Equipment held for lease (Tables)

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Summary 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).

	June 30, 2023			December 31, 2022
Railcars	$	9,747		$	9,612
Aircraft		11,438			10,667
Other		5,347			5,212
		26,532			25,491
Accumulated depreciation		(10,504	)		(9,907	)
	$	16,028		$	15,584

Summary of fixed and variable operating lease revenues

Fixed and variable operating lease revenues for the second quarter and first six months of 2023 and 2022 are summarized below (in millions).

	Second Quarter				First Six Months
	2023		2022		2023		2022
Fixed lease revenue	$	1,478	$	1,264	$	2,895	$	2,452
Variable lease revenue		601		623		1,228		1,107
	$	2,079	$	1,887	$	4,123	$	3,559