      commercial mortgages         |              | (a)               |                      |   |  1,151  |   |   |  1,198  |   |   | (a) |   |   |  1,501  |   |   |  1,427  |
|     Loans      held for sale                |              | (a)               |                      |   |  1,303  |   |   |  1,343  |   |   | (a) |   |   |  3,640  |   |   |  3,670  |
|     Other      financial instruments(b)     |              | (a)               |                      |   |  2,096  |   |   |  2,385  |   |   | (a) |   |   |  2,637  |   |   |  2,810  |
| Liabilities                                                     |              |              |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Borrowings      and bank deposits(c)(d) |              | (a)               |                      |   |  (500,334) |   |   |  (506,148) |   |   | (a) |   |   |  (514,601) |   |   |  (495,541) |
|     Investment      contract benefits       |              | (a)               |                      |   |  (3,940) |   |   |  (4,397) |   |   | (a) |   |   |  (4,212) |   |   |  (4,536) |
|     Guaranteed      investment contracts    |              | (a)               |                      |   |  (8,310) |   |   |  (8,394) |   |   | (a) |   |   |  (10,828) |   |   |  (10,677) |
|     Insurance      - credit life(e)         |              |  1,595  |                      |   |  (80) |   |   |  (53) |   |   |  1,165  |   |   |  (44) |   |   |  (31) |
|                                                            |              |              |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                            |              |              |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

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

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

| (c)   | See      Note 8. |
|-----------------|------------------|

| (d)   | Fair      values exclude interest rate and currency derivatives designated as hedges      of borrowings. Had they been included, the fair value of borrowings at      December 31, 2009 and 2008 would have been reduced by $2,856 million and      $3,776 million, respectively. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Net      of reinsurance of $2,800 million and $3,103 million at December 31, 2009      and 2008, respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------|

----

|                                                       | Notional      amount |
|------------------------------------------------------------|----------------------|
| December      31 (In millions)                             | 2009            |   | 2008  |
|                                                       |                 |   |   |   |   |
| Ordinary      course of business lending commitments(a)(b) | $                    |  6,676  |   | $ | 8,507  |
| Unused      revolving credit lines(c)                      |                 |   |   |   |   |
|    Commercial                               |                 |  31,803  |   |   | 26,300  |
|    Consumer      - principally credit cards |                 |  231,880  |   |   | 252,867  |
|                                                       |                 |   |   |   |   |
|                                                       |                 |   |   |   |   |

| (a)   | Excluded      investment commitments of $2,659 million and $3,501 million as of December      31, 2009 and 2008, respectively. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Included      a $972 million and $1,067 million commitment as of December 31, 2009 and      2008, respectively, associated with a secured financing arrangement that      can increase to a maximum of $4,998 million and $4,943 million based on      the asset volume under the arrangement as of December 31, 2009 and 2008,      respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Excluded      inventory financing arrangements, which may be withdrawn at our option, of      $13,889 million and $14,503 million as of December 31, 2009 and 2008,      respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| December      31 (In millions)                           | 2009   |
|----------------------------------------------------------|--------|
|                                                     | Assets |   | Liabilities |
| Derivatives      accounted for as hedges                 |   |   |   |   |   |
|     Interest      rate contracts     | $      |  4,477  |   | $ |  3,469  |
|     Currency      exchange contracts |   |  4,199  |   |   |  2,325  |
|     Other      contracts             |   |  10  |   |   |  4  |
|                                                     |   |  8,686  |   |   |  5,798  |
|                                                     |   |   |   |   |   |
| Derivatives      not accounted for as hedges             |   |   |   |   |   |
|     Interest      rate contracts     |   |  966  |   |   |  888  |
|     Currency      exchange contracts |   |  1,319  |   |   |  463  |
|     Other      contracts             |   |  329  |   |   |  105  |
|                                                     |   |  2,614  |   |   |  1,456  |
| Netting      adjustment(a)                               |   |  (3,618) |   |   |  (3,630) |
|                                                     |   |   |   |   |   |
| Total                                                    | $      |  7,682  |   | $ |  3,624  |
|                                                     |   |   |   |   |   |
|                                                     |   |   |   |   |   |

| 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      December 31, 2009 and 2008, the cumulative adjustment for non-performance      risk was a gain of $12 million and $164 million,    respectively. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                             |   |                             |   |             | Year      ended        |
|----------------------------------|--------|----------------------------------|--------|------------------|------------------------|
|                             |   |                             |   |             | December      31, 2009 |
| (In      millions)               |   |                             |   | Gain      (loss) |                   | Gain      (loss) |
|                             |   |                             |   | on      hedging  |                   | on      hedged |
|                             |   | Financial      statement caption |   | derivatives      |                   | items |
|                             |   |                             |   |             |                   |   |   |   |
| Interest      rate contracts     |   | Interest                         |   | $                |  (5,194)          |   | $ |  4,998  |
| Currency      exchange contracts |   | Interest                         |   |             |  (1,106)          |   |   |  1,093  |
|                             |   |                             |   |             |                   |   |   |   |
|                             |   |                             |   |             |                   |   |   |   |

----

| (In      millions)                |   |        |              |                             |                        |               |           | Gain      (loss)  |
|-----------------------------------|--------|-------------|-------------------|----------------------------------|-----------------------------|--------------------|----------------|-------------------|
|                              |   |        |              |                             |                        |               |           | reclassified      |
| Year      ended December 31, 2009 |   |        | Gain      (loss)  |                             |                        |               |           | from              |
|                              |   | recognized  |              |                             |                        |               | AOCI      into |
|                              |   | in      OCI |              | Financial      statement caption |                        |               | earnings       |
|                              |   |        |              |                             |                        |               |           |              |
|                              |   |        |              |                             |                        |               |           |              |
| Cash      flow hedges             |   |        |              |                             |                        |               |           |              |
| Interest      rate contracts      |   | $           |  (854)       |                             | Interest                    |               | $              |  (2,051)     |
|                              |   |        |              |                             | Revenues      from services |               |           |  8      |
| Currency      exchange contracts  |   |        |  2,392  |                             | Interest                    |               |           |  1,189  |
|                              |   |        |              |                             | Revenues      from services |               |           |  (119)       |
| Commodity      contracts          |   |        |  (25)        |                             | Revenues      from services |               |           | –      |
|                              |   |        |              |                             |                        |               |           |              |
| Total                             |   | $           |  1,513  |                             |                        |               | $              |  (973)       |
|                              |   |        |              |                             |                        |               |           |              |
|                              |   |        | Gain      (loss)  |                             |                        |               |           | Gain      (loss)  |
|                              |   |        | recognized        |                             |                        |               |           | reclassified      |
|                              |   |        | in      CTA       |                             |                        |               |           | from      CTA     |
|                              |   |        |              |         |                        |     |           |              |
| Net      investment hedges        |   |        |              |                             |                        |               |           |              |
| Currency      exchange contracts  |   | $           |  (6,240)     |                             | Revenues      from services |               | $              |  (84)        |
|                              |   |        |              |                             |                        |               |           |              |
|                              |   |        |              |                             |                        |               |           |              |

----

----

| Counterparty      Credit Criteria                   |               |   |           |
|-----------------------------------------------------|--------------------|--------|----------------|
|                                                | Credit      rating |
|                                                | Moody's            |   | S      & P |
|                                                |               |   |           |
| Foreign      exchange forwards (less than one year) | P-1                |   | A-1            |
| All      derivatives between one and five years     | Aa3(a)             |   | AA-(a)         |
| All      derivatives greater than five years        | Aaa(a)             |   | AAA(a)         |
|                                                |               |   |           |
|                                                |               |   |           |

| (a) | Counterparties      that have an obligation to provide collateral to cover credit exposure in      accordance with a credit support agreement typically have a minimum A3/A -      rating. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exposure      Limits |   |           |        |   |                 |   |
|----------------------|--------|----------------|-------------|--------|----------------------|--------|
|                 |   |           |        |   |                 |   |   |   |
| (In      millions)   |   |           |        |   |                 |   |
|                 |   |           |        |   |                 |   |   |   |
| Minimum      rating  |   |           | Exposure(a) |
|                 |   |           |        |   | With      collateral |   |   | Without      collateral |
| Moody's              |   | S      & P |        |   | arrangements         |   |   | arrangements |
|                 |   |           |        |   |                 |   |   |   |
| Aaa                  |   | AAA            |        | $      | 100             |   | $ | 75  |
| Aa3                  |   | AA-            |        |   | 50              |   |   | 50  |
| A3                   |   | A-             |        |   | 5               |   |   |  – |
|                 |   |           |        |   |                 |   |   |   |
|                 |   |           |        |   |                 |   |   |   |

| (a) | For      derivatives with exposures less than one year, counterparties are      permitted to have unsecured exposure up to $150 million with a minimum      rating of A-1/P-1. Exposure to a counterparty is determined net of      collateral. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Securitization      entities that hold financing receivables and other financial assets. Since      they were consolidated in 2003, these assets have continued to run off;      totaled $2,608 million at December 31, 2009; and are primarily included in      Note 4 ($4,000 million in 2008). There has been no significant difference      between the performance of these financing receivables and our on-book      receivables on a blended basis. The liabilities of these securitization      entities, which consist primarily of commercial paper, totaled $2,504      million at December 31, 2009, and are included in Note 8 ($3,868 million      in 2008). 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 GE. The creditors of these entities have no claim on the      other assets of GE. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | Trinity,      a group of sponsored special purpose entities, holds investment      securities, the majority of which are investment grade, funded by the      issuance of guaranteed investment contracts. At December 31, 2009, these      entities held $6,629 million of investment securities, included in Note 3,      and $716 million of cash and other assets ($8,190 million and $1,001      million, respectively, at December 31, 2008). The associated guaranteed      investment contract liabilities, included in Note 9, were $8,310 million      and $10,828 million at the end of December 31, 2009 and 2008,      respectively. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                              |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
|-------------------------------------------------------------------|--------|--------------|-----------|--------|------------------|--------|--------|------------------|--------|--------|---------------|--------|--------|--------------|
|                                                              |   |         |      |   | Commercial       |   |   | Credit      card |   |   | Other         |   |   | Total        |
| December      31 (In millions)                                    |   | Equipment    | (a)(b)(c) |   | real      estate | (b)    |   | receivables      | (c)    |   | assets        | (b)    |   | assets       |
|                                                              |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
| 2009                                                              |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
| Asset      amount outstanding                                     | $      | 10,414  |      | $      | 7,381       |   | $      | 25,573      |   | $      | 3,528    |   | $      | 46,896  |
| Included      within the amount above are                         |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
|     retained      interests of:               |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
|       Financing      receivables(d) |   | 496     |      |   | –     |   |   | 2,471       |   |   | –  |   |   | 2,967   |
|       Investment      securities    |   | 1,081   |      |   | 263         |   |   | 7,156       |   |   | 292      |   |   | 8,792   |
|                                                              |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
| 2008                                                              |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
| Asset      amount outstanding                                     | $      | 13,298  |      | $      | 7,970       |   | $      | 26,046      |   | $      | 5,250    |   | $      | 52,564  |
| Included      within the amount above are                         |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
|     retained      interests of:               |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
|       Financing      receivables(d) |   | 339     |      |   | –     |   |   | 3,802       |   |   | –  |   |   | 4,141   |
|       Investment      securities    |   | 747     |      |   | 222         |   |   | 4,806       |   |   | 532      |   |   | 6,307   |
|                                                              |   |         |      |   |             |   |   |             |   |   |          |   |   |         |
|                                                              |   |         |      |   |             |   |   |             |   |   |          |   |   |         |

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

| (b)   | In      certain transactions entered into prior to December 31, 2004, we provided      contractual credit and liquidity support to third parties who purchased      debt in the QSPEs. We have not entered into additional arrangements since      that date. At December 31, 2009 and 2008, liquidity support totaled $2,084      million and $2,143 million, respectively. Credit support totaled $2,088      million and $2,164 million at December 31, 2009 and 2008,      respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | As      permitted by the terms of the applicable trust documents, in the second      and third quarters of 2009, we transferred $268 million of floorplan      financing receivables to the GE Dealer Floorplan Master Note Trust and      $328 million of credit card receivables to the GE Capital Credit Card      Master Note Trust in exchange for additional subordinated interests. These      actions had the effect of maintaining the AAA ratings of certain      securities issued by theseentities. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Uncertificated      seller’s interests. |
|-----------------|-----------------------------------------------|

----

| (Dollars      in millions)                      | Equipment   |             | Commercial |   | Credit      card |   | Other  |              |
|-------------------------------------------------|-------------|------------------|------------|--------|------------------|--------|--------|-------------------|
| real      estate                                | receivables | assets           |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| 2009                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| Discount      rate(a)                           |        |  8.9   | %          |   |  17.0  | %      |   |  9.1    | % |   |  5.4  | % |
| Effect      of                                  |        |             |       |   |             |   |   |              |   |   |   |   |
|     10%      adverse change | $           |  (13)       |       | $      |  (12)       |   | $      |  (58)        |   | $ |  (1) |   |
|     20%      adverse change |        |  (25)       |       |   |  (23)       |   |   |  (115)       |   |   |  (2) |   |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| Prepayment      rate(a)(b)                      |        |  23.8  | %          |   |  11.6  | %      |   |  9.9    | % |   |  54.0  | % |
| Effect      of                                  |        |             |       |   |             |   |   |              |   |   |   |   |
|     10%      adverse change | $           |  (5)        |       | $      |  (3)        |   | $      |  (54)        |   | $ | –  |   |
|     20%      adverse change |        |  (9)        |       |   |  (6)        |   |   |  (101)       |   |   |  (1) |   |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| Estimate      of credit losses(a)               |        |  0.9   | %          |   |  3.3   | %      |   |  15.0   | % |   | 0.1  | % |
| Effect      of                                  |        |             |       |   |             |   |   |              |   |   |   |   |
|     10%      adverse change | $           |  (7)        |       | $      |  (6)        |   | $      |  (207)       |   | $ | –  |   |
|     20%      adverse change |        |  (14)       |       |   |  (11)       |   |   |  (413)       |   |   | –  |   |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| Remaining      weighted average                 |        |             |       |   |             |   |   |              |   |   |   |   |
|   asset      lives (in months)        |        |  9     |       |   |  51    |   |   |  9      |   |   |  39  |   |
| Net      credit losses for the year             | $           |  153   |       | $      |  113   |   | $      |  1,914  |   | $ |  13  |   |
| Delinquencies                                   |        |  132   |       |   |  212   |   |   |  1,663  |   |   |  61  |   |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| 2008                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| Discount      rate(a)                           |        |  17.6  | %          |   |  25.8  | %      |   |  15.1   | % |   |  13.4  | % |
| Effect      of                                  |        |             |       |   |             |   |   |              |   |   |   |   |
|    10%      adverse change       | $           |  (15)       |       | $      |  (14)       |   | $      |  (53)        |   | $ |  (1) |   |
|     20%      adverse change |        |  (30)       |       |   |  (26)       |   |   |  (105)       |   |   |  (3) |   |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| Prepayment      rate(a)(b)                      |        |  19.5  | %          |   |  11.3  | %      |   |  9.6    | % |   |  52.0  | % |
| Effect      of                                  |        |             |       |   |             |   |   |              |   |   |   |   |
|     10%      adverse change | $           |  (2)        |       | $      |  (3)        |   | $      |  (60)        |   | $ | –  |   |
|     20%      adverse change |        |  (5)        |       |   |  (7)        |   |   |  (118)       |   |   |  (1) |   |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| Estimate      of credit losses(a)               |        |  0.7   | %          |   |  1.3   | %      |   |  16.2   | % |   | –  | % |
| Effect      of                                  |        |             |       |   |             |   |   |              |   |   |   |   |
|     10%      adverse change | $           |  (5)        |       | $      |  (2)        |   | $      |  (223)       |   | $ | –  |   |
|     20%      adverse change |        |  (10)       |       |   |  (4)        |   |   |  (440)       |   |   | –  |   |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |
| Remaining      weighted average                 |        |             |       |   |             |   |   |              |   |   |   |   |
|   asset      lives (in months)        |        |  14    |       |   |  55    |   |   |  10     |   |   |  4  |   |
| Net      credit losses for the year             | $           |  89    |       | $      |  28    |   | $      |  1,512  |   | $ |  5  |   |
| Delinquencies                                   |        |  123   |       |   |  260   |   |   |  1,833  |   |   |  80  |   |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |
|                                            |        |             |       |   |             |   |   |              |   |   |   |   |

| (a)   | Based      on weighted averages. |
|-----------------|----------------------------------|

| (b)   | Represented      a payment rate on credit card receivables, inventory financing receivables      (included within equipment) and trade receivables (included within other      assets). |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (In      millions)                                         | 2009  |         | 2008  |   | 2007    |
|------------------------------------------------------------|------------|--------------|------------|--------|--------------|
|                                                       |       |         |       |   |         |   |   |   |
| Cash      flows on transfers                               |       |         |       |   |         |   |   |   |
| Proceeds      from new transfers                           | $          | 10,013  |       | $      | 6,655   |   | $ | 22,767  |
| Proceeds      from collections reinvested                  |       |         |       |   |         |   |   |   |
|     in      revolving period transfers |       | 61,364  |       |   | 70,144  |   |   | 61,625  |
| Cash      flows on retained interests recorded             |       |         |       |   |         |   |   |   |
|     as      investment securities      |       | 7,027   |       |   | 5,935   |   |   | 4,265  |
|                                                       |       |         |       |   |         |   |   |   |
| Effect      on Revenues from services                      |       |         |       |   |         |   |   |   |
| Net      gain on sale                                      | $          | 1,589   |       | $      | 1,133   |   | $ | 1,805  |
| Change      in fair value of retained interests            |       |         |       |   |         |   |   |   |
|     recorded      in earnings          |       | 291     |       |   |  (113)  |   |   | (102) |
| Other-than-temporary      impairments                      |       |  (133)  |       |   |  (330)  |   |   |  (114) |
|                                                       |       |         |       |   |         |   |   |   |

----

| ·   | Credit support. We have      provided $6,902 million of credit support on behalf of certain customers      or associated companies, predominantly joint ventures and partnerships,      using arrangements such as standby letters of credit and performance      guarantees. These arrangements enable these customers and associated      companies to execute transactions or obtain desired financing arrangements      with third parties. Should the customer or associated company fail to      perform under the terms of the transaction or financing arrangement, we      would be required to perform on their behalf. Under most such      arrangements, our guarantee is secured, usually by the asset being      purchased or financed, or possibly by certain other assets of the customer      or associated company. The length of these credit support arrangements      parallels the length of the related financing arrangements or      transactions. The liability for such credit support was $38 million for      December 31, 2009. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Indemnification      agreements. These are agreements that require us to fund up to $101      million under residual value guarantees on a variety of leased equipment.      Under most of our residual value guarantees, our commitment is secured by      the leased asset at December 31, 2009. The liability for these      indemnification agreements was $20 million at December 31, 2009. We had      $1,493 million of other indemnification commitments arising primarily from      sales of businesses or assets. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Contingent      consideration. These are agreements to provide additional      consideration in a business combination to the seller if contractually      specified conditions related to the acquired entity are achieved. At      December 31, 2009, we had total maximum exposure for future estimated      payments of $7 million, of which none was earned and    payable. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | In      connection with the sale of GE Money Japan, we reduced the proceeds on the      sale for estimated interest refund claims in excess of the statutory      interest rate. Proceeds from the sale may be increased or decreased based      on the actual claims experienced in accordance with terms specified in the      agreement, and will not be adjusted unless total claims as calculated      under the terms of the agreement exceed approximately $3,000 million.      During the second quarter of 2009, we accrued $132 million, which      represents the amount by which we expect claims to exceed those levels and      is based on our historical and recent claims experience and the estimated      future requests, taking into consideration the ability and likelihood of      customers to make claims and other industry risk factors. Uncertainties      around the status of laws and regulations and lack of certain information      related to the individual customers make it difficult to develop a      meaningful estimate of the aggregate possible claims exposure. We will      continue to review our estimated exposure quarterly, and make adjustments      when required. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                   |   | 2009     |   |   | 2008     |   |   | 2007     |
|------------------------------------------------------------------------|--------|---------------|--------|--------|---------------|--------|--------|---------------|
| December      31 (In millions)                                         |   |          |   |   |          |   |   |          |
|                                                                   |   |          |   |   |          |   |   |          |
| All      other operating activities                                    |   |          |   |   |          |   |   |          |
| Net      change in other assets                                        | $      | (330)         |   | $      | (1,461)       |   | $      | (1,507)       |
| Amortization      of intangible assets                                 |   | 922      |   |   | 994      |   |   | 879      |
| Realized      losses (gains) on investment securities                  |   | 473      |   |   | 1,260    |   |   | (885)         |
| Cash      collateral on derivative contracts                           |   | (6,858)       |   |   | 7,769    |   |   | –  |
| Change      in other liabilities                                       |   | (5,078)       |   |   | (3,255)       |   |   | 3,378    |
| Other                                                                  |   | 217      |   |   | 3,201    |   |   | (2,404)       |
|                                                                   | $      | (10,654)      |   | $      | 8,508    |   | $      | (539)         |
|                                                                   |   |          |   |   |          |   |   |          |
| Net      decrease (increase) in financing receivables                  |   |          |   |   |          |   |   |          |
| Increase      in loans to customers                                    | $      | (279,211)     |   | $      | (411,913)     |   | $      | (408,611)     |
| Principal      collections from customers - loans                      |   | 285,175  |   |   | 363,455  |   |   | 322,074  |
| Investment      in equipment for financing leases                      |   | (9,509)       |   |   | (21,671)      |   |   | (26,489)      |
| Principal      collections from customers - financing leases           |   | 17,450   |   |   | 20,159   |   |   | 20,868   |
| Net      change in credit card receivables                             |   | (28,508)      |   |   | (34,498)      |   |   | (38,405)      |
| Sales      of financing receivables                                    |   | 58,555   |   |   | 67,093   |   |   | 86,399   |
|                                                                   | $      | 43,952   |   | $      | (17,375)      |   | $      | (44,164)      |
|                                                                   |   |          |   |   |          |   |   |          |
| All      other investing activities                                    |   |          |   |   |          |   |   |          |
| Purchases      of securities by insurance activities                   | $      | (3,106)       |   | $      | (4,190)       |   | $      | (13,279)      |
| Dispositions      and maturities of securities by insurance activities |   | 3,962    |   |   | 4,690    |   |   | 15,602   |
| Other      assets - investments                                        |   | (288)         |   |   | (205)         |   |   | (10,218)      |
| Change      in other receivables                                       |   | 791      |   |   | 3,331    |   |   | (2,456)       |
| Other                                                                  |   | (3,045)       |   |   | 2,353    |   |   | 1,621    |
|                                                                   | $      | (1,686)       |   | $      | 5,979    |   | $      | (8,730)       |
|                                                                   |   |          |   |   |          |   |   |          |
| Newly      issued debt having maturities longer than 90 days           |   |          |   |   |          |   |   |          |
| Short-term      (91 to 365 days)                                       | $      | 5,801    |   | $      | 34,445   |   | $      | 1,226    |
| Long-term      (longer than one year)                                  |   | 75,337   |   |   | 81,559   |   |   | 90,428   |
| Proceeds      - nonrecourse, leveraged lease                           |   | 48       |   |   | 113      |   |   | 24       |
|                                                                   | $      | 81,186   |   | $      | 116,117  |   | $      | 91,678   |
|                                                                   |   |          |   |   |          |   |   |          |
| Repayments      and other reductions of debt having maturities         |   |          |   |   |          |   |   |          |
|     longer      than 90 days                       |   |          |   |   |          |   |   |          |
| Short-term      (91 to 365 days)                                       | $      | (77,444)      |   | $      | (66,015)      |   | $      | (43,937)      |
| Long-term      (longer than one year)                                  |   | (5,379)       |   |   | (462)         |   |   | (4,530)       |
| Principal      payments - nonrecourse, leveraged lease                 |   | (680)         |   |   | (637)         |   |   | (1,109)       |
|                                                                   | $      | (83,503)      |   | $      | (67,114)      |   | $      | (49,576)      |
|                                                                   |   |          |   |   |          |   |   |          |
| All      other financing activities                                    |   |          |   |   |          |   |   |          |
| Proceeds      from sales of investment contracts                       | $      | 7,840    |   | $      | 11,433   |   | $      | 12,641   |
| Redemption      of investment contracts                                |   | (10,713)      |   |   | (13,304)      |   |   | (13,862)      |
| Other                                                                  |   | 182      |   |   | 9        |   |   | 17       |
|                                                                   | $      | (2,691)       |   | $      | (1,862)       |   | $      | (1,204)       |

----

|                                          | Total      revenues |               | Intersegment      revenues(a) |   | External      revenues |
|-----------------------------------------------|---------------------|--------------------|-------------------------------|--------|------------------------|
| (In      millions)                            | 2009           |               | 2008                     |   | 2007              |   | 2009  |   | 2008  |   | 2007  |   | 2009  |   | 2008  |   | 2007  |
|                                          |                |               |                          |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CLL                                           | $                   |  20,523  |                          | $      |  26,443      |   | $ |  26,982  |   | $ |  47  |   | $ |  66  |   | $ |  94  |   | $ |  20,476  |   | $ |  26,377  |   | $ |  26,888  |
| Consumer                                      |                |  19,268  |                          |   |  25,311      |   |   |  25,054  |   |   |  13  |   |   |  39  |   |   |  9  |   |   |  19,255  |   |   |  25,272  |   |   |  25,045  |
| Real      Estate                              |                |  4,009   |                          |   |  6,646       |   |   |  7,021  |   |   |  12  |   |   |  12  |   |   |  19  |   |   |  3,997  |   |   |  6,634  |   |   |  7,002  |
| Energy      Financial                         |                |               |                          |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Services              |                |  2,117   |                          |   |  3,707       |   |   |  2,405  |   |   |  1  |   |   |  – |   |   |  – |   |   |  2,116  |   |   |  3,707  |   |   |  2,405  |
| GECAS                                         |                |  4,705   |                          |   |  4,901       |   |   |  4,839  |   |   |  – |   |   |  – |   |   |  – |   |   |  4,705  |   |   |  4,901  |   |   |  4,839  |
| GECS      corporate items                     |                |               |                          |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     and      eliminations |                |  3,541   |                          |   |  4,279       |   |   |  5,635  |   |   |  (73) |   |   |  (117) |   |   |  (122) |   |   |  3,614  |   |   |  4,396  |   |   |  5,757  |
| Total                                         | $                   |  54,163  |                          | $      |  71,287      |   | $ |  71,936  |   | $ |  – |   | $ |  – |   | $ |  – |   | $ |  54,163  |   | $ |  71,287  |   | $ |  71,936  |
|                                          |                |               |                          |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |                |               |                          |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| (a) | Sales      from one component to another generally are priced at equivalent      commercial selling prices. |
|-----|-------------------------------------------------------------------------------------------------------------|

----

|                                          | Depreciation      and amortization   |               | Provision      (benefit) for |
|-----------------------------------------------|--------------------------------------|--------------------|------------------------------|
|                                          | For      the years ended December 31 |               | income      taxes            |
| (In      million)                             | 2009                            |               | 2008                    |   | 2007  |   | 2009  |   | 2008  |   | 2007  |
|                                          |                                 |               |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CLL                                           | $                                    |  5,971   |                         | $ |  7,080  |   | $ |  6,105  |   | $ |  (536) |   | $ |  (283) |   | $ |  171  |
| Consumer                                      |                                 |  397     |                         |   |  550  |   |   |  483  |   |   |  (1,273) |   |   |  (1,446) |   |   |  534  |
| Real      Estate                              |                                 |  919     |                         |   |  930  |   |   |  709  |   |   |  (1,323) |   |   |  (394) |   |   |  270  |
| Energy      Financial Services                |                                 |  173     |                         |   |  156  |   |   |  78  |   |   |  (177) |   |   |  107  |   |   |  187  |
| GECAS                                         |                                 |  1,721   |                         |   |  1,522  |   |   |  1,489  |   |   |  (8) |   |   |  102  |   |   |  63  |
| GECS      corporate items                     |                                 |               |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     and      eliminations |                                 |  64      |                         |   |  84  |   |   |  128  |   |   |  (512) |   |   |  (461) |   |   |  136  |
| Total                                         | $                                    |  9,245   |                         | $ |  10,322  |   | $ |  8,992  |   | $ |  (3,829) |   | $ |  (2,375) |   | $ |  1,361  |
|                                          |                                 |               |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |                                 |               |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          | Interest      on loans(a)            |               | Interest      expense(b)     |
| (In      million)                             | 2009                            |               | 2008                    |   | 2007  |   | 2009  |   | 2008  |   | 2007  |
|                                          |                                 |               |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| CLL                                           | $                                    |  5,779   |                         | $ |  7,341  |   | $ |  6,420  |   | $ |  6,558  |   | $ |  9,007  |   | $ |  8,464  |
| Consumer                                      |                                 |  11,411  |                         |   |  16,104  |   |   |  14,313  |   |   |  6,201  |   |   |  10,163  |   |   |  9,064  |
| Real      Estate                              |                                 |  2,099   |                         |   |  2,598  |   |   |  1,802  |   |   |  2,919  |   |   |  3,568  |   |   |  2,685  |
| Energy      Financial Services                |                                 |  240     |                         |   |  351  |   |   |  252  |   |   |  743  |   |   |  765  |   |   |  695  |
| GECAS                                         |                                 |  389     |                         |   |  486  |   |   |  502  |   |   |  1,453  |   |   |  1,591  |   |   |  1,703  |
| GECS      corporate items                     |                                 |               |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     and      eliminations |                                 |  162     |                         |   |  229  |   |   |  310  |   |   |  68  |   |   |  22  |   |   |  95  |
| Total                                         | $                                    |  20,080  |                         | $ |  27,109  |   | $ |  23,599  |   | $ |  17,942  |   | $ |  25,116  |   | $ |  22,706  |
|                                          |                                 |               |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |                                 |               |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| (a) | Represents      one component of Revenues from services, see Note  12. |
|-----|------------------------------------------------------------------------|

| (b) | Represents      total interest expense, see Statement of  Earnings. |
|-----|---------------------------------------------------------------------|

|                                          |                |                |                                 |   |                |   |       |                |       | Property,      plant and equipment |
|-----------------------------------------------|---------------------|---------------------|--------------------------------------|--------|---------------------|--------|------------|---------------------|------------|------------------------------------|
|                                          | Assets(a)(b)(c)     |                | additions(d)                         |
|                                          | At      December 31 |                | For      the years ended December 31 |
| (In      million)                             | 2009           |                | 2008                            |   | 2007           |   | 2009  |                | 2008  |                               | 2007  |
|                                          |                |                |                                 |   |                |   |       |                |       |                               |   |   |   |   |   |   |   |
| CLL                                           | $                   |  205,827  |                                 | $      |  228,176  |   | $          |  224,512  |       | $                                  |  3,022  |   | $ |  10,955  |   | $ |  12,993  |
| Consumer                                      |                |  176,046  |                                 |   |  187,927  |   |       |  214,274  |       |                               |  146  |   |   |  251  |   |   |  213  |
| Real      Estate                              |                |  81,505   |                                 |   |  85,266   |   |       |  79,285   |       |                               |  5  |   |   |  6  |   |   |  26  |
| Energy      Financial Services                |                |  22,616   |                                 |   |  22,079   |   |       |  18,705   |       |                               |  191  |   |   |  944  |   |   |  1,273  |
| GECAS                                         |                |  51,066   |                                 |   |  49,455   |   |       |  47,189   |       |                               |  3,062  |   |   |  3,157  |   |   |  3,327  |
| GECS      corporate items                     |                |                |                                 |   |                |   |       |                |       |                               |   |   |   |   |   |   |   |
|     and      eliminations |                |  113,181  |                                 |   |  87,999   |   |       |  62,520   |       |                               |  17  |   |   |  13  |   |   |  8  |
| Total                                         | $                   |  650,241  |                                 | $      |  660,902  |   | $          |  646,485  |       | $                                  |  6,443  |   | $ |  15,326  |   | $ |  17,840  |
|                                          |                |                |                                 |   |                |   |       |                |       |                               |   |   |   |   |   |   |   |
|                                          |                |                |                                 |   |                |   |       |                |       |                               |   |   |   |   |   |   |   |

| (a) | Assets      of discontinued operations are included in GECS corporate items and      eliminations for all periodspresented. |
|-----|-----------------------------------------------------------------------------------------------------------------------------|

| (b)   | Total      assets of the CLL, Consumer, Energy Financial Services and GECAS operating      segments at December 31, 2009, include investment in and advances to      associated companies of $7,491 million, $10,299 million, $6,806 million      and $778 million, respectively. Investments in and advances to associated      companies contributed approximately $56 million, $794 million, $173      million and $36 million, respectively, to segment pre-tax income for the      year ended December 31, 2009. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Aggregate      summarized financial information for significant associated companies      assuming a 100% ownership interest included total assets in 2009 and 2008      of $137,075 million and $141,902 million, respectively.  Assets      were primarily financing receivables of $82,873 million in 2009 and      $86,341 in 2008.  Total liabilities in 2009 and 2008 were      $118,708 million and $119,631 million, respectively, consisted primarily      of bank deposits of $69,573 million in 2009 and $65,822 million in 2008      and debt of $48,677 million in 2009 and $43,003 million in      2008.  Revenues in 2009, 2008, and 2007 totaled $17,579 million,      $12,596 million, $5,381 million, respectively, and net earnings in 2009,      2008 and 2007 totaled $3,429 million, $2,642 million $1,298 million,      respectively. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) | Additions      to property, plant and equipment include amounts relating to principal      businesses purchased. |
|-----|------------------------------------------------------------------------------------------------------------------|

----

|                                                        | First      quarter |               | Second      quarter |   | Third      quarter |   | Fourth      quarter |
|-------------------------------------------------------------|--------------------|--------------------|---------------------|--------|--------------------|--------|---------------------|
| (In      millions)                                          | 2009          |               | 2008           |   | 2009          |   | 2008           |   | 2009  |   | 2008  |   | 2009  |   | 2008  |
|                                                        |               |               |                |   |               |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      revenues                                         | $                  |  14,457  |                | $      |  18,038  |   | $                   |  13,457  |   | $ |  19,032  |   | $ |  12,746  |   | $ |  18,431  |   | $ |  13,503  |   | $ |  15,786  |
| Earnings      (loss) from continuing                        |               |               |                |   |               |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     operations      before income taxes |               |  (126)        |                |   |  2,570   |   |                |  (286) |   |   |  2,904  |   |   |  (997) |   |   |  1,649  |   |   |  (799) |   |   |  (1,493) |
| Benefit      (provision) for income taxes                   |               |  1,151   |                |   |  (83)         |   |                |  670  |   |   |  (73) |   |   |  1,138  |   |   |  457  |   |   |  870  |   |   |  2,074  |
| Earnings      from continuing operations                    |               |  1,025   |                |   |  2,487   |   |                |  384  |   |   |  2,831  |   |   |  141  |   |   |  2,106  |   |   |  71  |   |   |  581  |
| Loss      from discontinued operations,                     |               |               |                |   |               |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     net      of taxes                   |               |  (4)          |                |   |  (61)         |   |                |  (193) |   |   |  (337) |   |   |  40  |   |   |  (170) |   |   |  (18) |   |   |  (151) |
| Net      earnings                                           |               |  1,021   |                |   |  2,426   |   |                |  191  |   |   |  2,494  |   |   |  181  |   |   |  1,936  |   |   |  53  |   |   |  430  |
| Less      net earnings attributable to                      |               |               |                |   |               |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     noncontrolling      interests       |               |  46      |                |   |  31      |   |                |  17  |   |   |  57  |   |   |  8  |   |   |  96  |   |   |  (40) |   |   |  47  |
| Net      earnings attributable to GECS                      | $                  |  975     |                | $      |  2,395   |   | $                   |  174  |   | $ |  2,437  |   | $ |  173  |   | $ |  1,840  |   | $ |  93  |   | $ |  383  |
|                                                        |               |               |                |   |               |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| (In      millions)      |   | 2009  |            | 2008  |
|-------------------------|--------|------------|-----------------|------------|
|                    |   |       |            |       |   |   |
| Type      of fees       |   |       |            |       |   |   |
| Audit      fees         |   | $          | 37.8       |       | $ | 37.2  |
| Audit-related      fees |   |       | 4.6        |       |   |  10.0  |
| Tax      fees           |   |       |  6.0  |       |   | 4.9  |
| Total                   |   | $          | 48.4       |       | $ | 52.1  |

| (a) 1. | Financial      Statements                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-------------|------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |
|        | Included      in Part II of this report: |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|        |                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|        |                                     | Report      of Independent Registered Public Accounting FirmManagement’s      Annual Report on Internal Control over Financial ReportingStatement      of Earnings for each of the years in the three-year period ended December      31, 2009Statement      of Changes in Shareowner’s Equity for each of the years in the three-year      period endedDecember 31, 2009Statement      of Financial Position at December 31, 2009 and 2008Statement      of Cash Flows for each of the years in the three-year period ended      December 31, 2009Notes      to Consolidated Financial Statements |   |
|        |                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |
|        | Incorporated      by reference:          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|        |                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |
|        |                                     | The      consolidated financial statements of General Electric Company, set forth      in the Annual Report on Form 10-K of General Electric Company (S.E.C. File      No. 001-00035) for the year ended December 31, 2009 (pages 25 through      167), Exhibit 12(a) (Computation of Ratio of Earnings to Fixed Charges)      and Exhibit 12(b) (Computation of Ratio of Earnings to Combined Fixed      Charges and Preferred Stock Dividends) of General Electric      Company.                                                                                                                             |   |
|        |                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |
| (a) 2. | Financial      Statement Schedules       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|        |                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |
|        | Schedule      I                          | Condensed      financial information of registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
|        |                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|        |                                     | All      other schedules are omitted because of the absence of conditions under      which they are required or because the required information is shown in      the financial statements or notes thereto.                                                                                                                                                                                                                                                                                                                                                                                                   |   |
|        |                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |

----

| (a) 3. | Exhibit      Index                                                                                                                                                                               |   |
|-------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | The      exhibits listed below, as part of Form 10-K, are numbered in conformity      with the numbering used in Item 601 of Regulation S-K of the U.S.      Securities and Exchange Commission. |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | ExhibitNumber                                                                                                                                                                                    |   | Description |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 3(i)                                                                                                                                                                                             |   | A      complete copy of the Certificate of Incorporation of GECS as last amended      on April 1, 2008, and currently in effect, consisting of the following:      (a) the Certificate of Incorporation of GECS as in effect immediately      prior to the filing of a Certificate of Amendment on July 22, 1999      (Incorporated by reference to Exhibit 3(i) of the GECS’ Form 10-K Report      for the year ended December 31, 1993); (b) a Certificate of Amendment      filed with the Office of the Secretary of State, State of Delaware on July      22, 1999 (Incorporated by reference to Exhibit 3(i) of GECS’ Form 10-Q      Report for the quarterly period ended June 26, 1999); and (c) a      Certificate of Correction to the Certificate of Amendment date July 22,      1999 filed with the Office of the Secretary of State, State of Delaware on      April 1, 2008 (Incorporated by reference to Exhibit 3(i) of GECS Form 10-Q      Report for the quarterly period ended March 31, 2008 (Commission file      number 000-14804)). |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 3(ii)                                                                                                                                                                                            |   | A      complete copy of the Amended and Restated By-Laws of GECS as last amended      on February 21, 2008, and currently in effect (Incorporated by reference      to Exhibit 3(ii) of GECS’ Form 10-Q Report for the quarterly period ended      March 31, 2008 (Commission file number 000-14804)). |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 4(a)                                                                                                                                                                                             |   | Amended      and Restated General Electric Capital Corporation (GECC) Standard Global      Multiple Series Indenture Provisions dated as of February 27, 1997      (Incorporated by reference to Exhibit 4(a) to GECC’s Registration      Statement on Form S-3, File No. 333-59707 (Commission file number      001-06461)). |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 4(b)                                                                                                                                                                                             |   | Third      Amended and Restated Indenture dated as of February 27, 1997, between GECC      and The Bank of New York, as successor trustee (Incorporated by reference      to Exhibit 4(c) to GECC’s Registration Statement on Form S-3, File No.      333-59707 (Commission file number 001-06461)). |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 4(c)                                                                                                                                                                                             |   | First      Supplemental Indenture dated as of May 3, 1999, supplemental to Third      Amended and Restated Indenture dated as of February 27, 1997 (Incorporated      by reference to Exhibit 4(dd) to GECC’s Post-Effective Amendment No. 1 to      Registration Statement on Form S-3, File No. 333-76479 (Commission file      number 001-06461)). |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 4(d)                                                                                                                                                                                             |   | Second      Supplemental Indenture dated as of July 2, 2001, supplemental to Third      Amended and Restated Indenture dated as of February 27, 1997 (Incorporated      by reference to Exhibit 4(f) to GECC’s Post-Effective Amendment No. 1 to      Registration Statement on Form S-3, File No. 333-40880 (Commission file      number 001-06461)). |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 4(e)                                                                                                                                                                                             |   | Third      Supplemental Indenture dated as of November 22, 2002, supplemental to      Third Amended and Restated Indenture dated as of February 27, 1997      (Incorporated by reference to Exhibit 4(cc) to GECC’s Post-Effective      Amendment No. 1 to Registration Statement on Form S-3, File No. 333-100527      (Commission file number 001-06461)). |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 4(f)                                                                                                                                                                                             |   | Fourth      Supplemental Indenture dated as of August 24, 2007, supplemental to Third      Amended and Restated Indenture dated as of February 27, 1997 (Incorporated      by reference to Exhibit 4(g) to GECC’s Registration Statement on Form S-3,      File No. 333-156929 (Commission file number 001-06461)). |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 4(g)                                                                                                                                                                                             |   | Fifth      Supplemental Indenture dated as of December 2, 2008, supplemental to Third      Amended and Restated Indenture dated as of February 27, 1997 (Incorporated      by reference to Exhibit 4(h) to GECC’s Registration Statement on Form S-3,      File No. 333-156929 (Commission file number 001-06461)). |   |
|        |                                                                                                                                                                                             |   |   |   |   |   |   |   |
|        | 4(h)                                                                                                                                                                                             |   | Sixth      Supplemental Indenture dated as of April 2, 2009, supplemental to Third      Amended and Restated Indenture dated as of February 27, 1997 (Incorporated      by reference to Exhibit 4(h) to GECC’s Annual Report on Form 10-K for the      fiscal year ended December 31, 2009 (Commission file number      001-06461). |   |

----

|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|--------|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|
|   | 4(i)   |   | Eighth      Amended and Restated Fiscal and Paying Agency Agreement among GECC, GE      Capital Australia Funding Pty Ltd, GE Capital European Funding, GE Capital      Canada Funding Company, GE Capital UK Funding and The Bank of New York, as      fiscal and paying agent, dated as of May 12, 2006 (Incorporated by      reference to Exhibit 4(q) to GECC’s Registration Statement on Form S-3,      File No. 333-156929 (Commission file number 001-06461)).                                                                                                                                                                                    |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(j)   |   | Form      of GECC Global Medium-Term Note, Series A, Fixed Rate Registered Note      (Incorporated by reference to Exhibit 4(r) to GECC’s Registration      Statement on Form S-3, File No. 333-156929 (Commission file number      001-06461)).                                                                                                                                                                                                                                                                                                                                                                                                         |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(k)   |   | Form      of GECC Global Medium-Term Note, Series A, Floating Rate Registered Note      (Incorporated by reference to Exhibit 4(s) to GECC’s Registration      Statement on Form S-3, File No. 333-156929 (Commission file number      001-06461)).                                                                                                                                                                                                                                                                                                                                                                                                      |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(l)   |   | Form      of Global Medium-Term Note, Series G, Fixed Rate DTC Registered Note      (Incorporated by reference to Exhibit 4(bb) to GECC’s Registration      Statement on Form S-3, File No. 333-156929 (Commission file number      001-06461)).                                                                                                                                                                                                                                                                                                                                                                                                         |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | 4(m)   |   | Form      of Global Medium-Term Note, Series G, Floating Rate DTC Registered Note      (Incorporated by reference to Exhibit 4(cc) to GECC’s Registration      Statement on Form S-3, File No. 333-156929 (Commission file number      001-06461)).                                                                                                                                                                                                                                                                                                                                                                                                      |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | 4(n)   |   | Form      of GE Capital Fixed Rate InterNote (Incorporated by reference to Exhibit      4(pp) to GECC’s Registration Statement on Form S-3, File No. 333-156929      (Commission file number 001-06461)).                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   | 4(o)   |   | Form      of Euro Medium-Term Note and Debt Security – Permanent Global Fixed Rate      Bearer Note (Incorporated by reference to Exhibit 4(i) to GECS’ Form 10-K      Report for the year ended December 31, 2006 (Commission file number      000-14804)).                                                                                                                                                                                                                                                                                                                                                                                       |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(p)   |   | Form      of Euro Medium-Term Note and Debt Security – Permanent Global Floating      Rate Bearer Note (Incorporated by reference to Exhibit 4(j) to GECS’ Form      10-K Report for the year ended December 31, 2006 (Commission file number      000-14804)).                                                                                                                                                                                                                                                                                                                                                                                    |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(q)   |   | Form      of Euro Medium-Term Note and Debt Security – Temporary Global Fixed Rate      Bearer Note (Incorporated by reference to Exhibit 4(k) to GECS’ Form 10-K      Report for the year ended December 31, 2006 (Commission file number      000-14804)).                                                                                                                                                                                                                                                                                                                                                                                       |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(r)   |   | Form      of Euro Medium-Term Note and Debt Security – Temporary Global Floating      Rate Bearer Note (Incorporated by reference to Exhibit 4(l) to GECS’ Form      10-K Report for the year ended December 31, 2006 (Commission file number      000-14804)).                                                                                                                                                                                                                                                                                                                                                                                    |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(s)   |   | Form      of Euro Medium-Term Note and Debt Security – Definitive Fixed Rate Bearer      Note (Incorporated by reference to Exhibit 4(m) to GECS’ Form 10-K Report      for the year ended December 31, 2006 (Commission file number      000-14804)).                                                                                                                                                                                                                                                                                                                                                                                             |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(t)   |   | Form      of Euro Medium-Term Note and Debt Security – Definitive Floating Rate      Bearer Note (Incorporated by reference to Exhibit 4(n) to GECS’ Form 10-K      Report for the year ended December 31, 2006 (Commission file number      000-14804)).                                                                                                                                                                                                                                                                                                                                                                                          |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(u)   |   | Master      Agreement, Temporary Liquidity Guarantee Program dated December 1, 2008      between GECC and Federal Deposit Insurance Corporation (Incorporated by      reference to Exhibit 4(oo) to GECC’s Registration Statement on Form S-3,      File No. 333-156929 (Commission file number 001-06461)).                                                                                                                                                                                                                                                                                                                                             |   |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 4(v)   |   | Letter      from the Senior Vice President and Chief Financial Officer of General      Electric Company to General Electric Capital Corporation (GECC) dated      September 15, 2006, with respect to returning dividends, distributions or      other payments to GECC in certain circumstances described in the Indenture      for Subordinated Debentures dated September 1, 2006, between GECC and the      Bank of New York, as successor trustee (Incorporated by reference to      Exhibit 4(c) to GECC’s Post-Effective Amendment No. 2 to Registration      Statement on Form S-3, File No. 333-132807 (Commission file number      001-06461). |   |

----

|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|--------|--------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|
|   | 4(w)                                                         |   | Agreement      to furnish to the Securities and Exchange Commission upon request a copy      of instruments defining the rights of holders of certain long-term debt of      the registrant and consolidated subsidiaries.*                                                                                                                                                    |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 10(a)                                                        |   | Transaction      Agreement by and between Swiss Reinsurance Company and General Electric      Company dated November 18, 2005 (Incorporated by reference to Exhibit      10(gg) of General Electric Company’s Form 10-K Report for the year ended      December 31, 2005).                                                                                               |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 10(b)                                                        |   | Amended      and Restated Income Maintenance Agreement, dated October 29, 2009, between      General Electric Company and General Electric Capital Corporation      (Incorporated by reference to Exhibit 10(b) to General Electric Capital      Corporation’s Annual Report on Form 10-K for the year ended December 31,      2009 (Commission file number 001-06461)). |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 12(a)                                                        |   | Computation      of Ratio of Earnings to Fixed Charges.*                                                                                                                                                                                                                                                                                                                       |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 12(b)                                                        |   | Computation      of Ratio of Earnings to Combined Fixed Charges and Preferred Stock      Dividends.*                                                                                                                                                                                                                                                                           |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 24                                                           |   | Power      of Attorney.*                                                                                                                                                                                                                                                                                                                                                       |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 31(a)                                                        |   | Certification      Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange      Act of 1934, as amended.*                                                                                                                                                                                                                                                      |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 31(b)                                                        |   | Certification      Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange      Act of 1934, as amended.*                                                                                                                                                                                                                                                      |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 32                                                           |   | Certification      Pursuant to 18 U.S.C. Section 1350.*                                                                                                                                                                                                                                                                                                                        |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 99(a)                                                        |   | The      consolidated financial statements of General Electric Company, set forth      in the Annual Report on Form 10-K of General Electric Company (S.E.C. File      No. 001-00035) for the year ended December 31, 2009, (pages 25 through      167) and Exhibit 12 (Ratio of Earnings to Fixed Charges) of General      Electric Company.                                  |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | 99(b)                                                        |   | Computation      of Ratio of Earnings to Fixed Charges (Incorporated by reference to      Exhibit 12(a) to General Electric Capital Corporation’s Annual Report on      Form 10-K for the year ended December 31, 2009 (Commission file number      001-06461)).                                                                                                         |   |
|   |                                                         |   |                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |
|   | *    Filed      electronically herewith. |

----

| For      the years ended December 31 (In millions)                 | 2009   |         | 2008   |   | 2007               |
|--------------------------------------------------------------------|--------|--------------|--------|--------|--------------------|
|                                                               |   |         |   |   |               |   |   |   |
| Revenues                                                           | $      | 73      |   | $      | 20            |   | $ | 607  |
|                                                               |   |         |   |   |               |   |   |   |
| Expenses                                                           |   |         |   |   |               |   |   |   |
| Interest                                                           |   | 227     |   |   | 377           |   |   | 548  |
| Operating      and administrative                                  |   | 220     |   |   | 199           |   |   | 198  |
|     Total      expenses                        |   | 447     |   |   | 576           |   |   | 746  |
|                                                               |   |         |   |   |               |   |   |   |
| Loss      before income taxes and equity in earnings of affiliates |   | (374)        |   |   | (556)              |   |   | (139) |
| Income      tax benefit (expense)                                  |   | 156     |   |   | 195           |   |   | (119) |
| Equity      in earnings of affiliates                              |   | 1,633   |   |   | 7,416         |   |   | 10,559  |
|                                                               |   |         |   |   |               |   |   |   |
| Net      earnings                                                  |   | 1,415   |   |   | 7,055         |   |   | 10,301  |
| Dividends                                                          |   | (1)          |   |   | (2,351)            |   |   | (7,450) |
| Others(a)                                                          |   | (23)         |   |   | –       |   |   | –  |
| Retained      earnings at January 1(b)                             |   | 43,117  |   |   |  38,351  |   |   | 35,500  |
|                                                               |   |         |   |   |               |   |   |   |
| Retained      earnings at December 31                              | $      | 44,508  |   | $      | 43,055        |   | $ | 38,351  |
|                                                               |   |         |   |   |               |   |   |   |
|                                                               |   |         |   |   |               |   |   |   |
|                                                               |   |         |   |   |               |   |   |   |

| (a)   | Related      to accretion of redeemable securities to their redemption      value. |
|-----------------|------------------------------------------------------------------------------------|

| (b)   | The      2009 opening balance was adjusted as of April 1, 2009, for the cumulative      effect of changes in accounting principles of $62 million related to      adopting amendments on impairment guidance in Accounting Standards      Codification (ASC) 320, Investments  – Debt      and Equity Securities. The cumulative effect of adopting ASC 825,      Financial Instruments,      at January 1, 2008, was insignificant. The 2007 opening balance      change reflects cumulative effect of change in accounting principle of      $(77) million related to adoption of amendments to ASC 740, Income      Taxes. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| See      accompanying notes. |
|------------------------------|

----

| At      December 31 (In millions, except share amounts)                                                                                             | 2009   |            | 2008   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|--------|
|                                                                                                                                                |   |            |   |   |   |
| Assets                                                                                                                                              |   |            |   |   |   |
| Cash      and equivalents                                                                                                                           | $      |  –   |   | $ |  5  |
| Investment      in and advances to affiliates                                                                                                       |   | 78,320     |   |   |  61,205  |
| Other      assets                                                                                                                                   |   | 560        |   |   |  957  |
| Total      assets                                                                                                                                   | $      | 78,880     |   | $ |  62,167  |
|                                                                                                                                                |   |            |   |   |   |
| Liabilities      and equity                                                                                                                         |   |            |   |   |   |
| Borrowings                                                                                                                                          | $      | 6,227      |   | $ |  6,396  |
| Other      liabilities                                                                                                                              |   | 1,320      |   |   |  1,992  |
|     Total      liabilities                                                                                                      |   | 7,547      |   |   |  8,388  |
|                                                                                                                                                |   |            |   |   |   |
| Cumulative      preferred stock, $10,000 par value (80,000 shares                                                                                   |   |            |   |   |   |
|     authorized;      51,000 shares issued and held primarily by                                                                 |   |            |   |   |   |
|       consolidated      affiliates at December 31, 2009 and 2008)                                                     |   |  510  |   |   |  510  |
| Common      stock, $1,000 par value (1,260 shares authorized at                                                                                     |   |            |   |   |   |
|     December      31, 2009 and 2008, and 1,062 shares                                                                           |   |            |   |   |   |
|             issued      and outstanding at December 31, 2009 and 2008,    respectively) |   | 1          |   |   |  1  |
| Accumulated      gains (losses) - net                                                                                                               |   |            |   |   |   |
|     Investment      securities                                                                                                  |   | (436)           |   |   |  (3,097) |
|     Currency      translation adjustments                                                                                       |   | 1,372      |   |   |  (1,258) |
|     Cash      flow hedges                                                                                                       |   | (1,769)         |   |   |  (3,134) |
|     Benefit      plans                                                                                                          |   | (434)           |   |   |  (367) |
| Additional      paid-in capital                                                                                                                     |   | 27,581     |   |   |  18,069  |
| Retained      earnings                                                                                                                              |   | 44,508     |   |   |  43,055  |
|     Total      shareowner's equity                                                                                              |   | 71,333     |   |   |  53,779  |
| Total      liabilities and equity                                                                                                                   | $      | 78,880     |   | $ |  62,167  |
|                                                                                                                                                |   |            |   |   |   |
|                                                                                                                                                |   |            |   |   |   |

----

| For      the years ended December 31 (In millions)                   | 2009   |              | 2008   |   | 2007              |
|----------------------------------------------------------------------|--------|-------------------|--------|--------|-------------------|
|                                                                 |   |              |   |   |              |   |   |   |
| Cash      from (used for) operating activities                       | $      |  (255)       |   | $      |  2,925  |   | $ |  8,640  |
| Cash      flows - investing activities                               |   |              |   |   |              |   |   |   |
| Decrease      (increase) in investment in and advances to affiliates |   |  (10,303)    |   |   |  (3,555)     |   |   |  (2,354) |
| Net      decrease (increase) in other assets                         |   |  1,222  |   |   |  (2,628)     |   |   |  1,969  |
|                                                                 |   |              |   |   |              |   |   |   |
| Cash      used for investing activities                              |   |  (9,081)     |   |   |  (6,183)     |   |   |  (385) |
|                                                                 |   |              |   |   |              |   |   |   |
| Cash      flows - financing activities                               |   |              |   |   |              |   |   |   |
| Net      decrease in borrowings                                      |   |  (169)       |   |   |  (94)        |   |   |  (1,804) |
| Dividends      paid to shareowner                                    |   |  –     |   |   |  (2,351)     |   |   |  (7,291) |
| Capital      contributions from GE                                   |   |  9,500  |   |   |  5,500  |   |   |  – |
| Other                                                                |   |  –     |   |   |  9      |   |   |  17  |
|                                                                 |   |              |   |   |              |   |   |   |
| Cash      from (used for) financing activities                       |   |  9,331  |   |   |  3,064  |   |   |  (9,078) |
|                                                                 |   |              |   |   |              |   |   |   |
| Increase      (decrease) in cash and equivalents during year         |   |  (5)         |   |   |  (194)       |   |   |  (823) |
| Cash      and equivalents at beginning of year                       |   |  5      |   |   |  199    |   |   |  1,022  |
| Cash      and equivalents at end of year                             | $      |  –     |   | $      |  5      |   | $ |  199  |
|                                                                 |   |              |   |   |              |   |   |   |
|                                                                 |   |              |   |   |              |   |   |   |
|                                                                 |   |              |   |   |              |   |   |   |

----

----

|                   |   | General      Electric Capital Services, Inc. |
|------------------------|--------|----------------------------------------------|
|                   |   |                                         |
| February      19, 2010 |   | By: /s/      Jeffrey R. Immelt          |   |
|                   |   | Jeffrey      R. Immelt                       |
|                   |   | Chief      Executive Officer                 |

----

| Signature                                 |                                 | Title                                     |                               | Date                   |   |
|-------------------------------------------|--------------------------------------|-------------------------------------------|------------------------------------|------------------------|--------|
|                                      |                                 |                                      |                               |                   |   |
| /s/      Jeffrey R. Immelt                |                                 | Chief      Executive Officer              |                               | February      19, 2010 |   |
| Jeffrey      R. Immelt                    |                                 | (Principal      Executive Officer)        |                               |                   |   |
|                                      |                                 |                                      |                               |                   |   |
| /s/      Keith S. Sherin                  |                                 | Chief      Financial Officer              |                               | February      19, 2010 |   |
| Keith      S. Sherin                      |                                 | (Principal      Financial Officer)        |                               |                   |   |
|                                      |                                 |                                      |                               |                   |   |
| /s/      Jamie S. Miller                  |                                 | Senior      Vice President and Controller |                               | February      19, 2010 |   |
| Jamie      S. Miller                      |                                 | (Principal      Accounting Officer)       |                               |                   |   |
|                                      |                                 |                                      |                               |                   |   |
|                                      |                                 |                                      |                               |                   |   |
| JEFFREY      S. BORNSTEIN*                |                                 | Director                                  |                               |                   |   |
| WILLIAM      H. CARY*                     |                                 | Director                                  |                               |                   |   |
| KATHRYN      A. CASSIDY*                  |                                 | Director                                  |                               |                   |   |
| JAMES      A. COLICA*                     |                                 | Director                                  |                               |                   |   |
| PAMELA      DALEY*                        |                                 | Director                                  |                               |                   |   |
| RICHARD      D’AVINO*               |                                 | Director                                  |                               |                   |   |
| BRACKETT      B. DENNISTON*               |                                 | Director                                  |                               |                   |   |
| JEFFREY      R. IMMELT*                   |                                 | Director                                  |                               |                   |   |
| MARK      KRAKOWIAK*                      |                                 | Director                                  |                               |                   |   |
| JOHN      KRENICKI, JR.*                  |                                 | Director                                  |                               |                   |   |
| J.      KEITH MORGAN*                     |                                 | Director                                  |                               |                   |   |
| MICHAEL      A. NEAL*                     |                                 | Director                                  |                               |                   |   |
| RONALD      R. PRESSMAN*                  |                                 | Director                                  |                               |                   |   |
| JOHN      G. RICE*                        |                                 | Director                                  |                               |                   |   |
| JOHN      M. SAMUELS*                     |                                 | Director                                  |                               |                   |   |
| KEITH      S. SHERIN*                     |                                 | Director                                  |                               |                   |   |
|                                      |                                 |                                      |                               |                   |   |
| A      MAJORITY OF THE BOARD OF DIRECTORS |                                 |                                      |                               |
|                                      |                                 |                                      |                               |                   |   |
| *By:                                      | /s/      Jamie S. Miller             |                                      |        February      19, 2010 |
|                                      | Jamie      S. MillerAttorney-in-fact |                                      |                               |                   |

----