Equipment held for lease (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Schedule of equipment held for lease

Equipment held for lease includes railcars, aircraft, and other equipment, including over-the-road trailers, intermodal tank containers, cranes, storage units and furniture. Equipment held for lease is summarized below (in millions).

	December 31,
	2022			2021
Railcars	$	9,612		$	9,448
Aircraft		10,667			9,234
Other		5,212			5,053
		25,491			23,735
Accumulated depreciation		(9,907	)		(8,817	)
	$	15,584		$	14,918

Summary of fixed and variable operating lease revenues

Fixed and variable operating lease revenues for each of the three years ending December 31, 2022 are summarized below (in millions).

	2022		2021		2020
Fixed lease revenue	$	5,184	$	4,482	$	4,262
Variable lease revenue		2,330		1,506		947
	$	7,514	$	5,988	$	5,209

Summary of remaining operating lease receipts

A summary of future operating lease receipts as of December 31, 2022 follows (in millions).

2023		2024		2025		2026		2027		Thereafter		Total
$	3,365	$	2,687	$	1,992	$	1,373	$	673	$	299	$	10,389