Customer Financing (Tables)

3 Months Ended

Mar. 31, 2023

Customer Financing [Abstract]

Schedule of Customer Financing

Customer financing consisted of the following:

	March 31 2023	December 31 2022
Financing receivables:
Investment in sales-type/finance leases	$779	$804
Notes	370	385
Total financing receivables	1,149	1,189
Less allowance for losses on receivables	55	55
Financing receivables, net	1,094	1,134
Operating lease equipment, at cost, less accumulated depreciation of $79 and $76	411	470
Total	$1,505	$1,604

Financing Receivable Credit Quality Indicators

Our financing receivable balances at March 31, 2023 by internal credit rating category and year of origination consisted of the following:

Rating categories	Current	2022	2021	2020	2019	Prior	Total
BBB						$47	$47
BB	$28	$34	$214	$110	$39	57	482
B					$18	197	215
CCC			35			370	405
Total carrying value of financing receivables	$28	$34	$249	$110	$57	$671	$1,149

Schedule of Customer Financing Carrying Values Related to Major Aircraft Concentrations

The majority of our gross customer financing portfolio is concentrated in the following aircraft models:

	March 31 2023	December 31 2022
717 Aircraft ($11 and $45 accounted for as operating leases)	$510	$563
747-8 Aircraft (accounted for as sales-type/finance leases)	394	394
737 Aircraft ($172 and $174 accounted for as operating leases)	183	186
777 Aircraft (accounted for as operating leases)	205	209
MD-80 Aircraft (accounted for as sales-type/finance leases)	95	96
757 Aircraft (accounted for as sales-type/finance leases)	103	107
747-400 Aircraft (accounted for as sales-type/finance leases)	45	46