Equipment held for lease (Tables)

3 Months Ended

Mar. 31, 2020

Property Plant And Equipment [Abstract]

Schedule of equipment held for lease

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

	March 31, 2020			December 31, 2019
Railcars	$	9,269		$	9,260
Aircraft		8,022			8,093
Other equipment held for lease		4,837			4,862
		22,128			22,215
Accumulated depreciation		(7,229	)		(7,150	)
	$	14,899		$	15,065

Summary of operating lease revenues by type

Operating lease revenues by type for the first quarter of 2020 and 2019 were as follows (in millions).

	Fixed lease revenue		Variable lease revenue		Total
First quarter 2020	$	1,096	$	332	$	1,428
First quarter 2019		1,074		362		1,436