GE 2006 Annual Report Download - page 88

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    
Note 10
Investment Securities
2006 2005
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
GE
Debt — U.S. corporate $ 307 $ 24 $ — $ 331 $ 307 $ 2 $ — $ 309
Equity 10 2 (1) 11 26 131 (5) 152
317 26 (1) 342 333 133 (5) 461
GECS
Debt
U.S. corporate 21,323 1,042 (203) 22,162 20,578 1,317 (339) 21,556
State and municipal
915 38 (4) 949 810 47 (2) 855
Mortgage-backed
(a) 6,356 38 (46) 6,348 5,748 44 (56) 5,736
Asset-backed 8,066 436 (23) 8,479 8,433 205 (19) 8,619
Corporate — non-U.S. 1,664 92 (5) 1,751 2,043 209 (10) 2,242
Government — non-U.S. 1,296 105 (3) 1,398 675 91 — 766
U.S. government and federal agency 820 45 (6) 859 803 61 (5) 859
Equity 4,500 1,060 (14) 5,546 879 231 (33) 1,077
44,940 2,856 (304) 47,492 39,969 2,205 (464) 41,710(b)
ELIMINATIONS (7) (1) — (8) (17) (6) — (23)
Total $45,250 $2,881 $(305) $47,826 $40,285 $2,332 $(469) $42,148
(a) Substantially collateralized by U.S. residential mortgages.
(b) Included $16 million in 2005 of debt securities related to consolidated, liquidating securitization entities. See note 28.
86 ge 2006 annual report