GENERAL ELECTRIC CO | 2013 | FY | 3


Intangible Assets Subject to Amortization         
  
 2013 2012
  Gross        Gross      
 carrying Accumulated   carrying Accumulated  
December 31 (In millions)amount amortization Net amount amortization Net
                  
Customer-related$ 7,938 $ (2,312) $ 5,626 $ 6,977 $ (2,156) $ 4,821
Patents and technology  6,602   (2,621)   3,981   5,432   (2,406)   3,026
Capitalized software  8,256   (5,252)   3,004   7,514   (4,673)   2,841
Trademarks  1,356   (295)   1,061   995   (239)   756
Lease valuations  703   (498)   205   1,163   (792)   371
Present value of future profits(a)  574   (574)   -   530   (530)   -
All other  632  (359)  273  375  (369)  6
Total$ 26,061 $(11,911) $14,150 $22,986 $(11,165) $11,821
                  
                  

(a)       Balances at December 31, 2013 and 2012 reflect adjustments of $322 million and $353 million, respectively, to the present value of future profits in our run-off insurance operations to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized.

 


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