Moody 's said that GECC has capably responded to the challenges of the current credit market environment with a number of liquidity and capital strengthening initiatives , including reducing its reliance on commercial paper to $ 50 billion from a peak of $ 102 billion as recently as March 31 , 2008 ( including $ 6 billion at GECC 's immediate parent , General Electric Capital Services , GECS ) , increasing coverage from back-up bank lines to 100 % , and reducing its total assets by the end of 2010 by $ 50-60 billion ( 8-9 % ) .