GE 2005 Annual Report Download - page 101

Download and view the complete annual report

Please find page 101 of the 2005 GE annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 164

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

(101)
AVAILABLE-FOR-SALE SECURITIES
2005 2004
December 31 (In millions)
Amortized
cost
Gross
unrealized
gains
Gross
unrealized
losses
Estimated
fai
r
value
Amortized
cos
t
Gross
unrealized
Gains
Gross
unrealized
losses
Estimated
fair
value
GE
Debt-U.S. corporate $ 307
$ 2 $ – $ 309 $ 350 $ – $
–
$ 350
Equity 26
131 (5) 152 58 8 (3) 63
GE available-for-sale securities 333
133 (5) 461 408 8 (3) 413
GECS
Debt:
U.S. corporate 20,578
1,317 (339) 21,556 22,703 1,596 (362) 23,937
State and municipal 810
47 (2 ) 855 802 63
–
865
Mortgage-backed(a) 5,677
44 (56) 5,665 5,983 78 (25) 6,036
Asset-backed 8,434
205 (19) 8,620 7,610 251 (46) 7,815
Corporate-non-U.S. 4,796
404 (11) 5,189 5,309 405 (7) 5,707
Government-non-U.S. 694
92 – 786 1,423 100
–
1,523
U.S. government and
federal agency 803
61 (5 ) 859 759 59 (1) 817
Equity 838
229 (33) 1,034 1,194 314 (15) 1,493
GECS available-for-sale
securities 42,630
2,399 (465) 44,564 (b) 45,783 2,866 (456) 48,193(b)
ELIMINATIONS (17 ) (6) – (23 ) (17) (12 )
–
(29)
Total $ 42,946
$ 2,526 $ (470) $ 45,002 $ 46,174 $ 2,862 $ (459) $ 48,577
(a) Substantially collateralized by U.S. residential mortgages.
(b) Included $16 million in 2005 and $684 million in 2004 of debt securities related to consolidated, liquidating securitization entities. See
note 28.