GENERAL ELECTRIC CO | 2013 | FY | 3


NOTE 17. OTHER INCOME

 

(In millions)2013 2012 2011
         
GE        
Purchases and sales of business interests(a)$ 1,777 $574 $3,804
Licensing and royalty income  320  290  304
Marketable securities and bank deposits  54  38  52
Associated companies(b)  40  1,545  894
Interest income from GECC  21  114  206
Other items(c)  674  96  8
   2,886  2,657  5,268
Eliminations  222  (94)  (205)
Total$ 3,108 $2,563 $5,063
         
         

(a)       Included a pre-tax gain of $1,096 million on the sale of our 49% common equity interest in NBCU LLC and $3,705 million related to formation of NBCU LLC, in 2013 and 2011, respectively. See Note 2.

(b)       Included income of $1,416 million and $789 million from our former equity method investment in NBCU LLC, in 2012 and 2011, respectively.

(c)       Included net gains on asset sales of $330 million in 2013.


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